Naslov (srp)

Uticaj koncepta fer vrednosti na računovodstveni konzervatizam

Autor

Arsenijević, Aleksandra O., 1991-

Doprinosi

Spasić, Dejan 1968-
Đukić, Tadija
Sekerez, Vojislav

Opis (srp)

Biografija autora: list 308;Bibliografija: list. 285-307. Datum odbrane: 25.10.2020. Financial reporting

Opis (eng)

The business communication between entities and numerous interested parties is driven by the financial statements. The basis for the evaluation of financial statement items is important factor of overall accounting information value. Traditional accounting principles are subject of professional bodies’ innovation aiming to direct their development and implementation in practice in terms of emphasizing the advantages of the fair value concept. Namely, in the light of modern technical and technological trends which have influence to the global capital market and its dynamics, the fair value concept represents a good method for determination of a real net assets value in the specific moment. However, relevance of information which this concept provides is endangered by the lack of their reliability and verifiability due to neglect of a long-term prior accounting principle – the principle of conservatism. This principle contributes reducing the risk of overestimating the results, by relying to realized gains and unrealized, but certain losses, and by respecting the lower value principle for assets valuation and the higher value principle for liabilities valuation. In this way, the outflow of capital from the entities is prevented and the stability of their business is maintained, as well as the causally related stability of the market. The coexistence of the historical cost concept and the principles under its auspices with the characteristics of the fair value concept is a compromise solution of modern financial reporting, bearing in mind the divergence of information requirements of different stakeholders. The existence of a certain level of conservatism (caution) in the application of the combined basis of financial reporting is a necessary condition for its relevant and reliable results due to the inconsistency of individual requirements of the two concepts. The main aim of the doctoral dissertation is reflected in determining the impact of a change of the significance of the crucial accounting principles on a financial reporting reliability. Also, the aim of the doctoral dissertation is reflected in perception of changes in the basis of accounting valuation and their influence to the increase or decrease the confidence of decision makers to the accounting information. In addition to theoretical considerations, conclusions are made on the basis of the empirical research which is done on the sample of the entities quoted on the Belgrade Stock Exchange. It is determined that the analyzed entities apply the fair value concept for certain forms of fixed assets, while for the other part of these assets they still apply the historical cost concept.

Jezik

srpski

Datum

2020

Licenca

Ovo delo je licencirano pod uslovima licence
Creative Commons CC BY-NC-ND 2.0 AT - Creative Commons Autorstvo - Nekomercijalno - Bez prerada 2.0 Austria License.

http://creativecommons.org/licenses/by-nc-nd/2.0/at/legalcode