PricewaterhouseCoopers organises professional training courses, seminars and conferences for clients and other business representatives.
On this site you will find information on the events organised by PricewaterhouseCoopers.
It has become an established tradition for our firm to come forward with a range of training events on reporting standards. It is our pleasure to do so again this year. For the upcoming training, we will focus on accounting principles generally accepted in the United States of America (“US GAAP”). Over the past few years, U.S. markets have experienced significant changes which impacted financial reporting and auditing. Significant events include the Sarbanes-Oxley Act, which impacted corporate governance and audits of public companies, the continuing project of convergence between US GAAP and International Financial Reporting Standards (“IFRS”), and most recently, the credit crisis. As a result, we have developed a seminar designed to cover the basics of US GAAP, recent regulatory developments and changes that impact on local businesses, including key differences between Czech accounting standards (“CZ GAAP”) and US GAAP.
A tax audit is without a doubt interferes significantly with the operations of any business entity and its constitutionally guaranteed rights and freedoms. When performing a tax audit, the tax administrator is, therefore, strictly bound by Article 2(2) of the Charter of Basic Human Rights and Freedoms, according to which it is possible to apply state power only in those cases and to the extent defined in the law and in the manner stipulated by the law.
The current interpretation of tax audit regulations is significantly specified and modified by the many rulings of the Supreme Administrative Court. The purpose of this seminar is, thus, to provide a comprehensive overview of tax audits from the perspective of the subject being audited and in light of the most recent rulings of the Supreme Administrative Court.