Vybrané problémy konsolidace dceřiných podniků v reflexi IFRS

The diploma thesis deals consolidation of subsidiaries with particular interest in a foreign currency and loss of control. The thesis id divided into 5 parts. The first part defines importance of the consolidated financial statements for the users, summarizes the basic terms and provides standards that deal with consolidated financial statements. Second part defines the obligation to prepare consolidated financial statements, determining the degree of influence, the exemtion from consolidation for investment companies and the consolidation of subsidiaries acquired for resale. The third chapter contains a basic definition of full consolidation method and theory is demonstrated on a complex example focusing on intra-group transactions and non-controlling interests. The fourth part deals with the issue of foreign currency. There are describe the basic term from area foreign currency and the procedure for determining the functional currency. After that there are described two types of exchange differences and swown in a smaller examples. The last chapter deals with the problem lost of control and theory is again explained by the smaller examples including the reclassification of other comprehensive income. It gives also example on deconsolidation of foreign subsidiary. The whole work contains comment, as this issue is solved according to Czech accounting legislation.