The European Financial Reporting Advisory Group (EFRAG) updated its report showing the status of endorsement of each IFRS, including standards, interpretations, and amendments, most recently on 11 October 2024.…
Cybersecurity regulation today is becoming increasingly complex and companies are forced to adapt quickly to new requirements. We bring an overview of the current situation and upcoming changes in cybersecurity…
For some time now, we have been informing you about the preparations for the new Accounting Act and the related accompanying legislation, which, among other things, significantly amends the Income Tax Act. All …
The Top-Up Taxes Act came into force at the end of last year, requiring affected companies to disclose in their 2024 financial statements whether they will be liable for the top-up tax, and if so, how much they…
The ambiguity surrounding crypto-assets causes regulatory and administrative challenges for governments, businesses, and individuals worldwide. Tax authorities face a lack of information in the area of crypto-a…
The Ministry of Industry and Trade plans to announce a subsidy call for small and medium-sized enterprises in December this year to help them renovate outdated and technically inadequate buildings for use in to…
We bring an interesting final agenda decision issued by the IFRS Interpretations Committee in October 2024, which concerns the disclosure of revenues and expenses for reportable segments under IFRS 8 Operating …
The basic condition for claiming expenses in the implementation of research and development projects within the deductible item in the tax return is the correct and timely submission of the “Notification of int…
On 8 October 2024, the European Securities and Markets Authority (ESMA) published 'Clearing the smog: Accounting for Carbon Allowances in Financial Statements'.