Among the most frequent transactions realized between related entities included in a group are sales of goods, provision of services, lending, sales of securities and other financial assets. Consolidation adjustments leading to eliminations of these transactions realized e.g. between parent and...

Although the usage of the equity method in the group where the investor exerts a significant influence becomes the standard procedure for the preparation of financial statements for a group, there are still many problems that are not addressed by the national legislation or in international...

Definition of control and join-control changed during last years in both Czech accounting legislation and International Financial Reporting Standards. This paper deals with character of these changes. This paper also includes comparison of current treatment of control and join-control according...