Tag: featured

IAS 40 Investment Property

| May 10, 2012 | 0 Comments

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 […]

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What is tax avoidance?

| May 1, 2012 | 0 Comments

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 […]

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Be Within Touching Distance of Knowledge

| April 20, 2012 | 0 Comments

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 […]

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Accounting for Income Taxes

| April 20, 2012 | 0 Comments

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 […]

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Steve Collings and IFRS For Dummies

| April 19, 2012 | 0 Comments

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 […]

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Tweedie to become ICAS president

| April 19, 2012 | 0 Comments

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), […]

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I am going through a divorce and wish to know what the tax implications are?

| April 3, 2012 | 0 Comments

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 […]

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Get your numbers right: Guide to the right insurance

| January 26, 2012 | 0 Comments

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 […]

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The AAT Accounting Qualification

| September 5, 2011 | 0 Comments

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 […]

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