Posts by author: Iva Lázničková

Accounting 

How to manage foreign exchange gains or losses

The ambiguous treatment of foreign exchange revaluation in Czech legislation is one of the reasons why we encounter in practice a number of errors arising from incorrectly set accounting procedures. Evidence of… 

Accounting 

The interpretation of the National Accounting Board gained the acknowledgement of the Supreme Administrative Court once again

In mid-February, just when most companies are in the process of preparing their financial statements, the Supreme Administrative Court came to a conclusion in an accounting and tax dispute regarding the transla…