563/1991 Coll.



LAW



of 12 October. December 1991



on accounting



Change: 117/1994 Coll.



Change: 227/1997 Coll.



Change: 492/2000 Sb.



Change: 353/2001 Sb.



Change: 575/2002 Sb.



Change: 437/2003 Coll.



Change: 437/2003 Coll. (part), 257/2004 Coll.



Change: 669/2004 Sb.



Change: 495/2005 Sb.



Change: 179/2005 Sb.



Change: 81/2006 Sb.



Change: 57/2006 Sb.



Change: 230/2006 Sb.



Change: 264/2006 Sb.



Change: 69/2007 Sb.



Change: 261/2007 Coll. 296/2007 Coll. 348/2007 Sb.



Change: 126/2008.



Change: 304/2008 Coll. (part)



Change: 230/2009 Sb.



Change: 304/2008 Sb.



Change: 227/2009 Sb.



Change: 410/2010 Sb.



Change: 188/2007 Sb.



Change: 355/2007 Sb.



Change: 167/2009 Sb.



Change: 239/2009 Sb.



Change: 428/2007 Coll., 503/2012 Sb.



Change: 344/Sb.



The Federal Assembly of the Czech and Slovak Federal Republic

committed to this Act:



PART THE FIRST



General provisions



§ 1



(1) this Act shall, in accordance with the law of the European Union ^ 1) range and

method of accounting, the requirements for its weight and conditions

transfer of accounting records for the needs of the State.



(2) this Act applies to the business units, which are



and legal persons), which are located on the territory of the Czech Republic,



(b)) the foreign legal person and foreign units, which are based on

the rule of law on which they are based or established, accounting

unit or are required to keep accounts, when in the territory of the United

States operate or operate any other activity according to the specific

legislation,



(c) organizational units of the State)



(d)) of physical persons as entrepreneurs registered in the commercial

the register,



e) other natural persons who are entrepreneurs, if their turnover

According to the law on value added tax, ^ 1a) including the implementation of exempted

from this tax, which are not part of the turnover in their business

activities exceeded for the immediately preceding calendar year, the amount of the

25 0000 0000 Czk, from the first day of the calendar year.



(f) any other natural person) that lead the accounts on the basis of their

the decision,



g) other physical persons who are entrepreneurs and are companions

combined in the company if at least one of the partners of associated

in this society is the person referred to in points (a) to (f))) or h) to

l),



h) other natural person to whom the obligation of keeping stores

a special law,



I) trust funds under the civil code,



j) funds managed by the company under the law governing pension

pension savings, and under the law governing supplementary pensions

savings,



k) investment funds without legal personality under the law governing

investment companies and investment funds, or



l) those to whom the obligation of financial statements provide for special

legislation or that are entity under a special

legal regulation.



The provisions of subparagraphs (d) to (h))), shall apply to foreign natural persons.

This law shall also apply to the person responsible for keeping the accounts

under Section 4a.



(3) this Act lays down the conditions for the discovery of accounting records

the needs of the State. Survey of accounting records for the needs of the State means the

range of activities that aim to collect accounting records from

the selected business units and business units, which provided for

This Act or special legislation, in the central accounting system

information of the State and to the preparation of financial statements for the Czech Republic.

The selected entities are organizational units of the State, State

funds under the budget rules, territorial self-governing units, voluntary

volumes of the municipalities, the Regional Council of the cohesion regions, contributory

organizations and health insurance companies.



(4) the Discovery of accounting records for the needs of the State, including the compilation of

financial statements for the Czech Republic, the Ministry of Finance (on conducts

' the Ministry '), which also manages the central accounting system

information of the State ensures its use in the context of the monitoring,

detection and control of the activities of the public authorities referred to in

a special law ^ 37) and provides methodological support to selected accounting

units within a discovery of accounting records for the needs of the State.



§ 1a



paid



the title of the paid



section 1b



paid



§ 1 c



paid



§ 1 d



paid



section 1e



paid



section 1f



paid



§ 2



The subject of accounting



The accounting unit charge status and the movement of property and other assets, liabilities

including debt and other liabilities, costs and revenues, and about the outcome of

management.



§ 3



(1) the business unit accounted for podvojnými writes about facts

are subject to accounting, the period to which these facts time and

factually linked (the "accounting period"); If it is not possible to this policy

i may post in the accounting period in which they have identified as referred to

fact. In the accounting period of the entity be accounted for on the

the facts in accordance with the accounting methods (§ 4 para. 8); about

all costs and benefits be charged irrespective of their

payment or acceptance.



(2) the accounting period is the 24-hour consecutive period of 12 months,

If it is not stipulated otherwise. The accounting period is either the same as the

calendar year, or year. Marketing year,

accounting period, which could begin with only the first day of the other months

It's January. The accounting period immediately prior to the change in accounting

the period may be shorter or longer than the specified period of 12 months.

Accounting period in the formation of the business units in the three months before the

at the end of the calendar year or upon termination of the entity in a period of three

months after the end of the calendar year or the marketing year may be

appropriate for longer than the said period of 12 months.



(3) in cases of transformation and business corporations under a special legal

Regulation (hereinafter referred to as "the transformation of business corporations"), with the exception of the changes

legal forms and the cross-border transfer of registered office, financial year begins

reference date and ends on the last day of the accounting period in which it was

written above in the commercial register, if the

acquiring a business unit, the business unit is being divided by splitting the

or, in the case of the receiving partner transfer of assets to the partnership.

At participating business units for the accounting period ends on the date of

prior to the merger effective date under special legislation.



(4) the accounting period may be longer than 12 months also



and in the formation of the entity) in a period of 3 months before the end of

the calendar year,



(b)) upon termination of the business units in the period of 3 months after the end of

calendar year or of the marketing year,



(c)) if provided for in this Act or special legislation at the balance sheet date

a period of up to 3 months before the beginning of the current accounting period,



(d)) if provided for in this Act or special legislation at the balance sheet date

within 3 months after the end of the current accounting period and is not contrary to the

such an extension of the meaning of the balance sheet date for the current period,



e) falls on the record date of the acquiring entity's financial

units distributed by splitting or successor of a shareholder in the

the case of the transfer of assets to the partnership contribution to the period of 3 months before the end

calendar or marketing year and if at the same time in this period

to write the transformation of business corporations in the commercial register.



(5) the business units that are not organizational State, territorial

Government or an entity resulting from or set up

a special law, ^ 1 c) can apply marketing year. Apply

marketing year only after the intention to change the accounting year

the locally competent tax administrators at least 3 months before

the planned change of accounting period or before the end of the current accounting

period, and depending on which of the terms occurs earlier, otherwise, the accounting

period remains unchanged. Such an amendment to the accounting period, the accounting officer may

Unit in the current accounting period only once. Similarly,

advance business units as well as during the transition from the marketing year

calendar year.



(6) the marketing year as specified in paragraph 5 can also be



and) an entity within 30 days from the date of the entity, or



(b) the acquiring entity) by the entity being divided

by splitting or transposing the companion in the case of a transfer of assets to

Companion within 30 days from the date of registration of the conversion to a corporation

the commercial register.



§ 4



(1) the entity referred to in § 1 (1). 2 (a). a), (c)) and i) to l) are

required to keep records of the date of its creation until the day of their demise;

the business units referred to in § 1 (1). 2 (a). (b)) are obliged to keep

the accounts from the date of the initiation of the action until the date of cessation of the activities of the

the territory of the Czech Republic.



(2) the entity referred to in § 1 (1). 2 (a). (d)) are obliged to keep

the accounts from the date of registration in the commercial register until the date of the deletion of


the commercial register, if they have suffered an obligation to keep accounts according to

§ 1 (1). 2 (a). (e)), g) or (h)).



(3) the entity referred to in § 1 (1). 2 (a). (e)) are obliged to keep

the accounts from the first day of the accounting period following the calendar

the year in which they became the accounting unit, until the last day

the financial year in which it ceased to be an entity, if none

they are required to keep accounts according to § 1 (1). 2 (a). (d)), g) or (h)).



(4) the entity referred to in § 1 (1). 2 (a). (f)) are obliged to keep

the accounts from the first day of the accounting period following the period in

which have decided to keep accounts, unless the accounts

from the date of starting business or other self-employment,

until the date of termination of the activities, or the last day of the accounting

the period in which they have decided to quit, and the accounting does not arise if the

they are required to keep accounts according to § 1 (1). 2 (a). d), (e)), g), or

(h)).



(5) the entity referred to in § 1 (1). 2 (a). g) are obliged to keep

the accounts from the first day of the accounting period following the period in

which



and they have become shareholders in the joint) in the company, or



(b)) with any of of the partners associated in the company become an accountant

the unit,



up until the last day of the accounting period in which they cease to be

the partners associated in the company, if they have suffered to keep

accounting pursuant to § 1 (1). 2 (a). d), (e)), g) or (h)).



(6) the entity referred to in § 1 (1). 2 (a). h) are obliged to keep

the accounts from the date of the initiation of the action until the date of cessation of the activities, if

provides for a special law to the contrary, and none if they have an obligation to keep

accounting pursuant to § 1 (1). 2 (a). d), (e)), or (g)).



(7) with the exception of their activities can business units pursuant to § 1 (1).

2 (a). (d) to (h))) end bookkeeping soon after 5

consecutive accounting periods, in which the leading accounting.



(8) business units are required to adhere to in accounting

in particular, reference the chart of accounts, the arrangement and marking of the items the accounting

statements and the consolidated financial statements, the scope of these

statements, the accounting methods, the conditions for the transfer and the repossession of accounting records

and the other conditions laid down by implementing legal accounting

regulations. The implementing legislation for each group accounting

units adjusted



and the scope and compiling) financial statements and a copy of the annual

the message,



(b)), the labelling and the content layout definition of assets and other

assets, liabilities and other liabilities in the financial statements, including layout,

the labelling and the content definition of off-balance sheet accounts



(c)), the labelling and the content layout definition of costs, revenues and

the results of the management of the financial statements,



(d) to organize and display the definition of) the explanatory and supplementary

the information in the notes to the financial statements, including information about waste management

the resources of the State budget and the budgets of territorial self-governing units,



(e)) the design and content of the abstract definition of the cash flow statement and

an overview of changes in equity,



f) indicative chart of accounts



g) accounting methods, especially methods of valuation and their use, including

the valuation of the asset file, how to create and use of adjustments,

procedures for depreciation, how to create and use of provisions,



(h) the transition from simple) methods of accounting or tax accounting according to the

^ 1 d) a special law on accounting, the



I) arrangement, the labelling and the content of the consolidated

the financial statements,



j) methods of consolidation the financial statements,



the procedure for inclusion of the business units) to the consolidated Group,



l) the definition of the selected business unit and determine which of them

to be transmitted to the Central System State only financial accounting information

records for the preparation of financial statements for the Czech Republic and for the partial

consolidation units State



m) the rules for the format, structure, transport and security accounting

records in the technical form of the selected business unit,



n) requirements for technical and mixed forms of accounting records, including

requirements on their relevance, transmission and storage,



about) the extent and frequency of communication selected accounting accounting records

units to the central system of accounting information of the State,



p) the extent and method of preparation of financial statements for the Czech Republic and for

sub-groups of the State



q) arrangement, the labelling and the content definition of assets and other

assets and liabilities and other liabilities in the financial statements for the Czech Republic

and for sub-groups of the State; for the selected business unit is

part of the CCIP binding pattern parts of financial statements,



r) organizing, labeling and containment of costs and revenues

and the cash flows in the financial statements for the Czech Republic and for the partial

consolidation units State



with) the design, description and scope of explanatory and

supplementary information in annex to the financial statements for the selected business

units and in the annex to the financial statements for the Czech Republic and for the partial

consolidation units State



t) consolidation method and their use in the preparation of financial statements

for the Czech Republic and for sub-groups of the State



u) requirements for your organization, and how to perform an inventory for the selected

the business units



in the conversion of the company including) method modifications carried out in the framework of the transformation

the business of the Corporation as of the date of incorporation with the effects from the

the vesting date, method of opening balance sheet Assembly and adjustments when

cross-border conversion, deposit, or a sale of the company,



w) requirements for the organisation of the clearance of accounts of the selected

business units and method of providing the synergy of the persons concerned

This approval.



(9) business units are required to lead one of the accounts for the financial

unit as a whole.



(10) the business units are required to keep accounts as system

accounting records; in doing so, they can use the technical resources, media

information and software. Accounting record is a data

that is a record of all of the facts relating to the management

accounting. Every fact concerning the keeping of accounts are an accounting

units are required to record the only accounting records.



(11) the individual accounting records can be grouped into summary

accounting records; such accounting records are in particular the financial

vouchers, accounting records, account books, depreciation, inventory

inventories, chart of accounts, financial statements and annual report. Accounting

units are required to keep such records for at least the extent

provided for under this Act.



(12) business units are required to keep accounts in the cash

units of the Czech currency. In the case of receivables and liabilities, shares

commercial companies, ^ 2) rights of securities and uncertificated ^ 3)

Securities ("securities") and derivatives, ^ 4) stamps, if

are expressed in a foreign currency, and foreign currencies, the business units are required to

at the same time and use the foreign currency; This obligation also applies the corrective

entries, reserves and technical reserves, ^ 6) if assets and liabilities,

to which they relate, are expressed in a foreign currency.



(13) business units are required to keep accounts in the Czech language.

Accounting documents may be drawn up in a foreign language only if the

the condition of clarity under § 8 para. 5.



(14) information system under a special legal regulation ^ 7) can be

the accounts considered only as a whole.



(15) the business units are required to use the accounting year in question

the accounting methods provided for in paragraph 8, as amended at its beginning.



Section 4a



(1) the accounting of trust funds, including the preparation of the financial

statements and the fulfillment of other obligations laid down in this Act,

corresponds to the controller; If several administrators in charge of common management,

shall be jointly and severally liable. For accounting trust

the funds, which are investment fund under the law governing

investment companies and investment funds, including the preparation of the financial

statements and the fulfillment of other obligations laid down in this Act,

correspond to the administrator and obhospodařovatel jointly and severally.



(2) the accounting of other investment funds without legal

personalities under the law governing investment companies and investment

funds, including the preparation of financial statements and the fulfillment of other obligations

provided for in this law, correspond to the administrator and obhospodařovatel

jointly and severally.



(3) for the keeping of accounts of other business units without legal

figures, including the balance sheet and the fulfillment of other

obligations laid down in this Act, correspond to a person who is

saved to construct financial statements, and the person who acts on behalf of the accounting

drive, or any other person, shall lay down the specific legal

prescription, jointly and severally.



§ 5




(1) the entity may charge the leadership of their accounts and other

legal or natural person.



(2) the Authorization referred to in paragraph 1, shall not relieve an entity

responsibility for the management of the accounts.



