CPD articles from AB magazine
Accounting and Business magazine is a rich source of CPD. If you read it to keep yourself up to date, it will contribute to your non-verifiable CPD.
If you read an article, learn something new and apply that learning in some way, it will contribute to verifiable CPD. Each month, we publish CPD technical articles with related questions to answer. If they are relevant to your development needs, they can contribute to your verifiable CPD. One hour of CPD learning equates to one unit of CPD.
Read CPD articles published after 2020 on the AB magazine website.
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2020 articles
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Automating accounting ethics
Changes to business models as a result of Covid-19 and artificial intelligence are encouraging a renewed approach to ethics
October 2020Accounting for undistributed income
A recent tax appeal case has highlighted the issues that the close service company surcharge can create for incorporated accountancy practices
October 2020Making sense of ESG
Sustainable investing in Asia is growing along with the need for better communication to boards
October 2020The value of better disclosure
Environmental, social and governance reporting in China has improved as companies learn how they help achieve sustainable goals
October 2020Messages with impact
When championing an issue, engage your audience by using personal stories rather than raw data, says Dr Rob Yeung
October 2020Insolvency and directors’ duties
Rising high up among the numerous risks that directors have to manage during the pandemic is insolvency
October 2020The building blocks of taxation
There are three fundamental goals that every tax system should strive for
October 2020Managing your emotions
By learning how to recognise and deal with stressful situations, we can improve our wellbeing and performance at work, says Dr Rob Yeung
September 2020IASB’s new proposals address the problem of measuring goodwill impairment
A recent discussion paper attempts to find a solution to the perennial puzzle
September 2020Covid-19 and intangible assets
Dr Pearl Tan FCCA considers how the widespread use of technology and investment in research and development during the pandemic will impact on IAS 38
September 2020Innovation spending spree
With China, South Korea and Japan now established innovation leaders, other Asian countries are starting to make a global mark too
September 2020Digital stars in post-Covid recovery
Businesses are looking to digital transformation to beat pandemic slump
September 2020Workplace personality tests are only as good as the science behind them
How useful are personality tests when it comes to selecting and developing your people? Dr Rob Yeung looks into the reliability and validity of questionnaires
July 2020Climate-related risks can no longer be ignored in financial reporting
Barbara Davidson explains why material climate-related risks can no longer be ignored in financial reporting, particularly for companies in carbon-intensive industries
July 2020The IASB is listening to investors' concerns about goodwill and impairment
An IASB discussion paper on goodwill and impairment reveals the problems investors have in assessing subsequent performance, says Adam Deller
July 2020The EU's unified classification system takes guesswork out of sustainable investing
At last, there is a single, reliable way to identify environmentally sustainable activities. Barbara Davidson provides an update on the EU’s unified classification system
June 2020Creating a culture of compassion in the workplace is good for people – and for business
Encouraging a culture of compassion in the workplace can boost happiness, improve self-esteem and lead to better performance, says Dr Rob Yeung
June 2020As Covid-19 wreaks havoc, professional accountants have a key role in preventing white-collar crime
At times of economic crisis, white-collar crime rises and, as the Covid-19 pandemic continues, accountants have a key role in ensuring due diligence and compliance
June 2020How Covid-19 will affect adjusting events, impairments and financial instruments
As the impact of Covid-19 on financial statements begins to hit home across the globe, Adam Deller looks at adjusting events, impairments and financial instruments
June 2020Adam Deller gives the lowdown on accounting for sale and leaseback
With the removal of the distinction between operating and finance leases, Adam Deller explains the new accounting treatment for sale and leaseback arrangements
May 2020Organisational leaders can motivate employees by focusing on more meaningful goals
Doing a job that is both meaningful and compatible with your values can lead to greater satisfaction, higher levels of commitment and better health, says Dr Rob Yeung
May 2020Firms should adopt a clear policy on relationships at work
The #MeToo movement has changed views on relationships at work, and accounting firms need to think about how they tackle the issues, says Rachel Clementson
May 2020Are you a worrier? It might make you better at your job
A tendency to worry can benefit managers in determining possible problems so that they can put plans in place to deal with them, says Dr Rob Yeung
April 2020Accrual-based accounting is gaining ground
By moving to accrual-based accounting, governments are improving value for money, enhancing public scrutiny and positioning finance at the heart of decision-making
April 2020Is the EU’s green list the environmental sustainability answer?
With time running out to act on climate change, can the EU’s proposed system for identifying environmentally sustainable activities work? Barbara Davidson reports
April 2020Should football clubs account for player transfers as revenue or asset disposals?
Football fever comes to the aid of Adam Deller over the application of accounting standards
April 2020Plastics packaging is a business model issue
Increasingly punitive charges mean businesses need to stop treating plastic packaging as a compliance issue and start taking a whole new approach, as Dom de Ville explains
April 2020Cognitive biases can have an adverse effect on our careers
Preconceived ideas about other people often colour our interactions at work, but stereotypical thinking can also affect our own career choices, argues Urszula Pajdzik
April 2020Time to ditch the traditional leadership competency model
The leadership competency models we’re used to are no longer fit for purpose. It’s time to rethink our approach, says Alison Young – and to keep rethinking it
February 2020Servant leadership is good news for everyone
Leaders who prioritise the well-being and growth of an organisation and its stakeholders may inspire employee performance, says Dr Rob Yeung
February 2020Presentation of profit and loss faces major changes
The presentation of profit or loss faces major changes as the IASB’s primary financial statements project reaches the exposure draft milestone. Adam Deller explains
February 2020Stand out from the rest of the market by being more punk
In sectors where conformism is the norm, bold, edgy brands have a real opportunity to stand out. Jason Ball urges firms to leave tradition behind and be more 'punk'
February 2020
Cryptocurrencies are emerging from the shadows into mainstream commercial applications
Cryptocurrencies are shaking off their reputations as cloaks for shady deals and carving out roles in mainstream commercial applications, as Peter McBurney explains
February 2020Diverse-friendly firms can tap a bigger talent pool
Accountancy firms, like many other entities, are looking to broaden their recruitment approach. Sonya Boyce offers some tips on building a more inclusive practice
February 2020Make smart working a sustainable operation
Urszula Pajdzik ACCA explains how accountants can guide organisations in developing smart working options that are sustainable additions to business value
January 2020IFRS 15 revenue recognition standard gets to grips with real-world problems
Businesses are beginning to ask scenario-specific questions about how they should be applying the new revenue recognition standard, as Adam Deller reports
January 2020The five most important changes to the UK's new Stewardship Code
The Stewardship Code has been overhauled, addressing the concerns that dogged previous incarnations. Steve Giles looks at the key changes
January 2020Multilateral tax moves are challenging multinational tax pricing practice
The accelerating drive towards a multilateral tax reform with no clear destination is bringing a mounting challenge to multinationals’ transfer pricing practices
January 2020The way you judge success may not be straightforward
Dr Rob Yeung looks at the factors that affect how we think about our jobs – and how others, including mentors and coaches, can change the way we feel
January 2020 -
2019 articles
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The beneficial effects of expressing gratitude
Positive comments or behaviour can have beneficial effects on others, says Dr Rob Yeung, leading to a greater sense of well-being and improved work satisfaction levels
1 November 2019
The IASB's post-implementation review process takes time and commitmentAn exhaustive post-implementation review process means a financial reporting standard is anything but done and dusted when it is issued, as Adam Deller explains
1 November 2019
Good ethical decision-making needs a head-heart connection
In the second in a two-part series on leadership, Alison Young explains how stepping out of your head and into your body can help give a clearer sense of what is right
