Jitka Pešičková

Publications

Current vs. deferred tax – accounting principles, recognition

Current vs. deferred tax – accounting principles, recognition

Physical and documentary inventory-taking needs to be performed and closing transactions need to be accounted for before the 2021 financial statement can be compiled. The final accounting entries are the recognition of tax payable and deferred tax,…
Electronic data in the accounting

Electronic data in the accounting

All entities undergo a certain development in the course of their activity. The demands on speed, ease, quality, availability and price continue to increase. The forms of account keeping are also subject to development. Electronic accounting is…
Liquidation of business corporations – the beginning of the end II

Liquidation of business corporations – the beginning of the end II

In the previous article, we familiarised you with the basic differences between dissolution of a company with and without liquidation. You also found out that a company may be dissolved voluntarily or involuntarily, and that a so-called preparatory…
Process of approval of a financial statement

Process of approval of a financial statement

For a number of companies that use an accounting period identical with the calendar year (i.e. from 1 January to 31 December), the utmost deadline for publishing the financial statement for the year 2019 expired at the end of the year 2020. While it…