accounting standards

Many companies receive grants for all sorts of different things, for example when a company wants to expand and set up in a deprived area, the company may receive a grant from the government to

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Steve Collings tackles one of the topics that causes the most trouble for practitioners: when and how to measure and recognise goodwill in a client’s financial statements.

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The way audits are conducted by firms of professional auditors has become more regulated over the years, with the overarching objective of this regulation being to ensure that audits are conduc

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I am a trainee accountant and I have a course assignment to assess whether an accountant’s duty of care has been breached.

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2012 will hopefully see a breakthrough in the progress towards changing UK GAAP.  Although many practitioners are not in favour of the change, the Accounting Standards Board (ASB) is working ha

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There has been much talk lately of accounting standards: what they are, what they are for, and whether they should be relaxed for some small businesses, explains Simon Sweetman.

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Steve Collings gets to grips with the exposure draft for a new international standard on revenue recognition. Sooner or later, you will need to do so as well, he warns.

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The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) have issued a

A proposed accounting standard for “public benefit’ organisations is a step in the right direction but should be improved before its introduction, the In

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Professional ethics – two words which are central to our profession.

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