§ 6



(1) the business units are required to capture the fact that are

the subject of accounting, (hereinafter referred to as "events") accounting documents.



(2) the business units are required to record the events in accounting

books (the "postings") only on the basis of the relevant accounting

the records referred to in paragraph 1.



(3) the business units are required to take inventory of the assets and liabilities referred to in

section 29 and 30.



(4) the business units are required to prepare financial statements in accordance with § 6

as good, or as an emergency or interim, and in addition, in the

the cases provided for under section 22 to 22b compiled and consolidated

the financial statements.



(5) the accounting unit and other persons for whom this law so provides

or other legislation, are obliged to transmit the accounting records to the

the central system of accounting information of the State and take over the accounting records

out of the central system of accounting information of the State, or to take

the request to pass on-demand accounting record, according to a special

the legal rules relating to the rules for the format, structure, and transfer

the security of accounting records in the technical form of the selected business

units.



(6) in the event that a special law approved by the founder or

another entity financial statements of selected business unit, provides

the business unit synergies for the approval of its annual

the shutter.



§ 7



(1) the business units are required to keep accounts, so that the accounting

statements prepared on osinek and fair view

the subject of accounting and the financial situation of the entity.



(2) the view is true, if the content of the items of the financial statements corresponding to the

the actual state that is displayed in accordance with the accounting

methods, the use of which the entity is saved on the basis of this

the law. The view is honest when it used accounting methods

the way that leads to the achievement of fidelity. Where an entity may

choose between the more options the accounting methods and the chosen option would

overcoming the real state, an entity shall choose another

the option that corresponds to the actual state. Where in exceptional

cases to the fact that the use of accounting methods laid down in the implementing

the legislation will be incompatible with the obligations referred to in paragraph 1,

an entity shall proceed by way of derogation, in order to give a true and fair

image.



(3) the entity is required to apply accounting methods in a way that

based on the assumption that it will continue its activities continuously and

that it does not occur any fact which would restrict or

prevented in this activity to continue for the foreseeable future. In

If an entity has information about the fact that such

the fact occurs, is required to apply accounting methods in a way that

appropriate, with information about the way they are required to provide

in the annex to the financial statements.



(4) Organizing and labelling items of the balance sheet and profit and loss account and

their content definition and valuation methods used in one accounting

the period must not change the business unit in the following accounting period.

The entity may set out the arrangement and labelling and content

the definition and valuation change between whole or in part

the accounting periods only for reasons of business or other changes

activities or for reasons see refinement or improvement of

presentation of the financial statements, and information on any such

change with its proper justification are required to indicate in the notes to the financial

statements.



(5) the business units are required to in the annex to the financial statements [section 18 (1)

(a). (c))] always include information on accounting methods, where appropriate,

derogations from these methods referred to in paragraph 2 with their proper

justification and their effect on its assets and liabilities, financial

the situation and the results of operations of the entity. The selected business units

be given in the annex to the financial statements also information about the State of the accounts in the book

off-balance sheet accounts.



(6) the business units are required to charge on the assets and liabilities, as well as

on the financial resources of the State budget and financial resources

the budgets of territorial self-governing units, costs and benefits in the accounting

books and display them in the financial statements separately without their

mutual showdown. Violation of mutual clearing are not cases

the modified accounting methods.



§ 8



(1) the business units are required to keep accounts correct, complete,

conclusive, understandable, clear and a manner that guarantees the permanence of

accounting records.



(2) the accounts of the accounting unit is correct, if an entity

keep the books so that it is not contrary to this Act and other legal

rules or circumvent their purpose.



(3) the accounts of the accounting unit is full, if an entity

posted in the accounting period in the books of all the events,

You should post in accordance with § 3, and by the end of this

period for him immediately preceding financial year, drawn up the

financial statements, where appropriate, consolidated accounts, is made by the

the annual report, where appropriate, the consolidated annual report, published

information pursuant to § 21a and has all of the relevant facts

records, and well-organized.



(4) the accounts of the entity is conclusive, if all accounting

the accounting records are conclusive (§ 33a) and an entity

carried out the inventory.



(5) the accounts of the accounting unit is understandable, if it allows

individually and in the context of reliably and unambiguously specify



and content of the accounting of cases at least) with the use of accounting methods referred to in

section 4, paragraph 4. 8,



(b)) the content of accounting records with the use of the instruments listed in section 4, paragraph 4. 10,



(c)) the link between the accounting record resulting from the grouping and sub accountants

the records in the cases referred to in § 33 para. 5.



(6) the accounts of the accounting unit is conducted in a manner that guarantees the permanence of

accounting records, when an entity is unable to meet the obligations of the

associated with their safekeeping and processing under section 31, 32 and section 33 para. 3 and

7 all the time, after which it is stored by this Act.



PART TWO



The range of bookkeeping, accounting documents, accounting records and accounting books



§ 9



The range of bookkeeping



(1) unless otherwise provided by this Act or special legislation provides otherwise, the accounting

units are required to keep accounts in full.



(2) the entity referred to in § 19a and 23a accounts in full

the scale method shall be applied under these provisions.



(3) from the business units pursuant to § 1 (1). 2 (a). a) and b) can lead

accounting in a simplified range



and civic associations, their) business unit, ^ 8) which have legal

personality, churches and religious societies ^ 8a) or church institution,

that is a legal entity registered under the law governing

status of churches and religious societies ^ 9), public benefit

the company, the hunting community, ^ 10) Endowment funds and the community

unit owners, ^ 10a)



b) housing associations, which do not have an obligation to have been validated for financial statements

the Auditor, and cooperatives, which are based solely for the purpose

ensuring the economic, social, or other needs of their

members of ^ 10b)



c) contributory organizations that are not consolidated unit

under this Act, for which their education authority so decides,



(d) other business units) of which it lays down a specific law.



(4) from the business units pursuant to § 1 (1). 2 (a). (d) to (l)))

accounting in a simplified range of those that do not have an obligation to have

financial statements by the Auditor, or been validated for those which it lays down special

the law.



(5) the obligation to keep accounts in full the entity has always,

If he no longer fulfils the conditions laid down in paragraph 3 or 4 for leadership

accounting in a simplified range; on the accounting management in the

a simplified scale, an entity may go in the event that meets the

the conditions laid down in paragraph 3 or 4 for accounting in the

a simplified range. Change the scope of accounting can be done

only on the first day of the accounting period following the accounting period, in

where an entity has identified above.



§ 10



cancelled



§ 11



Accounting documents



(1) the accounting documents are the supporting accounting records, which must contain the



accounting document),



(b)) the contents of the accounting case and its participants,



c) sum of money or information about the price per unit of measurement and representation of the

the amount,



(d) a copy of the accounting document),



(e)) the time the accounting case, if it is not the same as the moment

referred to in subparagraph (d)),



f) signing the record in accordance with § 33a paragraph 1. 4 the person responsible for accounting


the case and signing a record of the person responsible for posting.



Fact, according to the letter a) to (f)), concerning one accounting

the document may be included on multiple records. Fact

referred to in points (b) and (c))) may relate to more accounting cases. The signing

the record referred to in subparagraph (f)) may be common to several accounting documents. In

of these cases, the accounting record and accounting document contain

identifier, which can be unmistakably identify the mutual link between

the accounting record, and accounting document, including the relevant facts.



(2) the business units are required to prepare accounting documents without

undue delay after the fact that they depict, and

so, in order to determine the content of each individual accounting

the case in the manner pursuant to section 8 (2). 5.



§ 12



Accounting entries



(1) accounting entries are accounting records, the content of which is determined by the

the provisions of this Act that relate to the books.



(2) the entity shall make the accounting entries kept in the

the accounting period after the copy of the accounting document in such a way that

will not jeopardize the fulfilment of the requirements as well as other legislation. An accounting

registration must be accompanied by the person responsible for signing the record of its

the execution, if it is not the same as signing a record of the person responsible for

post the transaction.



(3) an entity's accounting records must not perform outside of the books.



the title launched



section 13 of the



The books



(1) the entity be accounted for, unless this Act provides otherwise:



and) in journal (journals), in which the accounting entries are arranged in terms of

time (chronologically) and which demonstrate the posting of all accounting

cases in the accounting period,



(b)) in the ledger in which the accounting entries are arranged in terms of substantive

(systematically),



(c)) in the books of analytical accounts, divorcing in detail the financial

ledger entries



(d)) off-balance sheet accounts in books, in which the accounting entries,

that will be in the books, according to letters and) and (b)).



(2) the book includes synthetic accounts according to the chart of accounts, which

contain at least the following information:



and account balances) to the date on which opens the main book,



(b) the aggregate turnover by) the debit and credit accounts, at least for the calendar

month; the selected business units reported aggregate turnover per day

This obligation to be fulfilled if the entity selected in other accounting book



(c)) the account balances as at the date to which the accounts are drawn up.



(3) the entity shall not establish accounts outside of the chart of accounts and accounting

book.



§ 13a



A simplified range of accounting



(1) business unit, which maintains the accounts in a simplified scale,



and) chart of accounts are drawn up by in which can only be given posting groups,

does not require a special law ^ 11a) Division details



(b)) can combine with the posting journal in the posting in the ledger,



(c)) shall not apply the provisions of § 25 para. 3, with the exception of depreciation,



(d)) shall not apply the provisions of § 26 para. 3 relating to the reserves and provisions

items, with the exception of provisions and adjustments according to the specific

law ^ 11b)



(e) the provisions of section 27) with the exception of section 27 para. 3 the conversion

housing cooperatives,



f) compiled financial statements to the extent specified for individual groups

business units (§ 4 para. 8) of the implementing regulation.



(2) business unit, which maintains the accounts in a simplified range

pursuant to paragraph 1 may not apply the provisions of § 13 para. 1 (b). (c)), and (d)).



(3) the application of the procedure referred to in paragraphs 1 and 2 is not a violation of the provisions of §

3 (2). 1 and § 7 (2). 1 and 2.



§ 13b



paid



§ 14



Indicative chart of accounts and the chart of accounts



(1) the target determines the layout of the chart of accounts and posting mark classes

where appropriate, posting groups or even synthetic accounts for posting on the State

and the movement of property and other assets, Payables and other liabilities,

costs and benefits, and the profit or loss; This arrangement must

to ensure the preparation of financial statements. For the selected business unit can

indicative chart of accounts specify arrangement and designation of analytical accounts and

marking and arrangement of the off-balance sheet accounts.



(2) on the basis of indicative chart of accounts referred to in paragraph 1, the accounting

units required to construct a chart of accounts, indicating the accounts needed to

post all accounting cases and the preparation of financial statements in the

the business unit.



(3) the accounting unit compiled the chart of accounts referred to in paragraph 2 for each

accounting period; during the accounting period it is possible to chart of accounts

complement. If it does not occur on the first day of the accounting period to change the

chart of accounts in force in the previous accounting period, the procedure

the unit of account referred to in this schedule and in the subsequent accounting period.



§ 15



cancelled



section 16 of the



Other provisions on the books of the



(1) the cash amount in books of analytical accounts must match the

the relevant summary sums turnovers or balances of synthetic

accounts, to which these accounts are maintained are.



(2) in the books of analytical accounts shall be expressed in cash

units; You cannot use only units of measurement and expression of quantity.



§ 17



Opening and closing the books



(1) unless otherwise stipulated, the accounting unit open accounting

books



and the date of occurrence of the obligations) to keep accounts,



(b)) on the first day of the accounting period



(c)) to the date of entry into liquidation,



(d) at the date of the next) after the date of proposal processing

liquidation value, or on the day following the date of processing

report on the disposition of the property under special legislation,



(e)) at the date of which you are experiencing the effects of the bankruptcy decision or to which

you are experiencing the effects of a court decision on the conversion of reorganization in bankruptcy,



(f)) on the day following the date on which the cancellation effects occur

bankruptcy,



(g)), on the date which you are experiencing the effects of the approval of the reorganisation plan,



(h)), on the date following the date on which you are experiencing the effects of compliance with

reorganization plan,



I) on the date following the date on which you are experiencing the effects of the plan

debt relief, or



(j)) at a date for the opening balance sheet Assembly lays down special

legal prescription.



(2) unless otherwise provided, the entity shall be concluded between the accounting

books



and the date of termination of the obligation) to keep accounts,



(b)) to the last day of the accounting period



(c)) on the day preceding the date of entry into liquidation,



(d) the date of cancellation) without going into liquidation, with the exception of transformation and business corporations,



e) on the day preceding the date on which you are experiencing the effects of the decision on the

bankruptcy or to which you are experiencing the effects of a court decision on the conversion

reorganization in bankruptcy,



(f)) to the date on which you are experiencing the effects of cancellation of bankruptcy,



g) on the day preceding the date on which you are experiencing the effects of the approval

reorganization plan,



(h)) to the date on which you are experiencing the effects of the fulfilment of the reorganization plan,



I) on the date on which you are experiencing the effects of compliance with debt relief plan, or



(j)) at the date to which the lays down the obligation to take out books or

to prepare the financial statements of the special law.



(3) the business units involved in the transformation of the business corporation opened

the books on the reference date of a business Corporation and lead

the accounts separately from the effective date to the date of the conversion companies

the registration of conversion companies in the commercial register. Acquiring accounting

the unit, which was not the entity concerned, opens the book

the book on the day of the registration of the conversion in the commercial register of business corporations

with the effects from the effective date in accordance with the method of transformation of society. To

the date of registration of the conversion in the commercial register, the company at the date of

even on the day preceding the next after the date of registration of the transformation business

corporations in the commercial register of the accounts does not build,

If it is not stipulated otherwise. The financial statements do not draw up company

the accounting unit on the last day of the accounting period after the closing date,

If the date of registration of the transformation taking place in the business corporation

the following accounting period.



(4) in the case of a transfer of assets to a successor who does not

accounting, business unit of the company concerned closes the books

on the day preceding the day of registration of the transformation of the business Corporation in the

the commercial register.



(5) if the cross-border conversion is the incumbent business corporations

or receiving a foreign person and companion of the participating

the acquired business units pursuant to § 1 (1). 2 (a). and accounting)

unit pursuant to § 1 (1). 2 (a). (b)), this does not open the entity to

the date of commencement of their activity books, but continues in the lead

accounting adjustments made in accordance with the methods of conversion

business corporation with effect from the effective date. If you are a cross-border

the conversion is the acquiring company, cooperative or transposing

companion to a foreign person and the entity being acquired from participating

According to § 1 (1). 2 (a). and an entity varies according to) § 1 (1). 2


(a). (b)), a business unit of the company concerned concluded pursuant to § 1 (1).

2 (a). and the accounting books to date). This provision shall not apply to

change of the legal form of cross-border and cross-border transfer of the seat.



