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What does the amendment to the Register of Beneficial Owners Act bring about?

29.9.2022
1 October 2022 is the date when the amendment to Act No. 37/2021 on the register of beneficial owners (“Register of Beneficial Owners Act” in Czech language) comes into force after being approved by the Chamber of Representatives on 7 July 2022, passed by the Senate and then signed by the President. The amendment was adopted […]

Modern cloud ERP as a steppingstone to foreign investors

20.9.2022
Do you have big plans with your business, and you would like to attract (ideally) foreign investors and expand to the world? Of course, there are exceptions, but in most of the cases it is not enough to have amazing idea or business model and good results. Potential investors consider the whole range of different […]

The digitisation of HR processes is a win for both businesses and their employees

1.9.2022
Digital technology and social media are changing the world around us. The way companies operate, communicate and ensure effective management of their internal processes is changing too. The pandemic has made it clear that the situation can change literally overnight and has highlighted the importance of having HR processes as digitised as possible. So what […]

Are you getting ready for a merger or acquisition? Do not forget about IT due diligence!

13.7.2022
During mergers and acquisitions, companies usually go through the process of evaluation and build an objective view of the potential investment subject. This means the process of due diligence is historically focused on financial, tax, and legal aspects. Whereas IT processes, property, and information security are often overlooked, even though they are key areas. In […]

How to adjust transfer prices in the face of rising inflation and increasing interest rates

29.6.2022
The impact of rising prices of materials, energy, transport and other inputs on the management of enterprises and the economy as a whole is currently a frequently discussed topic. A number of companies are responding to these rising prices by increasing their selling prices and adjusting their sales strategies. However, in addition to rethinking their […]

Get to know the NetSuite Analytics & Reporting reporting tool

19.5.2022
One of the important tasks of any report is to transfer data into a readable format, allowing users to make informed decisions more rapidly. At the same time, reports should help increase productivity and guide the company in the right direction. But in practice, it’s common for reporting to slow users down, leading to reduced […]

M&A Global Trends and Strength of M&A Growth in Europe

17.5.2022
Mergers and acquisitions are one of RSM Group’s global strengths. In Europe alone, our network helped conclude over 600 transactions in 2021, which is an all-time high. And despite the current economic, energy and security uncertainties, this year by all indications should again be a strong M&A year. RSM experts from different countries have prepared […]

Contributions for ballistic vests, ammunition or medical care. Tax relief for aid to Ukraine will make things easier for tens of thousands of companies.

17.5.2022
The President signed an amendment that significantly expands the options for deducting donations made directly to Ukraine. The new measure concerning donations may be applied retroactively for the entirety of 2022. For example, it will now be possible to deduct donations to Ukrainian public benefit organisations or Czech and Ukrainian state organisational units (e.g. the […]

Localization of global cloud – modern ERP solution made to fit

22.3.2022
Operational everyday management of your company as well strategic decision making requests surely asking some of these questions concerning of your informational business systems. Is the current ERP system suitable for the growing demands of our company? Do the company informational systems provide good quality online data and reports about our business? Do we have […]

Company transformation: when is the best time for it and how can it affect the book value of assets?

14.3.2022
January 1st is not only a day for which many of us have prepared a list of resolutions, but also a day on which it is favourable to merge or demerge a company. In this newsletter, we outline the opportunities that a company transformation offers you, including the chance to get a more realistic view […]