1 November 2019FATF's new guidelines on tackling money laundering
New guidelines from the intergovernmental Financial Action Task Force aim to help accountants identify and assess money laundering risk in their work with clients
1 November 2019Applying IFRS 17 - the story so far
The impact of IFRS 17 on insurers’ operations will be anything but standard, says Alex Foreman-Peck FCCA
1 November 2019Creating an ethical accountancy firm
Drawing on personal experiences of how organisations develop their core values, Paul Davis examines how accountancy firms can embed ethical decision-making
1 November 2019Honing your persuasive skills will win over audiences
The art of persuasion takes skill and attention to detail. Dr Rob Yeung looks at how entrepreneurs win over investors and asks what lessons we could learn
1 October 2019Falling foul of data law may be easier than you imagined
Breaching data protection law carries serious consequences, but there are steps companies can take to offset their risk, as Victoria McMeel and Edward Smith explain
1 October 2019The UN convention on mediated settlement agreements puts Singapore on the map
A new UN convention on mediated settlement agreements gives the global business community options for dispute resolution and has put Singapore on the map
1 October 2019Preventing leaders from losing their moral compass
Even the most upright leaders can lose their bearing on their moral compass. Alison Young discusses the warning signs and some possible interventions
1 October 2019How segmental reporting may change
The US standard-setter is considering changes to segment reporting that may be reproduced in international standards to maintain convergence. Adam Deller explains
1 October 2019Getting investment property right
Steve Collings FCCA sheds light on elements in the accounting treatment of investment property under FRS 102 that have been foxing preparers of reports
1 October 2019The Greater Bay Area is set to accelerate opportunities for accountants
With connectivity lying at the heart of the development of the Greater Bay Area, demand and opportunities for professional accountants will accelerate
1 September 2019Building trust with your colleagues is vital for business success
Dr Rob Yeung finds that developing trust within an organisation is key to ensuring that staff feel committed to work in the best interests of their colleagues and the business
1 September 2019Shared leadership can boost team performance
In the final instalment of her series on high-performing teams, Alison Young looks at how the most successful collaborations are greater than the sum of their parts
1 September 2019The cashflow hedge accounting consequences of interest rate benchmark reform
Adam Deller explains the likely consequences for cashflow hedge accounting from the looming reform of interest rate benchmarks such as Libor
1 September 2019Are you ready for the new shareholder transparency rules?
Stringent and tough-to-meet new transparency rules laid down by the Shareholder Rights Directive II will affect the entire investment chain. Steve Giles explains
1 September 2019How to nurture your network
It’s not the size of your network that matters, but how you go about nurturing relationships among your contacts. Dr Rob Yeung explores the latest research
1 July 2019Why CFOs should chat to the marketers
CFOs should invite marketing teams in for a chat so they can provide a more valuable service than merely ‘colouring in’, urges Jason Bal
1 July 2019Why joining an international network is a good move for SMPs
Belonging to an accounting network enables firms to help their clients grow overseas, provide specialist services and attract talent, but its members need to be proactive
1 July 2019A look at IFRS 13 and consultation on disclosure requirements
The use of fair values has always been contentious. Adam Deller looks at IFRS 13, and user and preparer responses to IASB consultation on disclosure requirements
1 July 2019Get ready for European single electronic format filing
The world’s financial markets are gradually crossing the digital divide, and taking listed company annual reports with them
1 July 2019A guide to Revenue's intervention methods
Accountants acting on behalf of clients need to be aware of different types of Revenue intervention and the disclosure opportunities available, says John Wilson
1 July 2019All you need to know about implementing robotic process automation
In the latest in our series on ‘all you need to know but were too afraid to ask’, we explore robotic process automation and how it could transform your business
1 June 2019How using social media can affect your mental health
Can the use of social media affect your mental health? Dr Rob Yeung considers recent research into symptoms individuals may exhibit when using social media platforms
1 June 2019The team is about the dance, not the dancers
A high-performing team needs to perfect the overall dance as well as develop individual dancers. Alison Young considers how to unleash achievement
1 June 2019The big debate on pension disclosures
The IASB consultation on pensions disclosure requirements has revealed consensus but also plenty of contention over what should change, says Adam Deller
1 June 2019Back to basics: data analytics, part 2
In the concluding article in an ‘all you ever wanted to know but were too afraid to ask’ series, Jamie Renehan FCCA looks at how to ensure analytics delivers business value
1 June 2019Accountants' role in advising SMEs on going digital
Business owners are increasingly asking their accountant for support in going digital. Alan Shaughnessy offers advice on how to get clients to maximise the benefits
1 June 2019How the new gig worker regulations will affect employers
With more protection being extended to workers in the gig economy, Kate Upcraft looks at how much more work for employers the Good Work plan will mean
1 June 2019The benefits of embracing the cloud
Some upheaval might be on the horizon for the many organisations that have yet to move to the cloud, says Mark Preston, but significant efficiencies also await
1 May 2019The attractions of a universal basic income
While the increase in the individual personal tax allowance is good news for many, it will seriously damage the Treasury’s coffers. Is it time for a radical overhaul?
1 May 2019Likely changes in the provisions standard
The most notable modification to the accounting standard for provisions looks likely to come from a change in how they are measured, as Adam Deller reports
1 May 2019How to cope with stress
The perception of stress and the ability to manage it vary from person to person, but there are techniques for coping with whatever comes your way, says Dr Rob Yeung
1 May 2019Motivate your team from the outside in
Management might need to take a new perspective on how their teams are formed and motivated if they are to get the most from them, says Alison Young
1 May 2019Harness the power of voice search to boost your business profile
With the use of voice search on the rise, your business stands to benefit if you find the best way to harness the new technology, says Tim Butler
1 May 2019Back to basics: data analytics, part 1
In the first of two articles in an ‘all you need to know but are too afraid to ask’ series, Jamie Renehan explains how to integrate data and analytics into business operations
1 May 2019Why freedom to speak is good for business
While many organisations are actively seeking to recruit more widely, taking everyone’s views into account requires careful planning, as Urszula Pajdzik ACCA explains
1 May 2019Use psychology to up your game
Psychological techniques can be an effective way of solving real-world problems as well as helping you achieve personal growth and confidence, says Rob Yeung
1 April 2019How to present budget information for the public sector in MPSAS 24
Ramesh Ruben Louis looks at the presentation of budget information for the public sector in MPSAS 24, which was issued in June 2013
1 April 2019Alternative performance measures need to stay in their proper place
Adam Deller considers how the reporting of alternative performance measures more prominently than statutory figures is compromising transparency and clarity
1 April 2019How forensic accounting works
Mariam Absar ACCA offers an overview of the challenges and complexities involved in corporate forensic analysis, and looks at how investigators go about their work
1 April 2019The taxation of digital business is proving a tough nut to crack
Deciding how best to tax digital business is proving a tough nut to crack internationally, with the UK and the rest of Europe taking matters into their own hands
1 April 2019The taxation of digital business is proving a tough nut to crack (Ireland)
Deciding how best to tax digital business is proving a tough nut to crack internationally, with the UK and Europe taking matters into their own hands
1 April 2019The road to global tax transparency
Finance institutions and taxpayers have been forced to set out on a gruelling global tax transparency journey that is churning out oceans of data
1 April 2019Don't get caught out by the invoice redirect scammers
Businesses and their staff need to be alert to the growing effectiveness of criminals exploiting online payment systems to divert funds into bogus accounts
1 April 2019Outsourcing responsibility for data security can reduce risk
With cybersecurity attacks on the rise, accountancy firms need to keep their defences strong. Bringing in outside expertise can help reduce the risks of data loss