(6) in accordance with paragraphs 3 to 5 shall, if he fails in the transformation of society

the date of registration of the conversion in the commercial register of business corporations the same as

the decisive day. When this conversion of the company's business units closed

involved in the conversion of the company's accounting books on the day preceding

the record date for the conversion of the company. The decisive day of the conversion of the business

Open the books of the Corporation only the acquiring entity,

an entity divided by splitting or transposing a companion in

the case of the transfer of assets to the partnership. In the case of cross-border conversion,

If the entity being acquired from participating pursuant to § 1 (1). 2 (a).

and the accounting unit) according to § 1 (1). 2 (a). (b)), and these financial

the unit opens the books on the date decisive conversion business

corporations.



(7) after the approval of the financial statements, an entity must not add more

accounting entries at any time later in closed the books with the exception of

cases of conversion of a corporation referred to in paragraph 3. To the point

approval of the financial statements, no later than the end of the following

the reporting period, the entity can only reason that content items

does not correspond to the actual state of the balance sheet, already closed the books

again open and perform repairs accounting entries and build

a new chart of accounts, this becomes a financial statements under this

the law.



(8) if the legislation provides for the obligation to draw up the business unit

regular or extraordinary financial statements and interim financial

statements, interim financial statements, does not build.



PART THREE



The financial statements



section 18



The financial statements



(1) the accounting unit compiled in the cases provided for by this Act

the financial statements. The financial statements are an integral part and consists of



and balance sheet) (balance),



b) profit and loss account,



(c)) annex, which explains and supplements the information contained in the parts of the

referred to under letters a and b)), in particular the fulfilment of section 7 (2). 3 to 5 and §

19 para. 5; the annex also contains information on the amount of due liabilities

social security contributions and contributions to the State policy

employment, the amount of due liabilities for public health insurance

and the amount of tax arrears at the locally registered the relevant

financial authorities.



Financial statements may include the statement of cash flows or overview

of changes in equity. The selected accounting unit compiled an overview

of cash flows and of changes in equity, unless the

balance sheet date and for the immediately preceding financial year will meet

the two criteria referred to in section 20 (2). 1 (b). a) points 1 and 2.



(2) the financial statements referred to in paragraph 1 shall contain the



and) name, trade name or the name of the entity; u

the business units pursuant to § 1 (1). 2 (a). a) to (c)) and i) to l) headquarters

or for the business units pursuant to § 1 (1). 2 (a). d) to (h)) domicile and

place of business, if different from the residence,



(b) the identification number of the person) if the entity has allocated,



(c)) the legal form of the entity,



(d)) business or other activities, or the purpose for which it was

established,



e) balance sheet date (section 19 (1)) or another moment to which the

statements drawn up (article 19 (3)),



(f) the preparation of financial statements),



and it must be connected to signing record statutory body

units pursuant to § 1 (1). 2 (a). a) to (c)), signing the record book

units pursuant to § 1 (1). 2 (a). d) to (h)) or signing a record people

laid down in Section 4a of the entity pursuant to § 1 (1). 2 (a). I) to (l));

connection referred to the signing of the record is considered to be financial statements

drawn up in accordance with subparagraph (f)). If the date of registration of the transformation business

in the commercial register of the Corporation the same as the reference date, in the company being acquired

the entity signing the record referred to in the previous sentence means the

signing the record of the person who performed the function of the Board to

balance sheet date, unless the highest authority of the entity otherwise.



(3) the accounting unit compiled financial statements in full or Lite

the range. Unless otherwise provided in this Act, in a simplified range can

to prepare the financial statements of the business units that are not required to have a

financial statements certified by an auditor, except for joint stock companies,

for compiling the financial statements in their entirety.



§ 19



The balance sheet date



(1) the accounting unit compiled financial statements at the balance sheet date on which the

is the day when closed the books. The annual financial statements drawn up

the accounting unit on the last day of the accounting period and in the other

cases compiled by the extraordinary financial statements. The balance sheet as a starting

compiled by the business units in the cases referred to in § 17 paragraph 2. 1 with

the exception to the first day of the accounting period.



(2) the entity shall disclose in the financial statements of the information

According to the State at the end of the balance sheet date; This applies mutatis mutandis for all

the accounting records, which are compiled by the balance sheet date or to another

the time to which it draws up financial statements.



(3) in cases where the required specific legislation, accounting

units draw up financial statements during the accounting period as well as to another

the time before the end of the balance sheet date (hereinafter referred to as "interim financial

Shutter "). In the cases of compiling interim financial statements financial

units do not close the books and perform an inventory only for

the purpose of the representation of the award according to § 25 para. 3; the other provisions of this

the law relating to the financial statements shall apply mutatis mutandis. The obligation to use

the provisions of § 25 para. 3 and other provisions concerning the use of

accounting methods to the balance sheet date, when drawing up the interim financial

accounts of the selected entity does not apply. Of the entity in accordance with

§ 1 (1). 2 (a). a), b) and d) to (h)), which are the recipients of funds from the

the State budget or the budgets of territorial self-governing units and are

required to these resources deal under a special legal

^ 11 d) Regulation, and apply marketing year pursuant to § 3 (2). 2 and 3,

be drawn up to 31. December calendar year, interim financial statements,

at which the provisions of § 24 para. 2 (a). (b)) and § 24 para. 6

(a). (b)).



(4) the accounting unit compiled the balance sheet so that the opening balances of the accounts,

that includes the balance sheet, (hereinafter referred to as "balance sheet accounts"), which opens up

accounting period, the final balances for balance sheet accounts, which

the immediately preceding period has concluded; This provision also applies

for off-balance sheet accounts.



(5) For the period beginning at the end of the balance sheet date and ending at the moment

financial statements are required to include the business units in annex v

the financial statements also information about



and) facts that provide additional information about the conditions or

situations that existed at the end of the balance sheet date,



(b)) the facts that as uncertain conditions or situation existed for

the end of the balance sheet date,

and whose effects significantly changes the view of the financial situation of the

the accounting unit.



(6) the information in the financial statements must be reliable, comparable,

to understand and assess in terms of significance. The information is

considered reliable if it meets the requirement of § 7 para. 1, and if the

complete and timely. Information is timely if it is obtained at the right time from the

in terms of its relevance and the cost of getting it, if these costs

do not exceed the benefits derived from this information. Information is comparable,

If it meets the requirements set out in § 7 para. 3-5. The information is

considered significant (severe) if its omission or

the erroneous entry could affect the judgment or decision of a person who this

the information used (hereinafter referred to as "user"); in the business units pursuant to § 1

paragraph. 2 (a). (c)) and territorial self-governing units, which are the recipients of

funds from the State budget or with managed, and are required to

These resources deal under a special legal regulation, ^ 11 d)

considers it important whether or not information about the valuation of intangible assets in the

of over 60 000 Eur and in the separate movable property or movables file

things in the amount of over $ 40,000. The information is understandable, if it meets the

the requirements set out in § 8 para. 5.



(7) for the purposes of this Act, the assets and liabilities be divided into long-term and

short term. Long term means such assets and liabilities, where time

usability, or agreed maturity upon the occurrence of an accounting

the case is longer than 1 year, other assets and liabilities are treated as

for the short term. Having regard to the nature of the assets and liabilities

objectively, you cannot use these aspects to the subdivision, is crucial to the intention of the

the entity manifested in their acquisition.



(8) in cases where required by law, the business unit


to provide accounting records carrying information organized by industry

(species) of the activity or by geographical areas in which they operate

its activities.



(9) except in the cases referred to in paragraphs 1 and 3, no other accounting record must not

to be called names by section 18 para. 1.



(10) the financial statements does not collect or require information

carried out on the basis of specific legislation. ^ 12)



§ 19a



The use of international accounting standards for the recognition and Assembly

of the financial statements



(1) an entity that is a company, and issuer

securities admitted to trading in a regulated European market ^ 36),

used for the financial statements the accounting and international accounting

the modified law of European Union standards ^ 35) (hereinafter referred to as "the international

accounting standards ").



(2) if there was an adoption of the securities issued by the company

referred to in paragraph 1 to trading on a regulated European market to another

the day before the first day of the accounting period, an entity which has not yet

does not use international accounting standards will no longer use them

Since the beginning of the accounting period in which the admission of a security to such a

trading was made or since the beginning of the accounting period following the

the accounting period in which the securities were such trading

accepted.



(3) if the securities issued by the entity referred to in paragraph 1 no longer

are not traded on any of the European regulated markets and

to be traded to another date than on the last day of the accounting

period, the entity shall decide on the application of international accounting

standards until the end of the accounting period in which the securities are no longer

as follows are traded, or will decide to terminate their use to the last

day of the accounting period preceding the accounting period in which the valuable

papers ceased to be traded this way.



(4) the procedure referred to in paragraphs 2 and 3 shall apply, if not directly

the applicable legislation of the European Union or a special legal regulation.



(5) If securities issued by an entity referred to in paragraph 1 no longer

are not traded on any of the European regulated markets and the highest

authority of the entity decides in the end of the accounting period in which the valuable

papers ceased to be traded as follows, of the intention to apply for a maximum of three

years from the time when securities are no longer be traded, about

adoption of the new securities to trading on a regulated European

the market established in the Member State of the European Union, an entity may

decide on the application of international accounting standards to the end

of the accounting period in which the acceptance of this paper to

trading.



(6) If no later than on the last day of the accounting period in which the ends

a three-year period referred to in paragraph 5, the entity asks for the adoption of

of securities to trading on a regulated European market, may

extend the use of international accounting standards, one more

accounting period. If in this accounting period to the admission of a security to

such trading does not, does not use an entity from

following the accounting period for the accounting and financial statements

the international accounting standards.



(7) If it can be assumed that the balance sheet date, the entity will be

referred to in § 22 para. 3 (b). a) or b) is required to submit to the Assembly

consolidated accounts using international accounting

standards, may decide on the use of international accounting standards

for posting and build your financial statements to that balance sheet

the date. Decision on the application of international accounting standards for posting

and the preparation of financial statements and determine the accounting period from which

international accounting standards will be used, subject to the approval

the highest body of the accounting unit.



(8) If it can be assumed that the balance sheet date, the entity will be

referred to in § 22 para. 2 to prepare consolidated financial statements for the

the application of international accounting standards, may decide to use

international accounting standards for the recognition and build your book

statements to that balance sheet date. The decision on the application of international

accounting standards for the preparation of financial statements and accounting and determination

the accounting period from which the international accounting standards

used, subject to the approval of the supreme body of the accounting unit.



(9) If an entity makes use of the option referred to in paragraphs 7 or 8, and the

changing the original premise, and even during the financial year,

an entity shall not apply for the accounting and financial statements

international accounting standards from the beginning of the accounting period in which the

a change to the original assumption, or from the beginning of the accounting

the period that was established by a decision of the supreme body of the accounting

drive, or from the next financial year. However, if the first

the date of the next accounting period, the reasons for other uses

international accounting standards referred to in paragraphs 1 to 8, it's the

the accounting unit for the accounting and financial statements of the international

accounting standards in accordance with the provisions of those paragraphs.



section 20



Verification of the financial statements by the auditor



(1) where this Act provides otherwise, regular or extraordinary financial

accounts are required to have been validated by an auditor of these business units



joint-stock company), if at the end of the balance sheet date of the accounting period

for which the financial statements (section 18 (3)) tests and the accounting period

immediately preceding, or have already achieved at least

one of the three criteria indicated above:



1. assets total more than $ 40 0000 0000; total assets for the purposes of

This Act means the sum of the observed from the balance sheet valuation of unedited on

pursuant to section 26 paragraph 1 item. 3,



2. the total annual net turnover of more than 80 0000 0000 CZK; an annual sum of

net turnover for the purposes of this Act, the amount of revenue reduced by the

Sales discounts and single number of initiated months that it took to

accounting period and multiplied by twelve,



3. the average number of employees during the financial year more

than 50, determined in the manner prescribed on the basis of specific legal

prescription, ^ 12)



(b)) other business corporation, if at the end of the balance sheet date of the accounting

the period for which financial statements (section 18 (3)), and authenticates the accounting

the period immediately preceding, or have already achieved

at least two of the three criteria referred to in point (a)) points 1 to 3; in

the case of a cooperative to an employee referred to in subparagraph a) point 3 shall mean (i)

a working relationship of the Member to the cooperative,



(c)) of the entity in accordance with § 1 (1). 2 (a). (b)) that are entrepreneurs,

and under the conditions referred to in subparagraph (b)),



(d)) business units pursuant to § 1 (1). 2 (a). d) to (h)), and l), under the conditions

referred to in subparagraph (b)),



e) business units pursuant to § 1 (1). 2 (a). I), under the conditions referred to in subparagraph

a) and



(f)), which the business unit this obligation lays down specific legal

prescription.



(2) the entity referred to in paragraph 1 are not required to have an auditor

certified financial statements



and assembled in the course of bankruptcy), for a period of 24-consecutive

36 consecutive calendar months, commencing on the first day of the calendar

month following the date on which the Declaration of bankruptcy, the effects have occurred,

If the auditor decides about its validation Committee of the creditor,



(b)) built on the day preceding the date on which you are experiencing the effects of

approval of the reorganization plan, if its verification auditor

unless otherwise decided by the creditors ' Committee,



(c)) if there is a cancellation of bankruptcy because of the debtor's assets is for

satisfaction of the creditors is totally inadequate,



d) if provided for by a special legal regulation.



section 21



Annual report



(1) the entity referred to in section 20 (2). 1 (b). a) to (d)) are required to

draw up an annual report, the purpose of which is for a coherent, balanced and

comprehensively informed about the development of their performance, activities and existing

economic standing. The annual report is not made out in the cases

referred to in section 20 (2). 2.



(2) the annual report must in addition to the information necessary to fulfill the purpose

the annual reports also contain a minimum of financial and non-financial information



and about facts) have occurred after the balance sheet date and are significant

to fulfill the purpose of the annual report referred to in paragraph 1,



(b) on the foreseeable development of the activities) of the entity



(c)) on activities in research and development,



(d)) on activities in areas of environmental protection and

labor relations,



e) about whether the entity has business in the organizational unit

abroad,



f) required by the specific legislation. ^ 13a)



(3) if it is relevant for the assessment of assets and other assets, Payables and

other liabilities, financial position and profit or loss of the business unit

an entity that uses investment instruments, ^ 4) or

other similar assets and liabilities in the annual report, to provide information on the




objectives and methods) and the risk management of the company, including its

policy to ensure all major types of scheduled transactions

hedging derivatives applied, and



(b)) price, credit and liquidity risks and risks related to

cash flow, which is an entity is exposed.



