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Is your company required to undergo an audit or review? Find out which thresholds apply in Estonia, Latvia and Lithuania, how audits differ from reviews, and when an audit is mandatory regardless of company size.

The new EAS 10 introduces changes to revenue recognition for goods sold with a right of return from 2027. Companies must estimate expected returns, recognise refund liabilities and document management estimates.

Tax experts from seven countries discuss key Nordic-Baltic tax developments, enforcement trends and legislative changes. Watch the webinar recording.

Having a subsidiary does not always mean that consolidated financial statements are required. We explain when consolidation is mandatory in Estonia, how to assess the size of a group and which statutory exemptions may apply.

Artificial intelligence (AI) is no longer a technology of the future in auditing. It has become an everyday tool. AI already helps auditors process data faster, analyse large volumes of documents and identify potential discrepancies. For clients, however, it is just as important to understand how AI is used and how their data is protected.

A successful audit takes more than accurate documents and meeting deadlines. Discover how effective collaboration between clients and auditors helps prevent misunderstandings, save time and deliver a high-quality audit.

What should the owner or manager of an Estonian company know about audits? How can you determine whether an audit is mandatory, and how should you prepare for an audit or review?

The future finance manager must be more than a numbers person. Mart Nõmper, partner and auditor at Grant Thornton Baltic, explains how AI, automation, growing regulation and economic uncertainty are changing financial management. The key challenges include data quality, internal controls, tax risks, process resilience and the ability to critically assess AI-generated decisions.

IFRS 18, income statement, financial reporting, IAS 1, management-defined performance measures, MPM, KPI, comparative information, IFRS 18 implementation.

Which management estimates matter when preparing financial statements? Learn how to assess receivables, inventories, fixed assets, investment property and going concern.

An annual audit is not merely a statutory obligation and an additional burden. It is also an opportunity to gain a clear picture of your company’s financial position and confidence that its processes are working as intended.

The Ministry of Justice and Digital Affairs has prepared an extensive draft act amending the Commercial Code and other legislation. Its aim is to make the incorporation and management of companies and registry procedures more flexible, while also resolving issues that have caused disputes in practice.

Returning from parental leave may mean lower pay than colleagues. When must the employer raise your salary?

We have prepared a comprehensive overview of European employment law, providing insight into the employment law frameworks across 15 key European jurisdictions. It is designed to help international employers better understand the regulatory landscape in different markets and the practical requirements that come with it.

Consumer credit and the regulatory framework governing it have been the subject of active debate for years. On the one hand, there are questions about whether the current requirements are too strict and restrict creditors’ activities. On the other, there are concerns about whether existing controls are sufficient to ensure responsible lending and protect consumers from excessive debt and payment difficulties.

The taxation of salaries paid to local employees of foreign embassies often raises questions in practice. In particular, it may be unclear why income tax is not withheld from the salary, why the salary is declared in Annex 1 to the TSD tax return using payment type 11, and why the employee must pay the income tax themselves.