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Doing Business in Poland2.5 Audit and Accounting RequirementsPolish accounting law sets out regulations and principles regarding accounting and financialreporting. Accounting records must be maintained in the Polish language and in Polish zlotys.Entities must comply with the format for financial statements specified under the accountinglaw. An annual report by the board of directors of the company is also required. Theaccounting records must be held at the company’s registered office or at the office of anauthorised independent accounting service.Compliance with accounting regulations must be maintained at all times and even thoughthese are broadly similar to international standards, local expert assistance is required.An audit is required for certain limited liability companies and all stock companies, banks andinsurance companies.2.6 Filing RequirementsAll companies and partnerships registered in the National Court Register must file financialstatements and an annual report with the Business Register of the National Court Register.The audit opinion, where applicable, is also filed with the Register.9