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Petra Čechová | March 26, 2024
On February 19, 2024, the National Accounting Standards Board (“NSB”) approved a new Interpretation I-49 related to the recognition and measurement of liquid valuables. The Interpretation addresses whether all liquid valuables should be reported in the financial statements in the “cash in hand” group or whether all such transactions are not cash and therefore should be reported differently. Furthermore, the question of revaluation at the balance sheet date is addressed – do liquid valuables and their equivalents bear exchange rate risk or not?
The text of Interpretation I-49 itself is available on the NRC website – www.nur.cz
Alice Šrámková | 8.10.2024
IFRS 18 Presentation and Disclosures in Financial Statements
Renata Dudášová | 24.9.2024
Property damage due to natural disasters and its accounting treatment
Petra Čechová | 9.4.2024
NI-70 Deferred tax and exchange differences excluded from taxation
Petra Čechová | 30.1.2024
Change of limits for categorisation of accounting units
