Financial reporting | AccountingWEB

Financial reporting

I am looking to apply for an Acca spare time practising certificate and am looking for a sole practitioner or firm that could help me with the continuity of practice. I am based in Birmingham.


I took on a new client recently who was struggling cashflow and left their accountant of 10 years 


I have a question regarding treatment of Share Premium on closure of business. At the date of cease to trade Share Premium account stood at £140k and accumulated loss £250k.



I have a question on how best to set up a business that acquires properties, renovate and renting them out, from a VAT perspective. 


13/14 SAGE adjustments done by the previous adviser adjusted Creditors, Debtors & Bank.


I am doing bookkeeping for a letting agency in sage account i have setup the accounts separately as client and company accounts. 


We have a UK limited company client who has a director/shareholder working remotely from Holland.



Hi all, hope you are well on this fine Friday morning!

I have a few queries on Entrepreneur's Relief if any can help.

The facts:


I work for a UK based company who is going to be organising freight transport between Spain and South Africa, so we are acting as an intermediary.  Normally I would charge VAT on the haulage elemen

A company has quite a few shareholders but the main one's are the 2 directors (husband and wife have 23.3% each) and the husband's brother has 9.4% - how do I phrase the controlling party note?