1 April 2019Are you passionate about your job?
Feeling passion for your job can reap benefits – provided it’s the right kind. Dr Rob Yeung offers advice on how focusing on your signature strengths can help
1 February 2019Give your virtual meetings an Oscar-worthy edge
Giving an Oscar-worthy performance isn’t just for actors, but making an impact in a virtual meeting requires planning and plenty of practice, says Helena Brewer
1 February 2019Direction of standard emerges for accounting for businesses under common control
The diversity in accounting treatment for transactions involving businesses under common control is in the IASB spotlight. Adam Deller explains what’s happening
1 February 2019Understanding anti-avoidance measures for close companies
Advising clients on the sale of a close company requires paying careful attention to anti-avoidance measures regarding distributions, John Wilson warns
1 February 2019Taxman jumps the insolvency queue
The reintroduction of Crown preference for taxes collected by a business that has become insolvent benefits HMRC at the expense of unsecured creditors
1 February 2019Accountants in the anti-money laundering front line
It may feel like a betrayal of client trust, but accountants are legally obliged to report all suspicious activity, even for low-value transactions, as Steve Giles explains
1 February 2019How tax rates can achieve greater savings for married couples
In the second of our two-part guide, Khoo Teng Aun and Clement Tan Kai Guan look at how to use tax rates to achieve greater savings for married couples
1 February 2019Win the talent battle through diversity and inclusivity
Workforce diversity and workplace inclusivity are powerful weapons in the battle for talent, and will also drive innovation, performance and profitability, says Moira Grassick
1 February 2019Mindfulness can sharpen your mental focus
Training the mind to focus on the here and now rather than wandering off here and there can improve your decision-making and your stress levels, says Rob Yeung
1 January 2019Business pre-mortems may be the best way to avert business failure
Predicting an organisation’s demise could prove the key to ensuring its survival and ability to prosper in an increasingly uncertain business world
1 January 2019Intangible asset accounting stuck in a pre-digital mire
The accounting for intangibles is rooted in a pre-digital world, with valuations reflecting neither the development costs nor expected value of tech assets. Adam Deller explains
1 January 2019More contortions for annual investment allowance
The boost to the annual investment allowance is no more than a temporary measure, and small businesses may find they can’t capture the full benefit anyway
1 January 2019Blockchain could bring a new lease of life to audit
Far from dealing a mortal blow to the audit profession, blockchain technology seems likely to generate a range of exciting new roles in the assurance sphere
1 January 2019Beware of breaching equality laws when hiring
In the current buoyant jobs market, practices looking to recruit staff need to make sure they stick to the rules on equality of opportunity, as Alan Hickey explains
1 January 2019Top tips for successful presentations
Giving a talk can be a nerve-wracking experience, but there are some simple tips for handling any unexpected challenges, as Sudha Mani explains
1 January 2019 -
2018 articles
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The double whammy of Making Tax Digital and a no-deal Brexit
The growing possibility of a no-deal Brexit is adding an extra layer of complexity for businesses preparing for Making Tax Digital for VAT
1 November 2018#TimesUp: practices need to create a safe environment for staff
Sexual harassment can happen anywhere. Practices need to ensure they create a safe environment for staff, starting with putting the right policies and procedures in place
1 November 2018Demand for business and advisory services is on the rise in South-East Asia and China
Demand for professional services is set to grow in South-East Asia and China, says a new report by ACCA, supported by the Singapore Accountancy Commission
1 November 2018IFRS 16 to give balance sheet transparency a boost
The imminent application of the new leases standard will promote balance sheet transparency – with major consequences for many sectors. Adam Deller explains
1 November 2018Which candidate selection methods work best?
Unstructured interviews, psychometric tests, punishing whole-day assessments? Rob Yeung looks at which candidate selection methods work best
1 November 2018Are you ready for Revenue's payroll revolution?
Revenue's PAYE modernisation programme takes effect from 1 January 2019, when all payments to employees will be reported in real time, as Sinead Sweeney explains
1 November 2018The different accounting treatment options for crypto assets
How should a crypto asset appear on the balance sheet? Georgina Kyriakoudes offers her take on the different accounting treatments for a very modern asset class
1 November 2018A look at service concession arrangements by the grantor
As Malaysia moves to an accrual accounting system under the MPSAS framework, Ramesh Ruben Louis looks at service concession arrangements by the grantor
1 November 2018New corporate governance code - the main points
The new corporate governance code becomes effective soon. It is the centrepiece of the government’s intent to enhance public trust in business. Steve Giles takes a look
1 November 2018Student loan accounting system is an engine of 'fiscal illusion'
'Unexpected, if not bizarre' government accounting rules are distorting the cost of student loans to the taxpayer to the tune of billions of pounds
1 October 2018Are your self-presentation tactics backfiring?
You think you’re sharing a success story, but your colleagues may be thinking something very different. Rob Yeung talks about the skill of self-presentation
1 October 2018Value creation and the management commentary
The standard-setter is considering updating its management commentary good practice to give better insight into companies’ strategies. Adam Deller reports
1 October 2018How to create a cryptocurrency – and why
Corporates too now want to get into the creation of cryptocurrency and tokens to raise funds for business ventures, but how does it all work? Peter McBurney explains
1 October 2018Trump tax shake-up brings initial hit, but long-term gains loom large
Some companies have taken an initial hit from President Trump’s great shake-up of US tax law, but the long-term gains are feeding into senior executives’ investment plans
1 October 2018New ethics code shines a brighter light on how to do the right thing
A major revision of the ethical framework for professional accountants reflects the need to adapt codes of conduct to the changing business and social environment
1 October 2018Performance metrics come under Financial Reporting Lab's microscope
The Financial Reporting Council’s Financial Reporting Lab has been looking into how investors regard the many different performance metrics used by businesses
1 September 2018Back to basics: what good corporate reporting looks like
In the latest in our series on 'all you need to know but were too afraid to ask', we explore the key tenets of good corporate reporting
1 September 2018Which taxes will rise to fund NHS spending hike?
The nation will have to pay for the significant injection of cash into the NHS via taxation, but which particular option will it take?
