M10 - Business Administration: GeneralReturn

The article deals with the quality of accounting data for business management. It has been suggested 12 the most important criterions that affect the quality of financial accounting data. These main criterions were further subdivided into three groups according to their mutual relation. Criterions within mentioned groups were evaluated by experts in order to determine their weights. For calculating the weightings of the particular criterions was used AHP method. Subsequently was proposed a rating scale for each criterion. The result is an integrated criterion (multicriteria evaluation model) for assessment the quality of accounting data for financial accounting. The evaluation was carried out on a sample of Czech firms with similar characteristics.

The paper focuses on the development of the Czech economy and the economic entities in the Czech Republic in the years 1990 - 2012. The first, the descriptive part follows the analysis of the development of economic entities and their interdependence on selected macroeconomic quantities represented growth of GDP at constant prices and the General unemployment rate. Special emphasis is placed on the birth and the death of joint-stock companies and limited liability companies. A noticeable increase in the number of economic entities at the time of expansion or significant decrease in a time of recession is not statistically proven.