Dopad přechodu na Mezinárodní standardy účetního výkaznictví na vypovídací schopnost účetní závěrky

Bachelor’s thesis examines the impact of the transition from Czech accounting regulations to International Financial Reporting Standards on the informative value of financial statements. The thesis is divided into a theoretical and a practical section. The theoretical part defines the function of accounting, the main differences between the two accounting frameworks, and the specifics of IFRS 1. The practical part analyzes the process of Česká zbrojovka a.s.’s transition from Czech accounting regulations to IFRS. The analysis shows that although the transition to International Financial Reporting Standards did not have a significant impact on financial ratios, it improved the quality of the company’s reporting, which now provides a more transparent picture of its economic reality.