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Jiří Šimek
Audit Partner and Valuation Leading Partner - Prague, Czech Republic









Milan Prokopius
Managing Partner of Forvis Mazars in the Czech R. - Prague, Czech Republic

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Debate lunch with Luděk Niedermayer and Pavel Telička
On 12th May 2014 Mazars has participated in the debate lunch with Luděk Niedermayer and Pavel Telička.
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IFRS - March 2014
In our January 2014 issue, we highlighted the ongoing differences of opinion between the IASB and the FASB as they tried to finalise the standard on financial instruments. After years of work on the joint standard, they seem unable to reach a consensus on either phase 1 (classification and measurement) or phase 2 (impairment).
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IFRS - February 2014
The IASB published an update of its work plan on 25 February. According to this document, March 2014 should see the publication of the Discussion Paper on macro hedging and the draft amendment to IAS 1. These two publications are eagerly awaited by stakeholders. Let us hope that they are not a disappointment!
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Leicester
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IFRS - January 2014
November 2013 saw the publication of the final standard on hedge accounting that constitutes phase 3 of IFRS 9, and which is explained in full detail in this issue of Beyond the GAAP. This standard represents a significant new direction for IFRSs, with a greater focus on entities’ operational risk management policy.
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Setting the fair value and transfer prices
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Valuation required pursuant to the Act on Business Corporations
We provide you with the following valuation services:
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Pretoria
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IFRS - December 2013
Under the IASB work plan, 2014 should see the conclusion of two major projects which were launched several years ago: revenue recognition and the impairment of financial assets...
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Mazars to acquire Deloitte Public Sector Internal Audit Ltd
Mazars has announced it is to acquire Deloitte Public Sector Internal Audit Ltd, a subsidiary of Deloitte LLP, which provides internal audit services to local government and health organisations based in London and the South East.
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Rodez
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TOP 25 - Award Ceremony
Partner of the company Ms. Jana Švenková attended the award ceremony of the TOP 25 Women of Czech Business which took place on 13 November 2013. She handed the award in the category TOP 5 Women of State Administration.
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IFRS - October 2013
8 years of good and loyal service, Beyond the GAAP adopts the colours of the new Mazars visual identity.
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Guadalajara
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Mazars Czech Republic’s Transfer Pricing team is the best
Mazars Czech Republic has achieved considerable success with its Tax Department, which was declared the winner of a world-wide competition held within the Mazars Group for the best providers of services in the area of transfer pricing for the year 2013.
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IFRS - September 2013
The comment period on the Leases exposure draft ended on 13 September 2013.
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Mexicali
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Mazars supports benefit concert for Linka bezpečí (Safety Line)
Helping children in distress and spreading the awareness of the services provided by Linka bezpečí (Safety Line). That is the goal of the benefit concert which Mazars also participated in this year. The charitable concert, which is traditionally held by the sdružení Linka bezpečí (Safety Line Association), will take place on Thursday 31 October 2013 from 7:30 p.m. in the Mirror Chapel of Prague’s Clementinum. Ondřej Havelka and director Bohdan Sláma will be the hosts of the evening and visitors can look forward to a performance by the soprano Simona Houda Šaturová. In addition to representative from Mazars, the concert will also be supported by representatives from Telefónica ČR, ERA, AVAST and Volkswagen.
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Mazars Consulting achieves significant expansion of Valuation Institute license
Mazars Consulting has achieved an extension of its Valuation Institute’s license to encompass nearly all the fields that can be encountered in practice, particularly acquiring the license to set transfer prices for tax purposes.
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The goal of the Good Bank initiative is efficiency and trustworthiness
Efficient and trustworthy financial institutions are the goal of the Good Bank initiative. It originated five years after the outbreak of the worldwide financial crisis as a forum to discuss a model of banking that finds a reasonable balance between the creation of profit, client services and society-wide interests. The global initiative is sponsored by the British media group The Economist and is financially supported by Mazars, which also operates on the Czech market.
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IFRS - July/August 2013
The IASB and the FASB expect to publish their joint standard on revenue recognition by the end of this year. However, the mandatory effective date is not likely to be before 2017.
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Günter Oszwald is the new head of the German Desk
Prague, 16 September 2013: Günter Oszwald (44) has been made the new head of the German Desk for Mazars in the Czech Republic.