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We have summarized some of the recurring disclosure deficiencies – based on examples of national and international companies’ financial statements prepared in accordance with IFRSs.
Due to this merger the largest M&A consulting team in Hungary has been created with significant experience and results in the local market. It is also remarkable on an international scale as CFI Hungary became a member of Hungary's largest audit network. The change will also have a significant...
Space exploration started more than fifty years ago from small steps in satellites assembly. Fifty years ahead and the world observes a tremendous boost in space technologies and number of space missions.
After the presidential election in the United States, the need to develop a global minimum tax regime has come to the fore again at the OECD. On 1 July 2021, 130 countries made a common declaration to support this initiative.Finance Ministers of the G7 group agreed to promote a global reform of...
The Hungarian Energy and Public Utility Regulatory Authority (HEPURA) published the third METÁR tender on 30 April 2021 to further promote electricity production from renewable energy sources in Hungary. Within the framework of the METÁR tender, electricity producers may be eligible for the so...
We are #BDOproud to announce that BDO's Binding Corporate Rules (BCRs) for Data Controllers and Data Processors have received a positive opinion from the European Data Protection Board, confirming that appropriate safeguards are in place within BDO to ensure the adequate protection of personal...
In early 2021, the owners and the management of BDO Hungary decided to merge its Financial Advisory and Hotel and Real Estate Services, which have been operating in parallel for more than 10 years, and to create a business line that provides complex, one-stop-shop financial and real estate...
From 2021 onwards, the EKAER reporting obligation only arises in connection with products previously named risky goods, meaning that the distinction between risky and non-risky product groups no longer apply.
In our leaflet below, you will find a summary of the most important changes of the Act on Accounting for 2021.Changes in the rules of the accounting of the capital reserve.Under the current law, companies can specify the date of the change in the change registration application in case of some...