Search results for query: Prewysz-Kwinto

1. Other Comprehensive Income (OCI) Influenced by the Covid-19 Pandemic – Illustrated with the Example of Entities Listed on the Warsaw Stock Exchange (GPW)
   

   Author: Piotr Prewysz-Kwinto

   See Issue Contents: fins.2022.1

   Abstract:

   The Covid-19 pandemic is undoubtedly this event that has had the strongest impact on the economic activity of companies in the last two years and was reflected in their financial statements. The aim of the study is to verify whether the effects of the Covid-19 pandemic are visible in the area of other comprehensive income presented in the statement of comprehensive income. The study fits into a wider trend of researches concerning financial information presented in this element of a financial statement but in connection with the current subject of the Covid-19 pandemic. The study presents the results of the research on OCI value in the statements of comprehensive income of 91 largest entities listed on the Warsaw Stock Exchange. The comparative analysis covered data from the pandemic period (2020-2021) and the year before it (2019).

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2. The impact of accounting and tax law concerning borrowing costs on the assessment of the financial leverage effect
   

   Author: Piotr Prewysz-Kwinto

   See Issue Contents: fins.2018.2

   Abstract:

   The aim of this paper is to present the impact of accounting and tax law concerning borrowing costs on the assessment of financial leverage effect. Due to the fact that these legal regulations require, in some cases, the recognition of borrowing costs not in the profit and loss account but in the value of assets, previously used methods for the identification of financial leverage effect do not always allow to draw the correct conclusions. Therefore, the paper proposes the necessary modification

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3. The educational role of the Accountants Association in Poland (AAP) after the deregulating of the profession
   

   Author: Katarzyna Świetla

   See Issue Contents: fins.2018.2

   Abstract:

   Due to the commonly perceived need to specialize in one professional activity, the role ofeducation is increasing. This includes accounting specializations which are important as professions ofpublic trust. In connection with such expectations, the role of education among professional groups ofaccounting professionals at all levels is increasing. The article presents the educational requirements forthe professional specialization on accounting against the IFAC International Education Standards and inthe context of the deregulation of the accountancy professions in Poland. As a solution to the problemsof appropriate education, the role of the Accountants Association in Poland (AAP) was pointed out,based on the courses provided by it, aimed at not only improving the qualifications of the individualswho are involved in accounting professionally, but also on the supporting ethics. The courses taughtwere analyzed in a cross-section of their participants in the years 2013-2016. The method adopted toachieve the intended purpose was the analysis of the available literature, the laws in force and the sourcesprovided by the AAP. On the basis of the research, it was found that despite the absence of mandatoryprofessional certification for accounting and bookkeeping, the professionals in this area do see the needfor continuous education and take diverse action to raise the quality of the services they provide

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4. The ACCA accreditation in Poland – accounting educators’ perspective
   

   Author: Michał Biernacki, Joanna Krasnodomska, Ewelina Zarzycka

   See Issue Contents: fins.2019.4

   Abstract:

   Organizations certifying accountants, such as the Association of Chartered Certified Accountants (ACCA), play an important role in strengthening their professional status. Being accredited by them has recently become the goal of many institutions which offer accounting programs. Our paper aims to investigate the impact of ACCA accreditation on the accounting education in Poland, as well as to identify the important aspects of the collaboration between ACCA and accounting educators. The findings are based on a survey conducted among 50 faculty members from seven Polish universities. According to the respondents the accreditation increases the prestige of the offered teaching programs and has an important impact on the organization of exams taken by the students participating in accredited courses. The ACCA engagement in collaboration with universities consists mostly in promotion of the accredited programs. Despite some limitation the study provides new insights into the problem of accounting education in the accreditation processes context

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