Finance, Tax & Accounting

Non-Financial Reporting is considered globally as a common standard in the communication of biggest companies across various sectors. It focuses on environmental impact, diversity as well as activities towards communities, employees and other stakeholders. Non-Financial information is regularly published on the internet as a social responsibility report or as part of an annual report. The course is designed for people who deal with annual reports as well as social responsibility issues and want to effectively connect these areas together.

After completing the course you will:

• Have information about new Czech legislation, which was adopted in accordance with EU regulations, and its relevance to your company,

• Utilise certain methods and principles to draft the main thematic areas of reports,

• Gain best practices from different sectors in the Czech Republic as well as foreign countries,

• Become familiar with available methods as well as instruments, and you will know how to choose the correct solution for your company,

• Understand the fundamentals of the most commonly used methodology (Global Reporting Initiative, Integrated Reporting) and its relation to EU legislation,

• Identify the benefits of reporting for your company and target audience.

  Are you interested in this training? Contact us

Business leaders and managers who have a good understanding of corporate tax matters can make qualified and tax efficient business decisions. This course is designed to provide in-depth understanding of important aspects of corporate income taxation.

After completing the course you will:

• Be introduced to the principles of the corporate income tax calculation,

• Know how to legally optimize the company's income tax liability,

• Get an overview of tax-deductible and non-deductible cost,

• Learn when and how to tax distribution of dividends and payment of interest and royalties,

• Become familiar with tax implications of doing cross-border business and related international taxation matters.

Are you interested in this training? Contact us

Our 2-day course focuses on deepening knowledge, skills and professional judgment in the selection and application of accounting methods for strategic management in various business contexts. It also concentrates on the evaluation of organisation performance and strategic development, application of accounting techniques in the processing of quantitative and qualitative information for planning, decision making, evaluation and monitoring of the company performance.

The main topics of the course:

• The role of strategic planning, at corporate and business level,

• The rational model of strategic planning, including a wide range of qualitative models,

• The concepts of value and cost. Definitions and a wide range of examples, including traditional and modern costing techniques: marginal, absorption, activity based,

• The concept of budgeting in the strategic process,

• Challenges imposed by applying traditional budgeting models, and how these may be overcome,

• Types of budgets: flex, rolling, zero based, beyond, activity based,

• The role of critical success factors and KPIs in strategic planning and performance management and measurement,

• What is performance management and the difference to performance measurement, 

• The role and usability of financial and non-financial KPIs,

• Variances: the concept. The role of basic and advanced variances,

• Kaizen costing: a snapshot at an alternative business performance philosophy,

• Transfer pricing: a comprehensive roadmap to decision making. 

Are you interested in this training? Contact us