Accounting Vouchers and Principles of Bookkeeping : Expectations in 21st Century
The current regulations and practices related to accounting vouchers and bookkeeping in Poland, including cross-cutting tax regulations, were assessed and compared with selected EU countries (France, Germany and UK). The study was undertaken at the...
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Format: | Working Paper |
Language: | English en_US |
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World Bank, Vienna
2016
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Online Access: | http://documents.worldbank.org/curated/en/2016/06/26468982/ http://hdl.handle.net/10986/24799 |
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okr-10986-24799 |
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recordtype |
oai_dc |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
TERRORISM ACCOUNTING PRINCIPLES HOLDING LIABILITY FOREIGN CAPITAL EQUIPMENT INTANGIBLE ASSETS ACCOUNTING WAREHOUSE ACCOUNTING PRACTICES LIQUIDATION INTERNATIONAL CAPITAL DEED STOCK VALUATION INFORMATION TECHNOLOGY SALES INTEREST DEPRECIATION FOREIGN ENTERPRISES PROPERTY RIGHTS OPTION EXCHANGE BANKING SYSTEM NOTARY TAX OBLIGATION SELLING REVENUES FINANCIAL STATEMENTS IMAGE SETTLEMENT PERIODS FINANCIAL STATEMENT ACCOUNTING THEORY TAX OWNERSHIP INCOME TAX QUALITY MARKET PRACTITIONERS BANKRUPTCY ACCOUNTING SOFTWARE REPORTING INTERNATIONAL BANK CREDITORS PENSION CASH FLOWS BILLS CREDIBILITY ACCOUNTING SERVICES FOREIGN MARKETS STATEMENT REQUIREMENTS SALE OF PROPERTY COMMERCIAL CODE CURRENCY CREDIT UNIONS ACCOUNTING POLICIES CONTRACTS PERSONAL INCOME FOREIGN CURRENCIES SOCIAL INSURANCE FUND TRADING OPTIONS INVESTMENT FUNDS GLOBALIZATION CRITERIA MARKETS DEBT FINANCIAL REPORTING RETURN STATUTORY AUDITORS SETTLEMENT PUBLIC FINANCE FINANCIAL YEARS LOANS BILLING INVENTORY PENSION FUNDS FINANCIAL SYSTEM DUE DILIGENCE ACCOUNT FINANCE FOREIGN CURRENCY TAXES CIVIL CODE TRANSACTIONS RESOURCES EQUITY INCOME TAXES TRANSACTION AUDITED FINANCIAL STATEMENTS VALUE OF ASSETS GOOD FRAUD ACCOUNTANTS AUDITORS EXPENSES CASH TRANSACTIONS BILLS OF EXCHANGE TURNOVER FUTURE PENSIONS CASH PAYMENTS RETURNS ACCOUNTANCY CONTRACT MAINTENANCE AMORTIZATION PROPERTY ISSUANCE COST ACCOUNTANT INVENTORY OF ASSETS BALANCE SHEET MARKET FINANCIAL REPORTING STANDARDS TRADE UNIONS COMMERCIAL CONTRACTS ACCOUNTING DOCUMENTS SECURITIES POOLING OF INTERESTS COMMERCIAL LAW ACCOUNTING STANDARD ACCOUNTING SYSTEMS INSURANCE BOOKKEEPING CURRENCIES PAYROLL INTERESTS GOODS FIXED ASSETS SECURITY LEGAL SYSTEM INTANGIBLE BANK LOANS ACCOUNTING STANDARDS DURABLE FINANCIAL MARKET STOCKS LOSS STATEMENT INVESTMENT BUSINESS SHARE IMMOVABLE PROPERTY BALANCE SHEETS FINANCIAL INFORMATION ACCOUNTING PROCEDURES FUND ACCOUNTING PAYROLL RECORDS COOPERATIVES REVENUE PROFIT CASH BALANCES ACCOUNTS CHECK AUDIT INSURANCE COMPANIES EXCHANGE RATE BANKING LAW CUSTOMERS PHYSICAL SECURITY SECURITIES LAW LIMITED LIABILITY LIABILITIES COMMON LAW ACCOUNTING RECORDS IMPLEMENTATION GUARANTEE AUDITING TAX OBLIGATIONS |
spellingShingle |
