IFRS EU Endorsement Process – June
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 28 March 2019.
New Deloitte Climate Change Website
On 12 June 2019, Deloitte, in collaboration with the Institute of Chartered Accountants in England and Wales (ICAEW), launched a dedicated climate change website and video learning programme.
All Listed Companies in the EU Will Submit Their Annual Financial Statements Digitally from 1 January 2020
On 3 June 2019, the European Commission put forward new rules to support the digitalisation of corporate reporting and to achieve greater transparency of the yearly information disclosed by companies listed in …
Amended Interpretation of the National Accounting Council for Stock-count Differences on Inventories and Fixed Assets
In this article, we will briefly summarise the main features of Interpretation I-39 of the National Accounting Council entitled “Stock-count Differences on Inventories and Fixed Assets”.
In Brief from International Taxation – June
Austria is considering introducing the digital service tax as of 1 January 2020. Based on the CJEU the national courts are not eligible to determine if certain requirements of a state aid regime are compatible …
The Latest Schedule of the OP PIK Calls
The table below presents the latest schedule of the calls under the Business and Innovations for Competitiveness Operational Programme (“OP PIK”) that has already been announced, or will be announced in the nea…
VAT News in June
With regard to the changes in the conditions of cross-border trading with goods in the EU from January 2020, the European Commission has published material with a description of selected aspects of the new rule…
A New Transfer Pricing Guidance and the Czech Translation of the OECD Guidelines
The General Financial Directorate (the “GFD”) issued new Guidance D-34 on the application of international standards to the taxation of related party transactions. This guidance replaces existing Guidance D-332…
Energy Savings and Renewable Energy Programmes
In early July, the Ministry of Industry and Trade of the Czech Republic is going to publish several calls focusing on the treatment of energy resources. Specifically, this will involve the Energy Savings and Re…