Presented article deals with SDR issued by International Monetary Fund in early seventies. It is a reserve asset whose issuance should reduce a dependence of foreign reserve creation on a stock of gold and on a U. S. balance of payments. After a crash of Bretton-Woods monetary system SDR should...

Provisions are accounting items which depends on the estimations. Due to the estimations, the amount of provisions depends on the framework of estimations. The article presents methods of estimations and disclosures rules of both ČÚS and IAS/IFRS. The second part of the article is an empirical...

In the Czech Republic it is allowed to create a provision for the repair of the long-term tangible assets. In consequence of this creation the supposed expenses for the repair of the long-term tangible assets will reflect in the decrease of the net income before the repair is executed. The...

The article is specialized on provisions and try to settle question if creation of provisions leads automatically to ensure a sufficient cash in case of their need. From analysis of selected national legislative sources of Czech Republic comes through, that by selected provisions is this...