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Audit New guide provides tips for conducting a public procurement to contract for audit services
A new guide has been produced by the Auditors’ Association and the Ministry of Finance for public sector entities conducting procurements for audit services.
Audit Error-strewn data in the Commercial Register
Analysis of the correctness of data in the Commercial Register uncovered an astonishing fact: the Commercial Register data on auditors of companies contained
Technology sector Key business questions facing technology companies in 2021
The sudden surge in remote working, online shopping, digital health and virtual learning boosted demand for business technology and communications solutions.
Assurance The Estonian Auditors’ Association has made suggestions for development of the Commercial Register.
The representatives of the board of the Auditors’ Association met Secretary General of the Ministry of Justice Tõnis Saar and Deputy Secretary General of the
Women in Business Women, men and equality
The international business advisory network Grant Thornton has been conducting research on this topic for 17 years, and the results show that the number of
Tax Key changes in taxation of temporary agency work came into force
Based on the rules in force until the end of 2020, Estonia was entitled to tax wages of non-residents starting from day one if the entity making the payment
Consolidation Consolidation and Brexit
It will soon be time to prepare annual reports for the financial year 2020. Estonian companies with parent companies in the UK will have to take into account
Annual reports Listed companies get extension for complying with new requirement
Under a European Union directive, publicly listed companies must adopt the European Single Electronic Format, ESEF. But they will probably not have to file
Annual reports Annual reports – an unsung marketing method
An annual report can be a great calling card and the secret to doing business more successfully, even though Estonian business people aren’t all that active in
Advisory What is the difference between a good and a mediocre financial manager?
Mart Nõmper, Sworn Auditor and Head of Audit and Assurance Services, and Mikk Mägi, Head of Financial Advisory at the pan-Baltic audit, outsourcing and
Financial advisory Why determine the value of assets at a company and how to choose the right method?
After the year of the coronavirus, there is good reason to review the value of a company’s assets with particular care. Even more, because the value of some
Data protection Whats up with WhatsApp?
In January WhatsApp announced that it is changing its data policies so that the users only options are either to agree to their data policy and make data about
Data protection Transmission of personal data to the US – mission impossible?
On 16 July 2020, the European Union Court of Justice (CJEU) passed judgment C-311/18 (Schrems II), invalidating the US-EU certificate programme Privacy Shield,
Information security Information security audit helps a company save money
In addition to the pandemic the 2020 is memorable as the year or record growth in cybercrime. According to the FBI the USA companies have reported a 400%
Packaging audit Streamlining accounting and auditing of packaging reports
The accounting and preparation of packaging reports has become better over the years and the awareness of the importance of accounting more comprehensive and
Law amendment Pillar II: In October, the ball is in the hands of pension collectors
This summer, the state suspended its payments to the second pension pillar of working people. During October, however, people will be able to decide whether or
Money laundering Anyone involved in business may be involved in money laundering
Every entrepreneur, as well as an individual, can be involved in money laundering, even without knowing or realizing it themselves, according to Äripäev's
Risk management Crisis – the perfect time for fraudsters?
In a crisis, the internal control system must remain a priority. In order not to find yourself fighting the consequences of corruption and fraud after a crisis
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