TERRORISM ACCOUNTING PRINCIPLES HOLDING LIABILITY FOREIGN CAPITAL EQUIPMENT INTANGIBLE ASSETS ACCOUNTING WAREHOUSE ACCOUNTING PRACTICES LIQUIDATION INTERNATIONAL CAPITAL DEED STOCK VALUATION INFORMATION TECHNOLOGY SALES INTEREST DEPRECIATION FOREIGN ENTERPRISES PROPERTY RIGHTS OPTION EXCHANGE BANKING SYSTEM NOTARY TAX OBLIGATION SELLING REVENUES FINANCIAL STATEMENTS IMAGE SETTLEMENT PERIODS FINANCIAL STATEMENT ACCOUNTING THEORY TAX OWNERSHIP INCOME TAX QUALITY MARKET PRACTITIONERS BANKRUPTCY ACCOUNTING SOFTWARE REPORTING INTERNATIONAL BANK CREDITORS PENSION CASH FLOWS BILLS CREDIBILITY ACCOUNTING SERVICES FOREIGN MARKETS STATEMENT REQUIREMENTS SALE OF PROPERTY COMMERCIAL CODE CURRENCY CREDIT UNIONS ACCOUNTING POLICIES CONTRACTS PERSONAL INCOME FOREIGN CURRENCIES SOCIAL INSURANCE FUND TRADING OPTIONS INVESTMENT FUNDS GLOBALIZATION CRITERIA MARKETS DEBT FINANCIAL REPORTING RETURN STATUTORY AUDITORS SETTLEMENT PUBLIC FINANCE FINANCIAL YEARS LOANS BILLING INVENTORY PENSION FUNDS FINANCIAL SYSTEM DUE DILIGENCE ACCOUNT FINANCE FOREIGN CURRENCY TAXES CIVIL CODE TRANSACTIONS RESOURCES EQUITY INCOME TAXES TRANSACTION AUDITED FINANCIAL STATEMENTS VALUE OF ASSETS GOOD FRAUD ACCOUNTANTS AUDITORS EXPENSES CASH TRANSACTIONS BILLS OF EXCHANGE TURNOVER FUTURE PENSIONS CASH PAYMENTS RETURNS ACCOUNTANCY CONTRACT MAINTENANCE AMORTIZATION PROPERTY ISSUANCE COST ACCOUNTANT INVENTORY OF ASSETS BALANCE SHEET MARKET FINANCIAL REPORTING STANDARDS TRADE UNIONS COMMERCIAL CONTRACTS ACCOUNTING DOCUMENTS SECURITIES POOLING OF INTERESTS COMMERCIAL LAW ACCOUNTING STANDARD ACCOUNTING SYSTEMS INSURANCE BOOKKEEPING CURRENCIES PAYROLL INTERESTS GOODS FIXED ASSETS SECURITY LEGAL SYSTEM INTANGIBLE BANK LOANS ACCOUNTING STANDARDS DURABLE FINANCIAL MARKET STOCKS LOSS STATEMENT INVESTMENT BUSINESS SHARE IMMOVABLE PROPERTY BALANCE SHEETS FINANCIAL INFORMATION ACCOUNTING PROCEDURES FUND ACCOUNTING PAYROLL RECORDS COOPERATIVES REVENUE PROFIT CASH BALANCES ACCOUNTS CHECK AUDIT INSURANCE COMPANIES EXCHANGE RATE BANKING LAW CUSTOMERS PHYSICAL SECURITY SECURITIES LAW LIMITED LIABILITY LIABILITIES COMMON LAW ACCOUNTING RECORDS IMPLEMENTATION GUARANTEE AUDITING TAX OBLIGATIONS Olszewska, Irena Wołczyńska, Monika Accounting Vouchers and Principles of Bookkeeping : Expectations in 21st Century |
geographic_facet |
Poland |
description |
The current regulations and practices
related to accounting vouchers and bookkeeping in Poland,
including cross-cutting tax regulations, were assessed and
compared with selected EU countries (France, Germany and
UK). The study was undertaken at the request of the Polish
Ministry of Finance, and funded under the Financial
Reporting Technical Assistance Program (FRTAP), to
contribute to efforts to enhance harmonization with other
relevant regulations, reduce unnecessary requirements and
red tape for entities (especially SMEs and micro entities),
and to reflect current and potential future technology
changes whilst retaining control over diligence and quality
of bookkeeping. The content, quality and scope of
legislation in this area was found to be generally good. In
