349/2007 Sb.



DECREE



of 17 May. December 2007,



amending Decree No. 500/2002 Coll., which implements certain

the provisions of Act No. 563/1991 Coll., on accounting, as amended

regulations for the business units that are entrepreneurs in relation

the system of double-entry accounting, in the wording of later regulations



The Ministry of Finance shall determine under section 37b of the Act No. 563/1991 Coll., on the

accounting, as amended by law No 437/2003 Coll. (hereinafter the "Act") to

the implementation of § 4 para. 8, § 24 para. 4 and 5 and § 28 para. 1:



Article. (I)



Decree No. 500/2002 Coll., which implements certain provisions of the Act

No. 563/1991 Coll., on accounting, as amended, for the accounting

units that are entrepreneurs in relation to the system of double-entry

accounting, as amended by Decree No. 472/2003 Coll. and no 397/2005 Coll.,

be amended as follows:



1. § 1, including footnotes # 1, 1a and 1b is inserted:



"§ 1



This Decree ^ 1) incorporates the relevant provisions of the European

^ 1a) community and covers:



and the scope and compiling) financial statements; the arrangement, description and

display the definition of assets and other assets, Payables and other

liabilities in the financial statements; the arrangement, description and scope

costs, revenues and results management in the financial statements; the arrangement and

scope of explanatory and supplementary information in annex v

the financial statements; the arrangement, the labelling and the content of

the consolidated financial statements; methods of consolidation the financial statements and

the procedure for inclusion of the business units to the consolidated Group;



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

an overview of changes in equity; reference the chart of accounts; accounting

the method; the method of transition from tax records by a special Act ^ 1b)

on the accounting.



1) is released on the basis and within the limits of the law, whose content allows you to

to incorporate the relevant provisions of the European communities Decree.



1A) Fourth Council directive of 25 June. July 1978, based on article. 54

paragraph. 3 (b). g) of the Treaty, on the annual accounts of certain forms of

companies (78/660/EEC), 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, 2003/37/EC and

European Parliament and Council Directive 2001/65/EC, 2003/51/EC,

2006/43/EC and 2006/48/EC.



Seventh Council directive of 13 December. June 1983 based on the article. paragraph 54. 3

(a). g) of the Treaty on consolidated accounts (83/349/EEC),

the texts of Council Directives 89/662/EEC, 90/604/EEC, 90/605/EEC and directive

European Parliament and Council Directive 2001/65/EC, 2003/51/EC, 2006/43/EC and

2006/46/EC.



1B) Act No. 586/1992 Coll., on income taxes, as amended

regulations. ".



Former footnote No. 1a to 1 c are referred to as comments below

line no. 1 c through 1e, including links to a footnote.



2. In section 4, paragraph 4. 7 the first sentence, the words "on whose property is in the ordinary

accounting period, the bankrupt "shall be replaced by" in bankruptcy "and the words

"bankruptcy" is replaced by "bankruptcy decision".



3. In section 4, paragraph 4. 10, the words "to 8" shall be replaced by "up to 10".



4. In section 4, paragraph 4. 11, the first sentence is inserted after the phrase "of the entity with the amount of

total assets (net) of $ 10 billion and higher may show

each item in the whole million CZK; This fact must be

listed in all parts of the annual accounts. ".



5. In article 6 (1). 2 the words "technical evaluation of ^ 3)" is replaced by

"technical evaluation of ^ 2a)".



Footnote 2a is added:



' 2a) section 32a of the Act No. 586/1992 Coll., on income taxes, as amended by

amended. ".



6. In article 6 (1). 3 (b). (e)), after the words "gas ^ 5a)" the words "and

emission reduction units and certified emission reductions from project

activities ^ 5a) ".



Footnote No. 5a is added:



"5a) § 2 (2). 1 of Act No. 695/2004 Coll., on the terms of trading

greenhouse gas emission allowance trading and amending certain acts, in

amended by Act No. 212/2006 Sb. ".



