Naslov
Regulations for the Preparation of Financial Statements by Banks in Croatia and Poland

Autori
Broz Tominac, Sanja ; Bauer, Kinga

Izvornik
Argumenta Oeconomica Cracoviensia (1642-168X) 2017 (2017), 16; 81-97

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
financial reporting ; bank regulation ; bank ; Croatia ; Poland

Sažetak
This paper examines the similarities and differences in the financial reporting of banks in Croatia and Poland. It analyses the legal regulations governing bank financial reporting in the two countries. While both countries belong to the European Union, thanks to certain freedoms in national legislation, some differences in the banks’ financial reporting have occurred. The same IFRS and elements of financial statements resulting from these standards apply to both countries. Banks in Poland apply national rules in cases not regulated by IFRS, while banks in Croatia are required to apply IFRS according to accounting law. In Poland, banks produce a report on activities that accompanies annual financial statements, while those in Croatia do not. There are also some differences regarding the types of banks that operate in the two countries, i.e. Croatia has no cooperative banks.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA