Použití XBRL pro vykazování účetních závěrek v ČR

The master thesis deals with the potential use of the unified XBRL taxonomy for reporting financial statements in the Czech Republic. The theoretical part contains information about XML formats and XBRL taxonomy. Furthermore, the theoretical part describes the current procedures of disclosing financial statements in the public Register and related requirements of the Czech Republic and the European Union. At the end of the theoretical part, an evaluation of the current state of disclosure of accounting data is performed, which is evaluated as ineffective. Based on the findings above, arguments are written for and against the implementation of XBRL in Czech reporting. The practical part proposes, among other things, to create own taxonomy XBRL CR, data warehouse and adjust legislation, which are the necessary steps to implement XBRL for the needs of disclosure of financial statements in the Czech Republic. At the same time, the expenses related to this process and the subsequent benefits resulting from the use of a uniform taxonomy are presented. The conclusion of the master thesis is the evaluation of the feasibility of implementing XBRL in the Czech Republic.