Intangible assets and tangible assets in accounting in Czech Republic (accounting and tax view)

Intangible property and tangible investment goods constitute to be one of the most essential problems not only in the science of accounting but also in the sphere in taxation. That is the reason why this graduation thesis aims to offer a summary of the complete investment goods turnover starting from its acquisition and evaluation, continuing through its depreciation and finishing with its retirement. As its further aim this thesis tries to explain the difference between the investment goods and the low-value tangible assets. The last chapter is dedicated to the deferred tax which comes as a result of different tax and accounting depreciations. Examples from the practice give an additional depiction of the problem