07/10/2021 - 08/10/2021 - IFRS: Global Rules & Local Use – Beyond the Numbers

On October 7 and 8, 2021, was held the 9th annual international scientific conference "IFRS: Global Rules & Local Use - Beyond the Numbers", traditionally organized by the Department of International Business at the Metropolitan University Prague and the School of Business Administration at Anglo-American University. Due to the ongoing pandemic Covid-19, the conference was performed fully online on the MS Teams platform.



The conference was attended by more than 100 academics, professional experts, researchers and students, mainly from the Czech Republic, Slovakia, Poland, and Romania but also from Great Britain, Greece, Ireland, Turkey, Canada and Peru. The participants enriched the audience with their knowledge in the field of current reporting, accounting standards, methods of financing, implementation of IFRS in various areas of the private and public economic sector and international trade.

Specifically, the main topics included current issues arising from the impact of the COVID-19 pandemic on financial reporting and economics in general. More traditional topics related to the incorporation of international accounting standards into national accounting rules; CSR, sustainability and non-financial reporting; determining the value of companies in transitional markets; environmental and integrated reporting; IFRS training; professional ethics and the relationship between tax accounting systems; IFRS and controlling; financial reporting for small and medium-sized enterprises; impression management; IFRS and capital markets and many more.

All published papers underwent a two- and sometimes three-round review process. Presented papers are now undergoing the last upgrade after the conference negotiation before inclusion to conference proceedings. Proceedings will be published on the conference website and submitted to Clarivate for evaluation and inclusion to the Conference Proceedings Citation Index (CPCI), which is part of the Thomson Reuters (Clarivate) Web of Science database.

Many papers brought very interesting and current perspectives, which deserves further development into publishable format in scientific journals.

The ninth annual IFRS international conference met its expectations. It has further deepened the research and publication potential of all participants and contributed to the expansion of friendly relations between educators, researchers and practitioners from the field of finance and accounting at the international level.

We are looking forward to the next - the jubilee tenth - year of the IFRS conference in 2022.
IFRS conference organizing team


This year the conference hosted many important keynote speakers who also actively participated in discussions in sections. Among them were: prof. David Alexander, University of Birmingham; prof. Cathleen Nicolae Albu, Bucharest University of Economic Studies; prof. Eleftherios Thalassinos, University of Piraeus; Diego Norena-Chavez, from Lima Peru; prof. Luboš Smutka, Czech University of Life Sciences, Prague; prof. Erginbay Ugurlu, Istanbul Aydın University, prof. Bernadette Andreosso-O'Callaghan, University of Limerick and Dr. Peter Lerner from the AAU.

From professional speakers we hosted Dr Aleš Králík from the Ministry of Finance of the Czech Republic; on behalf of the Association of Chartered Certified Accountants for the Czech Republic, the inference invited Ing. Olga Cílečková and Ing. Miroslav Šmíd, both from the PwC Czech Republic.


"The focus of the conference" IFRS: GLOBAL RULES & LOCAL USE - BEYOND THE NUMBER "allowed to present a number of interesting contributions in the field of financial reporting, also with an overlap of tax aspects and cryptocurrencies. The conference thus created another pillar to support the newly established study program of Financial Management." "
Ing. Zita Drábková, Ph.D., MBA, Metropolitan University of Prague, Managing Director of TAXART CZ s.r.o., Tax advisor to KDP ČR

“Congratulations for your excellent preparation and execution of your yearly conference. I will participate with pleasure and honor presenting my latest research co-authored with Dr. Diego Norena-Chavez from Lima Peru. Thank you for your invitation. I am glad to participate.”
Prof. El. Thalassinos, PhD., MBA, DHC 2013, DHC 2015, DHC 2018, Prof. University of Piraeus, Affiliate Prof. University of Malta, Visiting Prof. Open University of Cyprus, European Chair Jean Monnet

“Thank you very much for the invitation and the opportunity to participate in the conference. According to the questions from the participants, it seems that capital markets are a very broad area but nowadays also very topical. Therefore, I hope our contribution was beneficial for the participants. In case of any questions from participants, they can contact me directly. Have a nice day”
Ing. Miroslav Šmíd, PwC, Pricewatehouse Coopers Audit s.r.o.

“I also join in thanking me for the great work at the next year's conference. It is very gratifying that the conference has become a certain "routine", i.e., that we already take its existence at the MUP for granted. I appreciate the cooperation with AAU and I also appreciate that the conference helps many colleagues from MUP in fading new opportunities for publishing activities.” 
JUDr. Marek Beneš, PhD., Director o.p.s., Metropolitan University Prague, o.p.s.


Dear conference participants, dear invited speakers, dear professors, dear colleagues, dear visitors, dear guests,

Thank you for bringing up new up-to-date topics and for delivering interesting addresses and presentations. Thank you for your discussions, comments, suggestions. Many thanks to reviewers of submitted papers for their dutiful work and to section chairs for managing their discussions. Many thanks to IT Support for their help in the conference preparation and their help during the sessions. And, last but not least, many thanks to the management of Metropolitan University for enabling the conference.

I believe, that we can now build on the interesting points and findings at our conference and continue with our research collaborations. This conference can be an impulse for new publications.

Thank you again for making this conference happen for nine years and we look forward to the next edition in 2022.

The preliminary agreed date for the next year is October 6 and 7, 2022.

We look forward to the forthcoming conference next year hopefully in the tace to face format!>

All the best
doc. Ing. Irena Jindřichovská, CSc. 
Conference Chair

Partners of the conference

Media Partner

Journal of Risk and Financial Management