Grant Thornton Croatia offers its clients a wide range of auditing, tax and business consulting services, as well as payroll accounting. Along with them come services that provide support during activities related to the human resources sector, or better known as HR activities. With the aim of providing services to our clients at the highest level, we combine many years of international experience with specific knowledge that we have acquired in more than 20 years of presence on the Croatian market.
Summer is an ideal opportunity to lay the foundations for digital business transformation and business growth. Within the National Plan for Recovery and Resilience, several tenders have been announced, the purpose of which is the digital transformation of small and medium-sized enterprises in Croatia. The funds are non-refundable, and the goal of the Call is to enable digitization for the purpose of digital transformation of Croatian SMEs by acquiring digital tools and equipment and strengthening digital skills for the development and application of new products, services and processes, which will ultimately result in strengthening the market position of the company and increasing productivity.
The rapid growth and change in the private sector must be matched by the changes in data and analytics that the sector provides. Private equity fund managers need high-quality technology solutions that refine visible data and simplify workflow throughout the entire business cycle.
Twenty years ago, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) changed goodwill accounting, which is still hotly debated today. When determining the value of a company, the question inevitably arises as to what makes one company more valuable than another. This question also speaks about the importance of determining the value of the company by appraisal, but also about the need to respect the market position of the company in the valuation process, because the market must in any case be an arbiter in determining the real value of the company.
On 21 April 2021, The European Commission adopted a legislative proposal for a Corporate Sustainability Reporting Directive (CSRD). One of the key provisions of the CSRD is that companies in scope would have to report in compliance with European sustainability reporting standards (ESRS) adopted by the European Commission as delegated acts, on the basis of technical advice provided by EFRAG. On 15 March 2022, the EFRAG General Assembly also approved EFRAG’s Due Process Procedures EU Sustainability Reporting Standard- Setting.
Digitalization is all around us. It is an increasingly common term that we encounter in everyday business and faster reactions are guaranteed this way. Frequent changes and market demands dictate the business of each company. Increasingly frequent changes in laws and regulations lead to the application of information and communication technology in everyday life.
Given that digitalization creates new rules and is an increasingly common concept in business, it is necessary to work every day to improve the skills and knowledge of employees. Digitalization ensures effectiveness and innovation and successful response to every challenge.