Eliminace intercompany vztahů při sestavování konsolidované účetní závěrky

The aim of the diploma thesis is to explain the basics of consolidated financial statements and explain key terms, to introduce intra-group transactions and how to deal with them and to analyze practical instruments related to consolidation, which are used in a real unnamed company. The thesis is divided into theoretical and practical part. The first part deals with consolidation in general, describes how to define a consolidated group, introduces consolidation methods and explains how to handle intra-group transactions within each method. The second part of the thesis introduces some practical instruments that are used in connection to consolidation and are available in today's market. The practical part also analyses two specific instruments that have been created internally by the same unnamed company. These instruments are used for reconciliation of mutual receivables and liabilities between companies in the group. The final part of the thesis describes how a resale of development of a long-term intangible asset is eliminated in the same company. The practical section concludes with a summary and recommendation related to the analyzed instruments.