Audit & assurance
Our team provides comprehensive audit services in terms of fulfilling the company's legal obligations. We also ensure professional external audits for EU projects. However, simply performing the audit and delivering a raw opinion is not something we want to limit ourselves to. Our clients are always provided with detailed information as to make sure that data coming from accountants honestly reflects the actual situation of their business.
18 January 2021
Business operations often involve foreign currency transactions. These transactions should be accounted for in the domestic currency, which means they must be translated, measured and properly presented. This, in turn, raises a number of questions about domestic and international reporting. The regulations found in International Accounting Standard 21 “The Effects of Changes in Foreign Exchange Rates” offer a helping hand here.
23 September 2020
When keeping the accounting books, you come across many economic events you are obliged to correctly recognise in the financial statements at the end of the reporting period. Sometimes you come across unusual, less common events, such as inventory valuation or reserve recognition. Non-current assets held for sale and assets related to discontinued operations, regulated in detail in IFRS 5, are other examples here.
15 September 2020
When looking for information on the condition of the company, users of financial statements very often focus on analysing the balance sheet and the profit and loss account. However, not everyone knows that it is the cash flow statement that contains information about the actual cash position and the direction of cash flows in an organisation.
10 August 2020
Companies are increasingly offering a wide variety of employee benefits to their employees. The question which follows is how to value such benefits, especially the long-term ones. This and other matters relating to employee benefits are addressed in IAS 19 Employee Benefits.
29 July 2020
In early June of this year, RSM Poland received the next level of ACCA employer accreditation under the ACCA Approved Employer scheme, namely Trainee Development Platinum. This is a confirmation that we meet high standards of Continuing Professional Development (CPD) in our organisation, ensuring development opportunities for our staff through the continuous improvement of their professional qualifications.