On 23 March 2026, the National Accounting Council approved a new Interpretation I-53 Accounting for investments using the equity method in separate financial statements. In the following article, we summarise t…
The following article briefly summarises the key points of the new National Accounting Council’s interpretation I-46: the accounting treatment of free business and settlement shares in limited liability compani…
The Czech National Accounting Council has approved the new interpretation I-46 (“the Interpretation”) on the accounting treatment of free business and settlement shares in companies with limited liability and a…
The following article briefly summarises the main points of the new interpretations of the National Accounting Council I-44 ‒ Reporting of an Investment in a Non-profit Corporate Entity in Investor’s Assets and…
In this article, we will briefly summarise the main features of Interpretation I-40 of the National Accounting Council entitled “Reporting of Intangible Results of Research and Development”.
The Supreme Administrative Court of the Czech Republic issued judgment No. 7 Afs 365/2018-62, which deals with the moment from which an entity is to capitalize the costs of acquisition into the value of the tan…
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 this article, we will briefly summarise the main features of Interpretation I-38 of the National Accounting Council entitled “Accounting Treatment of the Sale of Equity Investments in Subsidiaries in Consoli…
Today’s issue of Accounting News will briefly summarise the main points of Interpretation I-37 of the National Accounting Council ‘Accruals and Deferrals and Foreign Currency’.