Vykazování odložené daně podle českých předpisů a IFRS

The aim of this paper is to show the difference in reporting deferred tax under Czech legislation and according to the international accounting standards IFRS. The first, theoretical part of the thesis is devoted to deferred tax and its definition, history of deferred tax, methods of calculation of deferred tax and the definition and rules concerning deferred tax in Czech legislation, possible titles of deferred tax in the Czech Republic and finally deferred tax and the rules for its reporting under international standards IFRS. The practical part shows the calculation of deferred tax in real company on the basis of data from the Czech financial statements. The calculation procedure itself of deferred tax under Czech accounting rules and IFRS is the same. The significant differences are in the recognition of deferred tax and in its definition. Deferred tax in the standard IAS 12 is dealt with at considerable length, demonstrated by a number of examples and the following exceptions to the recognition of deferred tax, unlike in Czech legislation where deferred tax is tax is dealt with relatively briefly.