Annual Financial Report for 2024
Applicable legal framework:The Annual Financial Report for 2024 is prepared and submitted in accordance with the Accounting Law, which defines the scope […]
Tag: tax consulting
International financial reporting standards
MSFI – International financial reporting standards (IFRS)MSFI are international standards that apply to large legal entities and those that are required to […]
Documentation scope for financial statements
Legal entities and entrepreneurs required to audit their financial statements, as defined by the Audit Law, include large and medium-sized legal entities, […]
Obligations for preparing financial statements
Obligated entitiesAccording to Article 4, paragraph 1 of the Law, obligated entities include: Legal entities as per Article 2, point 1, Other […]
Expenses not recognized in the Tax balance
Expenses that are considered unsustainable or questionable in nature are not recognized as deductible in the tax balance. First, expenses that cannot […]
Material significant erorr
In accounting, the materiality threshold represents the basis for assessing the significance of errors in financial statements. Business entities define it through […]
Bonus as an average of salary
When determining the basis for salary compensation during temporary incapacity for work, the question often arises whether bonuses and rewards are included […]
How to Report Refunds and Adjustments in SEF
When a VAT taxpayer issues a fiscal receipt for a refund due to the cancellation of a previous fiscal receipt or a […]
Domestic Payment System Codes
When making payments in Serbia, whether it’s paying bills, buying goods, or transferring money, you need to use payment codes. These codes […]
Contract for Supplemental Work
The contract for supplemental work is the fourth type of contract outside of regular employment, regulated by Article 202 of the Labor […]