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Source: Journal Citation ReportsTM from ClarivateTM 2022

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2021-08-15  |  Accepted: 2021-10-15  |  Published: 2021-12-30

Title

Accounting aspects of revenues in double entry accounting of Slovakia and comparison with international accounting standards


Abstract

Revenue is the basic information needed to calculate the profit or loss of an entity that accounts in the underlying accounting system. The aim of the presented article is to point out the definition of revenues according to international accounting standards and their comparison with revenues in the Slovak Republic. The article is based on the requirements of the European Union and takes into account 2 assumptions: the accrual basis and the revenues according to IAS (for business entities) and IPSAS (for public administration entities). We used the method of comparison and the method of analysis. The article also contains the results of the control activities of the Financial Administration of the Slovak Republic, as revenues are the basic attribute for calculating the corporate income tax base. This is the initial phase of general analysis, in which we will continue with more detailed intentions in other published articles.


Keywords

revenues according to the legislation of the Slovak Republic, revenues according to IAS and IPSAS, register of financial statements, auditors of the Financial Administration of the Slovak Republic


JEL classifications

H83


URI

http://jssidoi.org/jesi/article/901


DOI


Pages

81-93


Funding

The paper is the output of a scientific project IGA no. 1/2021 “Modernizing the Business Areas in European Countries in the Current Challenges with the Aim of Ensure Sustainable Economic Growth” (Funder: VSEMvs IGA VSEMvs, i.e. School of Economics and Management in Public Administration).

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Víghová, Agneša
Bratislava University of Economics and Management, Bratislava, Slovakia http://www.vsemba.sk
Articles by this author in: CrossRef |  Google Scholar

Journal title

Entrepreneurship and Sustainability Issues

Volume

9


Number

2


Issue date

December 2021


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 2120  |  PDF downloads: 1007

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