Stanovisko MF ke změně limitů pro kategorizaci a audit

On September 4, 2025, the Ministry of Finance issued a statement regarding the implementation of the amendment to the Accounting Act concerning changes to the limits for the categorization of accounting entities and for the mandatory audit of financial statements.

Change in Limits for Categorization of Accounting Entities

This change in the law takes effect upon its publication.

According to the transitional provisions, accounting entities will assess the increased threshold values for the accounting period ending December 31, 2024. Accounting entities with a calendar year accounting period will thus compare the relevant data as of the balance sheet date of December 31, 2023, with the original limits prior to the amendment of the Accounting Act, and the relevant data as of the balance sheet date of December 31, 2024, with the new limits as per the amendment.

Change in Limits for Mandatory Audit

This provision of the amendment takes effect on January 1, 2026.

The obligation to have the financial statements audited by an auditor will no longer apply to small accounting entities. For accounting periods beginning before January 1, 2026, the law as it stood prior to the amendment will apply. Small accounting entities will therefore be required to have their financial statements audited by an auditor, provided they meet the specified conditions, for the accounting period that begins during the year 2025. The audit obligation will cease for them only for accounting periods beginning on or after January 1, 2026.

Authors:

Kateřina Dedková

Adam Šuráň