Have news sent to your email every 14 days.
Unpublished Financial Statements: An Unnecessary Risk That Does Not Pay Off
AuditUnpublished Financial Statements: An Unnecessary Risk That Does Not Pay Off
The Smiling Crocodile School helps children with disabilities overcome adversity and acquire the necessary basic skills to increase their abilities and education.
We are pleased that Smiling Crocodile, our long-term audit client, has been selected for the 30th Jubilee Czech Television Advent Concerts charity program. We are keeping our fingers crossed for Smiling Crocodile and hope that the funds collected during the Advent Concert on 20 December at 5.30 pm on ČT1 will enable the charity to equip the new school and kindergarten. As we do each year, we will be giving them our Advent contribution and would love you to support this amazing charity alongside us at Advent time!
If you want to help us support these children, you can do so either at the Advent concert on Sunday or through the website https://www.smilingcrocodile.org/ - Darujme.cz.
Newsletter
Similar articles
|
6 min read
|
June 23, 2026
NI-75 Determining the Timing of Revenue Recognition
AuditIn the second half of April 2026, the National Accounting Council (hereinafter " NAC ") approved a draft interpretation regarding the determination of the...
Cryptocurrencies in Accounting as Intangible Assets
AuditThe popularity of cryptocurrencies has surged in recent years, leading more companies to consider how to report these digital currencies in their financial...
Current Developments in IFRS: Geopolitical Risks, Control over Entities, and Lease Simplification
IFRS & US GAAP AdvisoryThe ongoing evolution of economic conditions and the geopolitical environment brings a level of uncertainty that must be carefully reflected in financial...
Approved Interpretation I-53: Valuation of Securities and Equity Interests Using the Equity Method in Individual Financial Statements
AuditThe National Accounting Council (NAC) has approved Interpretation I-53 , which addresses the valuation of securities and equity interests using the equity...
IFRS 18: Presentation and Disclosure in Financial Statements
AuditIn April 2024, the International Accounting Standards Board (IASB) issued the new standard IFRS 18 Presentation and Disclosure in Financial Statements . This...
IFRS Updates Effective from 2025
AuditIn this article, we would like to introduce two recent updates in the field of IFRS: the amendment to IAS 21 and the IASB illustrative examples .
IFRS 20 – Regulatory Assets and Regulatory Liabilities
AuditThe IASB (International Accounting Standards Board) has introduced the new standard IFRS 20 Regulatory Assets and Regulatory Liabilities , which is set to...
NI-74 Valuation of Financial Investments in Contributions and Divisions by Separation
AuditAt the end of February, the National Accounting Council (NÚR) approved a draft interpretation for the public comment period regarding the valuation of...
New Accounting Act Passes First Reading
AuditOn March 12, 2026, the Chamber of Deputies discussed the new Accounting Act in its first reading. This is landmark legislation that will replace the existing...