“EFES Group” will take care of your organization’s entire accounting process. The accurate financial reports, as well as the accounting system, are of high importance at any company’s activty. We will conduct accounting in accordance with the requirements of the International Financial Reporting Standards, as well as a complete transition to accounting policies of the […]
Risk is defined in financial terms as the chance that an outcome or investment’s actual gains will differ from an expected outcome or return. Risk includes the possibility of losing some or all of an original investment. Quantifiably, risk is usually assessed by considering historical behaviors and outcomes. In finance, standard deviation is a common […]
The International Auditing and Assurance Standards Board (IAASB) is an independent standard-setting body that serves the public interest by setting high-quality international standards for auditing, quality control, review, other assurance, and related services, and by facilitating the convergence of international and national standards.
Committee publishes agenda decisions when, following consultation, it has decided that standard-setting is not required to deal with a question from stakeholders.
The EU’s ‘Economic and Financial Affairs Council’ has agreed a set of adjustments (known as ‘quick-fixes’) to the EU’s VAT rules, applicable from 1 January 2020.