1 September 2018How to attain the corporate summit as CEO/chairman
The FD role is the finance ladder’s highest rung, but the truly ambitious don’t stop there. Steve Giles explains how to reach the corporate summit as CEO or chairman
1 September 2018How MPSAS 23 affects non-exchange transactions
As Malaysia moves to an accrual accounting system under the MPSAS framework, Ramesh Ruben Louis looks at non-exchange transactions
1 September 2018Standard-setter looks to solve debt vs equity puzzle
The IASB has proposed introducing a new accounting element to help standardise the classification of complex financial instruments as debt or equity. Adam Deller reports
1 September 2018Cryptocurrencies are proving a tough classification nut to crack
Should crypto assets be classified as money, commodities, tokens or securities? Georgina Kyriakoudes explains the difficulty in - and need for - correct categorisation
1 September 2018Imposter phenomenon - and how to beat it
The imposter phenomenon affects men and women alike and is not restricted to high achievers. Rob Yeung explains how building a support network can help
1 September 2018Passing on the leadership baton to millennials
With the millennial cohort rising up through practice hierarchies, current partners need to plan how to transfer their skills to the rising generation, as Jane Downes explains
1 September 2018SMPs can help Singapore become a global accountancy hub
In its drive to help transform the city-state into a leading global accountancy hub, Singapore’s government has turned its focus to SMPs. But is it enough?
1 September 2018It's time for the tax system to stop treating employees and the self-employed differently
With the consultation over employment status now closed, is it time to clear up this grey area and remove the differences in tax treatment for employees and the self-employed?
1 July 2018Top tips for preventing cybercrime
In the latest in our series of 'all you needed to know but were too afraid to ask' articles, we offer some simple cybersecurity tips for the smaller entity
1 July 2018EU's green financing classification will redraw investment spectrum
A precise definition of green investment is proving a challenge to the European Union as it attempts to develop a green financing classification for assets
1 July 2018Check your body language
Does your body language help or hinder you when pitching to clients or networking? Our talent doctor Rob Yeung finds out whether style matters as much as substance
1 July 2018IAS 8 looks to allow retrospective application of new accounting policies without restating prior financials
The IASB is looking to finesse the fundamental rule of applying changes to accounting policies retrospectively and changes to estimates prospectively, as Adam Deller explains
1 July 2018UK joins International Compliance Assurance Programme pilot
With eight countries signed up to its pilot, the International Compliance Assurance Programme marks a shift towards a more multilateral approach to tax administration
1 June 2018How to build a network to help you get promoted
As you progress through your career, you need to draw on different skillsets to gain more senior roles. Our talent doctor Rob Yeung offers advice on networking to get ahead
1 June 2018Hong Kong must position itself at the heart of the Greater Bay Area initiative
A new report shows that in order to benefit from the Greater Bay Area initiative, which is set to transform the regional economy, Hong Kong must position itself at its heart
1 June 2018IFRS 9: the standard-setter strikes back
Adam Deller looks at the concerns over IFRS 9, the new kid on the equity investment classification block that has put an end to the recycling of gains and losses in the P&L
1 June 2018Back to basics: how to make the finance function a better business partner
In the latest in our series on ‘all you needed to know but were to afraid to ask’, Nigel Beck offers tips on how the finance function can be a better business partner
1 June 2018Tips for building a website that works for your firm
Accountancy firms’ websites need more than an attractive layout if they are to earn their keep. Tim Butler takes a look at some simple steps for improving performance
1 May 2018Mixed feelings on the IASB's disclosure and primary statements projects
Adam Deller looks at how financial reporting professionals and experts have responded to the IASB’s ongoing disclosure and primary financial statements projects
1 May 2018Redesign of the annual report inevitable for European corporates
Companies listed on regulated EU markets will soon be required to file their annual reports digitally. XHTML is on its way, warns Alison Thomas
1 May 2018How blockchain works, and why it is so important
Don’t know where to start? Peter McBurney explains what blockchain is, how it is evolving, and why accountants are well placed to exploit its corporate consequences
1 May 2018Why the ICO is changing the face of capital-raising
As initial coin offerings rapidly gain traction as a way of raising capital, their regulatory future remains uncertain
1 May 2018Fair value or at cost? Bitcoin throws accounting a curveball
Fair value, inventory or intangible asset? Gary Berchowitz gives his view on how the profession should account for holdings of bitcoin and other cryptocurrencies
1 May 2018Investors are turning to 'alternative data' to corroborate the corporate story
The investment community is starting to gorge on richer sources of technology-generated data to inform its decision-making, as Hilary Eastman explains
1 May 2018Surrender to the new idea
To unlock your team’s creativity and encourage innovation, you must first overcome the natural human aversion to new ideas, explains our talent doctor Rob Yeung
1 May 2018Hong Kong tackles base erosion and profit shifting
Hong Kong's introduction of a new bill that tackles base erosion and profit shifting will help align the special administrative region with international standards, says Lu Chen
1 May 2018Government charts a course for auto-enrolment pensions system
With levels of retirement savings remaining low, the Irish government is considering automatic pension scheme enrolment as a way to ensure a more prosperous old age
1 May 2018Harness the power of dynamic competitive strategy
How can you turn conventional, static planning into truly dynamic, competitive strategy? Tony Grundy looks at some companies that have achieved this
1 April 2018Get the measure of online financials
In the latest in our series of 'all you needed to know but were too afraid to ask', Stuart Kerr offers guidance on monitoring e-commerce financials and performance
1 April 2018Carillion collapse increases scrutiny of goodwill impairment rules
The recent collapse of the British multinational construction company Carillion has added to the disquiet over the goodwill impairment rules. Adam Deller explains
1 April 2018Malaysia's public sector gets ready for accruals accounting
Public sector accounting is set to be transformed as Malaysia adopts an accrual accounting system under the MPSAS framework, explains Ramesh Ruben Louis
1 April 2018Hong Kong tackles base erosion and profit shifting
Hong Kong’s introduction of a new bill that tackles base erosion and profit shifting will help align the special administrative region with international standards, says Lu Chen
1 April 2018Don't suffer in stressed silence
To get what you want out of your career, it’s crucial to manage your manager's perception of your workload, says our talent doctor Rob Yeung
1 April 2018Planning for the post-Brexit tax and tariff realities
In the third article in our series on how UK businesses should consider preparing for Brexit, we look at the possible tax implications for companies trading with the EU
1 April 2018What are the essential ingredients for a winning team?
Great teamwork doesn’t depend on smart people so much as the right people, the right leader and the right techniques, as our talent doctor Rob Yeung explains
1 March 2018Gender imbalances fuel the abuse of power
With abuse of power more likely to occur in male-dominated environments, surely balancing the gender gap is all the more desirable, argues Harry Mills
1 March 2018Don't fall foul of the new IFRS 9 and IFRS 15 standards
Preparers of financial statements may think two significant standards that have just come into force won't affect them. Check the detail, warns Adam Deller
1 March 201810 ways for boards to actively control corporate culture
Overseeing corporate culture and ensuring the employee voice is heard is the board’s job. Richard Leblanc explains how to do it without treading on the toes of management
1 March 2018What angel investors look for in a startup
Investment in startups has taken off since the government introduced tax incentives, but competition for angel investors is fierce. So what are they looking for?
