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IAS24 requires disclosure of information on the relationship between a parent company and its subsidiaries. What is defined as a related entity and what falls under the scope of IAS 24?

Consolidating financial statements is one of the most complicated issues in accounting. The preparation of such statements requires a great deal of work, as well as extensive accounting knowledge. The financial situation of a capital group is also valuable information for persons participating in consolidated financial statements.

The Enova system, i.e. modern ERP software, is used for comprehensive management of institutions and companies. This program is supported by over 53 functional solutions whose main task is to improve work in a given company. What solutions does the system introduce in the area of human resources and payroll? What benefits does it promise to companies and employees?

HR departments constantly process personal data, which is why the real challenge for them is to ensure an appropriate level of security that fully meets the requirements of the GDPR. What changes should be expected in the HR and payroll outsourcing departments?

There are several types of disposal of financial assets that can be distinguished. What these types are and how the sale of shares to a subsidiary should be recognized, is discussed below.