Abstrakt:
The role of individual entrepreneurs is irreplaceable in every market economy. This group of entrepreneur’s acts as a competitor in relation to monopolistic market players, as they are usually quicker and more agile in response to changes in demand. The entrepreneurial activity of individuals can be recorded according to current Czech legislation on the basis of accrual accounting or tax accounting. Both systems serve to capture information about the business and subsequently become an important basis for decision-making. The article uses scientific methods mainly analysis, synthesis and comparison for recognition of these two systems. The questionnaire survey examines the administrative complexity of these systems and the factors that affect entrepreneurs in selecting a system of recording of economic transactions. In choosing a system the most important factors include tax optimization, legislative regulation and administration costs. Respondents are aware of the benefits of tax accounting and accrual accounting. Data do not provide a statistically significant difference in responses between respondents.
