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If an undertaking does not define the principles to be followed, there will be no basis for its operation. If it has, for example, no regulations and procedures for taking and keeping inventory of assets and liabilities, what is stocktaking based on? If it has no cash handling policy, what rules the cashier applies when handling cash? And many more examples could be given. More about us

From July 1, 2018, companies not subjected to audit may carry out voluntary liquidation in a simplified way. For that to be possible, voluntary liquidation should be finished within 150 days of the starting date of the liquidation. More about us

Since June 1, 2018, the right of access to company portal has been necessary to publish the financial statements (delegated contact persons / authorized representatives or managing directors have right of access to the hosted storage of a company at the company portal), which means that financial statements can be published via the company portal. More about us

In July, Act C of 2000 on Accounting was amended in a number of respects. The date of entry into force is January 1, 2019, but several provisions may already be applied when compiling the financial statements of 2018. More about us

On June 7, 2018 the National Tax and Customs Administration of Hungary and the Chamber of Hungarian Auditors issued a joint notice drawing the attention of Hungarian enterprises to the following legal requirements.
Although Act C of 2000 on Accounting contains the requirements for the reporting and bookkeeping, unfortunately, some Hungarian companies belonging to an international group of companies do not fully comply with these standards.
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