When a nursing home is acquired as a going concern by a limited company it is important for accounting and tax purposes that the consideration is allocated appropriately between i) the property, ii
Our client wishes to recognise the value of his Brand on his balance sheet. This is not a purchased brand or a brand with a ready valuation. He feels that he can obtain a third party valuation an
The accounting for fixed assets is, in many cases, a straightforward exercise, but it isn’t always so when it comes to the issue of intangible fixed assets and rec
Steve Collings outlines the fundamental principles of accounting for goodwill and intangible assets and assess the differences between current UK GAAP, IFRS and the proposed IFRS for SMEs.