Illustrative financial statements for a fictious company, fictious bank and fictious insurance company prepared in accordance with CZ GAAP decrees 500, 501 and 502, respectively, can be found in the Czech language here. PwC provides translations of the financial statements either to English or German.
|IFRS and Czech GAAP - Similarities and Differences (pdf 376 kB)
A group of PwC consultants has prepared the new issue of the study comparing two accounting frameworks: The International Financial Reporting Standards (IFRS) and Czech Accounting Standards. The publication provides summary and analysis of similarities and differences between IFRS (as at June 2008) and Czech GAAP (as at 1 January 2009).