(4) the annual report also contains the financial statements referred to in section 18, 19a, 22 and

23A and Auditor's report, and other documents and information referred to in

special legislation. ^ 13b)



(5) the entity referred to in section 20 (2). 1 (b). (e)) shall be the annual

report or similar document, unless this obligation provides for specific

legislation. ^ 14)



(6) for the verification of the annual report by the Auditor, the provisions of § 20

by analogy; the subject of the verification of the annual report for consistency with the financial statements.



§ 21a



Methods of disclosure



(1) from the business units pursuant to § 1 (1). 2 are required to the financial statements and

the annual report, if required by its copy of this law or special

legislation, to publish those that are entered in the commercial

Register, or those to whom this obligation provides for a specific legal

prescription. ^ 14) the entity shall publish the financial statements to the extent

them were drawn up (article 18, paragraph 3). The obligations of the business units

for publication or public disclosure of other information provided for in the specific

^ law 15) are not affected. The provisions on accounting records

under this Act may be applied mutatis mutandis in such cases.



(2) the entity referred to in section 20, shall be published in the annual financial statements and

message verification by the auditor and after approval by

authority under specific legislation, ^ 16) and it's within 30 days

from compliance with both those conditions, if specific legislation

does not provide for a different period, but not later than the end of the immediately

following the accounting period, regardless of whether the financial

the records referred to in a manner approved.



(3) the business units are required to publish a report of the auditor and

information about the fact that the accounting records have not been published or

approved in the manner specified in paragraph 2.



(4) business unit, which shall be entered in the commercial register,

published financial statements and annual report, putting them in a collection

the instruments of the commercial register under a special legal regulation, ^ 17)

in doing so, the financial statements may be stored as part of the annual report.

The business units under special legislation shall transmit to the

the Czech National Bank's annual report, the annual financial statements and the

the message to a collection of documents of the commercial register through the United

the National Bank. The obligation of publication of those accounting records according to the

This Act complied with the accounting unit at the moment of their transfer

rejstříkovému of the Court; in the cases referred to in the second sentence by passing the United

the National Bank.



(5) the Organizational units of the State published financial statements through

the Ministry in a way allowing remote access; the provisions of the

special legislation on the handling of classified and other

similar information are not affected. Disclosure of the accounting

statements for the Czech Republic is carried out similarly.



(6) business units that have a duty of verification pursuant to section 20, shall not

disclose information which was not previously audited, in a way,

that could mislead users that have an auditor.



(7) the obligation of disclosure under this provision applies to all

information of the financial statements and annual reports with the exception of those which are

covered by the obligation of confidentiality under special legislation. ^ 18)



(8) the provisions of paragraphs 1 to 7 shall apply to the consolidated accounts

and the annual report.



section 22



the title of the paid



(1) consolidated accounts shall mean the financial statements prepared and

modified methods of consolidation. Unless otherwise further provisions

This law relating to the financial statements shall also apply to

consolidated financial statements; the consolidated financial statements is

verified by an auditor.



(2) the obligation to draw up consolidated accounts has, under the conditions

provided for in this law and its implementing legislation, accounting

the unit, which is a company, and is the controlling person ^ 20), with

the exception of the persons that perform common influence according to the

paragraph 4 (hereinafter referred to as "the consolidating accounting unit").



(3) the obligation to submit the consolidated financial statements has, for

conditions laid down by this law and its implementing legislation,

person, regardless of its registered office, if the



and) controlled person ^ 20), with the exception of subsidiaries, in which the

practiced the common effect in accordance with paragraph 4 (hereinafter referred to as "consolidated

an entity "),



(b)) in that the consolidating or consolidated unit

performs common effect (hereinafter referred to as "an entity under a common

the influence of "), or



(c)) in that the consolidating accounting unit has significant

(hereinafter referred to as "an entity attached").



(4) the common influence of for the purposes of preparing the consolidated financial

shutter means such influence, when the person in the consolidation together with the

one or more persons not included in the consolidated Group control

another person, with the person exercising a common effect separately

exercises a determining influence on the other person.



(5) significant influence means a significant influence over the management or

the operation of the undertaking under special legislation, which is not

decisive ^ 20) or joint; It is not to the contrary, it is considered

significant influence the disposition of at least 20% of the voting rights.



(6) the resulting form the business units referred to in paragraphs 2 and 3

(a). a), and under the conditions laid down in section 22a and the implementing legislation

regulations.



(7) the consolidated accounts must be drawn up so that it served

true and fair view of the accounting books and financial situation

the consolidated Group, the business units under the joint influence of and

the business units affiliates.



§ 22a



(1) the consolidating accounting unit is not required to build a consolidated

financial statements, if at the end of the balance sheet date of the accounting period for which

the consolidated accounts are drawn up, the consolidating accounting

Unit and consolidated units together, on the basis of their

the last ordinary financial statements, failed to meet at least two of these

criteria:



a) total assets of more than 350 0000 0000 CZK; total assets for the

the purposes of this Act, the sum of the observed from the balance sheet valuation

unmodified items pursuant to section 26 paragraph 1. 3,



(b)) and total annual net turnover of more than € 700 0000 0000; annual

the sum of the net turnover for the purposes of this Act, the amount of revenue

less sales discounts, divided by the number of months that the initiated

It took an accounting period and multiplied by twelve,



(c) the average recalculated number of employees), including the work

the relationship of a member to the team, determined in the manner prescribed on the basis of

a special legal regulation, is during the accounting period, more than

250.



(2) the provisions of paragraph 1 shall not apply to the business units that are

banks or insurance or reinsurance activities referred to in

other legislation, or by the issuer of securities admitted

to trading on a regulated European market.



(3) the consolidating accounting unit is not required to build a consolidated

financial statements, if to give a true and fair view of the subject

accounting and the financial situation of the consolidated accounting shall suffice

statements of the consolidating accounting unit, because of the consolidating accounting

the unit controls the only consolidated entities which are

individually and in the aggregate to be insignificant.



§ 22aa



paid



section 22b



(1) the consolidating accounting unit is required to disclose in a timely manner by the

the units set out in § 22 para. 3 that will be consolidated. At the same time they

shall notify the information on the definition of the consolidated Group and determines that the accounting

records and other documents are required to these business units

provide the consolidating accounting unit for the preparation of the consolidated

of the financial statements.



(2) the consolidating accounting unit is required to prepare consolidated

annual report. Obligations pursuant to § 22 para. 2 and 3, referred to in paragraph 1

shall apply mutatis mutandis in connection with the obligation to draw up consolidated

the annual report and to ensure its verification by the auditor; the subject of the verification is

the consistency of the consolidated annual report with the consolidated accounts.

Consolidated annual report means the annual report, which contains

information about consolidation, business units under a common

the influence of the business units and affiliates. If the content of the

the consolidated annual report and all information about the consolidating accounting

the unit, which must include the annual report, this may not

the consolidating accounting unit, in consideration of the annual report. Unless otherwise provided in

otherwise, the further provisions of this Act relating to annual reports, are


apply for the consolidated annual report.



Article 23 of the



(1) the consolidating accounting unit is required for the Assembly

the consolidated financial statements use the methods



and full consolidation)



(b)), or the proportionate consolidation



c) consolidation of equivalences (the consideration).



(2) consolidated accounts shall be drawn up at the end of the balance sheet date

the consolidating accounting unit.



(3) the accounts of the consolidating accounting unit and its consolidated

business units and business units under a common influence used for

consolidated financial statements are drawn up by these business units in the

principle, at the same time. If the balance-sheet date is preceded by the last financial

some of the accounts of the consolidated business units and business units

under the joint influence of more than 3 months of the balance sheet date in accordance with paragraph

2, this consolidated unit included in the consolidation

of the whole on the basis of the accounts of her built using the provisions of § 19

paragraph. 3 at the end of the balance sheet date of the consolidating accounting unit. In

the case of the business units that operate the insurance or

ensure in accordance with special legislation, that period may be

up to 6 months.



(4) the length of the accounting period to consolidate the financial statements must be

the same. If during the accounting period changes in the definition of

the business units that have an obligation to submit to the Assembly

the consolidated financial statements in accordance with § 22 para. 3, this shall be

information is provided in the notes to the consolidated financial statements.



§ 23a



The use of international accounting standards in the consolidation



(1) the consolidating accounting unit which is the issuer of the securities

admitted to trading on a regulated European market with its headquarters in

Member State of the European Union, be used for the preparation of the consolidated

financial statements of international accounting standards.



(2) the consolidating accounting unit not listed in paragraph 1 may, for the

consolidated financial statements use the international accounting

standards.



Section 23b



the title of the paid



(1) The preparation of financial statements for the Czech Republic, the provisions of §

22 to 22b, § 23 para. 1 to 4 and § 23a do not apply.



(2) for the Czech Republic shall be compiled annual statements to the last

day of the calendar year as follows:



and) a summary statement of assets and liabilities of the State



(b)) a summary statement of the cost and revenue of the State,



(c)) the cash flow statement,



(d)), annex.



(3) to the financial statements for the Czech Republic and to the financial statements for the partial

consolidated State signing record must be attached

the statutory body of the accounting unit that these financial statements

compiled by.



(4) the business units that are included in the consolidated Group and sub

consolidation units of the State are required to provide their financial statements

and all other documents required for the preparation of financial statements for the

The Czech Republic and the partial consolidation of financial statements for all of the State

the entity that prepares these financial statements.



(5) the conditions for the way the preparation of the annual financial statements and the interim

financial statements for the Czech Republic, in particular the definition of the consolidation

a whole and partial consolidation units of the State, the establishment of rules

consolidation, including rules for the transfer of accounting records in the technical

the form and method and extent of the use of the methods of consolidation and determine

the derogations laid down detailed legislation.



PART FOUR



Valuation methods



section 24



(1) the business units are required to appreciate the methods of assets and liabilities

According to the provisions of this Act.



(2) the entity's assets and liabilities valued



and at the time) the accounting case ways according to § 25,



(b)) to the end of the balance sheet date or to another point in time to which the

the accounts are drawn up, pursuant to section 27 of the methods; This award is also required to

record in the books,



(hereinafter referred to as "Instant Awards"). The provisions of this Act on valuation

assets and liabilities shall apply mutatis mutandis to the valuation of other assets and

liabilities.



(3) in the acquisition of more than one ingredient of the asset transfer or gradient,

If you cannot appreciate the individual assets according to § 25, appreciate

the entity the individual folder property



and while the acquisition of undertaking) or its parts, forming a separate organization

folder, even when the conversion of business corporations with the exception of changes to the legal

forms of



1. valuation of the individual components of assets kept in the accounting

the drive from which the business was transferred or passed, or



2. the valuation of the individual components of the asset according to a special legal

prescription,



(b)) in other cases the proportional breakdown of the total cost

or the reproduction purchase price.



(4) when the acquisition of movable property with separate file

technical-economic by specifying that serve a single purpose or

other files stipulated by the implementing regulation, shall be valued

the file as a whole.



(5) the method of valuation provided for in paragraphs 3 and 4 shall adjust the

the implementing legislation, including the possibility of using the method of valuation

in accordance with paragraph 3 (b). and in the case of point 1) cross-border conversion, deposit

or sale of the company.



(6) the assets and liabilities expressed in foreign currency shall be converted, the accounting

drive to the Czech currency using the exchange rate published by the Czech foreign exchange market

the National Bank, to the time of valuation



and, pursuant to paragraph 2 (e)). a), or



(b) pursuant to paragraph 2 (e)). (b)), and only the assets and liabilities referred to in §

4 (4). 12.

In the case of a purchase or sale of foreign currency for the Czech currency can be, at the time

Awards use the course for which these values have been purchased or

sold.



(7) for the purposes referred to in paragraph 2 (a) awards. and), an entity may

use for conversion of foreign currencies to the Czech currency, hard course, which

means the course set by an internal regulation of the accounting unit on the basis of

the foreign exchange market rate declared by the Czech National Bank, used

the accounting unit for a predetermined period of time. Fixed time shall not

exceed the period. As the foreign exchange market rate, on the basis of

the hard course provides an entity applies the foreign exchange market rate

announced by the Czech National Bank on the first day of the period for which it is

the hard course in use. When using a fixed exchange rate, an entity may

This course change its internal regulation and within the stipulated time; in

cases, the announcement of the devaluation and revaluation of the Czech Crown must be hard

the course changed always.



(8) the provisions of paragraph 7 shall not apply to the business units to

exercise of the activity they need under special legislation Bank

license ^ 20a) to allow for the performance of the activities of the investment firm's

papers, ^ 20b) enabling the emergence of investment companies or

Investment Fund, ^ 20 c) the authorisation to the formation and activities of the pension

Fund ^ 20 d), authorised pension company ^ 36 l)

to act as a Credit Union, ^ 20e) permit to operate

insurance or reinsurance activities, ^ 20f) authorization to perform

comprehensive health insurance. ^ 20 g) Furthermore, the provisions of paragraph 7

does not apply to the Czech National Bank, the Czech Office ^ 20 h)

insurers ^ 20j) and general health insurer United

Republic. ^ 20 k)



(9) in the case of foreign currency, in which issues regarding the foreign exchange market rate

daily, an entity applies for the conversion



and) course of the interbank market for this currency to USD or EUR, and course

the foreign exchange market announced by the Czech National Bank for USD or EUR to

the same day, or



(b)) the last known rate published or announced by the Czech National Bank;

This procedure shall not apply to an entity that does not apply

the provisions of paragraph 7.



§ 25



(1) of the different components of assets and liabilities are valued



and in addition to the tangible property inventory), with the exception of tangible fixed assets developed

own activities at acquisition cost,



(b) tangible fixed assets except inventories) created by own activities with your own

costs,



c) stocks, with the exception of the inventory created by own activities at

prices,



(d) the inventory created by own activities) cost,



(e) cash and cash equivalents) of their nominal values,



f) shares, securities and derivatives at acquisition cost,



(g)) in the formation of the nominal value of the claim; When acquiring in return for payment or

injection ^ 21) the purchase price; obligations of the nominal value,



h) intangible assets in addition to the claims, with the exception of intangible assets

created by own activities at acquisition cost,



I) intangible assets in addition to receivables created by own activities

cost,



j) příchovky animals cost,



k) cultural relics, the Museum's collections of objects of cultural value in character, and

Church buildings, if not known, their purchase price in the amount of CZK 1,



l) assets in the cases not acquisition, with the exception of the assets

referred to in subparagraph (e)), or property in cases where the custom

the cost of creating your own activities could not be determined, and the other

property that is not listed in points) to purchase)

the price.



(2) other assets and other liabilities, which accounted for the selected business unit


accounting entries in the books of the off-balance sheet accounts, in the case of

the fact that the entity be accounted for in the context of the future

addition or loss of property or other assets, commitment or other

liabilities, which may occur on the basis of the conditions laid down or

conditions, the estimated amount of the award is valued by this folder property or

another asset or liability or other liabilities.



