Rozliczenia międzyokresowe czynne – kontrowersyjna pozycja bilansu
Assets allocated in time – controversial item of balance sheet

Summary/Abstract: There are two purposes of this article: first – to present the economic sense of a special accounting category – assets allocated in time (in English there is no equivalent for Polish RMC), second – to suggest changes to Polish accounting rules connected with their balance sheet recognition and disclosure. Assets allocated in time are a very controversial item of the balance sheet in Polish accounting practice. These assets can consist of three different categories: prepayments, deferred expenses and future receivables. Each of them has a different financial result in the future. Today, Polish Accounting Act has no detailed rules referring to these balance sheet items, which results in different practices used by Polish entities. If we want to reach comparability of financial statements in Polish practice we should change Polish accounting law by implementation of MSSF regulations on this matter.

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