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Basic Accounting Principles

Apart from exceptions, the substance-over-form concept, as it is known in IFRS, is not applied in the Czech accounting legislation. Other underlying principles – going concern, materiality and accrual principle – are consistent with IFRS.

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  Marek Richter – Partner
  PricewaterhouseCoopers
  Audit, s.r.o.
  nám. Svobody 20, 602 00 Brno
  +420 542 520 170
  marek.richter@cz.pwc.com

•  

   

  Petr Mališ – Director
  PricewaterhouseCoopers
  Audit, s.r.o.
  nám. Svobody 20, 602 00 Brno
  +420 542 520 210
  p.malis@cz.pwc.com

• I.South Moravia: Geography, Labour Force, Economy
• II. Legal Regulation of Business Activities, Establishment of Business Entities
• III. Accounting and Auditing
  • Czech Accounting Legislation
  • Changes in Czech Accounting Legislation for Entrepreneurs
  • Basic Accounting Principles
  • Statutory Financial Statements and Annual Reports
  • Consolidation
  • Auditing
• IV. Tax System in the Czech Republic
• V. Employment and Labour Regulations
• VI. Visa and Integration after Arrival
• VII. Co-operation with South Moravian Institutions
• VIII. Practical Information: Working and Living in South Moravia