IFRS EU endorsement process [June 2026]
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 19 June 2026.
Legal News [June 2026]: According to the Supreme Court, the implementation contract must correspond to the contract on the future …
The June selection of the Supreme Court's case law focuses on several interesting conclusions in the field of contract law, compensation for damages and civil proceedings. The Supreme Court ruled on the questio…
E-commerce is facing major customs changes. They will affect consumers, platforms and businesses
E-commerce has become one of the fastest-growing areas of international trade in recent years. This trend is particularly evident in the volume of shipments imported into the European Union. While around 1.4 bi…
IASB issued new standard IFRS 20
On 27 May 2026, the International Accounting Standards Board (IASB) published its new standard IFRS 20 ‘Regulatory Assets and Regulatory Liabilities'. IFRS 20 requires an entity that is subject to a regulatory …
New NAC Interpretation: How to account for spin-offs and non-cash contributions
In April 2026, the National Accounting Council (NAC) issued Interpretation I-54: Measurement of Financial Investments in Contributions and Spin-offs (the “Interpretation”), addressing practical issues in accoun…
TA CR THETA 2: Another opportunity for energy innovation
In August 2026, another public call under the THETA 2 programme, which is aimed at supporting applied research, experimental development and innovation in the energy sector, is expected to be announced. The pro…
TA CR PRODEF 2026: Defence innovations with application potential
The Technology Agency of the Czech Republic, in cooperation with the Ministry of Defence, has announced the second public call under the PRODEF programme (Sub-programme 2), which is aimed at supporting applied …
VAT news [June 2026]
The draft amendment to the Act on Registration of Sales, which passed the first reading in the Chamber of Deputies, abolishes the limitation on the acquisition of a passenger car representing the payer's fixed …
Changes in government economic migration programmes from 1 June 2026
From 1 June 2026, selected adjustments in government economic migration programmes will come into effect, which may be practically important for both employers and foreign workers and their advisers. The change…