Director, Accounting outsourcing, Head of IFRS
Krisztina Reinincs is an economist and a certified accountant, specialised in IFRS. She has 20 years of experience in Hungarian and international accounting and accounting advisory. She started her career at an international accountancy firm. She joined RSM Hungary in 2006 where as deputy head of accounting, she supported the entire accounting business line by organising and coordinating the function. Currently, as accounting director and independent head of IFRS, she leads complex accounting advisory and project accounting assignments.
She has extensive professional experience in various specialised areas of accounting, such as international accounting (IFRS, US GAAP),financial accounting, and consolidation.
Areas of expertise
International accounting (IFRS, US GAAP) | Complex accounting advisory | Financial accounting | Consolidation|
IFRS 18, which was published in April 2024, represents a significant change in the way entities adopting IFRS will present their financial performance. Companies covered by IFRS will be required to prepare their financial statements using a new structure to make their financial performance more comparable.
Read moreFind below the most important changes in accounting coming into force in 2024, which companies should integrate into their accounting and auditing systems at the beginning of the year. Please note that the Accounting Act was amended several times in 2023, and these accounting changes were regulated in various pieces of legislation*.
Read moreIn Hungary, all listed companies, credit institutions and financial enterprises equivalent to credit institutions are required to prepare their annual financial statements in accordance with IFRS. In addition, certain companies have the option to prepare their annual financial statements in accordance with IFRS. The rules for the first-time adoption of IFRS are complex, and we will go through the details in our blog post below.
Read moreIFRS does not only address current tax effects and current tax, but also future income tax consequences, taking into account the so-called deferred tax, which is to be recognised in the IFRS financial statements under IAS 12.
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