On 3 May 2012, the International Accounting Standards Board (IASB) published for public comment an exposure draft of proposed amendments to 11 IFRSs which it will undertake as part of its annual improvements project. Comments are to be received by the IASB by 5 September 2012. Throughout the course of this article you will note [...]
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 [...]
About Clear Books Clear Books is a fast growing team that proudly develops the online accounting application www.clearbooks.co.uk. We are developing a service at the cutting edge of the accounting software market, innovating to make life easier for thousands of small business owners. Clear Books is a team of talented individuals. You will have a [...]
World Trusted Reference Dictionaries from Bloomsbury Publishing Debut on Apple iPhone & iPod Touch Tagstar Publishing today announce the launch on the iPhone and iPod Touch of a rich catalogue of the best-selling Lexicon Reference Dictionaries from leading publisher Bloomsbury Publishing Plc. Affordable and designed for students and young professionals who need easy access on [...]
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 [...]
Steve Collings, audit and technical partner at Leavitt Walmsley Associates Limited answers questions on his forthcoming book IFRS For Dummies which published on 30 March 2012 (UK) and is shortly due for publication overseas. Q. What is IFRS For Dummies all about? A. Essentially the title sums the entire book up perfectly – it’s all [...]
Sir David Tweedie is to become the next President of the ICAS, the professional body of CAs. Sir David, who is regarded as one of the world’s most influential accountants, takes up the role on April 20th, 2012. As former chairman of the International Accounting Standards Board (IASB) and the UK Accounting Standards Board (ASB), [...]
On 3 May 2012, the International Accounting Standards Board (IASB) published for public comment an exposure draft of proposed amendments to 11 IFRSs which it will undertake as part of its annual improvements project. Comments are to be received by the IASB by 5 September 2012. Throughout the course of this article you will note [...]
About Clear Books Clear Books is a fast growing team that proudly develops the online accounting application www.clearbooks.co.uk. We are developing a service at the cutting edge of the accounting software market, innovating to make life easier for thousands of small business owners. Clear Books is a team of talented individuals. You will have a [...]
There are many ‘underwater stones” on our way of financial stability. Thus, when you suddenly experience financial troubles, the best thing to do would be to reduce your expenses, rather than taking extra cash from banks. It is recommended that you save your money in every possible way. Finding a part-time job would supply you [...]
World Trusted Reference Dictionaries from Bloomsbury Publishing Debut on Apple iPhone & iPod Touch Tagstar Publishing today announce the launch on the iPhone and iPod Touch of a rich catalogue of the best-selling Lexicon Reference Dictionaries from leading publisher Bloomsbury Publishing Plc. Affordable and designed for students and young professionals who need easy access on [...]
Sir David Tweedie is to become the next President of the ICAS, the professional body of CAs. Sir David, who is regarded as one of the world’s most influential accountants, takes up the role on April 20th, 2012. As former chairman of the International Accounting Standards Board (IASB) and the UK Accounting Standards Board (ASB), [...]
BTL Group Ltd, the leading, independent provider of assessment solutions, is delighted to announce that the AAT (Association of Accounting Technicians) have renewed their partnership with BTL, to license the Surpass® Assessment Platform for a further five years. AAT is the leading qualification and membership body for accounting and finance staff. BTL and AAT have [...]
Below are a few case studies from AAT students to highlight the alternative options to university. For more details on the AAT qualification please visit the AAT website at www.aat.org.uk Arman Ali Hussain, 17, Scotland Trainee Accountant at Milne Craig Chartered Accountants I left school when I was 16 and knew I wanted to work [...]
AAT is the UK’s leading qualification and professional membership body for accounting staff with over 120,000 members worldwide. If you are looking for a career in finance then the AAT could be for you. Maybe you’re already working in finance but without a qualification and want to build your skills, or thinking of changing careers [...]
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 [...]
Spotted in Private Eye magazine by a keen eyed reader. Among the more obvious lessons of the financial crisis was that accounting and auditing of financial institutions needed drastic improvement. A Lords enquiry last year concluded that the regulators needed a shake-up too. The latter has now happened with a reorganisation of the Financial Reporting [...]
Accountants do Workin’ 9 to 5 by Dolly Parton – who says life in a small office isn’t fun! If you cannot view the movie try this link http://www.youtube.com/watch?v=rsQZTBIG6Nw
PwC Go Audit 1 Cupid Shuffle Dance RemiX – enough said. If you cannot view the movie try this link http://www.youtube.com/watch?v=7vlNg8CKcVg
Preliminary trailer for short film, THE AUDIT written by George Elder and directed by Jennifer Belander. What would you confess to, if you thought it would save your life? The truth will set you free… If you cannot view the movie try this link http://www.youtube.com/watch?v=tMxgAKscmM4
In Divorce Law most divorces will result in a financial settlement between the couple dividing the assets. But what many may not be aware of is that where this involves the transfer or disposal of capital assets held by the couple, there may be capital gains tax implications that need to be considered. In the [...]
If you've chosen accounting as your profession, chances are that you love numbers. But that doesn't mean that they won't bite you back every once in a while. Everyone makes mistakes, but for accountants those mistakes can be far more costly than they are for other professionals. If you forget to carry the one or [...]
Maximise your accounting training with these five career study tips Getting your accounting education is without doubt the best route to a career in accounting. However, while doing so, it’s important to make the most of the time you spend in school before graduating. So many students, especially those that are close to completing their [...]
At Middlesex University, you are given the opportunity to live and study in one the world's most exciting and cosmopolitan cities : London. The institution has been voted top in the capital and tenth in the UK for student satisfaction last year for courses such as an MSc in Accounting and Finance at Middlesex University. [...]
We are pleased to announce the launch of a new site for the accountancy profession which can be found at http://www.accountancyprofession.com The new site aims to bring together in one place all the breaking headlines from across the profession providing students and accountants alike with links to the news they need to read and publishers [...]
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