1 March 2018Why drones are taking off in business
Drones are taking off in the business world: tax professionals are using them to check on assets and auditors to gain a clearer view of business operations
1 February 2018Using MPERS for agricultural activities
In the fourth of our series on the Malaysian Private Entities Reporting Standard, Ramesh Ruben Louis looks at the requirements for agricultural activities
1 February 2018IPSAS implementation in South East Asia
IPSAS implementation is gaining momentum but public sector reporting still has some way to go. A clear strategy, realistic timeframes, milestones and resources are needed
1 February 2018Reporting on intangibles is all a bit of a muddle
Financial reporting is struggling to keep pace with the way companies operate - a problem reflected in the patchy treatment of intangible assets. Richard Martin explains
1 February 2018Green bond growth opens up investor opportunities
The rapidly growing market for green bonds offers investors a straightforward way to boost their green credentials and opens up new sources of capital funding for issuers
1 February 2018From 'short-selling is evil' to 'investors don't need annual reports': investor myths exploded
In the latest in our series ‘all you needed to know but were to afraid to ask’, John Kattar dispels some of the myths surrounding the investment community
1 February 2018How to establish the right confidence level
While low levels of confidence can be problematic, very high levels may not be ideal either. Our talent doctor Rob Yeung analyses the evidence on how to get it right
1 February 2018Deferred tax is back
In the light of the IASB's focus on producing more useful information for investors, deferred tax seems at odds with this approach. Adam Deller outlines the debate
1 February 2018Time for a communication rethink
How we consume data has changed so much over the years that we need to rethink how we communicate important messages. The answer is 'sauce', says Harry Mills
1 January 2018IFRS 17 set to present challenges for insurance companies
IFRS 17 will present many challenges for insurance companies. Dermot O’Hara FCCA outlines some of the issues facing companies in preparing for the new standard
1 January 2018IASB makes changes to statements of financial practice
The IASB is making changes to statements of financial performance, designed to make them more useful. Adam Deller explains what they will mean in practice
1 January 2018Coining it: all you need to know about bitcoin
In this latest article in the series 'all you needed to know but were too afraid to ask', we explain what bitcoin is and what its potential might be
1 January 2018Accountants must be on the UN's sustainable development frontline
Measuring and reporting on complex targets is what accountants do - which makes them the perfect go-to professionals for the UN’s sustainable development programme
1 January 2018Are you ready for GDPR and the data protection future?
There can be no doubt about it, GDPR compliance is onerous, but it is fundamentally about ensuring that organisations are fit for purpose in the digital age
1 January 2018How to change your personal behaviour successfully
If you're planning to change or improve yourself this year, our talent doctor Rob Yeung has been studying the science. He discusses which approach works and why
1 January 2018 -
2017 articles
Simply select a title to view the article
The digital leader as a role model
In this second of a two-part article on the digital CFO, Alison Young explains why leaders can’t just pay lip-service to digitisation if that’s the direction they’re taking
1 November 2017Singapore takes cybersecurity to the next level
Singapore is ramping up its already impressive level of cybersecurity protection with a proposed bill. But organisations must take their share of responsibility, too
1 November 2017Using CRM software to increase sales and improve client service
Accountants are being urged to look beyond traditional Excel spreadsheets and assess how specialist CRM software can help to increase sales and improve client service
1 November 2017Is data analytics all it's cracked up to be?
In the latest in our series of 'all you needed to know but were too afraid to ask', we look at what data analytics really is and how it can help your business
1 November 2017The need for judgment in assessing materiality
Adam Deller explains the need for judgment in assessing materiality in an entity's financial statements
1 November 2017Get ready for Companies Act 2016
While Malaysian businesses are generally aware of the Companies Act 2016, many have a lack of understanding of key areas and how they affect them
1 November 2017Setting goals: focus on the positives
When setting goals, it pays to focus on success rather than on avoiding failure or comparing yourself with others, says our talent doctor Rob Yeung
1 November 2017Big tech isn't the only sector to feel the diverted profits tax pain
The diverted profits tax has existed for more than two years, but has it achieved what it was created to do or is it just being used to boost Treasury coffers and settle old claims?
1 November 2017Finding the ethics path through the digital jungle
Should you pay a ransom to restore hacked data? It's one of the new set of ethical dilemmas thrown up by the digital age that accountants face - and must resolve
1 October 2017Better corporate disclosure is vital for a low-carbon economy
More systematic corporate disclosures about climate-related risks are needed to improve investment capital allocation and speed up the shift to a low-carbon economy
1 October 2017IASB: new guidance on disclosures
The IASB is developing new - and clarifying existing - guidance in response to concerns about disclosure in financial statements. Adam Deller explains
1 October 2017Getting things done: the right way to ask
If you want something done in the workplace, you need to explain why it needs doing. Our talent doctor Rob Yeung explains why it’s important to ask in the right way
1 October 2017The rush to digital: a clear vision is needed
Organisations need to have a bold vision for digital change - and to make sure that they have a culture that supports it, explains Alison Young in the first of two articles
1 October 2017Get ready for the accounting bots
As routine tax compliance becomes increasingly automated, practitioners stand to benefit from new opportunities - provided that they are willing to adapt
1 October 2017Taxing times for the US
US tax managers are facing new challenges around compliance, process and data requirements in the face of transformational change for 2018, says Ramona Dzinkowski
1 October 2017Auditors are vital in holding charities to account
In this ethics special, Dr Geraldine Smith FCCA, assistant national director with HSE’s internal audit division, says auditors are vital in holding voluntary agencies to account
1 October 2017Companies Act: new rules affect lenders and creditors
Sarah Pickering and Richard Curran from law firm LK Shields explain how changes under the Companies (Accounting) Act 2017 affect lenders and creditors
1 September 2017How to avoid the cognitive bias pitfalls
Managers need to be conscious of when their mind is impairing their decision-making. Tony Grundy explains the dangers of cognitive bias and how to avoid it
1 September 2017Time to shrink the shadow economy
With the shadow economy amounting to 22% of world GDP, professional accountants need to understand its potential impact on their clients’ businesses - and their own
1 September 2017Financial reporting issues post Brexit
With the UK's exit from the European Union due to take place in 2019, Richard Martin flags up some of the financial reporting issues that businesses should be aware of
1 September 2017What will IFRS 17 mean for Singapore insurers?
The profound changes to the accounting practices of Singapore insurers required by the new standard for insurance contracts make early mobilisation imperative
1 September 2017MPERS and accounting for revenue
Ramesh Ruben Louis explains the changes in accounting for revenue, borrowing costs and related party disclosures under MPERS compared with the PERS framework
