Valuation in Financial Accounting

The thesis presents an integrated review of current valuation methods of assets and liabilities within financial accounting. As a base for the analysis, it uses especially the Czech legal regulations and mentions international accounting standards. In the first part, it deals with the particular valuation bases. In the second part, it discusses the use of the mentioned bases for various types of assets and connected liabilities. Finally, it summarizes the key findings and conclusions while presenting the authors viewpoint of the problem