7. In paragraph 6, the following paragraph 9, which including the footnotes # 5 c

up to 5 g:



"(9) Long-term intangible assets are not particularly expert opinions,

market surveys, development plans, proposals for promotional and advertising events,

certification of the quality system ^ 5 c) and technology or management software

for devices that cannot function without this software. Additionally, you may

an entity may decide that the long-term intangible assets are not

in particular, technical audits ^ 5 d) and energy audits ^ 5e), forest

economic plans ^ 5f) and river basin management plans, ^ g).



5 c) for example, Act No. 22/1997 Coll., on technical requirements for

products and amending and supplementing certain acts, as amended

regulations.



5 d) for example, Act No. 276/2001 Coll. on water supplies and sewerage Act for

public use and on amendments to certain acts (the Act on water supply and

sewerage Act), as amended, and other related

laws.



5E) for example, Act No. 406/2000 Coll. on energy management, as

amended.



5F) for example Act No 288/1995 Coll., on forests, and amending and supplementing

Some laws (forest law).



5 g) for example, Act No. 254/2001 Coll. on waters and amending certain

acts (the Water Act), as amended. ".



8. in article 7, paragraph 5 is added:



"(5) the item" b. II. 5. Adult animals and their group "contains the

adult animals and their groups (for example, herd, Flock), with the times

life longer than one year and the amount of the valuation of designated accounting

the unit, subject to compliance with the obligations laid down by law, in particular

respect for the principle of materiality and the true and fair view

asset. About adult animals and their groups with the period of application of the

more than one year of the unreported under the heading "b. II. 5. Adult animals and

their group "is billed as the stock.".



9. In paragraph 7 (2). 10 the first sentence, the words "seller, inserting or

the acquired business unit "shall be replaced by the words" business unit

the seller, inserting, being acquired or distributed by splitting ".



10. in § 9 para. 1 at the end of subparagraph (f)) is replaced by a comma and dot

the following points (g) and (h))), including footnote # 12 c

shall be added:



"g) individual movable assets and sets of movable assets with a

life longer than one year, in the item "b. II. 3.

Individual movable assets and sets of movable assets, "considered small

tangible assets, issue an entity accounts as the stock,



h) experimental animals ^ 12 c).



12 c), for example, Act No 246/1992 Coll., on the protection of animals against cruelty,

as amended. ".



11. in § 9 para. 2 (a). and) the words "product, incomplete performance

other activities "shall be replaced by ' product; This item also

contains incomplete activities. "



12. in section 9, paragraph 4, including footnote No. 12d:



"(4) an entry headed" 4. Young and other animals and their group "contains the

animals and their groups, including animals for slaughter ^ 12d), which are not

reported in the item "b. II. 5. Adult animals and their group ",

Headed "1. Material "and" C.I. 5. Of the goods ".



12d), for example, section 3, paragraph 3. 1 (b). (d)) Law No 166/1999 Coll., on the

veterinary care and amending related laws (health law), in

as amended, section 2 (a). a) and b) Decree No. 375/2003 Coll.

implementing certain provisions of Act No. 167/1999 Coll., on the

veterinary care and amending certain related laws (health

Act), as amended, and on the animal health requirements for

animal products, as amended. ".



13. in section 9, paragraph 5, reads as follows:



"(5) an entry headed" 5. Goods ' includes a movable property, including animals, acquired

for sale, if an entity with these things does business.

The entry contains the products of own production that have been activated and

passed to custom shops, and animals animals that

reached, was activated and are intended to be sold, with the exception of

animals ^ 12d). The entry also contains a property that the entity,

the subject of activity is the purchase and sale of real estate purchases for the

sale and rent is not in itself and does not perform on them

technical appraisal. ".



