"Publicly traded companies prepare their consolidated accounts in conformity with the international accounting standards (IAS/IFRS) in accordance with the Regulation 1606/2002 of European Parliament. This is obliged for all publicly traded joint-stock companies in the Czech Republic. Other companies prepare financial statements in accordance with national accounting standards. There are Accounting Act, Regulation 500/2002 Sb, Czech Accounting Standards in the Czech Republic. Both systems are based on different principles and exist many differences. The Czech Accounting System (CAS) is based on rules and IAS/IFRS are based on principles. Some of main differences are in the field of revenue recording. They are especially caused by different philosophy. CAS prefers the state fiscal policy to the economic substance and IAS/IFRS prefers the economic substance. There are two standards concerning with revenues recording (IAS 18 - Revenue, IAS 11 -- Construction Contracts) in IAS/IFRS. \u010C\u00DAS 019 -- Expen" . . "Svoboda, Patrik" . "The revenues recording comparison"@en . "Komparace zachycov\u00E1n\u00ED v\u00FDnos\u016F"@cs . "2006-01-01+01:00"^^ . "497481" . "2"^^ . "2"^^ . . "Brno" . "[EE3044573911]" . "BICABR 2006" . "Brno" . . "The revenues recording comparison"@en . . "43110" . "The revenues recording comparison" . "12"^^ . . . "Mendelova zem\u011Bd\u011Blsk\u00E1 a lesnick\u00E1 univerzita v Brn\u011B. Provozn\u011B ekonomick\u00E1 fakulta" . "Komparace zachycov\u00E1n\u00ED v\u00FDnos\u016F"@cs . . . . . "RIV/62156489:43110/06:00095860!RIV08-MSM-43110___" . . "International Accounting Standards; Financial Statements; Construction Contracts"@en . "The revenues recording comparison" . . "824;835" . . "Z(MSM6215648904)" . "80-7157-985-8" . "P\u0159\u00EDsp\u011Bvek je zam\u011B\u0159en na harmonizaci \u00FA\u010Detnictv\u00ED v oblasti investi\u010Dn\u00ED v\u00FDstavby. C\u00EDlem je analyzovat metodick\u00E9 postupy pro zachyceni a vykazovan\u00ED v uveden\u00E9 oblasti podle n\u00E1rodn\u00ED pr\u00E1vn\u00ED \u00FApravy v \u010Cesk\u00E9 republice a podle IAS/IFRS se zam\u011B\u0159en\u00EDm na vz\u00E1jemn\u00E9 rozd\u00EDly a zejm\u00E9na jejich vliv na hodnoty vyk\u00E1zan\u00E9 v \u00FA\u010Detn\u00EDch v\u00FDkazech. Za t\u00EDmto \u00FA\u010Delem byly analyzov\u00E1ny typick\u00E9 p\u0159\u00EDpady stavebn\u00EDch smluv."@cs . . "Bohu\u0161ov\u00E1, Hana" . . . "RIV/62156489:43110/06:00095860" . . "Publicly traded companies prepare their consolidated accounts in conformity with the international accounting standards (IAS/IFRS) in accordance with the Regulation 1606/2002 of European Parliament. This is obliged for all publicly traded joint-stock companies in the Czech Republic. Other companies prepare financial statements in accordance with national accounting standards. There are Accounting Act, Regulation 500/2002 Sb, Czech Accounting Standards in the Czech Republic. Both systems are based on different principles and exist many differences. The Czech Accounting System (CAS) is based on rules and IAS/IFRS are based on principles. Some of main differences are in the field of revenue recording. They are especially caused by different philosophy. CAS prefers the state fiscal policy to the economic substance and IAS/IFRS prefers the economic substance. There are two standards concerning with revenues recording (IAS 18 - Revenue, IAS 11 -- Construction Contracts) in IAS/IFRS. \u010C\u00DAS 019 -- Expen"@en .