New National Accounting Standards Board’s Interpretation I-50
The following article briefly summarises the main points of the National Accounting Standards Board’s new Interpretation I-50 Deferred Tax and Exchange Differences Excluded from Taxation.
What Does the RTS on SCA Bring with Regard to Statutory Audits?
Regulatory technical standards for strong customer authentication (the “RTS to SCA”), which entered into force on 14 September 2019, brought about a number of new obligations to payment service providers, inclu…
ESMA has announced Enforcement Priorities for 2019 Financial Statements
On 27 October 2019, the European Securities and Markets Authority (ESMA) announced the priority issues that the assessment of listed companies' 2019 financial statements will focus on.
Insurance update: the Czech National Bank published answers to the most frequent questions regarding certain provisions of the Act…
On 27 September 2019, the Czech National Bank (the “CNB”) published responses to the most frequent questions (“FAQ”)regarding Act No. 170/2018 Coll. on the Distribution of Insurance and Reinsurance, as amended …
Digital currencies and their issues in the tax and legal world
With the increasing popularity of digital currency, also called cryptocurrencies, there is a growing number of issues related to their legal definition, accounting and taxation. Recently, some indications have …