Posts by author: Tomáš Kachlík

Accounting 

The effective date of IFRS 18 is approaching. Are you ready? ‎

IFRS 18 Presentation and Disclosure in Financial Statements becomes effective in 2027 and ‎necessitates a full retrospective approach, meaning that comparative information for 2026 ‎must be prepared. All entiti… 

Accounting 

The Biggest Pitfalls of Adopting IFRS 16, which Addresses the Reporting of Leased Assets

Since 1 January 2019, IFRS 16 has been in effect. This standard substantially revised the accounting treatment applied by lessees to leased assets. For companies, this means more demanding work with data; the n…