May 21, 2017

I have been into teaching of ACCA in India for some time now (Since 2010), and have had the privilege of training students from American Express, KPMG, EY, Deloitte, Mazars, and many other large corporate. The one comfort I talk of ACCA is that it is a Chartered qualif...

May 20, 2017

A typical Report for CIMA Strategic Case Study on Dividend Policy or Dividend payment decision!

I would not presume a tech company or a social networking business (if the strategic case study discusses such a business) to be ever paying dividends to its shareholders. At...

May 19, 2017

ACCA, the largest accounting body in the world, has reached the last leg to bring its examinations pattern online. And why not, primarily major qualifications in accounting like CFA / CPA / CMA / CIMA are all now tested online. An online assessment methodology provides...

May 11, 2017

This blog in particular relates to my friends who are already working in industry and wish to pursue a qualification. Sincerely, be it any field (marketing, IT, finance, accounting, management or others), I take a presumption that every individual is only given 24 hour...

May 7, 2017

The session discusses the accounting treatment of Contingent Liabilities and difference between a provision and a contingent liability

May 6, 2017

Which qualification should you pursue?

Many students who I counselled in the past while teaching global F&A programs like ACCA, CIMA or IFRS had this obvious question in their minds – what is the scope of the course and how much salary I expect to receive post-completio...

May 6, 2017

Management Accounting vs Financial Accounting

Management accounting is primarily concerned with the preparation and presentation of information to management to help them plan, control and makes decisions about the operations of the business. For example, how many stude...

March 30, 2017

IAS 20 deals with accounting and disclosure of government grants and government assistance.

Government, according to the standard, refers to government, government agencies and similar bodies, whether local, national or international.

Government Grants are assistance by...

March 29, 2017

Recognition Criteria Under IFRS 5

IFRS 5 provides that the asset under consideration must be available for immediate sale in its present condition subject to terms that are usual and customary for sales of such assets and its sale must be highly probable.

Immediate sale

E...

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