Publication detail

Valuation Based on the Historical Cost Principle and its Defects

PERNICA, M.

Original Title

Valuation Based on the Historical Cost Principle and its Defects

English Title

Valuation Based on the Historical Cost Principle and its Defects

Type

conference paper

Language

Czech

Original Abstract

The article presents problems connected with asset valuation based on the historical cost principle. The main aim of the article is to point to defects of the Czech accounting legislation which does not allow the users to obtain relevant information about assets, liabilities, expenditures, revenues and profit/loss result from the accounting statements and to propose possible solutions.

English abstract

The article presents problems connected with asset valuation based on the historical cost principle. The main aim of the article is to point to defects of the Czech accounting legislation which does not allow the users to obtain relevant information about assets, liabilities, expenditures, revenues and profit/loss result from the accounting statements and to propose possible solutions.

Keywords

financial accounting, information need, costs, valuation, internal intercompany accounting

Key words in English

financial accounting, information need, costs, valuation, internal intercompany accounting

Authors

PERNICA, M.

RIV year

2013

Released

25. 4. 2013

Publisher

Tomas Bata University in Zlín

Location

Zlín

ISBN

978-80-7454-246-6

Book

Proceedings of the 6th International Scientific Conference: Finance and the performance of firms in science, education and practise

Edition number

5

Pages from

560

Pages to

570

Pages count

11

BibTex

@inproceedings{BUT100288,
  author="Martin {Pernica}",
  title="Valuation Based on the Historical Cost Principle and its Defects",
  booktitle="Proceedings of the 6th International Scientific Conference: Finance and the performance of firms in science, education and practise",
  year="2013",
  number="5",
  pages="560--570",
  publisher="Tomas Bata University in Zlín",
  address="Zlín",
  isbn="978-80-7454-246-6"
}