contrast to the other countries studied, however, it takes a
detailed, prescriptive approach. The report suggests moving
away from setting detailed requirements and towards the
development of a clear general framework. This would help
preserve the quality of bookkeeping and accounting practices
but reduce the need for continuous amendments to regulations
to keep pace with changing circumstances, for example
technological changes. It would also create space for more
liberalization and greater flexibility for market
practitioners and would be in keeping with the approach
adopted in the other countries looked at. The report
identifies gaps and inconsistencies in the areas of
accounting policy and maintenance of books; accounting
vouchers; financial statements; storage; provision of
bookkeeping services; and information technology (IT) and
makes a number of suggestions to address these. |
format |
Working Paper |
author |
Olszewska, Irena Wołczyńska, Monika |
author_facet |
Olszewska, Irena Wołczyńska, Monika |
author_sort |
Olszewska, Irena |
title |
Accounting Vouchers and Principles of Bookkeeping : Expectations in 21st Century |
title_short |
Accounting Vouchers and Principles of Bookkeeping : Expectations in 21st Century |
title_full |
Accounting Vouchers and Principles of Bookkeeping : Expectations in 21st Century |
title_fullStr |
Accounting Vouchers and Principles of Bookkeeping : Expectations in 21st Century |
title_full_unstemmed |
Accounting Vouchers and Principles of Bookkeeping : Expectations in 21st Century |
title_sort |
accounting vouchers and principles of bookkeeping : expectations in 21st century |
publisher |
World Bank, Vienna |
publishDate |
2016 |
url |
http://documents.worldbank.org/curated/en/2016/06/26468982/ http://hdl.handle.net/10986/24799 |
_version_ |
1764457531846950912 |
spelling |
okr-10986-247992021-04-23T14:04:23Z Accounting Vouchers and Principles of Bookkeeping : Expectations in 21st Century Olszewska, Irena Wołczyńska, Monika TERRORISM ACCOUNTING PRINCIPLES HOLDING LIABILITY FOREIGN CAPITAL EQUIPMENT INTANGIBLE ASSETS ACCOUNTING WAREHOUSE ACCOUNTING PRACTICES LIQUIDATION INTERNATIONAL CAPITAL DEED STOCK VALUATION INFORMATION TECHNOLOGY SALES INTEREST DEPRECIATION FOREIGN ENTERPRISES PROPERTY RIGHTS OPTION EXCHANGE BANKING SYSTEM NOTARY TAX OBLIGATION SELLING REVENUES FINANCIAL STATEMENTS IMAGE SETTLEMENT PERIODS FINANCIAL STATEMENT ACCOUNTING THEORY TAX OWNERSHIP INCOME TAX QUALITY MARKET PRACTITIONERS BANKRUPTCY ACCOUNTING SOFTWARE REPORTING INTERNATIONAL BANK CREDITORS PENSION CASH FLOWS BILLS CREDIBILITY ACCOUNTING SERVICES FOREIGN MARKETS STATEMENT REQUIREMENTS SALE OF PROPERTY COMMERCIAL CODE CURRENCY CREDIT UNIONS ACCOUNTING POLICIES CONTRACTS PERSONAL INCOME FOREIGN CURRENCIES SOCIAL INSURANCE FUND TRADING OPTIONS INVESTMENT FUNDS GLOBALIZATION CRITERIA MARKETS DEBT FINANCIAL REPORTING RETURN STATUTORY AUDITORS SETTLEMENT PUBLIC FINANCE FINANCIAL YEARS LOANS BILLING INVENTORY PENSION FUNDS FINANCIAL SYSTEM DUE DILIGENCE ACCOUNT FINANCE FOREIGN CURRENCY