1 September 2017What will IFRS 17 mean for Hong Kong insurers?
The new standard for insurance contracts will mean massive changes for Hong Kong insurers, with products and systems affected as well as reporting processes
1 September 2017Proposed changes to IAS 16
Adam Deller looks at the proposed changes to the accounting for testing an asset before it becomes available for use, which should end the arguments about capitalisation
1 September 2017Firms should brace for the MiFID II challenge
With only months to go, the heat is on to become compliant with MiFID II, a major regulatory overhaul that will affect any investment firm doing business in the EU
1 September 2017How to be an 'authentic' leader
‘Authentic’ leaders know their own values, beliefs and skills, and respond to the values, beliefs and needs of their colleagues. Rob Yeung explains how to be one
1 September 2017The government must do more to stop tax evasion
While tax avoidance continues to be in the government’s sights as it attempts to close the tax gap, the time has come to find the resources to tackle evasion head on
1 September 2017Give presentations like a pro
If you lack confidence in yourself when making presentations, our talent doctor Rob Yeung offers three techniques that you can apply to make a better impression
1 July 2017Auditors face evolving cybersecurity challenges
As cyber crime evolves to become more threatening, auditors need to up their game by adopting an intelligence-led approach to cybersecurity
1 July 2017Get to grips with IFRS 2
Use of the grant-date option to measure the fair value of equity-settled remuneration is a key element of IFRS 2, but critics say it can lead to inaccurate reporting, warns Adam Deller
1 July 2017All hail the independent non-executive director
Hong Kong's introduction of guidelines to strengthen the role of independent non-executive directors in the banking sector could benefit professional accountants
1 July 2017Putting a price on heritage assets
A new IPSASB consultation paper aims to clarify the issue of what a heritage item is and how it can be valued by public sector entities with heritage responsibilities
1 July 2017What the new Malaysian corporate governance code will mean for companies
Ramesh Ruben Louis looks at the changes in the new Malaysian Code on Corporate Governance, which was issued in April, and what they will mean for companies
1 July 2017How investor-friendly is corporate governance in Africa?
Foreign investors want big markets and growth economies – but they also want the peace of mind of a high level of corporate governance. So how does Africa fare?
1 July 2017Will tax devolution come to more UK regions?
Following the devolution of corporation tax in Northern Ireland, there is talk that other UK regions could follow suit, but will the complexities outweigh the advantages?
1 July 2017Data analytics and the power to revolutionise the public sector
Data analytics has a vital and transformational role to play in improving the quality of public sector decision-making and strengthening political accountability
1 July 2017Zero-based budgeting is making a comeback
Multinationals are spearheading a revival of interest in zero-based budgeting as a robust method of cost control, but there are lessons for companies of all sizes
1 July 2017ASEAN and Big Four tackle audit issues
Regulators in ASEAN countries are working with the Big Four firms to tackle the root causes of 'unacceptably high' numbers of audit inspection findings
1 June 2017Tech to the public sector rescue
The public sector is showing that it can be just as innovative as the private sector in leveraging technology to streamline transaction processes and cut costs
1 June 2017Revolutionise planning - the agile way
In uncertain times adopting a flexible, fluid approach to planning can enable more creativity and encourage strategic thinking, says Tony Grundy
1 June 2017Get ready for IFRS 17
Many insurance companies will need to make significant changes to their accounting policies to comply with IFRS 17. Adam Deller explains how the standard will work
1 June 2017Accruals adoption: OECD countries could do better
Nearly 75% of OECD countries have adopted accrual accounting for year-end reports but, as a new study shows, many have a long way to go in using this to shape policy
1 June 2017Boards need digital upskilling - fast
With boards and finance teams notably lacking in digital skills, the rapid growth in cyber attacks makes tech upskilling at senior and finance levels increasingly urgent
1 June 2017Talent doctor Rob Yeung on the secrets of negotiating
It's not the information you convey so much as the order in which you say it that's the clincher when it comes to negotiating, as our talent doctor Rob Yeung explains
1 June 2017The always-on culture is bad for productivity and health
Always-on technologies are blurring the boundaries between work and home life. Firms need to lay down social media rules to protect themselves and their staff
1 June 2017Gig economy taxes government policy
After the government's U-turn on NI contributions, tax advisers are wondering if unintended consequences are the inevitable result of a complex tax code
1 June 2017A roundup of auditors' responsibilities
Ramesh Ruben Louis provides a roundup of the new standards and auditors' responsibilities as MPERS comes into effect
1 May 2017Get ready for the EU's stringent data protection rules
Any company handling the data of EU residents should start preparing now for its stringent new data-protection rules
1 May 2017How to negotiate with success
Successful negotiators don’t crack under pressure and know how to stay in control of the process. Harry Mills offers expert advice on making and obtaining concessions
1 May 2017IASB's annual improvements project
Proposed changes to IAS 12, IAS 23 and IAS 28 are coming in via the IASB's annual improvements process, says Adam Deller
1 May 2017How AI can free up professionals to add more value
Artificial intelligence has the power to take the drudgery out of routine tasks in financial and legal services – but it could also lead to the widespread loss of entry-level jobs
1 May 2017Tread carefully with change management
All change management projects comprise 'hard' and 'soft' components, and it is a failure to understand the latter that can really scupper the plan, says Alison Young
1 April 2017IPSAS 40 brings combinations clarity for public sector
Thomas Mueller-Marques Berger and Serene Seah-Tan look at IPSAS 40, which seeks to bring clarity to non-exchange amalgamations and acquisitions in the public sector
1 April 2017IASB's restructured Conceptual Framework raises thorny issues
In the second in a series on the IASB's changes to the Conceptual Framework, Adam Deller examines some contentious issues
1 April 2017Employee analytics
We know the role analytics plays in tracking consumer spending habits. But, asks Alison Young, how can companies use this data to manage employees?
1 March 2017IASB restructures its Conceptual Framework
The IASB's Conceptual Framework is being renovated, says Adam Deller, and is turning out to be a bigger task than anticipated
1 March 2017Reporting back
As auditors get up to speed with the IAASB’s revised ISA on audit reports, Martyn Jones and Carol Masters look at the UK experience
1 March 2017The art of change management
When leading organisational change, don’t overlook the power of technology to help you increase employee engagement and deliver the right results, says Alison Young
1 February 2017Goodwill recognition in IFRS 3
The IASB has entered the lion’s den with papers on goodwill and intangibles acquired in a business combination, says Adam Deller
1 February 2017The challenge of implementing IFRS 5
Implementation of IFRS 5 can be a complex and time-consuming exercise with significant judgment required, explains Graham Holt
1 January 2017Smart cities
As the world becomes more urbanised, many cities are trying to become smarter and more sustainable. What will the coming changes mean for accountants?
