19.04.2024

Baker Tilly TPA among the best audit firms in Poland

Baker Tilly TPA once again maintained its strong position in the audit market in Poland by taking the 10th place in the audit revenue category in the XXIII edition of the Auditors’ Ranking, conducted by “Rzeczpospolita” and “Parkiet”. Our result also allowed us to join the group of nine companies on the list that exceeded the PLN 100 million revenue threshold last year.

Recent changes in the audit market have required audit firms to adapt quickly and be flexible. Baker Tilly TPA, with its experience and understanding of the market, but also of individual industries, has successfully responded to these challenges, as confirmed by the results of this year’s ranking. We look at the results of this year’s ranking with joy and satisfaction. They are proof of our flexibility and ability to adapt in a dynamically changing environment. Our team of auditors and financial advisors continually demonstrates an excellent understanding of these changes, which allows us to meet and often exceed our clients’ growing expectations. The year 2023 brought a number of challenges, related to market consolidation and tighter regulations, which affected the operations of audit firms in Poland. Nevertheless, as a team, we continue to provide services at the highest level, adapting to the changing needs and expectations of clients,” says Krzysztof Horodko, Managing Partner at Baker Tilly TPA.

In the face of difficulties such as legislative changes and market consolidation, which has resulted in a reduction in the number of operating audit firms and a reduction in the share of the so-called “Big Four” in the audit of listed companies, Baker Tilly TPA has demonstrated resilience and competence, strengthening its position in the market.

Baker Tilly TPA is a leading audit and consulting firm, offering comprehensive audit, financial and business advisory services. With a global network and extensive experience, Baker Tilly TPA supports its clients in achieving their business goals by providing solutions tailored to their unique needs and challenges.

11.04.2022

Real Estate Guidebook 2022/2023. Accounting Case Studies in the Real Estate sector

Real Estate guidebook is a guide describing several dozen case studies based on our experience in international projects for clients from the construction and real estate industries.

The year 2021 in the real estate sector in Poland saw many interesting twists and turns. There was no shortage of positive information during it, although the not-so-good news were also unavoidable.

  • For another year in a row, in terms of the volume of transactions carried out, the leading position was taken by the warehousing sector, which is becoming increasingly attractive thanks to the shift of a significant proportion of sales from the offline to online channel.
  • Major transformations can be seen in the shopping center market – significant declines in popularity have been recorded by large schemes, while small retail parks are gaining at their expense.
  • There is no sign of euphoria in the office market either – the volume of transactions in 2021 was 15% lower than that recorded in 2020. Added to that were frequent renegotiations of leases. Vacancy rates are also on the rise. This is undoubtedly the result of the pandemic and the changes that have taken place in the working rhythm of many companies.
  • The housing market, however, was booming, with high sales and price increases recorded in 2021. The change came only at the beginning of the fourth quarter, in part due to the Monetary Policy Council starting a cycle of interest rate increases, which reduced the availability of credit. Cash buyers also refrained from purchases, anticipating declines in real estate prices in the near future.
  • Things do not seem to be going well in the construction sector. There has been a considerable slowdown reported, while material shortages, supply chain disruptions or problems with the NRF funds could be another impediment to improving indicators in this part of the market.

Combined with the amendments to tax regulations (such as those introduced in the Polish Deal package and effective as of the beginning of 2022) there is no denying that accountants are facing quite a challenge. The task is not any easier for them with the ever-occurring doubts about the interpretation of the new regulations.

To address all this, we present the seventh edition of our “Real Estate Guidebook 2021/2022”. Inside, we have included practical issues and examples that will help in the daily work of finance and accounting departments.

Download

11.04.2021

Real Estate guidebook 2020/2021. Accounting Case Studies in the Real Estate Sector

Real Estate guidebook is a guide describing several dozen case studies based on our experience in international projects for clients from the construction and real estate industries.

Thanks to the reference to specific regulations and clear examples, it provides support for finance and accounting departments which face the accounting and reporting issues in their everyday practice.

The guidebook has been designed to mirror the order in which real estate companies operate and carry out investment activities.

Download

11.04.2020

Real Estate guidebook 2019/2020. Accounting Case Studies in the Real Estate Sector

Real Estate guidebook is a guide describing several dozen case studies based on our experience in international projects for clients from the construction and real estate industries.

Thanks to the reference to specific regulations and clear examples, it provides support for finance and accounting departments which face the accounting and reporting issues in their everyday practice.

The guidebook has been designed to mirror the order in which real estate companies operate and carry out investment activities.

11.04.2019

Real Estate guidebook 2018/2019. Accounting Case Studies in the Real Estate Sector

Real Estate guidebook is a guide describing several dozen case studies based on our experience in international projects for clients from the construction and real estate industries.

Thanks to the reference to specific regulations and clear examples, it provides support for finance and accounting departments which face the accounting and reporting issues in their everyday practice.

The guidebook has been designed to mirror the order in which real estate companies operate and carry out investment activities.

11.04.2018

Real Estate guidebook 2017/2018. Accounting Case Studies in the Real Estate Sector

Real Estate guidebook is a guide describing several dozen case studies based on our experience in international projects for clients from the construction and real estate industries.

Thanks to the reference to specific regulations and clear examples, it provides support for finance and accounting departments which face the accounting and reporting issues in their everyday practice.

The guidebook has been designed to mirror the order in which real estate companies operate and carry out investment activities.

11.04.2017

Real Estate guidebook 2016/2017. Accounting Case Studies in the Real Estate Sector

Real Estate guidebook is a guide describing several dozen case studies based on our experience in international projects for clients from the construction and real estate industries.

Thanks to the reference to specific regulations and clear examples, it provides support for finance and accounting departments which face the accounting and reporting issues in their everyday practice.

The guidebook has been designed to mirror the order in which real estate companies operate and carry out investment activities.

11.04.2016

Real Estate guidebook 2015/2016. Accounting Case Studies in the Real Estate Sector

Real Estate guidebook is a guide describing several dozen case studies based on our experience in international projects for clients from the construction and real estate industries.

Thanks to the reference to specific regulations and clear examples, it provides support for finance and accounting departments which face the accounting and reporting issues in their everyday practice.

The guidebook has been designed to mirror the order in which real estate companies operate and carry out investment activities.

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