ACCOUNTING ACT WITH COMMENTARY

Immerse yourself in the world of finance and accounting with the latest publication that comprehensively discusses changes to the Accounting Act. This book is an invaluable source of knowledge for anyone involved in finance, accounting, auditing, as well as for managers and tax advisors. Thanks to it, you will understand the new regulations and learn how to apply them in practice.

• Current regulations: The commentary takes into account the latest changes to the Accounting Act from 2024.
• Practical tips: The author, an experienced accountant, shares practical tips on how to apply the new regulations.
• Simplifications for SMEs: Explanation of changes in the definitions of the size of economic entities and the possibility of applying simplifications.
• Report on sustainable development: Detailed discussion of the new element of the financial statement.
• KSR recommendations: Information on the recommendations of the Accounting Standards Committee regarding the disclosure in the financial statements of activities intended to be discontinued or discontinued.
• Consolidated text of the Act: The publication contains a consolidated text of the Accounting Act.

The book "Accounting Act with commentary to changes" is a comprehensive study of the legal regulations amended in 2024 regarding the keeping of accounting books and the preparation of financial statements. The author, who owns an accounting office, focuses on the latest changes that affect the tasks of the financial and accounting departments of entities that keep full accounts. The publication explains the changes in the definitions of various sizes of economic entities - micro, small and medium - which enables the application of simplifications in the scope of valuation and the level of detail in the preparation of financial statements.

Particular attention was paid to the latest element of the report, i.e. the report on sustainable development, indicating the date from which individual economic entities must prepare it. The publication also presents the obligations related to the submission of the financial statement for the financial year 2024. A very useful piece of information is the recommendation of the Accounting Standards Committee regarding the presentation and disclosure in the financial statement of activities intended to be discontinued or discontinued. This is important for Polish economic entities operating in the current economic environment, which for many reasons is becoming increasingly unpredictable.

In addition, the commentary covers, among others: premises, the occurrence of which causes the entity to prepare a financial statement assuming the lack of continuation of operations, permissible simplifications for micro and small entities, the rules for keeping accounting books by foundations and associations, the method of signing and submitting e-financial statements and their individual elements. The publication contains a consolidated text of the Accounting Act. It is recommended for accountants, auditors, employees of accounting departments, accounting offices, managers and tax advisors. The advantages of the publication are its comprehensiveness, conciseness and accessible language.