Skip to main content
Baker Tilly Latvia
Close
Insights
Reset
Article Advisory Other industries
From experimentation to integration
With forecasts estimating the long-term AI opportunity at trillions of dollars in added productivity growth potential from corporate use cases, it’s no surprise that C-suite executives globally say helping their business speed up adoption of AI will be important over the next year. But will AI truly become the backbone of strategic planning, or will it continue to play a supportive role?
Apr 28, 2025
Article on AI
Advisory Other industries
The future of work
The workplace has undergone a dramatic transformation in recent years, driven by shifting employee priorities and an increasingly diverse workforce. With multiple generations in the mix, companies must adapt their environments to meet evolving expectations.
Ivo Rudzītis Signe Zīgela Apr 14, 2025
Office Work
Article Advisory Other industries
Smarter rules or looser standards?
A sweeping rollback of key European Union (EU) green laws is on the table, potentially relieving tens of thousands of businesses from disclosing their environmental impact and climate risks. Last month, the European Commission (the Commission) announced that 80 per cent of EU companies could be exempt from mandatory sustainability disclosure requirements under its eagerly anticipated Simplification Omnibus package – marking a stark shift from the EU's previously aggressive environmental stance.
Mar 20, 2025
ESG
Article Tax and Legal Advisory Other industries
EU announces major CBAM simplifications: Reduced compliance burden for SMEs
On the 26th February, the EU Commission announced its ‘Omnibus’ package, confirming the simplifications to the Carbon Border Adjustment Mechanism (CBAM). The proposal document and supporting ‘Commission Staff Working Document’ (SWD) were released the following day, outlining amendments to CBAM Regulation 2023/956. Baker Tilly Ireland have reviewed the key points of interest from the proposal document and provided analysis.
Mar 20, 2025
EU announces major CBAM simplifications
Article Advisory Other industries
Application of an appropriate discount rate when performing an impairment test of assets
When conducting an annual audit, significant issues may emerge that could substantially affect a company's financial results. One of the most common concerns among business owners is the impairment testing of assets which directly impacts the company's profit and loss statement by increasing expenses, which, in turn, reduces equity on the balance sheet. This reduction can limit the company’s ability to pay dividends, weaken its equity ratio, and trigger a breach of bank loan covenants.
Reinis Ceplis Feb 6, 2025
Discount rate BT
Article Advisory Other industries
The ESG evolution: What 2025 holds
Stricter regulations, rising investor expectations and rapid technological advancements are poised to make 2025 a defining year for the global environmental, social and governance (ESG) landscape. Our Baker Tilly International network in Brazil partners discuss the trends.
Jan 30, 2025
The ESG evolution What 2025 holds
Contact one of our experts
Contact us