TAXES CIVIL CODE TRANSACTIONS RESOURCES EQUITY INCOME TAXES TRANSACTION AUDITED FINANCIAL STATEMENTS VALUE OF ASSETS GOOD FRAUD ACCOUNTANTS AUDITORS EXPENSES CASH TRANSACTIONS BILLS OF EXCHANGE TURNOVER FUTURE PENSIONS CASH PAYMENTS RETURNS ACCOUNTANCY CONTRACT MAINTENANCE AMORTIZATION PROPERTY ISSUANCE COST ACCOUNTANT INVENTORY OF ASSETS BALANCE SHEET MARKET FINANCIAL REPORTING STANDARDS TRADE UNIONS COMMERCIAL CONTRACTS ACCOUNTING DOCUMENTS SECURITIES POOLING OF INTERESTS COMMERCIAL LAW ACCOUNTING STANDARD ACCOUNTING SYSTEMS INSURANCE BOOKKEEPING CURRENCIES PAYROLL INTERESTS GOODS FIXED ASSETS SECURITY LEGAL SYSTEM INTANGIBLE BANK LOANS ACCOUNTING STANDARDS DURABLE FINANCIAL MARKET STOCKS LOSS STATEMENT INVESTMENT BUSINESS SHARE IMMOVABLE PROPERTY BALANCE SHEETS FINANCIAL INFORMATION ACCOUNTING PROCEDURES FUND ACCOUNTING PAYROLL RECORDS COOPERATIVES REVENUE PROFIT CASH BALANCES ACCOUNTS CHECK AUDIT INSURANCE COMPANIES EXCHANGE RATE BANKING LAW CUSTOMERS PHYSICAL SECURITY SECURITIES LAW LIMITED LIABILITY LIABILITIES COMMON LAW ACCOUNTING RECORDS IMPLEMENTATION GUARANTEE AUDITING TAX OBLIGATIONS The current regulations and practices related to accounting vouchers and bookkeeping in Poland, including cross-cutting tax regulations, were assessed and compared with selected EU countries (France, Germany and UK). The study was undertaken at the request of the Polish Ministry of Finance, and funded under the Financial Reporting Technical Assistance Program (FRTAP), to contribute to efforts to enhance harmonization with other relevant regulations, reduce unnecessary requirements and red tape for entities (especially SMEs and micro entities), and to reflect current and potential future technology changes whilst retaining control over diligence and quality of bookkeeping. The content, quality and scope of legislation in this area was found to be generally good. In contrast to the other countries studied, however, it takes a detailed, prescriptive approach. The report suggests moving away from setting detailed requirements and towards the development of a clear general framework. This would help preserve the quality of bookkeeping and accounting practices but reduce the need for continuous amendments to regulations to keep pace with changing circumstances, for example technological changes. It would also create space for more liberalization and greater flexibility for market practitioners and would be in keeping with the approach adopted in the other countries looked at. The report identifies gaps and inconsistencies in the areas of accounting policy and maintenance of books; accounting vouchers; financial statements; storage; provision of bookkeeping services; and information technology (IT) and makes a number of suggestions to address these. 2016-08-04T15:14:50Z 2016-08-04T15:14:50Z 2015-01 Working Paper http://documents.worldbank.org/curated/en/2016/06/26468982/ http://hdl.handle.net/10986/24799 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Vienna Publications Research Publications & Research :: Working Paper Poland |