HLB Poland

17/08/2026

Registration on Poland’s official list of audit firms does not prove that a firm is suitable for your audit.

Before appointing an audit firm in Poland, management boards and CFOs should verify both the firm itself and the key statutory auditor assigned to the engagement.

📌 The audit firm and key statutory auditor require separate checks.

The firm should appear on the official list of audit firms, while the individual should be verified in the PIBR register.

⚠️ PANA penalties should be reviewed in context.

Companies should assess what the infringement concerned, when it occurred, whether it was isolated or systemic, and what remedial measures followed.

📌 Independence must extend beyond the Polish entity.

For international groups, services provided by foreign entities within the same network may also affect the independence assessment.

📌 Registration does not confirm sector expertise or sufficient resources.

The proposed team, access to tax, IT and valuation specialists, timetable, data exchange and partner involvement should also be assessed.

The appointment should therefore combine formal, technical and operational verification — not rely on registration or reputation alone.

👉 Read our full checklist for verifying an audit firm in Poland before appointment.

Learn how to verify an audit firm in Poland by checking official registers, auditor independence, penalties, experience and team resources.

17/08/2026

Revenue leakage often starts when an existing client takes its next advisory project elsewhere.

As AI automates more compliance work and clients gain access to more providers, technical expertise alone may no longer secure long-term loyalty for advisory and accounting firms.

📌 Advisory opportunities may remain hidden within existing relationships.
A client may continue using core services while selecting another provider for its next strategic project.

- Pricing becomes harder when clients do not understand the value delivered.

Systematic client conversations can help firms identify what clients value and where fee increases may require clearer justification.

- Client listening is a commercial growth strategy.
Leading firms use client insight to strengthen retention, uncover advisory needs, improve pricing confidence and support strategic decisions.

👉 Download the HLB report https://bit.ly/4pHXcrL

16/08/2026

Difficult audits are rarely caused by one isolated accounting error.
More often, they reflect weaknesses in the company’s financial reporting infrastructure.

The issues typically appear before the auditor starts fieldwork: incomplete documentation, late information from business units, unclear accounting policies, insufficient evidence for estimates, weak approval trails or incomplete disclosures in the notes to the financial statements.
For CFOs, this is a process and controls issue.

If finance receives key commercial, legal, HR, tax or operational information too late, the audit process becomes compressed and judgement-heavy. That increases the risk of late adjustments, extended audit procedures and pressure on reporting deadlines.

A clean audit process is not created during the audit.
It is created throughout the year. https://bit.ly/4eZK78i

12/08/2026

The businesses pulling ahead aren't transforming once; they're building the ability to adapt continuously. ⚙️

For mid-market businesses, transformation can no longer be treated as a one-off programme. Those creating lasting value are embedding change into the way they operate.

Our latest insights explore how leaders can build more agile organisations, make better decisions and stay competitive in an increasingly uncertain environment.

Read the full article 👉 https://bit.ly/4ghb2OD

07/08/2026

For many organisations, audit is still associated mainly with the statutory audit of annual financial statements.

In practice, boards and CFOs may need independent assurance across several areas: IFRS reporting, EU-funded project settlements, IT systems, internal controls, restructuring plans or assurance procedures required under the Commercial Companies Code.

Each of these areas addresses a different risk.
- IFRS reporting risk affects comparability and group reporting.
- EU project audits affect the eligibility and settlement of public funding.
- IT systems audits affect data integrity, access rights and processing controls.
- Internal audit affects risk management, control environment and governance.
- Transaction-related assurance affects legal and shareholder processes.

For executive teams, assurance should not be viewed only as a statutory requirement.

Used properly, it provides confidence in information that supports decisions, funding, compliance, transactions and stakeholder reporting.

Want to learn more about statutory audit in Poland? Contact our team today https://bit.ly/4eZK78i

17/07/2026

A Polish statutory audit cannot be left until after the year-end closing.

For companies operating in Poland, especially foreign-owned subsidiaries, the audit should be coordinated with inventory counts, corporate approvals, statutory reporting and group deadlines.

✅ Check the statutory audit requirement before year-end.

For many entities, an audit is mandatory when at least two of three thresholds were met in the preceding financial year: 50 full-time equivalent employees, EUR 3.125 million in total assets or EUR 6.25 million in net sales revenue.

📌 Appoint the audit firm before material inventory counts.

The auditor may need to observe physical counts. The first statutory audit agreement must generally cover at least two years.

⚠️ Use the correct corporate procedure.

The audit firm is normally appointed by the body authorised to approve the financial statements, not independently by the management board.

❗ Plan approval and KRS filing deadlines.

Annual financial statements should generally be approved within six months of the balance sheet date and filed with the National Court Register within 15 days of approval.

🌐 Foreign-owned companies should also reconcile Polish statutory accounts with IFRS or other group reporting requirements.

Early planning reduces late adjustments, reporting inconsistencies and deadline risk.

👉 Read the full step-by-step guide to financial statement audits in Poland.

Learn when an audit in Poland is mandatory, which thresholds apply, how to appoint an auditor and what filing deadlines companies must meet.

15/07/2026

For companies operating in Poland, statutory audit should not be treated as a technical year-end formality.

For limited liability companies and partnerships, the obligation may arise when at least two out of three statutory thresholds are exceeded:
- 50 FTEs
- EUR 3.125m in total balance sheet assets
- EUR 6.25m in net sales revenue

The key point for CFOs: the thresholds do not require all three criteria to be met. A company may trigger the audit requirement through revenue and assets, even with a relatively lean headcount structure.

There is also an FX component. The EUR thresholds are converted using the NBP exchange rate as at the last day of the financial year. As a result, audit status should be reviewed before year-end closing — not only after the accounts are prepared.

From a board perspective, late identification of the audit obligation may create avoidable pressure around auditor appointment, reporting deadlines, shareholder approvals and filing. https://bit.ly/4eZK78i

13/07/2026

We’re excited to present the official video recap of the 14th editi...

13/07/2026

10/07/2026

In Poland, not every statutory audit obligation depends on size thresholds.

Certain entities are subject to mandatory audit regardless of revenue, assets or headcount. This includes, among others, joint-stock companies, banks, insurance and reinsurance undertakings, financial institutions, investment and pension funds, and securities issuers.

This distinction matters for boards and finance leaders.
A company may not exceed the standard thresholds and still be required to have its financial statements audited due to its legal form or regulated activity.

For CFOs, the audit assessment should therefore start with two separate questions:
Are we an entity always subject to statutory audit?
If not, do we exceed the applicable threshold criteria?

Treating audit status purely as a numerical threshold exercise can lead to incorrect conclusions.

From a governance perspective, the audit requirement should be mapped early in the reporting calendar, documented internally and reflected in the timetable for approval and filing of financial statements.

Read more: https://bit.ly/4eZK78i