Europe: Accounting and Audit

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Article
Consolidation Exemption For Intermediate Holding Companies
The intermediate holding exemption in Dutch financial reporting law allows certain companies to avoid preparing consolidated financial statements, but its application requirements remain subject to interpretation and uncertainty in practice. This analysis examines the specific conditions that must be met to qualify for the exemption and explores the practical consequences and ambiguities that arise when companies attempt to apply Section 2:408 of the Dutch Civil Code.
Netherlands Accounting
LL
Loyens & Loeff
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Article
In Turkish Commercial Law The System Of Keeping Non-Accounting Corporate Books Electronically
Radical steps have long been taken in the Turkish commercial landscape to increase transparency, reduce bureaucratic hurdles, and integrate digital transformation with corporate governance principles. The Turkish Commercial Code No. 6102 (TCC) historically regulated the maintenance, notary certification, and retention of corporate books within a traditional, physical framework.
Turkey Commercial
SO
Sakar Law Office
Article
Türk Ticaret Hukukunda Muhasebeyle İlgili Olmayan Ticari Defterlerin Elektronik Ortamda Tutulması Sistemi
Türk ticaret hayatında şeffaflığın artırılması, bürokratik süreçlerin azaltılması ve dijital dönüşümün kurumsal yönetim ilkeleriyle entegre edilmesi amacıyla uzun süredir köklü adımlar atılmaktadır. 6102 sayılı Türk Ticaret Kanunu (TTK), ticari defterlerin fiziki ortamda tutulması, noter onayına tabi tutulması ve saklanması süreçlerini geleneksel bir çerçevede düzenlemişti.
Turkey Commercial
SO
Sakar Law Office
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Article
Is A Lack Of Payment Visibility Damaging Your Customer Relationships?
For accounts payable (AP) providers and platforms, delivering a seamless customer experience is crucial. Yet, a significant pain point for many users is the lack of payment visibility. When customers don’t have clear insights into their payment statuses, it can negatively impact cash flow management, budgeting, and reconciliation. Addressing this issue isn’t just a matter of convenience – it’s essential for fostering trust and loyalty.
Worldwide Finance
IG
IR Global
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