The merger and acquisition (M&A) landscape across Europe has continued to transform, shaped by changing macroeconomic conditions, the rise of technology, and the ongoing impact of Private Equity (PE) capital deployment. Whilst larger deals remain more sensitive to global uncertainty and interest rates, the small and mid-cap market continues to show resilience and robust activity. Read our colleagues' latest insights article on the real sentiment of M&A across Europe.

Early warning signs can save a business from dealing with partners on the brink of insolvency. As a financial advisor, I often see signs that are ignored or not easily noticeable. The goal of this article is to summarize the main financial, behavioral, and industry signals and action options.

Baker Tilly has been recognized by TIME as one of the “World’s Best Companies 2025,” honoring organizations that shape the future through innovation, performance, and a clear corporate vision.

To enhance contact information exchange and communication with clients and business partners, the company has introduced a digital business card solution, replacing traditional paper business cards with a more environmentally friendly alternative.

The position of CFO is relatively expensive in Latvian conditions, however, without a CFO it is difficult to create budgets, plan investments, and attract financing, as well as ensure the development and implementation of the company's strategy, including capital appreciation. What are the available economic solutions and what are the advantages of outsourcing the CFO (so-called "fractional CFO"), read in the latest article by Reinis Ceplis, partner at Baker Tilly Baltics AS.

The European Union is undergoing a digital transformation in how businesses handle invoicing. As of 2025, new mandates are accelerating the adoption of electronic invoicing (e-invoicing) across the continent, affecting both public and private sectors. Read more about the impact of these changes on managerial and financial accounting processes in an article by Baker Tilly Baltics partner Toms Zirdziņš.

Up until now, the State Revenue Service (SRS) has regarded tea and coffee provided to employees in the office as expenses unrelated to economic activity. However, a question arises in the context of collective agreements: if such an agreement stipulates that employees are offered tea and coffee daily (during coffee breaks), are these expenses considered business-related, or are they subject to corporate income tax? Read the article by our leading tax advisory expert, Anna Vilka, on this matter.

In this article, Baker Tilly Baltics leading tax advisory expert, Anna Vilka, analyzes the difference between using an item for advertising purposes and presenting it independently as part of a representational event.

The energy and utility sector is undergoing a transformation as technological advancements and market forces reshape infrastructure investment and grid management strategies. As utilities navigate this evolving landscape, strategic planning is more critical than ever to invest in energy infrastructure that is modernized, flexible and resilient. Read more in our international network partners' article!

The European Union’s Artificial Intelligence Act is reshaping how financial and managerial accounting functions operate across Europe and beyond. As AI becomes integral to accounting, audit, and financial services, the Act introduces a rigorous, risk-based framework to ensure the transparent and accountable use of AI. This directly impacts financial data, risk, and compliance management. To learn more about these developments, read our latest insight by Baker Tilly Baltics partner Reinis Ceplis.

AML is a set of laws and regulations designed to detect and prevent financial crimes such as money laundering and terrorist financing. While traditionally associated with banks, as a part of the Bank Secrecy Act (BSA), these regulations are no longer limited to just traditional financial institutions. Financial technology companies (fintechs), as key players in today’s digital economy, are also under increasing scrutiny when it comes to AML compliance.