The amendment to the Accounting Act (Act No. 316/2025 Coll.) increases the threshold for the average number of employees required to prepare a sustainability report. The obligation will newly apply to accounting entities that are public-interest entities, meet the criteria for classification as large accounting entities, and have exceeded an average of 1,000 employees for the relevant accounting period as of the balance sheet date. According to the transitional provisions, the higher employee threshold will already apply to accounting periods beginning on 1 January 2025.
An accounting entity that is not subject to a statutory obligation may designate a document as a sustainability report only if it complies with sustainability reporting standards, either under directly applicable European Union legislation or other internationally recognised standards. A sustainability report – whether mandatory or voluntary – must always be verified by an auditor.
Further adjustments to the obligations of accounting entities and simplification of EU rules can be expected in the future in connection with the Omnibus legislative package.
