On April 30, 2024, the Chamber of Deputies referred Parliamentary Document No. 570 to the Senate. The Document contains, among other things, expected amendments to the laws governing the payment of insurance pr…
On 3 May 2024, the General Financial Directorate (GFD) published on its website an update of the Czech Statistical Office’s opinions on the classification of some activities according to the CZ-NACE classificat…
On 9 April 2024, the International Accounting Standards Board (IASB) published its new standard IFRS 18 Presentation and Disclosures in Financial Statements that will replace IAS 1 Presentation of Financial Sta…
The following article briefly summarises the main points of the new interpretation of the National Accounting Board I-49 “Recognition and Measurement of Liquid Valuables”.
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 17 April 2024.
In Europe as well as in America, the requirements on sustainability and climate reporting are being finalised. A newly published rule of SEC requires registrants to publish disclosures related to climate in the…
The Ministry of Industry and Trade has published a call for Innovations under the Operational Programme Technologies and Applications for Competitiveness (OP TAC). The programme offers a subsidy opportunity for…
Misconduct of an officer of a local authority, breach of an employee's duties in the case of unexcused absence, the obligation of the general meeting to provide an explanation to the owners, or a declaratory le…
At the end of the last year, the attention of the expert community was alerted by the judgement of the Municipal Court in Prague, which sided with a taxpayer in a dispute with the tax administration over the ru…