Financial reporting

Company A buys IT equipment some of which it sells to customers and some of which it leases to customers usually over 3 years.

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I'm doing accounts for a small charity and in the year two grants were received for capital equipment.

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Professional bodies have pushed for transparency in investor statements, but in this challenging economic environment, firms should also be using their statements as a marketing opportunity, ar

We use IAS 11 to recognies our Rvenue and margins on contratcs. Recently we had a contract where one of the units was burnt down. Under the contract we have to make good this unit. We are insured.

A company has made a loan to a SIPP, the SIPP is in the personal names of two of the directors.

Does this transaction need to be treated as a S419 type transaction.

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How do you post bar takings ( customer sales ) onto sage

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Steve Collings outlines how to apply the going concern concept when preparing financial statements.

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I have a small start up where a few investors have put in a few thousand each, the first year is completed and so far the expenses involved are professional fees mainly relating to feasability stud

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I'm looking at a charity but I think this is true for all companies.

Section 236 for the SORP states that:

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A client has received a corporation tax repayment in the accounts we are preparing for them of £3k which obviously relates to the previous year.  They have debited the bank account & credited t

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