Articles written in the language of decisions, not standards. Each topic explains what changes, whether it applies to your company and what to do next. With comments from audit practice — not from AI.
Each article starts with an executive summary, a practical example and a comment from practice. Filter by topic or browse everything.
From 2025, the group auditor is responsible for the entire group audit process — not just consolidation. For CFOs this means more questions, higher documentation requirements and one area that almost always causes trouble.
Some companies have dropped out of mandatory audit and are cancelling engagements automatically. Before you do that, consider banks, investors and future transactions.
IT may have integrated the API. But who approves purchase invoices when the PDF from email disappears? Most companies solve the technical problem and miss the process problem.
At 8% WACC, a 24-month retention of PLN 500k costs PLN 80k per year. A bank guarantee may cost PLN 10k. Many firms never calculate it.
Errors in fixed-cost allocation directly overstate or understate profit. WIP is one of the first audit areas and one of the most common sources of adjustments.
The standard applies from 2027, but retrospective application means 2026 data must be restated. Companies that start in 2027 will have months to do what should take a year.
With WIBOR moving from 0.1% to 7%, companies with variable-rate leases should have updated schedules at each rate change. Many did not.
JPK_CIT is not just a new file format — it requires tax markers on every accounting entry. If your chart of accounts does not support this, the first report will be wrong.
New Polish Accounting Act thresholds changed the category of many companies. That may unlock simplifications or create new duties. An outdated accounting policy is a formal error auditors will flag.
Tax systems can compare supplier sales invoices with buyer purchase invoices automatically and in real time. Every mismatch becomes a potential audit signal.
Practical timelines by company type and how finance can shorten fieldwork.
Seven selection questions covering independence, sector fit, timetable and governance.
How to prioritise recommendations and avoid recurring audit findings.
Impact on banks, owners, governance and management actions before signing.
Opening balances, ISA/KSB 510, predecessor communication and first-year audit risk.
Definition, red flags, cash flow scenarios, covenants and material uncertainty impact.
Inventory count observation, audit evidence, count documentation and production vs trading differences.
Governance, numbering controls, archiving and finance responsibilities during failures.
Tax profitability, EBITDA, exclusions, CIT-8 and ratio analysis for CFOs.
Polish Commercial Companies Code, covenants, going concern and recovery actions.
Significant risks, KAMs, independence, management letter and TCWG communication.
IAS 1, current vs non-current debt, liquidity risk and audit implications.
Depreciation, leases, provisions, tax losses, IAS 12 and JPK_CIT impact.
Arm's length principle, transfer pricing, rent example and PLN 15,960 annual error cost.
Employees, API tokens, ERP integrations, segregation of duties and audit trail.
Editorial selection — not just a filter. Each list contains five articles chosen for the decisions and risks typical for that role.
Evergreen topics that return every year during year-end close and before the audit.
How to assess statutory thresholds, exceptions and the point when management should start selecting the auditor.
Audit scope, timeline, management responsibilities and the documents that usually determine the pace of work.
Checklists for CFOs and chief accountants: data, reconciliations, accounting policies and risk areas to close early.
From revenue and receivables to provisions, leases, impairment and events after the reporting date.
Where differences between IFRS and Polish GAAP most often arise and how they affect profit, EBITDA and group reporting.
How to organise reporting packs, eliminations, intra-group transactions and notes before deadline pressure starts.
When a lease correction requires going back to a prior-period error and when a change in estimate is enough.
Presentation errors, outdated policies, missing disclosures and inconsistent notes that slow down the audit.
When a voluntary review or audit helps clean up finance, supports investor discussions and reduces risk before a major change.
How to read thresholds in practice and when it is worth analysing the situation before year-end close.
If you need to apply the topic to your company, go to the service that best fits the problem.
Financial statement audit with a clear schedule, structured communication and management-level reporting.
Support with reporting packs, eliminations, IFRS vs Polish GAAP differences and head office requirements.
Independent assessment of data quality and financial risks before the issue appears in audit or investor discussions.
Support when the company needs to quickly organise backlogs, corrections or documentation before a deadline.
If you need to confirm the audit obligation, organise audit preparation or assess a specific accounting issue, speak directly with a statutory auditor.