Amendment to the Act on Accounting in October 2019
On 15 October 2019, the National Council of the Slovak Republic approved an amendment to Act No. 431/2002 Coll. on Accounting as amended (hereafter referred to as the “Act on Accounting”) by means of Act No. 363/2019 Coll.
Certain changes will be become effective as early as 31 December 2019, others on 1 January 2020.
Main changes of the amendment to the Act on Accounting are: