CZ GAAP

Amendments to executive regulations to the Accounting Act as of 1 January 2009

On 30 December 2008, amendments to executive regulations to the Accounting Act were promulgated in the Collection of Laws with effect from 1 January 2009. We summarize below main changes to Decree No. 500/2002 Coll., for entrepreneurs using double-entry accounting and to Decree No. 501/2002 Coll., for banks and other financial institutions. For more details please click here .

Amendment of accounting legislation for entrepreneurs as of 1 January 2008

An overview of the key changes brought by the amendment of the Decree and CAS is summarised in a special issue of Newsletter Accounting Advisory (pdf 108 Kb) which was prepared and released by the PricewaterhouseCoopers Assurance Services department.


The implications of significant changes in Czech tax legislation on 2007 financial statements