Audit investiční společností a investičních fondů

This master’s thesis is focused on accounting context of investment companies and investment funds with emphasis on financial instruments and audit of financial statements of investment companies and investment funds with respect to Czech Accounting Standards. Firstly, I define audit as a discipline and explain methods that the auditor uses to achieve the final objective, the issuance of the audit opinion. Subsequently, I describe the core and core business of investment companies and investment funds particularly from the legal aspect, analyse the specifics in their accounting including financial instruments and the specifics of audit of financial statements of these entities. The practical part of the thesis compares publicly available financial statements of a selected fund reporting according to the Czech Accounting Standards before and after imposing of the obligation to account for financial instruments according to IFRS.