14. in section 9, the following paragraph 7 is added:



"(7) on the stocks are accounted for in the manner and on an ongoing basis or on a periodic basis in the manner

B. for the way and during the accounting period is charged with using accounts in the

the chart of the inventory class 1. For mode B is in the chart of class 1 Stocks charged to

the end of the balance sheet date, based on the State of the stocks, according to the evidence on the stocks.

Method (B) the entity can only apply in the event that will ensure

the evidential record keeping of stocks so that they will be able to demonstrate the

during the accounting period the inventory status including the valuation of these stocks under the

of the law. ".



15. in section 10, paragraph 1. 7 and § 17 para. 7, after the words "laid down" shall be replaced

"for example".



16. in § 13 para. 1 and § 19 para. 1 the second sentence, after the words "that are"

the words "at the time of their posting.



17. In article 16(1). 4, section 48 and 50, the word "direct" is deleted.



18. in paragraph 21 (b). (b)), the word "animal" is replaced by "young and


other animals and their groups. "



19. in paragraph 27, the words "adopted" shall be deleted and the word "costs"

the words "or to cover other economic injury ^ 13a)".



Footnote # 13a is inserted:



"for example, government regulation 13a) No. 337/2006 Coll., laying down certain

conditions for the implementation of the measures of the common organisation of the markets in the sugar sector,

as amended by Decree-Law No. 44/2007 Sb. ".



Footnote # 13a is referred to as a footnote

# 13b, including links to a footnote.



20. in section 28 is at the end of the text of the third sentence, the words "and their

the numeric designation in the index trading ^ 13 c) ".



Footnote # 13 c:



"13 c) of section 9 of Act No. 695/2004 Coll., on the terms of trading

greenhouse gas emission allowance trading and amending certain acts, in

amended by Act No. 212/2006 Sb. ".



21. in paragraph 39, at the end of paragraph 6 the following sentence "further, the entity

presents information on the types of animals that are reported as fixed

tangible assets and stocks. "



22. in § 39 para. 7 the first sentence, the words "having regard to the principle of

significance of small intangible and tangible assets not reported in the balance sheet

(balance) "and the words" the total amount of commitments which are not included in

the balance sheet (balance sheet), "be deleted.



23. in section 39 shall be inserted after paragraph 8, a new paragraph 9 to 11, which

including the footnotes no 13d to regulation 13 shall be added:



"(9) in the other part of the annex shall be the unit of account information

they are not shown in the balance sheet (balance sheet):



and the total amount of liabilities) If this information is significant to the assessment of the

the financial situation of the entity,



(b)) with regard to the principle of materiality small intangible and tangible assets,



(c)) the nature and business purpose of the operations of the entity where the risks

or benefits from such arrangements are material and if the disclosure of such

risks or benefits is necessary to assess the financial situation of the financial

unit. Accounting units which have accounts in full,

including information on the financial impact of these operations on financial

unit.



(10) in the next part of the annex shall be:



and) an entity that keeps the accounts in a simplified scale,

information about transactions carried out ^ 13d) directly or indirectly between the accounting

the unit and its majority shareholders ^ 12a) or accounting unit and

members of the administrative, management and supervisory bodies, which are necessary to

understanding of the financial situation of the entity, if such transactions are

significant and have not been concluded under normal market conditions,



(b)), the entity that keeps the accounts in its entirety, information about

^ 13d) transactions that an entity has with the related party,

including the volume of such transactions, the nature of the related party relationship and

other information about these transactions that are necessary to

understanding of the financial situation of the entity, if such transactions are

significant and have not been concluded under normal market conditions; the expression

"related party" has the same meaning as in international accounting

the modified law of the European Communities standards ^ 13e).



Information about individual transactions may be aggregated according to their

nature except where separate information is necessary for the

understanding the impact of transactions on the financial position of the entity.

The information referred to in points a and b)), the entity is not required to include,

If the transactions have been carried out between the company and a partner,

which are wholly owned.



