Naslov
Accounting treatment of long-term asset according to international and national accounting standards for SMEs

Autori
Žager, Katarina ; Smrekar, Nikolina ; Sever, Ivana

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Skup
5th International Conference “An Enterprise Odyssey: From Crisis to Prosperity – Challenges for Government and Business“, May 26-29, 2010. Opatija

Mjesto i datum
Opatija, Hrvatska, 26.05.2010. - 29.05.2010

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
international accounting standards; national accounting standards; long-term asset; small and medium-sized entities

Sažetak
The process of harmonization of financial reporting on international level leads to changes in accounting regulation. Previous researches indisputable show the fact that International Financial Reporting Standards are too complicated for practical application for small and medium-sized entities. According to mentioned, in July of 2009 IASB published International Financial Reporting Standards for Small and Medium-sized Entities whose main purpose is to satisfy specific financial reporting needs of SMEs. On the other hand national SMEs have to apply Croatian Financial Reporting Standards from the beginning of the 2008. Therefore it will be very interesting and useful to compare accounting treatment of long-term asset and to emphasize the most important determinants of each discussed standard. According to this, the objective of this paper is to show accounting treatment of long term asset and its depreciation according to different regulations for SMEs in EU and RH. Furthermore, this survey has ambition to represent which segments of these standards are not regulated in an appropriate way.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA