Does your company have enough money to pay its invoices, salaries, taxes, and other obligations on time? This is what financial liquidity shows. It is important to remember that a company can generate profits, have many customers and still struggle to find enough cash to cover its day-to-day expenses. This
In fact, 60%–75% of businesses that went bankrupt (in France and England) were profitable* So, what is the problem with analyzing a balance sheet and an income statement? Consider a company that: At first glance, everything looks fine—but once you start analyzing the financial ratios, the picture changes completely: The
As a company grows, every entrepreneur faces a dilemma: whether to hire a full-time in-house accountant or to opt for working with an external firm. The costs of running an in-house HR, payroll and accounting department can be high, and finding a qualified specialist on the labour market is becoming
I was a manager with many years of professional experience in various areas of finance: management control, accounting, taxes, auditing, budgeting, and project management. I gained my professional expertise in the manufacturing, insurance, and financial services industries. My experience is supported by a college degree earned in Germany—from the Bergische
The Director of the National Tax Information Service, in an interpretation dated 22 June 2026 (ref. 0112-KDIL1-3.4012.251. 2026.2.ŁW) confirmed that the fact that a given service is not subject to VAT in Poland does not automatically mean that there is no obligation to issue an invoice via the National e-Invoice
An increasing number of individual rulings and administrative court judgements point to a clearly more restrictive approach to withholding tax (WHT) on payments for cloud services and certain software licences. In practice, this means that payments which for years were regarded as neutral from a WHT perspective may now be
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