Proces přijímání dodatku k standardu IAS 8 „Definiton of Accounting Estimates“

The objective of this diploma thesis is to evaluate the comment procedure of the International Accounting Standards Board (IASB) project. Specifically, the subject of the analysis is the amendment to IAS 8 | Definition of accounting estimates. Its aim was to supplement the missing definition of an accounting estimate and thus make it easier for accounting entities to distinguish changes between accounting policies and accounting estimates. A clear distinction between these two accounting terms is also essential from the point of view of users of financial statements, as the accounting solution of these two concepts is fundamentally different. The work consists of two main parts. In the first, theoretical, the due process is generally described, including its stages, and at the same time, a research for comments on other IFRS projects between 2001-2022 is also carried out. The practical part contains a specific description of the changes brought about by the amendment, as well as a description of the course of the due process, and in the very conclusion, a detailed analysis of the commentary letters is carried out, including the interpretation of the findings.