The process of scientific outcomes' evaluation used for the purposes of financing research institutions in Czech Republic is quite complicated and often unpredictable. The conditions under which scientific outcomes are evaluated often change ex post, thus causing significant problems to researchers. Therefore, the aim of this article is to propose a new methodology for evaluation of scientific outcomes in Czech Republic. The research compares two different methods of scientific outcomes' assessment applied by Czech public universities-the methodology of the Section for Science, Research and Innovation (SSRI) of the Government of Czech Republic and the requirements of Czech accounting legislation. More specifically, the number of scientific outcomes evaluated according to the SSRI is compared with the amount of intangible assets disclosed in their financial statements for the years 2008-2015. For this purpose, the multiple regression analysis is used. The results of this research confirm that the methodology used by the SSRI may, under certain conditions, be replaced by the amount of intangible assets disclosed according to the requirements of Czech accounting legislation. Generally speaking, despite having some weaknesses, accounting requirements seem to provide more stable results when evaluating scientific outcomes than the methodology used by the SSRI.

Intangible assets play an increasingly important role in business management as their proportion on total assets is rising. Their recognition and measurement in financial statements is often complicated and is dependent on the requirements of a given accounting regulation. Intangible assets also influence company performance in a considerable way. Therefore, the aim of this article is to analyse the disclosure of intangible assets, as well as, the relationship between intangible assets and given ratios describing company performance. To do so financial statements of large companies located in selected regions of the Czech Republic, which were published in years 2010-2015, are analysed. The established hypotheses are tested using the methods of the trend analysis and the simple regression. The results of this research confirm that the amount of intangible assets disclosed by analysed companies does change over time. In addition to that, it can be concluded that the existence of intangible assets does positively influence company performance measured by the given ratios.

The aim of the article is to evaluate performance of small and medium-sized companies in the textile industry located in the Liberec Region. The textile industry was chosen because of its importance in the Liberec Region in the past. The analysis is focused on the current performance of textile and clothing enterprises between the years 2013 and 2015. To do so, two different approaches are used. The first approach is based on the traditional measurement of performance using the accounting profit or loss. The second approach uses modern techniques, namely the Economic Value Added ratio (EVA). In both cases, the development of the values of both indicators is analysed over time. The research confirmed quite a substantial difference when measuring performance using the above mentioned approaches.