Vedení účetnictví ve funkční měně

The thesis deals with the issue of accounting in functional currency. The aim of the thesis is to analyse the legal framework of this option, to evaluate its advantages and disadvantages and to present the practical aspects of the implementation of functional currency in a specific accounting unit. In the theoretical part, the legal regulations that allow for accounting in functional currency, including the relationship to the International Accounting Standard, are discussed. The practical part focuses on a company in the anonymised ABC group where the transition was successfully implemented. The work highlights the savings generated by the reduction of exchange rate differences, the streamlining of accounting processes and the increase in transparency of reporting. At the same time, it highlights the challenges related to the mismatch between accounting and tax legislation, technical support and the need for professional background.