There are many scenarios that students, and professional accountants, will come across that examine the concept of investment property and it is important that accountants at all levels understand the fundamental concepts as to why investment properties are subjected to a completely separate standard other than that of IAS 16 Property, Plant and Equipment. This [...]
Most of us pay some form of tax and find it a bit annoying that a sum of our income goes straight to the authorities. As such, many try to organise their finances in such a way that they only have to pay the minimum amount of tax. Many people mistake tax avoidance for tax [...]
Students attempting financial reporting papers in the upcoming diet of Summer examinations may need to ensure they have a sound grasp of the accounting for income taxes. Whilst the concept may appear to be ‘simple’, it is surprising how many students go into the examination without sufficient knowledge of IAS 12 Income Taxes. Objective of [...]
ACCA Paper P3 : Business Analysis : Practice Questions and Answers E-book now available to buy from Accountancy publishers www.TonySurridge.co.uk at a cost of just £3 Global accounting publishers, Tony Surridge Online, have just launched their latest addition to their ACCA Professional series. As part of their “+AddVance” study range, Tony Surridge’s ACCA P3 Practice [...]