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In December 2025, the National Accounting Council (“NAC”) approved for external consultation a draft interpretation relating to the valuation of securities...
On 12 December 2025, the Government submitted a draft bill on accounting to the Chamber of Deputies in the form of press release No. 63/0. This is a new law,...
December is both magical and hectic in accounting. Every accounting entity should prepare in advance for one of the highlights of the accounting period,...
In June 2025, the National Accounting Council (“NAC”) approved new Interpretation I-51 related to the reporting of products and goods held for display.
Currently, many businesses and citizens are dealing with the natural disaster that has struck our territory. Considerable effort will be required to clear...
In June 2024, the National Accounting Council (“NAC”) approved a new Interpretation I-50 related to deferred taxes.
From 1 January 2024, the definition of net turnover was changed in Act No. 563/1991 Coll., on Accounting, among other things. This affects accounting...
In the course of March 2024, the National Accounting Council (“NAC”) approved for external comments a draft interpretation relating to deferred tax and...
On February 19, 2024, the National Accounting Standards Board (“NSB”) approved a new Interpretation I-49 related to the recognition and measurement of liquid...
The interpretations express the professional opinion of the National Accounting Council (NAC), its members being representatives of major professional...
At the end of September 2023, the National Accounting Council (“NAC”) approved for external comment a draft interpretation related to the reporting and...
Today’s article will focus on the commission contract and its recognition in the accounting of an accounting entity. This is one of the types of commercial...
As we have already informed you on our website (including in this article ), the intention of the government is, among other things, to introduce functional...
The Ministry of Finance of the Czech Republic has confirmed on its website the conclusions of the meeting of the government coalition on the changes within...
On March 21, 2023, the National Accounting Standards Board approved an updated version of Interpretation I-8 Social Fund and Similar Funds Generated from...
In the course of the year 2022, there was a significant increase in interest rates and a simultaneous appreciation of the koruna against the euro. This...