(11) in the other part of the annex shall be an entity separately information about

the total cost to the remuneration of statutory auditor ^ 13f), or

audit of the company for the financial year, broken down into:



and) statutory audit ^ 13 g) of the financial statements,



(b)) other certification services,



c) tax consultancy,



(d)) non-audit services.



This information is not an entity required to be indicated in the case that it is

an entity included in the consolidated accounts drawn up by the

as part of the fifth, if such information is given in annex v

the consolidated financial statements of the consolidating accounting unit or

of the person.



13D) Article. paragraph 43. 1 point 7b of Directive 78/660/EEC, as amended by Directive

2006/46/EC.



13E) Article. paragraph 43. 1 point 7b of Directive 78/660/EEC, as amended by Directive

2006/46/EC.



European Parliament and Council Regulation (EC) No 1606/2002 of 19 November 2002.

July 2002 on the application of international accounting standards.



13F) Article. 2 section 2 of the European Parliament and Council Directive 2006/43/EC.



13 g) Article. 2 paragraph 1 of the European Parliament and Council Directive 2006/43/EC ".



Paragraphs 9 to 11 shall be renumbered as paragraphs 12 to 14.



24. In article 47 title: "valuation of intangible and

tangible assets and the definition of the costs associated with the acquisition. "



25. In § 47 para. 1 in the initial part of the provisions, the word "shall" be replaced by

the words "is the price at which the asset is acquired and".



26. in § 47 para. 1 letter i) including the footnotes # 14a-14 c

added:



"i) reimbursement of the costs for the relocation of ^ 14a), transhipment ^ 14b) and spare land

^ 14 c communication) business unit, which has the right of ownership to the

property, or that is running a property of the State or property

territorial self-governing units,



14A) for example, Act No. 458/2000 Coll., on conditions for business and performance

State administration in the energy sectors and on amendments to certain laws

(Energy Act), as amended by later regulations, and Act No. 276/2001

SB., about water supplies and sewerage Act for public use and amending

Some laws (law on water supplies and sewerage Act), as amended by

amended.



14B) for example, Act No. 127/2005 Coll., on electronic communications and

changes to some related laws (Act on electronic

communications), as amended.



14 c), for example, Act No. 13/1997 Coll. on road traffic, as amended by

amended. ".



27. In article 47, paragraph 2, including footnote # 14 d is added:



"(2) included in the valuation of intangible and tangible fixed assets and

technical assessment in particular are:



and) repair and maintenance services. Repair of partial physical effects are eliminated

wear or damage for the purpose of putting it into the previous or

working condition. Putting into working order means

the repair with the use of non-originating materials, parts,

components or technology, if there is no technical evaluation.

Maintenance means ongoing activity which is slowing down the physical

wear and tear and prevent disturbances and minor glitches,



(b) the tenant on putting) costs of leased assets to the previous

the State,



(c) exchange rate differences),



d) contractual fines and default interest and/or other sanctions

contractual relations,



e) rent for the land on which the building under construction ^ 14 d)



(f)) cost of worker training,



g) equipment costs of fixed asset inventory,



h) costs of biological reclamation,



I) costs associated with the preparation and the security of fixed assets

After the placing of a fixed asset to use.



14 d) section 6 of Act No. 337/1992 Coll., on real estate tax, as amended by

amended. ".



28. in § 47 para. 3 the words "technical evaluation of ^ 3)" is replaced by

"technical evaluation of ^ 2a) ^ 3)".



29. in § 47 para. 4 the first sentence, the word "granted" is deleted.



30. In § 47 para. 4 the second sentence, the words "directly or indirectly

granted "are replaced by the words" that are provided directly or

vicariously. "



31. in § 47 para. 4 the third sentence, the words "provided by the business units"

shall be deleted.



32. In paragraph 48, 50-53a, 55, 57 to 60, and part five in the titles, the words

"(§ 4 para. 8 of the Act) "are deleted.



