On 24 October 2024, the European Securities and Markets Authority (ESMA) announced the priority issues that the assessment of listed companies' 2024 financial and sustainability statements will focus on.
The Top-Up Taxes Act came into force at the end of last year, requiring affected companies to disclose in their 2024 financial statements whether they will be liable for the top-up tax, and if so, how much they…
We bring an interesting final agenda decision issued by the IFRS Interpretations Committee in October 2024, which concerns the disclosure of revenues and expenses for reportable segments under IFRS 8 Operating …
On 8 October 2024, the European Securities and Markets Authority (ESMA) published 'Clearing the smog: Accounting for Carbon Allowances in Financial Statements'.
In the Chamber of Deputies of the Czech Republic, the new Parliamentary Document no. 783, amending Act no. 416/2023 Coll., on Top-Up Taxes for Large Multinational Enterprise Groups and Large-Scale Domestic Gro…
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…
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 version of the illustrative consolidated financial statements under IFRS Accounting Standards as adopted by the EU prepared by the Prague office of Deloitte is available on Deloitte’s website in both Czech …
This article provides a high-level overview of the new and revised IFRS® Accounting Standards that are effective for the December 2023 calendar year-end and subsequent accounting periods.