Účetní zobrazení snížení hodnoty dlouhodobého hmotného majetku

This thesis deals with the issue of impairment of tangible fixed assets. The theoretical part presents the problem of valuation of tangible fixed assets and value adjustments according to Czech accounting regulations and IFRS. The Accounting Act, which incorporates the prudence principle, and the related regulations contain only a general description of instruments and the procedures for their accounting but do not provide precise guidance on determining their amount. This matter is entirely within the competence of the entity. The practical part aims to present, through a case study, the attitude of a specific Czech company towards the impairment of tangible fixed assets and to emphasise the importance of its correct recognition. Furthermore, the practical part focuses on assessing compliance with the disclosure obligations in the notes and using model situations to demonstrate the significant impact of impairment on the statements. The importance of updating this estimate in response to internal and external factors is also highlighted. Both publicly available and internal sources provided by the company were used to analyse in detail the impairment made.