1 January 2017 -
2016 articles
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Improving disclosure practices
In an attempt to continue the improvement in disclosure practices, the IASB has begun a new initiative, explains Graham Holt
1 November 2016Technology is no substitute for corporate strategy
Technology can help improve performance but to think that it can replace a sound corporate strategy is a dangerous delusion, says Greg Satell
1 November 2016Give investors what they need
Reporting capital structure is challenging but markets are keen for the information, as Graham Holt explains
1 October 2016Why simple spreadsheet software is good for business planning
Management often eschews mundane spreadsheet software for strategic planning in favour of more sophisticated platforms, but simple is agile, argues Dagmar Recklies
1 October 2016The IFRS police: how the European regulators work
Graham Holt outlines some of the activities of ESMA and European enforcers when examining compliance with IFRS
1 September 2016If Airbnb can tap into latent supply, why shouldn't your business?
Most of us will have heard of Airbnb, but what lessons in funding and entrepreneurship can the upstart teach other potential disruptors, asks Tony Grundy
1 September 2016A look at the standards for transactions with related parties
There are inherent risks with transactions between related parties. Graham Holt describes the requirements of IAS 24 and IFRS 11
1 July 2016Complacency is putting banks at risk
Industries that get complacent are under threat. By the time they spot the disruptors, it might be too late. Tony Grundy looks at the salutary lesson of the banking sector
1 July 2016Be prepared for the apprenticeship levy
Companies will soon have to apply the apprenticeship levy. Kate Upcraft looks at the issues and advises on how to prepare
1 July 2016The friendliness of the long-distance car pool
In the latest article in a series on market disruptors, Tony Grundy looks at how long-distance car pooling is heading up the fast lane
1 June 2016Requirements of European directive on non-financial information
Graham Holt outlines the main requirements of the European directive on non-financial and diversity information
1 June 2016All about MPSAS 21
Ramesh Ruben Louis explains how to approach impairment of non-cash-generating assets held by public-sector entities
1 June 2016Strategic innovation is ripping up the business model rule book
In the first article in a series on strategic innovation, Tony Grundy explores how existing business models are being thrown up in the air and landing in quite a different shape
1 May 2016How to create an IFRS mindset
The IFRS Foundation’s Education Initiative is based on the IFRS Conceptual Framework, explains Graham Holt
1 May 2016Setting the standards for SMEs
A range of outcomes has emerged worldwide regarding the requirements of SME financial reporting. Graham Holt discusses
1 April 2016MFRS 15: strengthening revenue recognition
Ramesh Ruben Louis takes a look at a new standard that should rectify weaknesses in previous revenue recognition requirements
1 April 2016All change for accounting for leases
The IASB released the much-awaited IFRS 16, Leases, in January. Graham Holt describes the nuts and bolts of the new standard
1 March 2016Bring added value to finance, step by step
In the third in our series on the strategic role of finance professionals, Tony Grundy looks at the key ingredients needed to turn the finance team into a higher value-added function
1 March 2016The shortcomings of IAS 37
The IASB is considering possible amendments to IAS 37. Graham Holt discusses the areas that require clarification and consistency
1 February 2016How to be a good business partner
In the second in a series about the strategic role of finance professionals, Tony Grundy looks at what it means in practical terms to be a business partner
1 February 2016Get to grips with MPERS amendments
The recent amendments to the Malaysian Private Entity Reporting Standards could have big implications, says Ramesh Ruben Louis
1 February 2016How to be a visionary
In the first in a new series covering the strategic role of the finance function, Tony Grundy examines how to create a vision and target value-creating activities
1 January 2016Bringing clarity to the conceptual framework
Graham Holt examines whether criticisms that the Conceptual Framework lacks consistency and clarity have been addressed
1 January 2016Property, plant and equipment exemptions and MPERS
In the second part of a series on MPERS, Ramesh Ruben Louis explores the exemptions for property, plant and equipment
1 January 2016 -
2015 articles
Simply select a title to view the article.
What users think of IFRS 3
Graham Holt takes a look at the main issues raised in the feedback received by the IASB on IFRS 3
1 November 2015Checking out the supermarket sector
A seismic shift is taking place in the UK supermarket sector, with former giants
reduced to scrabbling underdogs. Tony Grundy looks at their rise and fall
1 November 2015How to prepare for the switch to MPERS
In the first of two features on MPERS, Ramesh Ruben Louis explores the implications of transition for first-time adopters
1 November 2015The audit quality conundrum
Against a backdrop of concerns over audit quality in Malaysia following a World Bank report, the profession is making strides in raising standards, says Ramesh Ruben Louis
1 October 2015Scenario storytelling in the oil and gas sector
The oil and gas sector is a great example to others of where storytelling can be applied to strategic advantage. The hard part is doing it well, says Tony Grundy
1 October 2015The search for a sustainable approach to accountancy
Graham Holt outlines the developments in sustainability reporting requirements and practices that are currently under way
1 October 2015Marginal tax rates in 2015-16 (UK Finance Act 2015)
In 2015 - 2016, a person with an income of £121,200 or more is not entitled to any personal allowance. David Harrowven explains the impact this will have on individuals
1 September 2015Capital gains tax planning with quoted shares (UK Finance Act 2015)
With quoted shares and securities (also unit trusts and OEICs) there is more scope for CGT tax planning than there is with most other chargeable assets, explains David Harrowven
1 September 2105Pensions tax relief (UK Finance Act 2015)
David Harrowven explains pensions tax relief under the 2015 Finance Act
1 September 2015Individual savings accounts (UK Finance Act 2015)
David Harrowven looks at current ISAs and their advantages, limits, and regulations
1 September 2015Real time PAYE reporting (UK Finance Act 2015)
David Harrowven provides a summary of the most important aspects of RTI
1 September 2015Statutory residency rules (UK Finance Act 2015)
In April 2013, the Government introduced a statutory definition of residence. In this article, David Harrowven gives an overview of rules under the 2015 UK Finance Act
1 September 2015Automatic enrolment (UK Finance Act 2015)
David Harrowven explains the complex legislation surrounding automatic enrolment
1 September 2015Accrual accounting arrives
The introduction of accrual accounting has implications across Malaysia’s public sector, not least in accounting for property, plant and equipment, explains Ramesh Ruben Louis
1 September 2015An examination of whether IAS 21 needs amending
Graham Holt examines the issues raised by IASB research that referred to a KASB study into whether IAS 21 needs amending
1 September 2015Through a lens: competition in the optical industry
Opticians in the UK are enjoying favourable competitive forces, but they should beware of potential new entrants who could do them some real damage, says Tony Grundy
1 September 2015Self-reflection
In a fast-changing business environment, the accountancy profession is having to adapt to survive. Tony Grundy picks up the mirror and turns his MBA analysis on accountants
1 July 2015Nine lives
It is likely that IFRS 9 will present a significant challenge for financial institutions, says Graham Holt
1 July 2015Brought to bear
Ramesh Ruben Louis explains how bearer plants will be accounted for following changes to MFRS 141, Agriculture and MFRS 116, Property, Plant and Equipment
1 July 2015Death benefits
The funeral sector offers many possibilities for growth, but the emotional barriers to reinventing the industry must be overcome, explains Tony Grundy
1 June 2015Reconciliation?
The IASB has proposed amendments to cashflow reporting, but the need for the change has been questioned, finds Graham Holt
1 June 2015Facelift for auditors
A new set of auditor reporting standards aims to make reports more relevant. Ramesh Ruben Louis explores the changes
1 June 2015Being marvellous
Tony Grundy uses the example of entertainment company Marvel to illustrate the relationship between strategy and finance during mergers and acquisition
1 May 2015Pension posers
The accounting for contribution-based promises in employee benefits is only one of the issues with IAS 19, says Graham Holt
1 May 2015Recovery position
DTA measurement can be a concern because of the potential delays in recovering net operating losses, explains Graham Holt
1 April 2015Do it like Dubai
Dubai and Emirates Airlines have understood how strategic vision can create competitive advantage at both country and company level, as Tony Grundy explains
1 April 2015Lease accounting
As we wait for a definitive leasing standard, Graham Holt explores the original 2013 exposure draft and the current state of play
1 March 2015The audit of related parties and the application of professional scepticism
The audit of related party relationships and transactions is a crucial aspect in the performance of an audit of financial statements under the International Standards on Auditing (UK and Ireland) (ISAs). Massimo Laudato, technical adviser at ACCA, covers the main points.
