Acta academica karviniensia, 2015 (vol. 15), issue 4
THE DEVELOPMENT OF INTERNAL MACROECONOMIC IMBALANCES IN EUROPEAN COUNTRIES IN THE PROCESS OF INTEGRATION
Pavla Bednářová, Vladimíra Hovorková Valentová
Acta academica karviniensia 2015, 15(4):5-17 | DOI: 10.25142/aak.2015.038 
The economic crisis has revealed the existence of significant and long persisting external and internal macroeconomic imbalances in European countries. The aim of the article is to evaluate the development of internal macroeconomic imbalances in 28 European countries in the course of the years 2004 - 2013, and to show whether this development is depend on the acquired degree of economic integration (common market, monetary union). Internal macroeconomic imbalances were defined on the basis of Macroeconomic Imbalances Procedures (MIP) Scoreboard. On the basis of the evaluation of the individual indicators development, it is possible to say that from...
THE ADOPTION OF IFRS 10 AND ITS IMPACT ON THE SCOPE OF CONSOLIDATION
Tereza Gluzová
Acta academica karviniensia 2015, 15(4):18-27 | DOI: 10.25142/aak.2015.039
Consolidated financial statements present aggregated information for a group formed by the parent company and its subsidiaries. The existence of control is the most important condition to determine the relationship between companies within the group. This article focuses on the adoption of a novelised control concept introduced by IFRS 10. Companies quoted on Prague and Warsaw stock exchanges were chosen to illustrate the impact of IFRS 10. The article provides an analysis of consolidated financial statements in a year of the adoption of IFRS 10 and a year immediately preceding. Summarized findings reveal whether IFRS 10 had a material impact on consolidated...
TAX RELIEFS OF INDIVIDUALS AS ONE OF THE ASPECTS OF PHILANTHROPY SUPPORT IN THE CZECH REPUBLIC
Jana Janoušková, Pavlína Kirschnerová
Acta academica karviniensia 2015, 15(4):28-40 | DOI: 10.25142/aak.2015.040
Tax relief is used more all less in all countries within the structure of personal income tax. They are focused on supporting desirable public policies and can be an inexpensive administrative tool. The purpose of this paper is to evaluate the effect of the tax deduction as a donation for individuals by income group graded according to the tax bases. Assess whether the tax relief performs the function for which it was established and whether it is one of the important factors affecting the philanthropy of individuals in the country. Methodically, the research relies on static analysis of secondary data from the years 2005 - 2013, provided by the financial...
THE ISOLATION OF SUB-SAHARAN FLOATING CURRENCIES
Gábor Dávid Kiss, Julianna Pontet
Acta academica karviniensia 2015, 15(4):41-53 | DOI: 10.25142/aak.2015.041
The paper tested contagion effects among free floating African currencies and Euro with a control variable like the Euro-pegged CFA Franc. Contagion should be based on deep trade, funding and political relationships which was valid for connections between African countries and such developed countries like the United States or the Eurozone. The theory suggests increased common movements under shock periods which were tested on a daily time series between 2000 and 2015, studying relationships under recession periods in the United States or the Eurozone or under days with extreme fluctuation. The results presented contagions only for the emerging South...
AN ANALYSIS OF MUNICIPAL INDEBTEDNESS
Veronika Linhartová, Ladislav Němeček
Acta academica karviniensia 2015, 15(4):54-66 | DOI: 10.25142/aak.2015.042
Municipal indebtedness has become a much debated issue in recent years. This paper analyzes debt development and structure for all the municipalities in the Czech Republic for the years 2001-2014 and examines the indebtedness of a selected sample of municipalities. The paper also evaluates the tools currently available to regulate municipal indebtedness. The methods and procedures used by the authors mainly involve research in professional literature and the analysis of available data on municipal indebtedness. The analysis was concerned primarily with municipalities that have been assessed in recent years as municipalities with a higher rate of economic...
INNOVATION OF THE PROCESS MANAGEMENT COST SYSTEM. ARE THE ABC AND THE BALANCED SCORECARD METHODS SUFFICIENT FOR THE COST MANAGEMENT?
Michal Mitáček
Acta academica karviniensia 2015, 15(4):67-79 | DOI: 10.25142/aak.2015.043
The aim of this article is to describe the cost process management using the ABC - Activity-Based Costing method. Based on the case study the implementation of the ABC method into an already used strategic management Balanced Scorecard method in the production company not only the implemented methods results, but also the critical implementation gaps and the methods for a complex costs management are shown. In the following part the addition of other possible managerial methods is designed that will lead to more precise cost management, as well as to monitoring and avoiding risks associated with the costs amount in connection with the company performance...
MUNICIPAL BUDGET OUTLOOKS: ARE THEY REALLY UTILISED?
Lucie Sedmihradská
Acta academica karviniensia 2015, 15(4):80-88 | DOI: 10.25142/aak.2015.044
The objective of the paper is to evaluate the role which the multi-year budget outlook has in the budgetary process and to explore its usage in the Czech municipalities. The analysis is based on the published multi-year budget outlooks in 131 Czech towns with more than 10 thousand inhabitants and two case studies. Compilation of the multi-year budget outlook in the Czech Republic is compulsory and its legal regulation allows a broad range of existing practice. Only about a half of the towns publishes a valid multi-year budget outlook on the Internet. The time span of the documents is evenly distributed between two to five years and the detail differs...
SIGNIFICANT IMPACTS FORMING THE ECONOMY OF STATE-FUNDED INSTITUTIONS
Michaela Strzelecká
Acta academica karviniensia 2015, 15(4):89-103 | DOI: 10.25142/aak.2015.045
The objective of the paper is to assess the impacts of the significant factors that shape the existence and economy of a state-funded institution. State-funded institutions are the most frequent units of the public sector and they are established to secure state services. These entities can be found, in particular, in the area of healthcare, social services, culture and education. The paper focuses on the basic elements that influence the existence, operation and economy of state-funded institutions in the area of education. In spite of the fact that these entities are largely subsidised and they are placed in the area of the non-profit sector, they...
VIDOVÁ, J., 2015. Investičné procesy a ich vplyv na investície do bývania
Oto Moravčík
Acta academica karviniensia 2015, 15(4):104-106 | DOI: 10.25142/aak.2015.046
List of Reviewers
Acta academica karviniensia 2015, 15(4):107