Department of Finance and Accounting at the ŠAU won an international research project from CIMA in an open competition

Department of Finance and Accounting at the Škoda Auto University won an international research project from CIMA (Chartered Institute of Management Accountants) in an open competition titled "Contemporary Issues in Management Accounting and Control in Central and Eastern Europe."

Faculty members from Department of Finance and Accounting have secured another grant in the field of applied research, this time provided by the prestigious global organization CIMA. Jiří Strouhal and Josef Horák, along with colleagues from TalTech University in Estonia, Natalií Gurvitš-Suits and Tarmo Kadak, will address the topic "Readiness of Companies for New ESG Reporting Requirements: A Case Study of Czech and Estonia."

This 12-month project, led by Prof. Ing. Jiří Strouhal, Ph.D., will provide insights into the correlation between the implementation of ESG (Environmental, Social, and Governance) reporting and company value and financial performance. The outcome will include an evaluation of the knowledge of Czech and Estonian stakeholders regarding the new ESG requirements, which are already applicable to selected large listed companies but will be required for the majority of medium and large enterprises by 2028. An expected outcome of the project is also the integration of ESG reporting issues into the profile of graduates of the follow-up Master's degree program in Finance with a specialization in International Business.