The changing organization of Czech accounting

Abstract

The paper draws on the organizational change literature in order to provide a theoretical framework for the post-Velvet Revolution changes in Czech accounting. The former system is modelled as an amalgam of interpretive schemes, design archetypes and subsystems. The former system is seen as coherent except in the area of audit. The points of change are economic and political disturbances which result in legal and institutional changes in accounting and auditing. In terms of the theory, these are the design archetypes of the new organization of accounting. Identifying ambiguities and contradictions, we argue that the new organization is on an unresolved excursion towards a new model. We also argue that although the change is of a second-order nature, it has been carried out with relatively little public discussion or participation.

The role of accounting and an intermediate subsidiary in the management control system

“…The salience of budgets and careful follow-ups also indicates that legitimated behavior in the corporation consists of fulfilling the targets and schedules in a logical manner. This partly resembles the traditions of the Soviet Union, where compliance with norms was stressed (Seal et al, 1995). SOX requirements make the definitions of legitimated behavior visible as actions need to be documented and the hierarchical relations are enforced.…”

“…Bailey, 1995;Enthoven et al, 1998). Compliance with norms was more important than the economic content of the reports (Seal et al, 1995), and cash-based accounting also relied on controlled prices, which made accounting information in the Western sense meaningless (e.g. Bailey, 1995).…”

Convergence with IFRS in an expanding Europe: progress and obstacles identified by large accounting firms’ survey

“…Rahman et al (2002) empirically support the idea that regulatory harmony can improve practice harmony. However, the EU regulation mandating IFRS adoption by listed Sucher, Seal, and Zelenka (1996), Holeckova (1996), Seal, Sucher, and Zelenka (1995) Bailey, Alver, Mackevicius, and Paupa (1995) Rooz, Sztano, and Sztano (1996); Clarkson, Fraser, Iles, and Weetman (1996), Boross, Clarkson, Fraser, and Weetman (1995) Bailey et al…”

Post-Socialist Transition and the Development of an Accountancy Profession in the Czech Republic

“…As the details of the new legislation are comprehensively described and interpreted elsewhere (Seal et al , 1995) , we will concentrate here on those aspects that are most significant for professional development . In general , there seem to be two ways by which the new legislation is helping professional development .…”