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Brexit and Accountants
From my personal perspective, currently there are various factors that are contributing as key challenges for the UK economy. Recently, the EU referendum has had a significant impact ...
Dumping of FMCG
Meaning: Dumping, generally means sell of goods to another country at less than the cost of production, but technically dumping is not selling of goods at a loss, but it is a strategy...
How to Ace the Professional Accountancy exams!
#145I know someone with a First from Cambridge
who failed all the first stage exams and got sacked Apparently, each
module has the same amount of content as a degree If...
BUSINESS BUDGETING AND IT`S ADVANTAGES AND SHORTCOMES
BUDGETING Business activities for the future period are planned with forecast in systematic way by planning ,organizing ,coordinating and directing towards to achieve a fixed objectiv...
How to be come a better teacher
A few months ago a colleague asked me to recommend a book for his new department
reading group. I rattled off the names of several, but then wondered if a
packet of articles might...
Errors and suspension account
Trial Balance After completing the double entries we close the ledger accounts and day books and then listings all of the balances in a sheet in order to find or confirm that our entr...
Five Top Tips for successful revision!
Five Top Tips for successful revision! As it is coming closer and closer to your exam date, it is
only natural that panic mode kicks in and sooner or later and you begin to have
m...
Tax Refund
HMRC's new system will mean that refunds are made to the account of the debit or credit card used to make a payment. According to personal tax partner, Nimesh Shah, this could lea...
IFRS 15
On 28 May 2014, the International Accounting Standards Board (IASB), as a result of the joint project with the US Financial Accounting Standards Board (FASB), issued IFRS 15, Revenue ...
HOW TO LEARN ACCOUNTING
Accounting students struggle at the later, more advanced stages of accountancy courses because the study of the earlier foundation stages are often approached mechanically - learning ...