Cizí měna v účetnictví české účetní jednotky

The diploma thesis deals with the issue of foreign currency in the accounting of a Czech accounting entity, both from the point of view of Czech accounting legislation and from the point of view of international accounting reporting standards. Ambiguous areas are clarified using the interpretations of the National Accounting Board. The key concept of functional currency is explained, including the conditions for its determination. Attention is also paid to the upcoming new accounting act, which will have a significant impact on the issue. In the final part, an analysis of the business environment is carried out on two sectors with a selection of specific entities and a determination of whether the entity has met the prerequisites for choosing a different functional currency.