(3) in the valuation of the business unit at the end of the balance sheet date include only

the gains that have been achieved, and take into account all foreseeable

risks and possible losses that relate to assets and liabilities and

known in the time of preparation of the financial statements, as well as any reduction

values, regardless of whether it is the result of the management of the accounting period

the gain or loss.



(4) for the same kind of stocks and securities are valued according to the

paragraph 1 the price resulting from the valuation of their

withdrawals that determined the weighted arithmetic average or way,

first prize for the valuation of asset growth is used as the first prize for

the valuation of the loss of the asset.



(5) for the purposes of this Act, means the



and) the purchase price the price at which the asset is acquired and the costs with

related to the acquisition,



b) replacement cost price at which assets would be taken

at a time when it was posted,



(c) the cost of inventories) created by own activities direct cost

incurred in the production or other activities, or even part of the indirect

the costs related to the production or to other activities,



(d)) at the cost of tangible fixed assets except stocks and intangible

assets in addition to receivables created by own activities direct cost

incurred in the production or another activity, and indirect costs, which are

refer to the production or other activities defined in accordance with the accounting

methods.



(6) in the case of property referred to in paragraph 1 (b). l) reproduction

the acquisition price shall not apply in the case of the transfer of jurisdiction to the changes

the management of the property of the State or the custody of property management by

the law governing the budgetary rules of territorial self-governing units,

borrowing or not transfer or gradient property of the selected

accounting units; in these cases, the entity when the awards

the property follows the amount of valuation in accounting units, which

This property last charged.



section 26



(1) If an inventory of stocks find that their sales price

reduced by the costs associated with the sale is lower than the price used for

their valuation, stocks are valued in the accounts and the financial

statements by the lower price.



(2) if it finds that the inventory value is greater,

or even less than the amount in the accounts, the commitment in the

accounting and the financial statements in this latter awards.



(3) the provisions of the valuation according to § 25 para. 3 express reserve

provisions and the depreciation of the asset. Reserve assets under this Act shall

means a reserve for risks and losses, the provision for income taxes, provision for

pensions and similar obligations, provision for restructuring. Reserves

Furthermore, means the technical provisions or other reserves under special

legislation. Goodwill is expressed by a transient decrease

the values of the property; depreciation of assets reflect the permanent reduction of its values.



(4) the business units that are not based or established for the purpose of

business, shall apply the provisions of paragraphs 1 to 3, in accordance with the accounting

methods.



section 27 of the



(1) of the different components of assets and liabilities at the time of the award pursuant to section

24 paragraph 2. 2 (a). (b)), the fair value of the appreciated



and) securities, with the exception of securities held to maturity,

bonds acquired in primary emissions not intended by the entity to

trading, securities representing participation in the controlled entity or

in a person with substantial influence, and securities issued by the accounting

the unit,



b) derivatives,



(c)) financial investments, with the exception of bonds held to maturity,

the issuer is a Member State of the Organisation for economic cooperation

and development and whose trial was at least two internationally recognised

credit rating agencies, determined at the level of the Czech Republic or higher,

If this is not about financial investments relating to commitments of a life

insurance, if investment risk the policy holder, and technical

provisions for the business units that operate the insurance or

ensure by specific legislation, in addition to the public

health insurance ^ 22a),



d) assets and liabilities in cases where fair value stores

a special law, ^ 23) this does not apply in the cases referred to in

paragraph 3,



e) part of the assets and liabilities hedged derivatives,



(f)), the claims which the entity acquired and designated for trading,



g) commitments to return securities of the entity and to reflag

the time of valuation is gained back,



(h)) for the selected business unit assets intended for sale, with the exception

stocks.



(2) the assets referred to in paragraph 1 (b). a) to (h)), you can appreciate the real

the value of even more frequently than the point referred to in paragraph 1.



(3) if the law of transformation companies and cooperatives stores

the obligation to award the assets in the transformation of a business corporation, the

assets and liabilities at fair value in the cases provided for in the implementing

legal regulation; the implementing legislation provides for even a moment of posting

about fair value measurements.



(4) for the purposes of this act as the real value of it



and market value),



(b)) valuation or by an expert opinion, if not the market

available or does not sufficiently represent the fair value;

the valuation method used to estimate the qualified or expert opinion

must ensure a reasonable approach to market value,



(c)) provided for under the special pricing legislation, where

follow the letters and) and (b)).



(5) market value shall mean the value that is declared on the European

a regulated market or on the foreign market, similar to a regulated market.

The accounting unit for the valuation under this Act, it's the market

a value that is declared at the time not later than the moment

Awards [section 24, paragraph 2 (b))], and the most recent time

Awards. If the asset is conducted on a regulated market shall mean a market

the value of the final price for a regulated market in a working day,

to which the award is made. In the event that the assets are not admitted to

trading on a regulated market and is admitted to trading on a

Foreign regulated market or the foreign market similar

regulated market shall mean a market value is the highest price from the

the final price, which was reached on foreign controlled

markets, or on foreign markets similar to the regulated market in

working day on which the award is made.



(6) in cases where the fair value shall apply the provisions of § 25

paragraph. 3 reasonably and valuation differences from the book

units billed in accordance with the accounting methods.



(7) if it is not objectively possible to determine the fair value, it is considered

the value of the valuation methods in accordance with § 25. Ways according to § 25 shall be valued and

assets and liabilities not listed in paragraph 1, unless otherwise specified.

Bonds and other fixed-income securities, which are covered by

the provisions of paragraph 1, shall be valued at the end of the balance sheet date or to another

the time to which it draws up financial statements, cost

increased or reduced to reflect interest income or expense; includes a

the valuation of the claims referred to income or costs may be increased or

reduced in the same way. Share, which represents a participation in the controlled

person or in the person with substantial influence, can be appreciated using the equity method

(consideration); If an entity applies the method of valuation, it is

required to be used for the valuation of all such shares.



section 28



(1) business units that have a proprietary or other right to the property,

or that manages state assets or with the property of the territorial

authorities, unless otherwise stipulated, they charge about him and

depreciated in accordance with the accounting methods. In the case of the Treaty on

loan ^ 24) for a security transfer of right ^ 25) or in

cases where the right of ownership to movable things shall be acquired pursuant

expression of will in any other way than by taking things ^ 26) as well as in other

the cases provided for by specific legislation or implementing

the legislation on property charge and amortized to accounting units

that use it. Assets or a part thereof, as defined by specific

legislation or implementing legislation is not depreciable.



(2) the assets referred to in paragraph 1, the accounting unit depreciated that it

for valuable consideration or free of charge, provides to another person to use, in particular, on the

under a contract of lease or loan; the provisions of paragraph 1

relating to the contract of loan are not affected.



(3) the property referred to in paragraph 1, the accounting unit depreciated that it


provides to another person for use on the basis of the contract of financial leasing,

for the purposes of this Act, means the provision of property for consideration

to use, if the user is authorized or obligated in the course

use or after its termination to acquire ownership of the appliance

asset.



(4) the assets referred to in paragraph 1 the lessee depreciates its tangible only if it is

entitled to charge on this asset and depreciate it based on the Treaty on the

the hiring of an undertaking or of part of it.



(5) an entity that the assets referred to in paragraph 1 for consideration or

free of charge and performs on this asset technical appraisal on

your account, accounts for this technical evaluation and depreciated it in

accordance with the accounting methods.



(6) the entity referred to in paragraph 1 shall be required to draw up

the depreciation profile on whose basis shall carry out depreciation of assets over

its use. The said assets are depreciated to the extent of his awards in the

accounting.



PART FIVE



Inventory of assets and liabilities



section 29



(1) an entity's inventories are finding the actual status of all

of assets and liabilities and verify that the actual condition of the detected status

assets and liabilities in the accounts and are not reasons for posting on the

items under § 25 para. 3. to carry out the inventory of a business unit

the time to which the compiled financial statements as regular or

extraordinary (hereinafter referred to as "periodic inventory"). In the cases referred

in paragraph 2, the entity may carry out an inventory of and in the course of

accounting period (hereinafter referred to as "interim"). The provisions on the

the implementation of inventories under special legislation ^ 27) are not

This prejudice.



(2) the Continuous inventory of the business unit may only be carried out by the

the stock, which accounted for according to the species or the places they are stored or

materially responsible persons, and in the tangible movable

assets due to the function, which fills in the business unit, is in

continuous movement and does not have a permanent position, where it belongs. The term of this

the inventory shall be determined by the entity itself. Each type of inventory and

of tangible property must be the following inventoried at least once

for the accounting period.



(3) the business units are required to prove the inventory for

all assets and liabilities over a period of 5 years after its implementation.



(4) the requirements for the Organization and the way the inventory

for the selected business unit, including the detailed conditions inventory

items, other assets and other liabilities shall adopt detailed legislation.



section 30



(1) the entity find in real assets and inventory

liabilities and recorded in counting inventory. These States

find



and) physical inventory for assets for which can be visually to determine its

the existence of, or



(b)) the book inventory for liabilities and assets that cannot be visually

discover its existence, including other assets, other liabilities and

the facts posted in the book off-balance sheet accounts.



(2) the accounting unit in advance so that the inventory shall be carried out one

or more inventories and verify that the actual condition of the detected status

in the accounts.



(3) the units can detect when the actual state of physical inventory

asset counting, measuring, weighing and other similar ways

Alternatively, they may use the accounting records that prove its existence.



(4) when the periodic inventory of the business unit in the detection may

the actual state to lay down the date on which the actual status, detect and

preceding balance sheet date (the "effective date"), and may

complete survey of the actual State according to the accounting records which

showing additions and disposals of assets and liabilities that occurred between

that date and the balance sheet date.



(5) for the ongoing inventory, paragraph 4 shall apply mutatis mutandis.



(6) the business units when the periodic inventory



and can start counting at the earliest) four months before the balance sheet date,



(b) at the latest count) to shut down for two months after the balance sheet date.



(7) the Inventory inventories are supporting accounting records must

contain



and the facts referred to in paragraph 1), so that could be detected by the

assets and liabilities also conclusively determine



(b)) the person responsible for signing the record facts according to the

(a)) and the person responsible for signing the record count,



(c)), the actual detection method



(d) valuation of assets and liabilities) when the periodic inventory on the balance sheet

the date or even the decisive day, if it is an entity established,



e) valuation of assets and liabilities at a running inventory on the day of their

inventory or even the decisive day, if it is an entity established,



(f)), which compiles financial statements,



(g)) the record date, if it is an entity established,



h) start and the moment of their inventory.



(8) for the ongoing inventory may be counting inventories according to the

paragraph 7 replaced by establishing an accounting record of a physical

inventory and billing inventarizačních differences.



(9) for the inventory of the cultural heritage, the collections of the Museum of the nature and

archaeological finds, the provisions of paragraphs 1 to 8 shall apply only in

the extent to which an entity is able to provide an inventory of the

This property, together with the implementation of specific obligations of the discovery

the actual state of the asset. The requirements on the provision and

How to perform an inventory of cultural monuments, Museum Collections

nature and archaeological findings, lays down implementing legislation.



(10) Inventarizačními differences means the difference between the actual status and

tally with the accounts that can be justified in the manner prescribed by this

by law, when



and the actual state) is less than the difference in the accounts and the status is known

as the shortage or deficit in cash and valuables, or



(b)) the real state is higher than the difference in the accounts and the status is known

as surplus.



(11) the Inventory differences be charged business units to the accounting

the period for which the inventory status of assets and liabilities.



(12) the provisions relating to the inventory of assets and liabilities shall be used

and for the inventory of other assets and other liabilities, including the fact

posted in book of the off-balance sheet accounts.



PART SIX



Storage of accounting records



section 31



(1) the business units are required to keep accounting records for the purpose of

accounting for the period specified in paragraph 2 or 3. Unless otherwise provided in

This law shall apply to handling specific legal

28. ^ regulations)



(2) the accounting records can, if in section 32 unless otherwise specified,



and) financial statements and annual report for a period of 10 years starting from the end of the

the accounting period to which they relate,



b) accounting documents, account books, inventories, counting depreciation profiles,

chart of accounts, reports over a period of 5 years starting from the end of the reporting

the period to which they relate,



(c)) the accounting records, which show the business unit accounting

(section 33), after a period of 5 years starting from the end of the accounting period to which the

concern.



(3) the obligations associated with the storing of accounting records, as well as

obligations pursuant to § 33 para. 3 moving in the business units referred to

in



and § 1, paragraph 1). 2 (a). ) to c) the legal successor of this accounting

drive, and if it is not, the liquidator or insolvency administrator or

another person under special legislation,



(b)) § 1 (1). 2 (a). d) to (h)) in the case of the death of the heir, if

things, rights or other assets belonging to the entity;

fall heritage or his part involving things, rights or other

the assets, which belong to the entity, the State, crossing the

those obligations on the State organizational unit, which

notify the State archives.



(4) in the cases not referred to in paragraph 3, is required to book

unit pursuant to § 1 (1). 2 (a). a) and (c)) and the Court of prior to their dissolution

unit pursuant to § 1 (1). 2 (a). (b)), d) to l) prior to termination of obligations

keep accounts to ensure the obligations associated with the storing of accounting

records and how to inform the public of proven

Archive.



§ 32



(1) If an entity's accounting records and for no other purpose than

referred to in § 31 para. 1, and in particular for the purposes of criminal proceedings,

measures against the legalization of proceeds of crime, administrative proceedings,

Code of civil procedure, tax management, selection of the records in the

discard control or outside of it, or for the purposes of social security,

public health insurance or for the purposes of copyright protection

rights, the Sub-Committee after the expiration of the periods of custody provided for in § 31 para. 2 on

so, in order to ensure the requirements of their use for

those purposes; in the case where the entity's accounting records shall be used to

these purposes, apply all the provisions of this Act relating to the

accounting records similarly.



(2) an entity may as the accounting records used in particular for payroll

notes, tax documents, or other documentation resulting from specific


legislation. The following documentation used shall meet the requirements

asked by the law on the accounting records. This documentation can

the accounting unit for the period specified in § 31 para. 2 depending on the

function in the management of the accounts, unless the case referred to in paragraph 1.



(3) If the warranty period or complaint procedure is longer than the period referred to in

§ 31 para. 2, store the entity documents and accounting records

After the amount of time that this time limit is running or the procedure takes; If

the accounting record refers to the unpaid debt or obligation nesplněnému

within the time limit under § 31 para. 2, kept by the accounting unit

a record to the end of the first reporting period following the accounting

the period in which the payment of the claim or to fulfill the commitment.



