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Financial management Chief accountants and CFOs: don’t forget an important task before Christmas! 20 Dec 2022
Companies’ credit agreements generally contain customer-specific conditions called covenants. December is the last chance to check whether the company is
Audit Clampdown on crypto companies creates a shortage of auditors and opens up a new market niche 30 Jun 2022
The audit requirement recently applied to crypto companies will notably increase the workload of auditors who are expected to provide a service that is largely
Global economy Keeping hand on the global business pulse 26 Jan 2022
After leaping back strongly from the darkest days of the pandemic, the global mid-market could only manage a small additional step forward in the second half
Transfer prices Amendments to transfer pricing regulation put more focus on profit shifting 13 Jan 2022
From 2022, an updated regulation will take effect, regarding the methodology for determining transactions between related persons. Since it was adopted in
Company management A properly formed supervisory board can be the key to the business take off 13 Jan 2022
A wisely selected supervisory board – one that doesn’t do its work only at meetings but lays down clear strategic goals for management and itself and meters
Labor Law Child leave system to change next year 29 Nov 2021
Effective 1 April 2022, when the system for taking child leave will change in the Employment Contracts Act, all parents of children under 14 years of age will
Audit Audit your auditor 01 Nov 2021
An increasing number of companies in Estonia cross the threshold of turnover and balance sheet volume that requires them to order an audit or financial review
Tax European tax reform brings savings to companies 09 Jun 2021
Companies that sell physical goods to European countries all too often have to grapple with the destination country’s complicated VAT system, but in summer
Assurance Attention, packaging undertakings! 28 May 2021
The Ministry of Environment recently weighed in on packaging audit requirements. This topic pertains in particular to packaging undertakings who have already
Tax Transfer pricing: OECD supplements guidance on financial transactions 10 May 2021
The OECD (Organisation for Economic Co-operation and Development) regularly updates its 2017 transfer pricing guidance. It is worth keeping up to date with the
Packaging audit Streamlining accounting and auditing of packaging reports 06 May 2021
The accounting and preparation of packaging reports has become better over the years and the awareness of the importance of accounting more but there are still
Intelligent automation Easy tips for turning data into a goldmine 15 Apr 2021
Store data correctly and securely, and more importantly, use the data the same way, and you might well find that the benefits easily exceed any direct monetary
Assurance The Estonian Auditors’ Association has made suggestions for development of the Commercial Register. 07 Apr 2021
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
Financial advisory Analysis of the energy networks for the Government Office of Estonia 16 Mar 2021
Grant Thornton Baltic OÜ experts conducted an analysis of the energy networks belonging to public undertakings at the request of the Strategy Unit of the
Tax Key changes in taxation of temporary agency work came into force 17 Feb 2021
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
Tax Transfer pricing 2020 – three problems and three solutions 12 Jan 2021
The restrictions established due to the COVID-19 pandemic have disrupted transfer pricing within international corporations. Even if the restrictions were to
Packaging audit Streamlining accounting and auditing of packaging reports 12 Jan 2021
The accounting and preparation of packaging reports has become better over the years and the awareness of the importance of accounting more comprehensive and
Administrative fine Prosecuting offenders will be easier and the penalties will be bigger in the future 19 Jun 2020
A new concept in Estonian legal system, administrative fine, was sent to coordination round to the relevant ministries by the Ministry of Justice. The new fine
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