J 2016

Perception of Accountants and Accounting Profession in two Countries: Different Terms Economy and Culture.

KUBÍČKOVÁ, Dana and Irena JINDŘICHOVSKÁ

Basic information

Original name

Perception of Accountants and Accounting Profession in two Countries: Different Terms Economy and Culture.

Name in Czech

Perception of Accountants and Accounting Profession in two Countries: Different Terms Economy and Culture.

Authors

KUBÍČKOVÁ, Dana and Irena JINDŘICHOVSKÁ

Edition

International Journal of Economics and Business Administration, Řecko, International Strategic Management Association, 2016, 2241-4754

Other information

Language

English

Type of outcome

Článek v odborném periodiku

Field of Study

50205 Accounting

Country of publisher

Greece

Confidentiality degree

není předmětem státního či obchodního tajemství

Organization unit

University of Finance and Administration

Keywords (in Czech)

accounting profession; financial reporting; national environment; cultural differences

Keywords in English

accounting profession; financial reporting; national environment; cultural differences
Změněno: 7/9/2019 19:06, Ing. Dana Kubíčková, CSc.

Abstract

ORIG CZ

V originále

The aim of this study is to indicate the perception in the role of accountants and accounting profession in different national environments in particular in the Czech Republic and China. We suggest that the features of continental accounting system and its historical development are the reasons behind the specific features of accounting and accounting profession in the Czech Republic. At this juncture the main role of company accountants is assumed to be the tax calculation and tax optimization. On the other hand economic system, its development, cultural and historical conditions of the Peoples Republic of China (PRC) suggest different recourse. Here we assume that transformation of Chinese economic system to market principles and implementation of IFRS could cause changes in recognized accounting principles and country’s accounting profession and it could impact the economic system as a whole. Here can be seen many similar elements in both the national economies. In our study we want to verify if there are any differences in perception of accounting and accounting profession in Chinese companies in comparison to the Czech Republic. To assemble the opinions of respondents we use the questionnaire survey method. To evaluate the results of the investigation we use the statistical tests of correlation and F-test to test for the differences between the two sets of responses. Our results confirmed validity of our hypothesis of existence of different opinions depending on nationality of respondents. We found that there are differences in both opinions on the role of accountants in business and in position to selected business problems. Although the findings have several limitations, we can sum up that there exist some significant differences depending on the different national environment in the two countries.

In Czech

The aim of this study is to indicate the perception in the role of accountants and accounting profession in different national environments in particular in the Czech Republic and China. We suggest that the features of continental accounting system and its historical development are the reasons behind the specific features of accounting and accounting profession in the Czech Republic. At this juncture the main role of company accountants is assumed to be the tax calculation and tax optimization. On the other hand economic system, its development, cultural and historical conditions of the Peoples Republic of China (PRC) suggest different recourse. Here we assume that transformation of Chinese economic system to market principles and implementation of IFRS could cause changes in recognized accounting principles and country’s accounting profession and it could impact the economic system as a whole. Here can be seen many similar elements in both the national economies. In our study we want to verify if there are any differences in perception of accounting and accounting profession in Chinese companies in comparison to the Czech Republic. To assemble the opinions of respondents we use the questionnaire survey method. To evaluate the results of the investigation we use the statistical tests of correlation and F-test to test for the differences between the two sets of responses. Our results confirmed validity of our hypothesis of existence of different opinions depending on nationality of respondents. We found that there are differences in both opinions on the role of accountants in business and in position to selected business problems. Although the findings have several limitations, we can sum up that there exist some significant differences depending on the different national environment in the two countries.