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Although foreign exchange rates are now slowly returning to their levels of a year ago, the still very high exchange rates at the end of 2022 could have a negative impact on the annual financial statements of many companies.

Thanks to the cooperation of Corvinus University of Budapest, Corporate and Institutional Relations has concluded a bronze degree partnership and professional practice cooperation with BDO Hungary, within the framework of which the company will contribute to the operation and development of the...

Conscious investments, enabling BDO’s clients to be well positioned for the economic resurgence in the year ahead, have driven BDO’s balanced growth across the board, with global revenues reaching US$ 11.8 billion, supported by a strong 6.8% increase in headcount. 

A unique innovation in Europe and complete exemption from penalties for the online data reporting obligation extended from 1 JulyAs reported in our previous newsletter, significant changes will take effect in online data reporting obligations on 1 July 2020. Based on the change in legislation...

After 3 years of waiting, on 1st of April 2018 a new Agreement on Social Security came into force, this time between the Republic of Hungary and Turkey.

Based on Estonian, Swedish and Catalonian examples, the e-prescription has been introduced also in Hungary thanks to EU funding. Basically, this means that the paper-based prescriptions currently in use will be replaced by an electronic registration system from November 1, 2017.