On January 1, 2016, the new lower limits for the mandatory preparation of consolidated financial statements entered into force. As a result, the number of...
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A consolidate financial statement portrays the financial situation of a group of companies as one whole. To find out more, you can read an interview with...
The term “audit” has been mentioned very often recently. On the general level, this term now conceals a number of various services, from financial audit, to...
A natural disposition of every management of a company is to create such a management tool that would prevent the emergence of unexpected losses as much as...
The changes made to the Act on Accounting brought with itself the obligation for small and medium accounting entities to put together and publish cash flow...
As many of you - who concern themselves with financial statements – have noticed, there have been several changes made to what auditor’s reports of financial...
The balanced scorecard method (BSC for short), which we introduced in the previous article, is a tool for measuring performance efficiency of a company while...
Do you have more companies, or are you a part of a business group? What is the right time to look at your business as a coat with many pockets?
The calendar year 2016 is behind us already and now comes the time for most companies, when they will be drawing up the financial statement “in a new way”...
As we have said in the previous issue of our newsletter, we have prepared a new series on items in the profit and loss account. We are now coming with a...
Although it may seem that accounting for sales of products in e-shops is not very different from accounting for sales in real retail stores, the opposite is...
Most accounting departments will only be drawing up financial statements according to the reporting requirements of an amendment of the accounting act from...
The moment, when an accounting entity accounts for a taking (revenue) is of substantial importance both from the perspective of the accounting and from the...
As the end of the year approaches, the end of the accounting period is also coming for a number of companies, and with it the duty to draw up a financial...
To begin this article, let us ask a question: is an auditor responsible for the correctness of a tax assessment of a company he or she conducts an audit in?...