How to read financial statements

The new edition of this practical and clear publication has been updated to take into account the legislative changes applicable as of 1 January 2021. conditions for the payment of profit shares, delegated tax liability for VAT or the issue of cryptocurrencies. There is also a new subsection on the indicative power of financial statements.
The book is intended for managers who need to quickly orient themselves in the accounting statements of a given company and want to get acquainted with the basic principles of Czech accounting. It will also be used by analysts, controlling and internal audit departments and university students.
Individual topics are explained in a way that makes the subject easy to understand. The text contains many illustrative examples and practical examples of the interpretation of financial statements. Accounting cases are not explained directly using the chart of accounts, but the substance of the specific transaction and its presentation in the financial statements is captured.