The thesis deals with an implementation of the International financial reporting standard for small and medium-sized enterprises in a particular czech company. First, author introduces a historical evolution of the standard, a progress of implementation in the world and current issues between the standard and an accounting legislative in the European Union. In the second part, a first-time adoption in a company is defined which is consequently applied in a particular company. Then accounting pol... zobrazit celý abstraktThe thesis deals with an implementation of the International financial reporting standard for small and medium-sized enterprises in a particular czech company. First, author introduces a historical evolution of the standard, a progress of implementation in the world and current issues between the standard and an accounting legislative in the European Union. In the second part, a first-time adoption in a company is defined which is consequently applied in a particular company. Then accounting policies and procedures are analyzed with respect to requirements of the standard. At the end of the thesis, consequences of the transition and main issues are assessed. |