This paper examines the importance of the position and role of interim financial statements in the Czech financial … reporting.The paper created a proposal for the creation of a new Czech Accounting Standard – “Interim Financial Statements”. Its … essential terms of the lack of interim financial statements. This is the definition of the interim reporting period, the …

standard procedure for the preparation of financial statements for a group, there are still many problems that are not … impact on the final form and explanatory power of the prepared financial statements. …

Firms listed in Business Register are requested to publish their financial statements till the end of the consequent …

comparability and usefulness of the financial statements, increased reporting requirements and the number of Member State options … reporting requirements on presentation of financial statements of companies those use local regulatory rules, which should … presentation of financial statements or researchers who find out similarities or differences between European accounting systems. …

and to help investors. Financial statements record how resources have been handled by the management. The role of … financial statements is to provide informations that will help users to make decisions. They can accomplish this mission only … for those objectives that can be quantified as value and quantity. IFRS is referring to the whole set of financial …

, they bring the relevance and reliability of Financial statements. Application of derivative instruments accounting is an …

and reliable financial statements included in individual or consolidated. In order to build an efficient information … system based on estimation techniques, we need to know first what are the elements of financial statements to be determined …