In the first part of our two-part series on interim closing, we reviewed the advantages of an interim closing and highlighted why it is worth considering even when it is not mandat...

Although for businesses with a standard fiscal year the annual closing period runs in Hungary from January to the end of May, accountants prepare for this task throughout the year....

Companies that adopt the calendar year for their financial year have recently fulfilled their tax return and reporting obligations for the previous financial year. The owners have ...

Loss of equity can have serious consequences for companies in Hungary. Failure to solve the capital situation in time may lead to irreversible liquidation of the company. The main ...

Under the economy protection action plan, the Hungarian government introduced a number of tax relief measures to alleviate the economic impact of the coronavirus pandemic. Under Go...