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Zoltán Balogh

AI Act - The importance of regulating Artificial Intelligence

The European Union\'s new Artificial Intelligence Regulation (AI Act) introduces new challenges and obligations for organizations that use artificial...
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Diána Varga

Implementation of a new ERP System: Tax and accounting pitfalls to watch out for

The implementation of a new ERP system is not merely an IT project, but a complex transformation that affects nearly every operational area of a company. This is especially true when the ERP system is provided by a foreign parent company and needs to be adapted to the Hungarian regulatory environment. The key to a successful implementation lies in thorough planning, well-thought-out processes, and, last but not least, the involvement of appropriate expert support –...
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NIS2 Compliance for Organizations with Minimal Business Operation

Under the Hungarian NIS2 regulation, organizations may also fall within the scope even if the business operation or the number of employees is limited, but the entity’s revenue or sectoral relevance meets the thresholds set out by the legislation. A typical example would be a solar park operator that employs only a few individuals, yet qualifies as a NIS2-regulated entity due to its high turnover or critical role within a key sector.

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Acquisition – A Game of Price and Emotions

The focus of company acquisitions is always on the price, but transactions are not solely determined by rational financial decisions. The emotional attitudes, intuitions, and psychological biases of sellers and buyers can significantly influence the process. Let’s take a look at the two main pricing methods and the psychological factors that must be considered for a successful transaction.

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