10 tips for digitising transactions
There is probably no need to begin this article by talking about the benefits of going digital. Let's face it: digitisation is sexy, digitisation is necessary. Companies that are not trying to get their custome…
DAC 6: New questions and replies concerning the reporting obligation
On 21 June 2022, the tax administration issued the Completion of frequent questions and replies including practical examples in relation to the reporting obligation regarding reportable cross-border arrangement…
How to account for returnable containers?
We drew inspiration to write this article from an interesting judgment of the Supreme Administrative Court from April 2022 on accounting for returnable containers and a change in an accounting method.
Q&A: Employee stock ownership plans (ESOPs) in practice
An employee benefits trend of recent years has been employee incentive stock plans, especially in the technology sector. Find out the reason behind their introduction, what to look out for during the process, a…
IFRS EU endorsement process [June 2022]
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 2 May 2022.
New extracts from the ESMA database of IFRS decisions
In May 2022, the European Securities and Markets Authority (ESMA) published further extracts from its confidential database of enforcement decisions taken by European national enforcers.
Prepared calls for energy savings, innovations and other
The announcement of several long-expected calls is planned for the months of June and July. These calls will focus on innovations, energy savings, renewable resources and the decrease of emissions.
Environment for Life programme: preparation of the sixth call
The Czech Technology Agency announced the preparation of the sixth call to the Environment for Life Programme, which focuses on the support of environment-related applied research, experimental development and …
National Recovery Plan: Announcing the call to save water in industrial production
The Ministry of the Industry and Trade announced a call on 5 May 2022 to support sustainable water treatment in industrial plants. Total funds of CZK 1 billion are prepared for applicants from the Czech Republi…