(4) Book analytical evidence of receivables and Payables, accounting documents and

other accounting documents which result from direct contact with foreign countries of the

periods prior to 1. in January 1949, and the financial statements relating to the transfer of

assets to other legal or natural persons carried out by the

special legislation 29) ^ ^, store the entity, until

the Ministry cannot in itself or at the request of the entity consent to

decommissioning of such documents.



the title of the paid



section 32a



paid



§ 32b



paid



section 32 c



paid



§ 32d



paid



section 32e



paid



PART SEVEN



Provisions common, transitional and final



§ 33



Accounting record



(1) the record referred to in section 4, paragraph 4. 10 must enable the keeping of accounts

under this Act. For the purposes of this Act, information that is contained in the

the accounting record, referred to as the contents of the accounting record; the specific method

record this information is referred to as a form of financial record.



(2) the accounting record may have a physical, technical or mixed form.

For the purposes of this Act shall be deemed to



and physical form of the accounting record) made on analogue carrier

ink, typewriter, printing or reprografickými techniques

or print output device computing, whose content is

for a physical person to read,



(b) the technical form of accounting record) made electronic, optical

or in any other way that is not covered under subparagraph (a)), which allows it

convert into the mold, in which its contents for a physical person to read,



(c)) mixed financial record in documentary form with or without

the information in the technical form for a physical person, illegible,

allows you to convert them into a form in which its contents for the physical

person to read.



(3) an entity may perform the conversion of the accounting record from one form

the other new forms. This transfer creates a new accounting record. In

that case is an entity required to ensure that the contents of the accounting

the record in a new form is identical to the content of a book entry on the original

the form. The fulfilment of that obligation is satisfied if the

the unit shall submit the accounting record in the original and the new form and content

It is the same. To fulfill this obligation, however, an entity may prove even

otherwise, that would not impact any of the people that with respect

record work. In the case of failure, evidence of the transfer of the accounting

no record of the persons with the converted record work,

accounting records that are not marked with skartačními characters for selection

or archiválii under a special legal regulation, ^ 28) does not require

presentation of a book entry in its original form, and the records in the original

the form does not apply to the provisions of section 31.



(4) the record in the form of technical or mixed, with skartačními characters

"And" or "in arising from the activities of the entity, must be in the format

that will guarantee its stability and enables subsequent readability for

natural person. If this condition cannot protect the entity,

Converts such accounting records to the documentary forms of the corresponding time

the settlement and the necessities of the original, and at the latest

prior to their inclusion in a selection of archival documents in the proceedings or discard

outside of it; Similarly, advances in the handling of accounts adopted by the

the accounting unit in the technical or mixed form, for accounting

records containing the acclaimed electronic signature including a conclusive

confirmation in paper form on the validity of the acclaimed electronic

the signature at the time of the adoption of the accounting record. An entity is required to

have accounting records, which illustrates the form of bookkeeping.



(5) an individual accounting record can be composed of several intermediate accounting

records. All provisions relating to accounting records under this Act shall

apply to each individual accounting record, including partial accounting

records and the accounting record produced by grouping them.



(6) on all forms of the accounting record, unless this Act expressly

provides otherwise, be treated the same way; the contents of all the books and their

the changes have the same consequences if they are made in the accounting records in

the form referred to in paragraph 2 (a). (b)), and (c)), such as in the form referred to in paragraph 2

(a). and).



(7) an entity's accounting records may result in the form in which it is

their content without further unreadable; in this case, they are required to

dispose of such resources, and equipment of the medium (§ 4 para. 10),

to make the transfer of accounting records in a form in which it is

their content for a physical person to read. For the purposes of verification of the accounting

accounts auditor (section 20), its publication (article 21a) and for the needs of

authorities pursuant to § 32 para. 1 are obliged to on-demand business unit

allow authorised persons to become familiar with the contents of their designated accounting

the records in the specified form. These obligations have business units during the period,

you are obliged to keep or retain the accounting records referred to.

The determination of these obligations on a contractual basis ^ 30) is not affected.



(8) in proceedings in matters relating to accounting or based on

the accounts can be used to evidence supporting accounting records (§ 33a)

meet the requirements of this Act.



(9) business units are required to ensure the protection of the accounting records and the

their content, the technical means of information and media

software before their misuse, damage, destruction,

unauthorized alteration, loss or theft.



§ 33a



Relevance of accounting record



(1) according to this law, applied the accounting record only considers the



and the accounting record whose) content is shown directly by comparing the

the fact that this record shows



(b)) the record whose contents are shown the contents of the other documentary

accounting records, or



(c)) the record relating exclusively to facts within one accounting

the unit, to which is appended a signing record a person authorized and

responsible according to paragraph 10.



(2) If an entity finds that the content of a book entry does not match the

the fact is required from this point considers this accounting

for the record is inconclusive, though meets the provisions of paragraph 1 (b). (b)), and (c)).



(3) Accounting for the transmission of the record must be signed by the original

signature or electronic signature recognised by a special

^ law 30a) or the like to compare the accounting record in

technical form. If an entry is not signed before passing to the

the transfer must be signed no later than at the time of its delivery to the

transmission.



(4) Signing the record means the accounting record whose content is

handwritten signature or electronic signature recognised by a special

^ law or similar 30a), applied the accounting record in the

technical form, which guarantees a conclusive and unambiguous genuineness. On

both forms of the signing of the record is seen as well, and both can be

used in cases where a signature is required. In cases of

relating exclusively the fact within one business unit may be

use as a handwritten signature or signature record guaranteed

electronic signature or the like, applied the accounting record in the technical

the form.



(5) the signing of the record means a Connectivity



and in the case of the accounting record) in documentary form it is signed

the original signature,



(b) in the case of the accounting record) in the technical form of the sign

recognized electronic signature under a special legal

prescription ^ 30a) or the like to compare the accounting record in the technical

the form,



(c) in the case of the accounting record) in a mixed form of his signature

the original signature on the documentary section, and at the same time in parts of the financial

record in the technical form containing digital data of their sign

recognized electronic signature under a special legal

prescription ^ 30a) or the like to compare the accounting record in the technical

the form.



(6) the connection of the signing of the record of the technical or

the connection of the signing of the record on mixed forms in the parts containing

technical forms, must meet the requirements for signing a record by

of paragraph 4.



(7) Accounting record in documentary form signed original signature


the issuer, that matches the pattern given by the book signing

the unit shall be considered as conclusive in accordance with paragraph 1 (b). (c))

whether it concerns exclusively the fact within one business unit.



(8) financial Identification record is a record that is not

signing the record referred to in paragraph 4, connected to another accounting

record



and technical means of communication) (§ 4 para. 10), or



(b)) a natural person responsible referred to in paragraph 10,



that enables the unambiguous identification of a technical resource or

natural persons.



(9) to one accounting record can be connected more signing

records, or identification of records.



(10) an entity shall internal regulation, duties, and privileges

responsibility of the people in this business unit, related to connecting

the signing of the record or the record ID, and in such a

in a way, in order to determine independently the responsibilities

individual persons for the content of a book entry, to which were referred

the records attached.



§ 34



Transfer of a conclusive book entry



(1) the transmission of evidence the accounting record may be made only

through the information system or in any other manner that meets

requirements, evidence and permanence and protection requirements, and

security appropriate to the nature of the information transmitted in accordance with

special legislation. ^ 31)



(2) the requirements, evidence and other requirements referred to in paragraph 1 are

true, even if it is the transmission of a conclusive book entry

made through a third party different from the business units

If this person meets the requirements under special laws

legislation. ^ 31)



§ 35



Repair and other provisions on accounting records



(1) the Correction or addition in the accounting records must not lead to

incomplete, inconclusive, incorrectness, obscurity, or

chaotic accounts.



(2) If an entity finds that some of its accounting records

the accounts are incomplete, inconclusive, incorrect or unintelligible, is

required to carry out without delay correct manner according to the

to paragraph 3. The accounting record of the resulting grouping is also incomprehensible,

If any of the intermediate accounting records in the technical form does not meet the

the conditions of § 33 para. 7. the accounting record in mixed form is also

unintelligible, if part of the accounting record in the technical form does not meet the

the conditions of § 33 para. 7.



(3) repair must be carried out in order to identify the person responsible

the implementation of each repair, the time of its transposition and to find out how the contents of the

corrected an accounting record before fixing, so its contents after the repair.



(4) the time record in accounting records with such precision, to

uncertainty in the determination of the time did not have the effect of uncertainty in the determination of the content of the

accounting cases.



(5) accounting records that are in the form of illegible, if it is not complied with

the provisions of § 33 para. 7, shall be treated as if it is business units did not.



(6) in the event that the accounting records are lost or stolen, damaged

or damaged so that the damage occurred to change their content,

an entity is required to take measures to restore the conclusiveness of the

accounting.



(7) for the fix is not added in the accounting record,

If



and there is no change) of the original content of a book entry,



(b)) does not cause ambiguity expanded content of the accounting information

record and



(c)) are not violated, evidence requirements, permanence and persistence

the accounting record.



section 36



(1) in order to comply when using accounting methods and accounting

units and to ensure the higher level of comparability of financial statements

the Ministry issued the Czech accounting standards ("standards").

The standards shall provide in particular for detailed description of the accounting methods and procedures

posting. The selected business units follow the standards at all times.

Other accounting units may deviate from the standards if the

ensure that a true and fair image of the subject of accounting. The derogation from the

standards and its reasons are the other business units are required to indicate in the

the annex to the financial statements. The use of standards for entities with

considered a fulfillment of the accounting methods under this Act and a faithful and

fair view of the accounting books. The rules for creating and issuing

the Ministry may lay down the standards of the implementing regulation.

The issue of standards in financial newsletter Ministry Announces.

The Ministry maintains a registry of issued standards.



(2) the Ministry may with a legal entity selected in the public

the selection process to conclude a contract on the establishment of the standard.



(3) because of the special nature of property may be issued for the Ministry

the armed forces, armed security corps and intelligence services

Special standards of derogating from paragraph 1. These standards and their

Edition will not be published.



Administrative offences



§ 37



the title launched



(1) an entity that is not an entrepreneur, is guilty of an offence,

that



and does not keep accounts pursuant to §) 4 (4). 2 to 6,



(b)) does not build the financial statements in accordance with § 6 para. 4, or compile a chart of

statements at the date provided for in § 19 para. 1, or not produced annual

report pursuant to § 21 para. 1 to 5,



(c)) shall keep records in violation of § 7 para. 1 and 2,



d) keep accounts in violation of § 8 para. 2,



(e) the financial statements are drawn up) does not contain all required components

referred to in § 18 para. 1 or 2,



f) contrary to section 20 (2). 1 does not have accounts certified by an auditor or

contrary to § 21 para. 6 the annual report does not have a certified auditor,



g) will not disclose the financial statements or annual report under section 21a, or



h) contrary to section 31 neuschová accounting records.



(2) for the offense can impose a fine in the amount of



and 6% of the value of the assets) total according to § 20 paragraph 1. 1 (b). and point 1) with respect to

about the offense referred to in paragraph 1 (b). and) and (b)),



b) 3% of the total value of assets under section 20 (2). 1 (b). and point 1) with respect to

about the offense referred to in paragraph 1 (b). c) to (h)).



§ 37a



The fine for the purposes of fulfilment of the obligations of the



(1) an entity not listed in § 37 or the person responsible for the management

accounting under this Act is guilty of an administrative offense, by



and does not keep accounts pursuant to §) 4 (4). 1,



(b)) does not build the financial statements in accordance with § 6 para. 4, or compile a chart of

statements at the date provided for in § 19 para. 1, or not produced annual

report pursuant to § 21 para. 1 to 5,



(c)) shall keep records in violation of § 7 para. 1 and 2,



d) keep accounts in violation of § 8 para. 2,



(e) the financial statements are drawn up) does not contain all required components

referred to in § 18 para. 1 or 2,



f) contrary to section 19(a)(1). 1 does not apply to the accounting and preparation of financial

statements of international accounting standards,



g) contrary to section 20 (2). 1 does not have accounts certified by an auditor or

contrary to § 21 para. 6 the annual report does not have a certified auditor,



h) will not disclose the financial statements or annual report under section 21a,



I) does not build statements for partial consolidation unit of the State or

the financial statements for the Czech Republic, although it is required to do so pursuant to Section 23b,



j) contrary to section 31 neuschová accounting records, or



k) does not provide the conditions for transfer of accounting records to a central

accounting information system of the State in the manner prescribed by the implementing the legal

Regulation issued on the basis of § 4 para. 8 and Section 23b para. 5 ^ 34) or

does not pass the accounting record to the central system of accounting information of the State,

Although her this obligation prescribed by law or other legislation.



(2) the consolidating accounting unit commits an administrative offense, by



and) does not build consolidated financial statements in accordance with § 6 para. 4, or

the consolidated financial statements does not build on the date provided for in § 23 para.

2, or not produced a consolidated annual report under section 22b para. 2,



(b)) her prepared consolidated financial statements does not include all the mandatory

components according to § 18 para. 1 or 2,



c) contrary to section 22 paragraph 1. 1 does not have consolidated financial statements

Auditor, or in violation of § 38 paragraph. 2 does not have a consolidated annual

the report of a certified auditor,



(d)) shall not disclose financial statements or annual report under section 21a, or



e) in contravention of Section 23a para. 1 does not apply to the consolidated

financial statements of international accounting standards.



(3) an administrative offense shall be fined in the amount of



and 6% of the value of the assets) total according to § 20 paragraph 1. 1 (b). and point 1) with respect to

on administrative offence pursuant to paragraph 1. a), b) and (f)),



b) 3% of the total value of assets under section 20 (2). 1 (b). and point 1) with respect to

on administrative offence pursuant to paragraph 1. c) to (e)) and g) to (j)),



(c)) 3% of the value of the consolidated total assets pursuant to § 22a para. 1 (1),

in the case of an administrative offence referred to in paragraph 2,



(d)) $ 100, in the case of an administrative offence referred to in paragraph 1 (b). k) and

If it is not stipulated otherwise.



section 37aa



(1) the total value of the assets referred to in § 37 para. 2 and § 37a paragraph 1. 3, the

finds from the accounts or the consolidated financial statements

the units assembled for the accounting period in which the or violation of

the obligation has occurred.



(2) if the total value of the assets identified pursuant to paragraph 1 does not match the


total assets recorded in the proceedings for the imposition of a fine shall be applied for

the purpose of § 37 para. 2 and § 37a paragraph 1. 3 this established the amount of the assets of the unmodified

about item according to § 26 para. 3. Similarly, if the accounting

accounts or the consolidated accounts for the financial year have not been

built.



(3) if the actual amount of the assets to determine in accordance with paragraph 2,

determine the value of the assets of the total authority, that violations of the legal obligations

dealt with by qualified estimate.



(4) in the event that the scope and content of the accounting in the accounting period in

which or for which the infringement of the obligation occurred, is comparable to the

the scope and content of the immediately preceding accounting cases

of the accounting period, a qualified estimate for the purposes of paragraph 3 means

the value of total assets from financial statements prepared under this

the previous accounting period.



