RSSArchive for April, 2013

Apr

26

FRS 102: The cash flow statement

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FRS 102: The cash flow statement

This is the fourth in a series of articles that considers the accounting and disclosure requirements contained in FRS 102 The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and which becomes mandatory for companies within its scope for accounting periods commencing on or after 1 January 2015 with the objective […]

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Apr

18

Financial Accounting for Dummies

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Financial Accounting for Dummies

Purchase this book on Amazon Learn to: Determine what each line of a financial statement tells you Tackle the core accounting methods and concepts Understand financial accounting in the context of GAAP and IFRS Master financial accounting basics – fast! Whether you’re an accountancy student studying for your degree, you’re working towards ACCA qualification or […]

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Apr

15

Accounting for share buybacks

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Accounting for share buybacks

It is not uncommon to hear of companies purchasing their own shares from shareholders.  Typical scenarios include shareholders who wish to sell their shares in a company where other shareholders may not wish to buy them or where the shareholders are unable to raise the cash to purchase them. The accounting for such buy-backs can […]

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Apr

12

First-time adoption of FRS 102

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First-time adoption of FRS 102

For many practitioners in the UK, the implementation of FRS 102 The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland spells long working days, stress-induced sleepless nights and a feeling that no sooner has self-assessment season ended, the equivalent financial reporting nightmare has started.  However, with careful planning this need not […]

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Apr

2

If at first you don’t succeed….

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If at first you don’t succeed….

Steve Collings tells us how his faith in his own abilities ensured he got his first book published, and as a result, how it feels to work on the editorial board of one of the world’s largest publishing houses. It takes a certain kind of person to persevere in getting what they strongly feel is […]

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