The Long-term Assets Reporting in the Czech State Administration Organizations
| Autoři | |
|---|---|
| Rok publikování | 2015 |
| Druh | Článek ve sborníku |
| Konference | European Financial Systems 2015. Proceedings of the 12th International Scientific Conference |
| Fakulta / Pracoviště MU | |
| Citace | |
| www | http://is.muni.cz/do/econ/sborniky/2015/EFS_2015_proceedings.pdf |
| Obor | Řízení, správa a administrativa |
| Klíčová slova | long-term assets; reporting; state administration; financial statements; accrual principle |
| Popis | This paper deals with the long-term assets reporting in the area of the Czech state administration organizations. The long-term assets represent a significant part of the total assets of the public sector entities generally therefore they also require substantial amounts of budget resources. The paper describes the current state of the long-term assets reporting in the Czech state administration organization and analyses the long-term assets figures and their trends. Thanks to the proceeding public finance reform the long-term assets data are prepared under the accrual basis from 2011 in the whole Czech public sector. Moreover these data are revealed to external users obligatorily which both increase their information capability and transparency. On the other hand preliminary findings suggest that these data still are not used for decision-making purposes sufficiently. The main aim of the paper is to summarize findings concerning the long-term assets reporting in the Czech state administration entities and to determine some developmental trends and coherences. As main data sources the paper uses an informational portal of the Ministry of Finance of the Czech Republic, relating legal regulations and scientific papers. |