Międzynarodowe Standardy Rachunkowości w Ocenie Kondycji Finansowej Podmiotów Gospodarczych

Abstract

The article describes the impact of International Accounting Standards on the assessment of the financial condition of business entities. In Poland, the provisions of the Accounting Act are mandatory. In the absence of regulations in the Act, the company should be guided by national accounting standards, and only then by International Accounting Standards. However, all companies listed on the stock exchanges of the Member States of the European Union, and thus also on the Warsaw Stock Exchange, must prepare consolidated financial statements in accordance with IFRS. The Polish Accounting Act also imposed this requirement on all banks. For this reason, IAS have a very large impact on the assessment of the financial condition of these entities. CZU: 006.322:657(438); JEL: M40, M41; DOI: https://doi.org/10.53486/issc2023.33