Účtování a vykazování dlouhodobé hmotného majetku podle českých účetních předpisů a podle IFRS

This bachelor thesis compares the recognition and measurement of property, plant and equipment under Czech accounting regulation and IFRS. The aim of the thesis is to analyse and compare the effects of different accounting rules on financial statements. The theoretical part defines the basic principles of the recognition and measurement of property, plant and equipment under both accounting systems and identifies their main differences. The practical part is based on comparative analysis of the separate financial statements of Metrostav a.s., prepared in accordance with Czech accounting regulation, and consolidated financial statements of the Skanska Group, prepared in accordance with IFRS. The analysis is supplemented by model examples that quantify the effects of different accounting approaches on financial statements. The results of the thesis indicate that IFRS place greater emphasis on the economic substance of property, plant and equipment and related transactions, which contributes to increases the usefulness of financial statements.