IASB issued new standard IFRS 18
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 bill of the new accounting act has been published
On 15 January 2024, the Ministry of Finance of the Czech Republic published the bill of the new accounting act. The bill has been significantly changed since the last version published in November 2022, when it was submitted for internal and external comments.
The bill will now be examined by the Legislative Council of the Czech Government and its opinion will be published. After the bill is discussed by the Government, it should then be submitted to the Parliament of the Czech Republic. Therefore, the legislative process has continued, and we expect that the proposed law may yet change.
The text of the bill is available here.
We will inform you about the new accounting act in our following articles. In February, we also would like to invite you to Prague to the seminar Czech Accounting News: Know the New Accounting Act. For information about other events, not only in the field of accounting, please visit events.deloitte.cz.
