Český finanční a účetní časopis 2010(3):101-110 | DOI: 10.18267/j.cfuc.79

The True and Fair View in the European Union

Marie Zelenková
Ing. Marie Zelenková, Ph.D. - odborná asistentka; Katedra finančního účetnictví a auditingu, Fakulta financí a účetnictví, Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3; <zelenm@vse.cz >.

The main topic of my article is a discussion of the paper of David Alexander and Eva Eberhartinger. Authors of this paper explored the issue of the true and fair view as an overriding principle within the European Union, via a legally based analysis of the relationship between EU and national laws. The true and fair override remains central to European Union Directives, and its importance was confirmed by the IASB in its 2007 revision of IAS 1 (see paras. BC 23 - 30). They (authors) applied the supremacy of European law to methods of incorporating the true and fair view into national legislation, using Austria as a detailed case study.

Keywords: True and Fair View; Roman law; Common law; Generally accepted accounting principles.
JEL classification: M41

Published: October 1, 2010  Show citation

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Zelenková, M. (2010). The True and Fair View in the European Union. Czech Financial and Accounting Journal, 2010(3), 101-110. doi: 10.18267/j.cfuc.79
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    References

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    2. Alexander D. - Eberhartinger, E. (2009): The True and Fair View in the European Union. European Accounting Review, 2009, roč. 18, č. 3, s. 571-594. Go to original source...
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