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The True and Fair View in the European Union
[Věrný a poctivý obraz v Evropské unii]

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  • Marie Zelenková

Abstract

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.

Suggested Citation

  • Marie Zelenková, 2010. "The True and Fair View in the European Union [Věrný a poctivý obraz v Evropské unii]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2010(3), pages 101-110.
    • Handle: RePEc:prg:jnlcfu:v:2010:y:2010:i:3:id:79:p:101-110
    DOI: 10.18267/j.cfuc.79
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    References listed on IDEAS

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    1. David Alexander, 1993. "A European true and fair view?," European Accounting Review, Taylor & Francis Journals, vol. 2(1), pages 59-80.
    2. David Alexander, 1993. "A European true and fair view?," European Accounting Review, Taylor & Francis Journals, vol. 2(1), pages 17-46.
    3. David Alexander & Eva Jermakowicz, 2006. "A true and fair view of the principles/rules debate," Abacus, Accounting Foundation, University of Sydney, vol. 42(2), pages 132-164, June.
    4. David Alexander & Eva Eberhartinger, 2009. "The True and Fair View in the European Union," European Accounting Review, Taylor & Francis Journals, vol. 18(3), pages 571-594.
    5. Zeff, S. & Buijink, W.F.J. & Camfferman, K., 1999. "'True and fair' in the Netherlands : Inzicht or getrouw beeld?," Other publications TiSEM 3ac866a6-b154-4c2a-98fc-f, Tilburg University, School of Economics and Management.
    6. Peter Walton, 1997. "The true and fair view and the drafting of the Fourth Directive," European Accounting Review, Taylor & Francis Journals, vol. 6(4), pages 721-730.
    7. Karel Van Hulle, 1997. "The true and fair view override in the European Accounting Directives," European Accounting Review, Taylor & Francis Journals, vol. 6(4), pages 711-720.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    True and Fair View; Roman law; Common law; Generally accepted accounting principles; Věrný a poctivý obraz; Římské právo; Zvykové právo; Všeobecně uznávané účetní zásady;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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