§ 37ab



Provisions common to administrative offences



(1) a legal person for an administrative offence is not liable if he proves that

made every effort, that it was possible to require that

breach of legal obligations.



(2) in determining the amount of the fine on a legal person shall take account of the seriousness of the

the administrative offense, in particular, the way a criminal offence and its consequences,

the duration and circumstances under which it was committed. Since the imposition of fines for

administrative offence under § 37a paragraph 1. 1 (b). k) may be omitted.



(3) the liability of a legal person for an administrative offense shall cease, if the

administrative authority about him has not initiated proceedings within 1 year from the date on which it

learned, but not later than within 3 years from the date on which it was committed.



(4) administrative offences under this law in the first instance hearing

the tax office, unless otherwise provided by special legislation provides otherwise.



(5) The liability for the acts, which took place in the business

persons, or in direct connection with it shall be subject to the provisions of

liability and sanctions legal persons.



§ 37b



Powers of execution



(1) the Ministry shall issue decrees for the implementation of § 4 para. 8, Section 23b para. 5,

§ 24 para. 5, § 29 para. 4 and § 30 paragraph 2. 5.



(2) the Ministry may issue a decree to implement § 36 odst. 1.



§ 38



(1) in the financial year 1992, the entity shall apply the chart of accounts and

How to appreciate the posting assets and liabilities in accounting in accounting

statements and the financial statements arising from the existing methods

legislation.



(2) from the effective date of this Act, does not advance the Federal Department of

Finance, pursuant to section 4, paragraph 4. 2, section 14 and section 35 para. 3 of Act No.

21/1971 Coll., on uniform system of socio-economic information, in

amended by Act No. 128/1989 Coll.



§ 38a



Civic associations, their organizational unit ^ 8), which have legal

personality, churches and religious societies ^ 8a) or church institution,

which are the Church legal entity ^ 9), and hunting communities ^ 10)

can conduct accounting in accordance with Act No. 563/1991 Coll., on accounting, in the

amended by Act No. 114/1994 Coll., Act No. 227/1997 Coll., Act No.

492/2000 Coll., the Act No. 353/2001 Coll. and Act No. 441/2003 Coll., if

their total income for the last closed accounting period shall not exceed 3

0000 0000 CZK; in doing so, they are subject to the provisions of Act No. 563/1991 Coll.,

about accounting, and its implementing legislation governing

in the system of bookkeeping accounting, in the version in force on 31 December.

December 2003.



§ 39



Are deleted;



1. Regulation of the Government of the CZECHOSLOVAK SOCIALIST REPUBLIC No. 136/1989 Coll., on the information system

organisations,



2. the Federal Ministry of finance Decree No. 155/1971 Coll.

inventories of economic resources,



3. the Federal Ministry of finance Decree No. 21/1990 Coll., on

calculation,



4. the Federal Ministry of finance Decree No. 23/1990 Coll., on

accounting.



section 40



This Act shall take effect on 1 January 2000. January 1992.



Havel v.r.



DUBČEK v.r.



Čalfa v.r.



Selected provisions of the novel



Article II the Act No. 353/2001 Sb.



Transitional provisions



1. Range and method of bookkeeping, including all accounting documents and

records relating to the accounting period, in particular in terms of

accuracy, completeness and relevance shall be assessed pursuant to the provisions of the Act

No. 563/1991 Coll., on accounting, as in force at the beginning of the relevant

of the accounting period, if not stipulated otherwise.



2. Where the legislation of the use of the term "annual accounts",

This means the annual financial statements pursuant to Act No. 563/1991 Coll., on the

accounting, as amended by this Act.



3. Where the legislation of the use of any sign book

the document, this means the accounting record pursuant to Act No. 563/1991 Coll., on the

accounting, as amended by this Act.



4. the unit in the preparation of the financial statements for the accounting period of the year

2002 and accounts until the entry into force of regulations issued by the

the Ministry under section 37a of the Act No. 563/1991 Coll., on accounting, in the

the text of this law, shall apply the measures issued by the Department pursuant to section 4

paragraph. 2 of the Act No. 563/1991 Coll., on accounting, as amended in the

entry into force of this Act. From the date of entry into force of regulations

issued under section 37a of the Act No. 563/1991 Coll., on accounting, as amended by

This Act, with the measures issued in accordance with Act No. 563/1991 Coll., on the

accounting, do not apply, to the extent in which it is the object of their editing

contained in the Decree.



5. the documents and the records in which the date of entry into force of this

the law ended or where the uschovací ends the period with further

store under Act No. 563/1991 Coll., on accounting, as amended by this

the law, except when the Act No. 563/1991 Coll., on accounting, in the

the version in force at the beginning of the accounting period covered by the accounting documents and

the records related to, set a longer period.



6. To record the facts relating to the financial period starting

before the effective date of this Act and identified in the accounting period commencing

After the effectiveness of the Act, an entity may apply the provisions of

accounting records in accordance with Act No. 563/1991 Coll., on accounting, as amended by

of this Act.



7. The entity that charges by the Ministry of Finance No.

281/89 759/2001 laying down the chart of accounts and the accounting procedures for the

the entrepreneur may have begun in the accounting period from 1. January 2002

until 31 December 2006. December 2002 to proceed with posting the currency differences to

the time of the transaction and to the end of the balance sheet date or to

Another point to which it draws up financial statements, claims,

liabilities, as well as debt securities with a maturity of longer than 12

months of held to maturity, according to the Ministry of Finance No.

100 v/20/1992, laying down the chart of accounts and procedures for

the entrepreneur, as is apparent from the amendments effective on the date of 31.

December 2001; in this case, the entity shall proceed

identically for all receivables, liabilities and debt securities are

a maturity of longer than 12 months, held-to-maturity.



8. in the first day of the following accounting period business units

apply the procedure referred to in point 7, the advance referred to in paragraph 5 of Annex No. 3

(transitional provisions) of the Ministry of finance REF. 281/89

759/2001 laying down the chart of accounts and the accounting procedures for the

entrepreneurs.



9. The entity that charges by the measures no. 282/105 880/2001,

amending the chart of accounts and the accounting procedures for insurance companies and issues

their full text, in the accounting period may have begun in the period from 1.

1 January 2002 to 31 December 2004. December 2002 to proceed with posting the Exchange

the differences in the accounts receivables and liabilities or financial position according to the

article. XI foreign measures of the Federal Ministry of Finance No.

V/2-25 430/1992, laying down the chart of accounts and accounting procedures

for insurance companies, as is apparent from the amendments effective as of 31. December 2001;

in this case, the entity shall proceed identically for

all receivables and liabilities or financial position.



Article II of law No 437/2003 Coll.



Transitional provisions



1. the provisions of this Act shall apply for the first time in the financial year,

started in 2004, unless stated otherwise.



2. Civic associations, their organizational unit, ^ 8) which have legal

personality, churches and religious societies ^ 8a) or church

institutions which are ecclesiastical entity, ^ 9) generally beneficial

the company, an interest Association of legal entities, hunting

^ 10) Fellowship, endowment funds and condominiums, ^ 10a)

that at the date of 31. December 2003, the second in a simple

accounting, can keep accounts pursuant to Act No. 563/1991 Coll., on the

accounting, in the wording of Act No. 116/1994 Coll., Act No. 227/1997 Coll.

Act No. 492/2000 Coll., the Act No. 353/2001 Coll., and in the text of article. I to this

the Bill, up from 1. January 1, 2005. By this time they are subject to the provisions of

the existing legislation governing the accounting system

a simple accounting.



3. The provisions of § 19 para. 9 and § 23a of Act No. 563/1991 Coll., as amended by

This Act shall apply for the first time in the accounting period closest to the following


After the financial year in which it entered the Treaty on the accession of the Czech

Republic to the European Union in force; by this time can the consolidating

the accounting unit for the Assembly and presentation of consolidated financial statements and

consolidated annual report to use international accounting standards or

other internationally accepted accounting principles and under the conditions laid down

Act No. 563/1991 Coll., in the version in force before the date of entry into force of

of this Act.



4. the provisions of section 20 (2). 1 (b). a) and b) of Act No. 563/1991 Coll., on

the text of this law, shall first apply for the determination of the conditions of developing

the obligation to verify the accounts auditor for the financial period

began in 2004 and later; by this time shall apply the provisions of § 20

(a). a) and b) of Act No. 563/1991 Coll., in the version in force before the date of

entry into force of this Act.



5. the provisions of section 22(2). 3 points 2 and 3 of Act No. 563/1991 Coll., as amended by

This Act shall first apply for the determination of the conditions of developing

the obligation to consolidate for the accounting period, which began in 2004 and

later; by this time shall apply the provisions of § 22 para. 3 points 2 and 3

Act No. 563/1991 Coll., in the version in force before the date of entry into force of

of this Act.



6. in the proceedings for the imposition of a fine pursuant to section 37 of the Act No. 563/1991 Coll.,

the offences considered under the text of the law effective at the date of

breach of the obligation. The proceedings initiated before the date of entry into force of this

Act shall be completed according to the existing legislation.



7. Business units to 31. December 2003, the second in the system

a simple accounting, even in the case that they have the economic

year, are required to the date of entry into force of this Act terminate the financial

period and build reports under section 15 para. 5 of the Act No. 563/1991 Coll.,

as amended by the Act No. 353/2001 Coll., according to the State as of 31. December 2003.



8. the unit is in liquidation, the liquidation was started before 1 January 2002.

in January 1993, and the State-owned enterprises incurred pursuant to Act No. 111/1990 Coll., on

State enterprise, it was decided pursuant to Act No. 77/1997 Coll., on

State enterprise, their cancellation, progress until their abolition

in accordance with Act No. 563/1991 Coll., and issued the implementing legislation

regulations, in the version in force on 31 December 2005. December 2003.



9. the provisions of section 20 (2). 2 and 3 of Act No. 563/1991 Coll., as amended by this

the law shall apply to the financial statements to be produced after 1. January 2004

including.



_______



8) § 6 para. 2 (a). e) of Act No. 83/1990 Coll. on Association of citizens.



8A) § 6 para. 1 of Act No. 3/2002 Coll., on freedom of religion and

status of churches and religious communities and on amendments to certain laws

(the law on churches and religious societies), as amended by Act No.

4/2003 Coll.



9) § 16 para. 1 of Act No. 3/2002 Coll., as amended by Act No. 4/2003 Coll.



10) section 19 of the Act No 449/2001 Coll., on game management, as amended by Act No.

59/2003 Coll.



10A) Act No. 72/1994 Coll., to regulate certain co-ownership

relationships to buildings and certain ownership relationships to flats and non-residential

spaces and the following certain laws (the law on the ownership of flats)

as amended, and the Constitutional Court declared under no.

280/1996 Coll.



Article. XV of law no 669/2004 Sb.



Transitional provisions



1. natural persons to the effective date of this Act, have become the financial

the unit according to the provisions of § 1 (1). 2 (a). e) of Act No. 563/1991 Coll.,

on accounting, as amended by Act No. 492/2000 Coll., the Act No. 353/2001 Coll. and

Act No. 441/2003 Coll., shall be construed as a business unit from the date of

of this Act, unless the context otherwise requires. If turnover

These business units pursuant to § 1 (1). 2 (a). e) of Act No. 563/1991

Coll., on accounting, as amended, has exceeded 15 0000 0000 CZK

have an obligation to keep accounts from 1. January 2006; referred to natural persons,

the turnover does not exceed Eur 15 0000 0000 of which are not considered as a business unit

and the obligation to keep accounts for them does not arise. To the earlier emergence of the

the obligation to keep accounts shall not be considered, with the exception of occurrence of the obligations

on the basis of the provisions of § 1 (1). 2 (a). (d)), f) and h) of the Act No. 563/1991

Coll., as amended.



2. natural persons, which is the effective date of this Act, have become the financial

the unit according to the provisions of § 1 (1). 2 (a). (g)) of Act No. 563/1991 Coll.,

on accounting, as amended by Act No. 492/2000 Coll., the Act No. 353/2001 Coll. and

Act No. 441/2003 Coll., because at least one of the participants of the Association without

legal personality under a special legal regulation has become a financial

the unit according to the provisions of § 1 (1). 2 (a). e) of Act No. 563/1991 Coll.,

on accounting, as amended by Act No. 492/2000 Coll., Act No. 353/2001 Coll.

Act No. 441/2003 Coll., shall be construed as a business unit from the date of

of this Act, unless the context otherwise requires. If there is a reason

occurrence of the obligations to keep records, the fact that the turnover of at least one

of the members of this Association, which is an entity pursuant to § 1 (1). 2

(a). e) of Act No. 563/1991 Coll., on accounting, as amended by Act No.

492/2000 Coll., the Act No. 353/2001 Coll. and Act No. 441/2003 Coll., and this

turnover exceeded 15 0000 0000 Czk, have referred to natural persons, the obligation to keep

accounts from 1. January 2006; If this turnover does not exceed 15 0000 0000 CZK

listed natural persons shall not be considered as a business unit and the obligation to keep

the accounts of them does not arise. To the earlier emergence of the obligation to keep accounts

is not taken into account, with the exception of the emergence of the obligations under the provisions of section 1 of the

paragraph. 2 (a). (d)), f) and h) of the Act No. 563/1991 Coll., as amended.



3. for the purposes of determining the time from which the natural person becomes

the company pursuant to § 1 (1). 2 (a). e) of Act No. 563/1991 Coll., on

the text of this law, when determining the amount of turnover it the text of the Act

No 588/1992 Coll., on value added tax, in the version in force at the date of

chargeable event or the date of the performance.



Article II of Act No. 69/2007 Sb.



Transitional provision



To the creation of the entity's obligation to disclose financial statements also in

Commercial bulletin on the basis of the provisions of section 21a, para. 4 of law No.

563/1991 Coll., as amended by Act No 81/2006 Coll., the effective date

This law shall be disregarded.



Article. LXXIX Act No. 261/2007 Coll.



Transitional provisions



1. the provisions of section 1 (1). 2 (a). e) of Act No. 563/1991 Coll., on the

accounting, as amended by this Act, shall apply for the first time in the accounting period,

that began in 2008, unless stated otherwise.



2. The natural persons who have become business units according to

the provisions of § 1 (1). 2 (a). e) of Act No. 563/1991 Coll., on accounting,

in the version in force before the date of entry into force of this Act and on the financial

units that were entities pursuant to section 1 (1). 2

(a). e) of Act No. 563/1991 Coll., on accounting, in the version in force prior to the

the effective date of this Act, and that the effective date of this

the law is not an entity pursuant to section 1 (1). 2 (a). a) to

(d)) and f) to (h)) of Act No. 563/1991 Coll., on accounting, as amended

regulations, and whose turnover according to the provisions of § 1 (1). 2 (a). e) of the Act

No. 563/1991 Coll., on accounting, in the version in force prior to the date of acquisition

the effectiveness of this Act during the calendar year 2006 amount does not exceed 25 000

USD is not covered by the obligation to terminate the bookkeeping at the earliest after

the expiry of 5 consecutive accounting periods.



