Scholarly record
THE EFFECT OF TANGIBLE ASSETS DISPOSAL ON BUSINESS PERFORMANCE OF AN ENTERPRISE PURSUANT TO CZECH ACCOUNTING LEGISLATION
Abstract
The main goal of the paper is to analyze the influence of the tangible assets retirement/disposal on business performance of an enterprise pursuant to the Czech accounting legislation. Firstly the "tangible assets" term is defined in accordance with the currently effective legislation (accounting and tax). Then options of retirement/disposal due to various reasons are explained and last but not least the impacts of these individual methods of retirement/disposal are analyzed in relation to economic (business) performance of an enterprise. The consequences/effects of this process are analyzed from the economic, accounting as well as tax perspective. In order to dispose an asset completely from the accounting records, it must meet the applicable criteria for disposal. At first it is necessary to analyze its technical condition and then suggest options for its further efficient use, if possible. Should it be impossible or appropriate to use the asset further, it may be disposed. The paper is also aimed at the process of liquidation/settlement of insured events that resulted in tangible asset disposal. Such events are often caused by employees or third parties. The last part of the paper is focused on various methods of tangible assets disposal and their impact on tax burden and business performance of an enterprise.
Publication Impact Profile
- Captures
- Mendeley - Readers: 2
Publication details
ReferencesPending
Structured references will appear here after the reference import pass. The count is preserved now so the scholarly record is not incomplete.
View or Download full articleAccess options
SWS access login
Login as SWS Scientific CommitteeLogin as SWS Scientific PartnerLogin as SWS AuthorAuthors and approved SWS contributors will read and export their own linked papers after identity matching by SWS profile, email and SGEM GlobalID.
For librarian assistance: [email protected]
Purchase Instant Access
- Article can be downloaded after successful payment.
- Article may be used according to SWS library access terms.
- Article cannot be redistributed.
