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Quality control in audit firms

22.11.2018 Quality control in audit firms

Quality control is something that every company that cares about the quality of its goods and services must take into consideration. It turns out that the audit firms themselves are also subject to quality control. How does this work in practice?

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Minimum wage and minimum hourly rate in Polan

14.11.2018 Minimum wage and minimum hourly rate in Polan

The level of the minimum wage has been subject to heated discussions over the years between employers' unions, the government and trade unions. This time, the parties quickly reached an agreement and 2019 will be a good year for those who earn the least.

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Istitution that supervise the auditors in poland

25.10.2018 Istitution that supervise the auditors in poland

In mid-August, the Ministry of Finance started work on a draft law, which provides for the creation of a new institution to supervise the activities of audit firms. The new law is intended to reduce the risk for investors and restore confidence in statutory auditors, which was damaged after the recent disclosure of improper practices by GetBack.

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Changes related to fixed-term contracts in Poland

18.10.2018 Changes related to fixed-term contracts in Poland

In the amendment the legislator has provided for specific conditions that must be met by entrepreneurs. Who do these new regulations effect and what do they mean for employers and employees?

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Contracts for the audit of financial statements

19.09.2018 Contracts for the audit of financial statements

Currently, in light of art. 66.5 of the Act, the first contract is concluded for a period of not less than two years. What are the details of this change and how does it affect a company's operations?

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What date should be placed on the second version of the financial statements

14.09.2018 What date should be placed on the second version of the financial statements

Sometimes there may be situations that require changes to be made to the financial statements and, consequently, appropriate entries to be made in the accounting books. However, the question remains: what date should be placed on the second version of the report?

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The types of opinions issued by a certified auditor

06.09.2018 The types of opinions issued by a certified auditor

What are the types of opinions issued by certified auditors and what could the consequences of these opinions be?

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Contracts for the audit of financial statements following the amendment to the Accounting Act in Poland

29.08.2018 Contracts for the audit of financial statements following the amendment to the Accounting Act in Poland

Previously, the auditor could be selected for any period of time, currently in the light of art. 66.5 of the Act, the first contract is concluded for a period of not less than two years. What are the details of this change and how does it affect business operations?

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fuel costs for a company

23.08.2018 fuel costs for a company

A company car is an indispensable tool in many industries but how to settle fuel costs for a company car in Poland?

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Selecting an auditor

08.08.2018 Selecting an auditor

For some companies, this is a statutory obligation, and the selection of a statutory auditor should be made before the inventory period begins. Who is responsible for choosing an auditor? When should this choice be made?

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