3. The natural persons who have become business units according to

the provisions of § 1 (1). 2 (a). e) of Act No. 563/1991 Coll., on accounting,

in the version in force before the date of entry into force of this law and that the

the effective date of this Act is not an entity under the provisions of section

1 (1). 2 (a). a) to (d)) and f) to (h)) of Act No. 563/1991 Coll., on the

accounting, in the wording of later regulations, and whose turnover by

the provisions of § 1 (1). 2 (a). e) of Act No. 563/1991 Coll., on accounting,

in the version in force before the date of entry into force of this Act in the

calendar year does not exceed the amount of Eur 25 0000 0000, 2006 does not apply

the obligation under article 4, paragraph 2. 3 of Act No. 563/1991 Coll., on the

accounting, in the wording of later regulations.



Article. XX of Act No. 296/2007 Sb.



Transitional provision



The bankruptcy proceedings initiated pursuant to Act No. 328/1991 Coll., on bankruptcy and

the settlement, as amended, shall apply the provisions of the Act

No. 563/1991 Coll., on accounting, in the version in force prior to the date of acquisition

the effectiveness of this Act.



Article. In Act No. 126/2008.



Transitional provision



In cases where the law No. 125/2008 Coll. on transformation

companies and cooperatives, imposes an obligation to complete the conversion by

the existing legislation, the provisions of § 27 para. 3

Act No. 563/1991 Coll., on accounting, in the version in force before the date of

entry into force of this Act.



Article. (II) Act No. 303/2008 Sb.



Transitional provision



In the case of cultural monuments, the collections of the Museum of the nature, cultural items

values and religious buildings are required to have business unit

the award according to § 25 para. 1 (b). k) Act No. 563/1991 Coll., on the

accounting, in the version in force from the date of entry into force of this Act,


not later than 3 years from the date of entry into force of this Act.



Article. (XVI) Law No 230/2009 Sb.



Transitional provision



The provisions of § 27 para. 1 (b). c) of Act No. 563/1991 Coll., on accounting,

in the version in force from the effective date of this Act, shall apply to the accounting

the period started 1. January 2009 and later.



Article. (II) Act No. 410/2010 Sb.



Transitional provisions



1. the provisions of Act No. 563/1991 Coll., in the version in force from the date of acquisition

the effectiveness of this law, shall apply for the first time in the financial year,

began in 2011 or later, if not in paragraphs 2 or 3

unless otherwise provided for.



2. the provisions of section 18 of Act No. 563/1991 Coll., in the version in force from the date of

entry into force of this law, the organizational units of the State,

State funds under the budget rules, the Land Fund of the Czech

the Republic of territorial self-governing units, municipalities, regional voluntary volumes

the Council of the cohesion regions, allowance organizations and health insurance companies

to build cash flow overview and summary of changes

equity capital for the first time for the financial year that began in 2010

or later.



3. the provisions of section 22 to 23 of Act No. 563/1991 Coll., in the version in force from

the effective date of this Act, shall apply for the first time at builds

consolidated accounts and a consolidated annual report for the financial

the period that began in the year 2010 or later.



4. the procedure for the imposition of fines under the law on accounting, initiated prior to the

the effective date of this Act, and to this day hedge contingent exposures,

completes and the rights and obligations associated with it are to be judged according to the law

No. 563/1991 Coll., in the version in force until the date of entry into force of this

the law, if the legislation referred to in the Act No. 563/1991 Coll., on

the version in force from the date of entry into force of this Act, for the financial

the unit more profitable.



Article. (VIII) Law No 355/2007 Sb.



Transitional provision



In cases where the project has been drawn up of the conversion or takeover project

According to law No. 125/2008 Coll., in the version in force until the date of entry into force of

This law, they shall be taken when posting on the conversion of the company according to the

Act No. 563/1991 Coll., in the version in force until the date of entry into force of this

the law.



Article. (II) Act No. 239/2009 Sb.



Transitional provisions



1. the provisions of Act No. 563/1991 Coll., in the version in force from the date of acquisition

the effectiveness of this law, shall apply for the first time in the financial year,

began in 2012 or later, if not in points 2 and 3 determined

otherwise.



2. In accordance with section 30 of Act No. 563/1991 Coll., in the version in force from the date of acquisition

the effectiveness of this law, the business unit for the first time to do when

periodic inventory carried out at the balance sheet date of 31 December 2006. December 2011,

or later.



3. selected, the entity may use a method of valuation of assets pursuant to section

to in article 25(2). 6 of Act No. 563/1991 Coll., in the version in force from the date of acquisition

the effectiveness of this law, as well as for cases of acquisition of property, the capacity

or the facts immediately to a change in return

belonging to the management of the property of the State or to commit assets to the

management according to the law governing the budgetary rules of territorial

authorities, to loan or on free transfers or

the transition has occurred until the date of entry into force of this Act.



Article. XXXV legal measures no 344/Sb.



Transitional provisions



1. the provisions of Act No. 563/1991 Coll., in the version in force from the date of acquisition

the effectiveness of the legal measures of the Chamber, shall apply for the first time in the accounting

the period starting from the date of entry into force of the legal measures

The Senate.



2. In the case of changes to the Law Institute, including changes to its content, which

occurs when the effective date of the Act No. 513/91 Coll., the civil code

or Act No. 90/2009 Coll., on commercial companies and cooperatives

(law on commercial corporations) to the date of entry into force of this

the legal measures of the Chamber, shall apply the provisions of § 3029 para. 1 of the law

No. 513/91 Coll., the civil code, with the possible change of the procedure

posting, that has an impact on the change in the financial results, the accounting officer may

in this context, the unit only when it would make

such changes occurred, to a significant distortion of the information contained in the

annual accounts or consolidated accounts.



Article. (II) Act No. 221/2015 Sb.



paid



1) Fourth Council Directive 78/660/EEC of 25 September 1992. July 1978, based

on the article. paragraph 54. 3 (b). g) of the Treaty, on the annual accounts

certain types of companies, as amended by Council directives 83/349/EEC,

84/569/EEC, 89/662/EEC, 90/604/EEC, 90/605/EEC, 94/8/EC, 1999/60/EC,

2003/38/EC Directive of the European Parliament and Council Directive 2001/65/EC,

2003/51/EC, 2006/48/EC and 2009/49/EC.



Seventh Council Directive 83/349/EEC of 13 September 1993. June 1983 based on the article.

paragraph 54. 3 (b). g) of the Treaty on consolidated accounts in

the texts of Council Directives 89/662/EEC, 90/604/EEC, 90/605/EEC, directives

European Parliament and Council Directive 2001/65/EC, 2003/51/EC, 2006/48/EC and

2009/49/EC.



European Parliament and Council Regulation (EC) No 1606/2002 of 19 November 2002.

July 2002 on the application of international accounting standards, as amended by

European Parliament and Council Regulation (EC) No 297/2008



1A) § 6 para. 2 of Act No. 235/2004 Coll., on value added tax.



1 c) for example, Act No. 111/1998 Coll., on universities and amending and

additional laws, as amended by Act No. 211/2000 Coll. and Act No.

147/2001 Sb.



1 d) Act No. 586/1992 Coll., on income taxes, as amended

regulations.



2) § 61 of the commercial code.



3) Act No. 586/1992 Coll., of the Securities Act, as amended

regulations.



4) section 8a of the Act No. 586/1992 Coll., of the Securities Act, as amended by Act No.

15/1998 Coll., Act No. 70/2000 Coll., Act No. 367/2000 Coll., Act No.

501/2001 Coll., Act No. 312/2002 Coll., Act No. 480/2002 Coll. and act

No 88/2003 Coll.



6) Act No. 363/1999 Coll., on insurance and amending certain

related acts (the Insurance Act), as amended

regulations.



7) for example, Act No. 101/2000 Coll., on the protection of personal data and on amendments

certain acts, as amended, Act No. 148/1998 Coll.,

on the protection of classified information and on the amendment to certain acts, as amended by

amended.



8) § 6 para. 2 (a). e) of Act No. 83/1990 Coll. on Association of citizens in

amended by Act No 342/2006 Sb.



8A) § 6 para. 1 of Act No. 3/2002 Coll., on freedom of religion and

status of churches and religious communities and on amendments to certain laws

(the law on churches and religious societies).



9) Act No. 3/2002 Coll., on freedom of religion and the status of

churches and religious societies and on amendments to certain acts (the Act on

churches and religious societies), as amended by the Constitutional Court

declared under the No 4/2003 Coll., Act No. 561/2004 Coll. and Act No.

495/2005 Sb.



10) section 19 of the Act No 449/2001 Coll., on game management, as amended by Act No.

59/2003 Coll.



10A) Act No. 72/1994 Coll., to regulate certain co-ownership

relationships to buildings and certain ownership relationships to flats and non-residential

spaces and the following certain laws (the law on the ownership of flats)

as amended, and the Constitutional Court declared under no.

280/1996 Coll.



10B) § 221 para. 1 of the commercial code.



for example, section 11A) 45 Act No. 218/2000 Coll. on budgetary rules and

amending certain related laws (the budgetary rules), as amended by

Act No. 143/2001 Coll. and Act No. 185/2001 Coll.



for example, 11b) Act No. 593/1992 Coll., on reserves for the findings of the base

income taxes, as amended.



11 c) Act No. 125/2008 Coll. on transformation of trade companies and

cooperatives.



11 d) Act No. 218/2000 Coll. on budgetary rules and amending

certain related acts (budgetary rules), as amended by

amended.



Law No 250/2000 Coll., on the budgetary rules, in the local budgets

as amended.



11e) Regulation (EC) No 1606/2002 of the European Parliament and of the Council of 19 May 2003.

July 2002 on the application of international accounting standards.



12) Law No. 89/1995 Coll., on State statistical service, as amended by

amended.



for example, section 13A) 161d para. 5 of the commercial code.



13B) commercial code.



14) for example, section 18 of Act No. 424/1991 Coll. on Association in political

Parties and political movements as amended by Act No. 116/1994 Coll., Act

No 296/1995 Coll., Act No. 330/1996 Coll. and Act No. 340/2000 Sb.



15 § 80a) for example, Act No. 586/1992 Coll., on the securities in the

as amended.



16) for example, § 125 of the commercial code, as amended.



17) § 27a para. 2 (a). (c)) of the commercial code, as amended

regulations.



18) Act No. 148/1998 Coll., on the protection of classified information, as

amended.



19) §66A. 7 of the commercial code.



20) section 66a.



20A) Act No. 21/1992 Coll., on banks.



Act No. 58/1995 Coll., on insuring and financing export with State

support and supplement of Act No. 166/1993 Coll. on the Supreme Audit


the Office.



20b) Act No. 586/1992 Coll., on the securities.



20 c) Act No. 248/1992 Coll., on investment companies and investment

funds, as amended.



20 d) Act No. 42/1994 Coll. on supplementary pension insurance with State

contribution and on changes of some acts related to its introduction,

in the wording of later regulations.



20e) Act No 87/1995 Coll., on savings and credit cooperatives and

some of the measures related to the law and the Czech

the National Council No. 586/1992 Coll., on income taxes, as amended

regulations.



20f) Act No. 363/1999 Coll., on insurance and amending certain

related acts (the Insurance Act), as amended

regulations.



Act No. 58/1995 Coll., on insuring and financing export with State

support and supplement of Act No. 166/1993 Coll. on the Supreme Audit

authority, as amended.



20 g) Act No. 280/1992 Coll., on departmental, industry, corporate, and

other health insurance companies, as amended.



20 h) Act No. 6/1993 Coll. on Česká národní banka, as amended

regulations.



20j) Act No. 168/1999 Coll., on liability insurance

caused by operation of the vehicle and amending certain related laws

(law on the liability insurance of the vehicle), as amended

regulations.



20 k) Act No. 553/1991 Coll., on the Czech General health insurance company

Republic, as amended.



21) section 59 of the commercial code.



22A) Act No. 48/1997 Coll., on public health insurance, as amended by

amended.



Act No. 280/1992 Coll., on departmental, industry, corporate, and other

health insurance companies.



Act No. 551/1991 Coll., on the Czech General health insurance company

of the Republic.



23 for example, Act No.) 248/1992 Coll., on investment companies and

investment funds, as amended.



24) § 659 of the civil code.



25) § 553 BGB.



26 for example, § 133 paragraph). 1 of the civil code, § 443 paragraph. 2, § 444 and

445 of the commercial code.



27), for example, section 31 of Decree-Law No. 108/1994 Coll., implementing

the labour code, as amended by Decree-Law No 461/2000 Sb.



28) Law No 499/2004 Coll. on Archives and records service and amending

Some laws.



29 for example, Act No.) 92/1991 Coll., on conditions for the transfer of property to the State

to other persons, as amended.



30), for example, Act No. 2/1991 Coll., on collective bargaining, as amended by

amended.



30A) Act No 227/2000 Coll. on electronic signature and amending certain

other laws (the law on electronic signature), as amended

regulations.



for example, § 31), 17 to 20 of the commercial code, §§ 38 and 39 of the Act No.

21/1992 Coll., on banks, as amended, Act No. 29/2000

Coll. on postal services and on amendments to certain acts (the Act on

postal services), Act No. 151/2000 Coll. on telecommunications and on

change other laws, law No. 101/2000 Coll., as amended

legislation, Act No. 148/1998 Coll., as amended, Decree

No 56/1999 Coll., on ensuring the security of information systems

handling classified information, the implementation of their certification

and the terms of the certificate.



34) Decree No. 383/2009 Coll., on accounting records in the technical form

the selected business units and their transmission to the central system

the accounting information of the State and of the technical and mixed forms of

accounting records (the technical Ordinance on the books).



35) European Parliament and Council Regulation (EC) No 1606/2002. Regulation

Commission Regulation (EC) No 1126/2008 of 3 June. November 2008 adopting

certain international accounting standards in accordance with regulation of the European

Parliament and of the Council (EC) No 1606/2002.



36) Law No 427/2007 Coll. on supplementary pension savings.



37) for example, Act No. 320/2001 Coll., on financial control in the public

manage and on amendments to certain acts (the Act on financial control), as amended by

amended, and Act No 420/2004 Coll., on the review of the

management of territorial self-governing units and voluntary unions, in

as amended.



39) European Parliament and Council Regulation (EC) No 1893/2006 of 20 February 2006

December 2006 establishing the statistical classification of economic

activities NACE revision 2, section (B), sections 05 to 08 of annex I.



40) European Parliament and Council Regulation (EC) No 1893/2006, section and,

Section 02 group 02.2 of annex I.