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Economica

Vol. 14 No. 1-2 (2023)
Articles

Subsequent measurement models according to ifrs in bux index comapnies

Published:
2023-08-01
DOI Linkhttps://doi.org/10.47282/economica/2023/14/1-2/13484
Author
Mirjam Hamad
View
pdf (Hungarian)
Keywords
IFRS Historical cost model Revaluation model Fair value model
How To Cite
Selected Style: APA
Hamad, M. (2023). Subsequent measurement models according to ifrs in bux index comapnies. Economica, 14(1-2), 69-77. https://doi.org/10.47282/economica/2023/14/1-2/13484
Abstract

The main purpose of the research is to examine the models used for the subsequent measurement of property, plant and equipment, intangibles, and investment properties in the case of BUX index companies. Since the BUX index includes companies listed on the Budapest Stock Exchange, they must prepare their financial statements according to the International Financial Reporting Standards (hereinafter: IFRS). In my research, I examined the models used by the companies of the BUX index regarding the subsequent measurement. As a research question, I formulated whether the companies of the BUX index use a model similar to the model used in Hungarian accounting or take advantage of the transition to IFRS and instead use models that show assets at fair value in their books. The study points out that the routines of the evaluation methods used in the previous Hungarian accounting system remained even after the transition to IFRS.

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