Which Expenses Can Be Legally Reduced and Optimized?
A Practical Guide for Medium-Sized Companies from the Perspective of an Accounting Firm In today’s dynamic business environment, the question of how to reduce costs without breaking the law or compromising the quality of services is becoming increasingly relevant. As an accounting firm working with dozens of medium-sized service companies, we know that the key […]
Major Regulatory Changes Coming in May 2025: What Companies Need to Know About the New Broadcasting Fee System
Starting in May 2025, the rules of the game are changing. An amendment to the Broadcasting and Television Fees Act (Act No. 348/2005 Coll.) introduces a new system that will significantly impact businesses of all sizes, entrepreneurs, and public institutions. While the change is often presented as “just a few extra crowns,” for legal entities […]
Accountants and Artificial Intelligence: Where Does the Algorithm End and the Human Begin?
Just like in many other fields, one major topic keeps circulating around accounting: artificial intelligence. And with it comes a question I’m hearing more and more often from clients and colleagues alike:“Will a robot replace us?” Honestly? I don’t blame them for asking. Technology has advanced at a breathtaking pace in recent years. What seemed […]
Švarcsystem: Short-Term Relief, Long-Term Risk
At Intras Consulting, we understand that collaboration with self-employed individuals (freelancers) is an attractive way for many companies to ensure flexibility and optimize costs. However, with the amendment to the Employment Act taking effect on January 1, 2025, penalties for illegal employment through the so-called Švarcsystem have been significantly tightened. What is the Švarcsystem? The […]
Costs are more than just an accounting figure
In a recent interview for Radiožurnál, the CEO of Czech Post made a surprising statement: until now, Czech Post has not tracked costs by individual operations or departments. As much as I find it hard to believe that the reality is as the CEO’s responses suggested, in the context of the planned sale of the […]
Why Is a Company Conference More Than Just a Meeting?
At Intras Consulting, we see our annual company conference as more than just a checkpoint. It’s a moment to pause, reflect, and breathe new energy into the future. It’s not just about formally reviewing results or setting goals for the coming year. It’s a space where we, as a team, speak openly about what’s working, […]
Flexi Amendment to the Labour Code: Greater Freedom, Greater Responsibility. Are You Ready?
While employers are getting used to the changes effective from August 2023, legislation isn’t resting. A new extensive amendment to the Labour Code, informally referred to as the Flexi Amendment, is on the table. It introduces a number of important changes aiming at greater flexibility – in employment relationships, working time arrangements, and agreement options. […]
Forensic Accounting
Forensic Accounting: A Tool for Uncovering Fraud That Can Threaten a Company’s ExistenceIn the world of small and medium-sized enterprises (SMEs), it’s often assumed that fraud is “a problem for the big players.” However, statistics show a different reality – smaller companies are frequently targeted due to weaker internal controls. For example, nearly 30% of […]
Expansion of a Foreign Company into the Czech Republic
The Czech Republic is an attractive destination for foreign companies looking to expand into the Central European market. Its strategic location, stable economy, and business-friendly environment make it an ideal place for international firms to grow. However, entering the Czech market can be administratively and legally complex. That is why we offer comprehensive services to […]
Payment discipline and receivables management
Evolution of Payment Discipline The payment discipline of companies has changed significantly over the years. While it was once common for obligations to be settled on time, and businesses could rely on mutual trust, recent years have seen a growing issue of extended invoice due dates and an increase in overdue receivables. Economic uncertainty, legislative […]
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