Opportunities of settling negative owner’s capital

July 19, 2021 | Author: Barbara Gincsai

It may happen in the activities of a business association that equity falls below subscribed capital. What can be done about it? We have collected the potential options. The law

Consequences of late depositing the financial statements

June 28, 2021 | Author: Erika Dudás

Companies keeping double-entry books and registered in the register of companies shall deposit and publish the financial statements. The relevant regulations are contained in Subsection (1) of Section 153 of

Financial Reporting Deadlines in 2021

May 5, 2021 | Author: Éva Szőke-Solymosi

  The 2020 financial reporting period, like last year, is in the shadow of COVID-19. This does not make things easier for enterprises, accountants or auditors. However, a significant change

The new simplified voluntary liquidation step by step

October 8, 2018 | Author: 2018-10-08

Benefits of simplified liquidation: you do not have to appoint a liquidator: the tasks of the liquidator are carried out by the company’s executive officer(s) it is not necessary to

Changes in the Accounting Act 2018

September 17, 2018 | Author: 2018-09-17

Let’s look at the major changes: 1. Principle of materiality From accounting principles the principle of materiality has been specified. Accordingly, for the purposes of the financial statements, information is