Transparentnost objavljivanja računovodstvenih politika u Republici Srpskoj
Transparency of disclosure of accounting policies in the Republic of Srpska

Summary/Abstract: The choice of accounting policies can significantly impact the reported values in financial statements. To ensure that users of financial statements have a better understanding of the extent to which financial results are determined by the applied accounting policies, it is necessary for information about these policies to be clear, understandable, and accessible. Results obtained from a sample of 12 companies, which make up the stock index of the Banja Luka Stock Exchange, suggest that the transparency of applied accounting policies among reporting entities in the Republic of Srpska is moderate. Content analysis of notes to financial statements, using a developed index for measuring transparency, showed that companies disclose information about accounting policies, but without detailed analysis of the reasons for choosing such policies or their impact on financial indicators. Additionally, there are significant variations in transparency between individual accounting policies.

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