33. section 49 reads as follows:



"§ 49



Inventory valuation methods and the definition of the costs with the acquisition

related



(1) the cost of the inventory are also costs associated with the

their acquisition, in particular freight charged by the supplier or

made by the entity, commissions, duties and insurance premiums. Part of the

cost of inventory are not especially interest on credits and loans

provided by the acquisition, exchange rate differences, contractual penalties and

interest on late payments and other penalties from the contractual relations.



(2) the costs of modifying the stored material or goods shall be construed as

costs related to the acquisition and increase of inventory valuation.



(3) if they are of the same type used for inventory valuation price

based on the valuation of their withdrawals that determined in accordance with the provisions of

§ 25 para. 3 of the Act, in the context of a single analytical inventory account is

necessary to use only one method of valuation; If you used a weighted

the arithmetic mean is calculated at least once a month.



(4) unbilled are valued according to the contract, or

other evidence that the entity has available.



(5) the cost of means either the actual amount of the expenses or the amount of

cost calculation of production according to the method established by the entity.

The production means and other activities, which do not arise in material products.

By way of derogation the entity valued inventory of own production, which

are work in progress, semi-finished and finished products




and short in the factory) a 24-hour cycle of work in process

only the direct material costs and direct products or semi-finished products

material and labour costs,



(b)) in mass and large-lot production only direct costs, which are

the cost of direct materials, semi-finished products, direct wages and other direct

costs,



(c)) in small piece or production and manufacturing with

a long-term cycle of direct costs, manufacturing cost, and in the case that

production cycle exceeds twelve months. overhead and administrative ".



34. In § 52 paragraph 6, insert a new paragraph 7, including

footnote No. 15a is inserted:



"(7) if it is part of a financial derivative instruments, an entity

to determine whether it will charge about the embedded derivative separately ^ 15a) or whether

makes use of the option of embedded derivatives do not charge.



15A) for example, § 6 of the Decree No 501/2002 Coll., as amended

regulations. ".



The present paragraph 7 shall become paragraph 8.



35. In section 53, paragraph 1, the following paragraph 2 is added:



"(2) if it is part of a financial derivative instruments, an entity

to determine whether it will charge about the embedded derivative separately ^ 15a) or whether

makes use of the option of embedded derivatives do not charge. ".



The former paragraph 2 becomes paragraph 3.



36. § 54, including footnote # 16:



"§ 54



Valuation differences in the application of fair value accounting in the transformation

Unit



If required by the commercial code of the valuation assets ^ 16), then

differences between the valuation under section 25 of the Act, where appropriate, section 27 of the Act, and

a valuation of the real values for the business units, companies or parts of

the business units distributed by splitting the appropriate charge property

accounts and the accounts payable accounts in correlation with the relevant posting groups 41

reported under the heading "a. II. 4. When the revaluation

transformations ", with the exception of the relevant components of assets and liabilities for which

changes in the fair value accounted for as financial cost or financial

the yield, or the relevant components of assets and liabilities, which changes in

fair value or revaluation accounted for using the equity method through

the account posting groups 41 reported under the heading "a. II. 3.

Revaluation of assets and liabilities ".



16) for example, § 69 para. 8 and § 69 para. 6 of Act No. 513/1991 Coll., on

as amended. ".



37. In § 55 para. 3, the words "in the coming period" are deleted.



38. In section 56 in the title, the words "(§ 4 para. 8 and § 28 para. 1 of the law) "

shall be deleted.



39. In § 56 para. 1 the first sentence after the word "provided" the words

"in section 47, 61, 61a, and" and after "section 25", the words "and 27".



40. In article 61 in the title, the words "(§ 4 para. 8 and § 24 para. 4 and 5

the Act) ' are deleted.



