The financial results of the company depending on Accounting methods (comparison CAS and IAS/IFRS)

Abstract

This texts is concerned with financial results of the company depending upon chosen procedures of accounting. Accounting procedures based on the Czech accounting standards (CAS) and accounting procedures based on the International accounting standards/International financial reporting standards (IAS/IFRS) are compared. The comparison of achieved financial results is based on the known synthetic index of the financial analyses – Altman Z-score – of the bankruptcy model.