On 12 December 2025, the Ministry of Finance (then still headed by Zbyněk Stanjura) submitted the long‑awaited new Accounting Act, along with an accompanying act amending related legislation, to the Chamber of …
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 18 December 2025…
The version of the illustrative consolidated financial statements under IFRS Accounting Standards as adopted by the EU prepared by the Prague office of Deloitte is available on Deloitte’s website in both Czech …
This article provides a high-level overview of the new and revised IFRS® Accounting Standards effective for the December 2025 calendar year-end and subsequent accounting periods.
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 21 November 2025…
On 13 November 2025, the International Accounting Standards Board (IASB) issued 'Translation to a Hyperinflationary Presentation Currency (Amendments to IAS 21)'. The amendments are effective for annual periods…
On 2 September 2025, Act No. 317/2025 Coll. was published in the Collection of Laws, concerning the establishment and operation of a European single access point (ESAP). This Act introduced, among other things,…
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 30 September 2…
On 14 October 2025, the European Securities and Markets Authority (ESMA) announced the priority issues that the assessment of listed companies’ 2025 financial and sustainability statements will focus on.
On 9 July 2025, the Annual Improvements to IFRS Accounting Standards — Volume 11 were endorsed by the European Commission for use in the European Union. The EU’s effective date is the same as the IASB’s effec…