Dirk Vandendaele Archives

Waiving commercial rent

Waiving commercial rent After fiscal clarity, now also accounting clarity Dirk Vandendaele, Partner BDO Accountancy The COVID-19 pandemic forced many companies to close their doors partially or completely. Liquidity problems and difficulties in paying the commercial rent soon followed. The temporary waiving of the rent brought some relief. In a recent opinion, the Belgian Accounting Standards Commission (CBN) explains how you can process the waiving in your accounts. Waiving is not [...]

How do you budget in times of corona?

How do you budget in times of corona? For many companies, it’s time to get to work on the annual budget. However, the economic impact of the COVID-19 health crisis is not making it any easier to define plans and budget for the coming year. After all, companies must anticipate various scenarios and take into account specific risks and opportunities within the business environment. But because lack of certainty is a poor advisor, we will attempt to answer [...]