41. In section 61a in the title, the words "(§ 24 para. 4 and 5 of the Act) "are deleted.



42. In paragraph 2 of section 61b. 2 the second sentence is replaced by the phrases "for long-term

depreciable intangible and tangible fixed assets the entity shall draw up the

depreciation plans according to § 28 para. 6 of the Act. The status of the accumulated depreciation is given by the sum of the

depreciation that would have been charged as depreciation over the use of the

to the moment of transition from the tax accounting in accounting. ".



43. In § 62 para. 6 (a). (c)), the words "; is required to be a certified

translation of ' shall be deleted.



44. In article 67, point (e)) repealed.



Subparagraph (f)) to) are known as the letters e) to (j)).



45. In paragraph 67, at the end of subparagraph (j)) dot replaced with a comma and the following

letters to) to m), including the footnotes # 18a and 18b are inserted:



"to) the nature and business purpose of the operations that are not listed in the

the consolidated balance sheet, and the financial impact of these operations, if they are

the risks or benefits arising from such arrangements are material and where publication of the

of such risks or benefits is necessary to assess the financial situation of the

the consolidated Group,



l) ^ 18a) transaction, with the exception of transactions within the framework of the consolidated Group,

that the consolidating accounting unit or other consolidated

the drive concluded with a related party, including the amount of such

transactions, the nature of the related party relationship and other information about

These transactions, which are necessary for an understanding of the financial situation

the consolidated Group, if such transactions are material and have not been

concluded under normal market conditions. Information about the individual

transactions may be aggregated according to their nature except,

where separate information is necessary for an understanding of the impact of transactions

a related party on the financial situation of the consolidated Group; the expression

"related party" has the same meaning as in international accounting

the modified law of the European Communities standards ^ 18b)



m) separately information about the total cost of the remuneration of the statutory

^ 13f) auditor or audit firm for the accounting period broken down

on:



1. the statutory audit ^ 13 g) the annual financial statements,



2. other assurance services,



3. tax advisory services,



4. non-audit services.



18A) Article. 34 point 7b of Directive 83/349/EEC as amended by Directive 2006/46/EC.



18B) Article. 34 point 7b of Directive 83/349/EEC as amended by Directive 2006/46/EC.



European Parliament and Council Regulation (EC) No 1606/2002 of 19 November 2002.

July 2002 on the application of international accounting standards. ".



46. in annex No 1 in the "ASSETS" in item (B). II. 5. the words "Base

herd and draught animals "shall be replaced by the words" adult animals and their

the group ".



47. in annex No 1 in the "ASSETS" in item c.i.4. the word "Animals"

replaced by the words "Young and other animals and their group".



48. in annex No 4 in the "chart of class 5-costs" in the chart of the group 55

the word "depreciation, reserves, complex deferred expenses and provisions

items in operating costs "shall be replaced by" depreciation, provisions, comprehensive

accrued expenses and provisions in the operational area ".



49. in annex No 4 in the "chart of class 5-costs" in the chart of a group of 57

the word "reserves and provisions the financial costs" shall be replaced by

"Reserves and provisions in the financial field".



Article. (II)



Transitional provisions



1. the provisions of this order shall be used for the first time in the business unit accounting

periods beginning 1. January 2008 and later, if it is not in point 3

unless otherwise provided for.



2. the item "b. II. 5. Adult animals and their group "also contains

animals until the entry into force of this order in the

"(B). II. 5. Breeding and draught animals "and the entry" C.I. 4. Young and

other animals and their group "also contains animals reported to the

the time of entry into force of this Decree, under the heading "C.I. 4. The animals ', up to and

by the time of their disposal.



3. The provisions of article. I, points 22, 23 and 45 apply accounting unit for accounting

statements and the consolidated financial statements drawn up to 29. June 2008 and

at a later time.



Article. (III)



The effectiveness of the



This Decree shall enter into force on 1 January 2000. in January 2008, with the exception of

the provisions of article. I, points 22, 23 and 45, which enter into force on 29 April 2006.

June 2008.



Minister:



Ing. Kalousek in r.