Vliv měnových kurzů na sestavení konsolidovaných účetních výkazů podle IFRS v podmínkách Ukrajiny

IFRS is now an effective tool for increasing the transparency and quality of information which can detect business activity. Create a robust basis for recognizing revenues and costs, assets and liabilities, equity, which objectively reflect the current financial risk of a legal entity and compare its performance to ensure an adequate assessment of its potential. Those who compile the IFRS statement get much more opportunities to get additional funding sources and new business partners.Mandatory introduction of IFRS in Ukraine has entered into force since 2012. At present time, all listed public companies and financial institutions must prepare their financial statements in accordance with IFRS. As of September 2019, Ukraine should implement into its legislation Regulation (EC) No 1606/2002 of the European Parliament and of the Council of 19 July 2002 on the application of IAS. From that period, financial statements of Ukrainian companies should be fully compatible with the European Union's application of IFRS.In this thesis, the author describes the theoretical basis of foreign currency operations in accordance with IFRS standard IAS 21 The Effects of Changes in Foreign Exchange Rates. It explains the correct ways of recording exchange rate differences and the impact of changes in foreign exchange rates in the company's financial statements. The main objective of the thesis is to identify and verify how and to what extent the entities surveyed by means of exchange rates affect the financial statements in the individual items of the consolidated statements. Analyze this influence in selected areas. The partial objective is to describe and analyze the current issues of exchange rate reporting and to analyze errors in the consolidated financial statements. The practical aim and contribution of research is based on the generalization of research findings to formulate specific recommendations for a wider professional discussion, including on a theoretical basis, with possible suggestions for changes in practical application for the corporate sector and the professional public. Sometimes IFRS does not provide answers to any situation. Therefore, the organization's management must be prepared to justify the methodology used in the financial statements.The concept of the thesis is to summarize the issue of the impact of the exchange rates on the financial statements presented under IFRS. The processing procedure is based on the deductive method as the primary method. Schematically depicted: theory→ hypothesis → collection of data → confirmation/rejection of hypothesis. The inductive method was used to formulate the theoretical conclusions. Schematically illustrated: collection of data → continuous pattern → preliminary conclusions → theory. The research part of the thesis was based on the research of the Ukrainian environment, the financial statements of the Ukrainian companies (groups) were used and the Ukrainian expert public was questioned. Research is realized regarding on its orderliness and organization in three basic steps: description - prediction – explanation.