Changes in the Accounting Act expected for 2025 and beyond

Our course will introduce you to the current wording of amendments to the Accounting Act (including any related decrees) becoming effective in 2025.

Lenka Zatylnyjová
Sign upPresence
27. 11. 2024  (09:00–12:00)
4 000,- CZK ex. VAT
Sign upPresence
27. 11. 2024  (09:00–12:00)
4 000,- CZK ex. VAT

The amendments involve changes in the definitions of net turnover and functional currency, and the obligation to prepare sustainability and income tax reports. We will also focus on the possible accounting implications of further changes in tax legislation (unrealised foreign exchange differences, Pillar II). In the second part, we will present the basic concepts of the new draft Accounting Act that should come into effect from 2025. Among other things, we will also have a look at the valuation of assets and liabilities (fair value, reflecting the time value of money) and the recognition of rents and subsidies.

Who are the intended participants?

  • Employees of accounting, tax, and controlling departments

Programme

  • Change in the definition of net turnover
  • Functional currency
  • Obligation to prepare sustainability and income tax reports
  • Potential accounting implications of further changes in tax legislation (unrealised foreign exchange differences, Pillar II)
  • Introduction of the basic concepts of the new draft Accounting Act to come into effect from 2025
  • Valuation of assets and liabilities (fair value, reflecting the time value of money)
  • Recognition of leases and subsidies

Place

KPMG Česká republika, s.r.o., Pobřežní 1a, Praha 8

The fee includes training materials and refreshments. The training will be conducted in Czech.

For attending this training course, you are eligible to gain 4 of CPD points.

Očekávané změny v zákoně o účetnictví pro r

The fee includes training materials. The training will be conducted in Czech.

For attending this training course, you are eligible to gain 4 of CPD points.

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