SELECTED ISSUES OF SUBSIDIES ACCOUNTING

This article deals with an issue of subsidies accounting by accounting units. The basic aim of accounting according to the Law of accounting is to give a true and fair view of reality. Some of procedures and methods are formulated in this law or in other regulations, but most of common accounting transactions are given by generally ingrained practices. This article analyzes the situation, when the accounting unit gains the subsidy from instituion of public sector. This situation is both relatively common and for many accounting units also important. There are indicated possible procedures how to solve this situation in accounting system in this article, as well as the most common mistakes, which occure in praxis.