1 March 2015The John Lewis effect
In this latest article in a series on competitive advantage, Tony Grundy looks at the unique position that the John Lewis Partnership has in the UK retail market
1 March 2015Audit evidence and specific considerations for certain times
Obtaining and documenting sufficient appropriate evidence on which to base the auditor’s opinion is one of the main objectives of an audit of financial statements. Massimo Laudato, technical adviser at ACCA, explains.
1 March 2015Performing effective (and efficient) audits - the importance of planning and materiality
Audit planning is one of the areas which causes disagreement among auditors. Some see it as a burden, others as a way to a more efficient and effective audit. Massimo Laudato, technical adviser at ACCA, discusses the essential elements of a time-saving risk-based approach.
1 March 2015The audit of going concern
Massimo Laudato, technical adviser at ACCA, considers the issues surrounding the audit of going concern
1 March 2015Accounting for changes
Graham Holt discusses the IASB’s application of effects analysis to new standards and any material changes in existing standards
1 February 2015Amazon's mighty flow
In this second article in a series on how strategic vision can create competitive advantage, Tony Grundy looks at Amazon’s success
1 February 2015Fit for purpose
In a new series on competitive advantage, Tony Grundy charts the transformation of an ailing gym chain into a distinctive brand
1 January 2015Getting the priorities right
Graham Holt explores the ESMA’s common enforcement priorities for 2014 financial statements
1 January 2015 -
2014 articles
Simply select a title to view the article.
IFRS 9 – the final version
Putting the IFRS 9 requirements – which will affect all sectors, but mostly banks – into practice will be a challenge, says Graham Holt
1 November 2014Ready to split?
In the last of his series on international business, Tony Grundy looks at the options available for the divestment of a business
1 November 2014
What is fair value?
An overview of the key concepts and practical guidance for SFRS 113 Fair Value Measurement including valuation techniques
1 October 2014Five-step model
In his second article on IFRS 15, Graham Holt looks at the practical application of the standard using a five-step model
1 October 2014Managing alliances
In the fourth article in his series on international business, Tony Grundy explains how alliances can add real value
1 October 2014
Workplace pension schemes (Finance Act 2014 version)
David Harrowven looks at the most important aspects of the guidance surrounding workplace pension schemes
1 September 2014Statutory residence test (Finance Act 2014 version)
In April 2013, the Government introduced a statutory definition of residence. In this article, David Harrowven gives an overview of rules under the 2014 UK Finance Act
1 September 2014
PAYE – real time information (Finance Act 2014 version)
David Harrowven provides a summary of the most important aspects of RTI
1 September 2014
Marginal tax rates in 2014-15 (UK Finance Act 2014)
For 2014-15 a person with income of £120,000 or more is not entitled to any personal allowance. David Harrowven explains the impact this will have on individuals
1 September 2014Capital gains tax planning with quoted shares (UK Finance Act 2014)
David Harrowven considers the current tax planning options available to the main body of UK shareholders
1 September 2014
Step change
In the first of two articles on IFRS 15, Graham Holt looks at issues surrounding the definition and nature of a contract under IFRS 15
1 September 2014New individual savings accounts (UK Finance Act 2014)
David Harrowven looks at current ISAs and their advantages, limits, and regulations
1 September 2014Acquisitions without tears
In the third article in his series on international business, Tony Grundy explains how to make effective acquisitions
1 September 2014Pensions tax relief (Finance Act 2014 version)
David Harrowven explains pensions tax relief under the 2014 Finance Act
1 September 2014All change
Don’t be fooled; changes to IAS 16, IAS 38 and IFRS 11 will have
a profound effect on some entities, explains Graham Holt
1 July 2014International strategies
In the second article in his series on international business, Tony Grundy looks at how to develop strategies
1 July 2014Catering to user demands
Additional performance measures can assist users in making investment decisions but they have limitations, says Graham Holt
1 June 2014Adding value
The IASB's practice statement on management commentary and the MASB's SOP 3 provide a framework, explains Ramesh Ruben Louis
1 June 2014International management
Starting a new series, Dr Tony Grundy discusses the factors affecting business across borders and how to manage them
1 June 2014Finance Bill 2014: a guide
ACCA's Glenn Collins and Simon Wood take us through the key areas of the bill, including anti-avoidance and pensions reform
1 May 2014Vexed concept
Uncomfortable questions are surfacing about the purpose and the nature of the equity method of accounting. Graham Holt explains
1 May 2014O&P and economic value
In his second of two articles on organisational and people strategy, Dr Tony Grundy examines its effect on economic value
1 May 2014
O&P means USP
In the first of two articles on organisation and people (O&P) strategy, Dr Tony Grundy looks at what it really means in practice
1 April 2014Profit, loss and OCI
Graham Holt explains what differentiates profit or loss from other comprehensive income and where items should be presented
1 April 2014
Keeping up to date
Graham Holt outlines the recent amendments made to nine International Financial Reporting Standards
1 March 2014Marketing and branding
In his third article on marketing, Dr Tony Grundy examines how marketing and branding strategies create economic value
1 March 2014Financial CSI is on the rise
Forensic accountants use investigative, accounting and auditing skills to expose corporate fraud, and caseloads are soaring globally
1 March 2014IR - the nuts and bolts
Graham Holt outlines the purpose of, and what's involved with, adopting the IIRC's new integrated reporting framework
1 February 2014Marketing strategy 2
In this second article in our series on marketing, Dr Tony Grundy covers the main concepts for finance professionals to know
1 February 2014Transparent and consistent
Transparency and the consistent application of IFRS in Financial reporting are key to making financial markets work smoothly
1 January 2014Marketing strategy 1
Opening a new series of articles on key business concepts for finance professionals, Dr Tony Grundy looks at marketing strategy
1 January 2014 -
2013 articles
Simply select a title to view the article.
Realigning the framework
Graham Holt examines the discussion paper on the conceptual framework for financial reporting issued by the IASB in July
1 November 2013Patterns of leadership
In his final article on management theories, Dr Tony Grundy looks at objectives, motivation, transformation and governance
1 November 2013Operations management
In the fourth article in his series about management theories, Dr Tony Grundy looks at a range of operational approaches
1 October 2013Are you complying?
Following research by ESMA, the regulatory bodies are focusing on key aspects of IAS 36, says Graham Holt
1 October 2013Pensions tax relief (UK Finance Act 2013)
The Coalition Government has reformed pensions tax relief. David Harrowven explains the changes
1 September 2013
Knowledge-based theories
In the third article in his series about management theories, Dr Tony Grundy looks at knowledge-based approaches
1 September 2013
Capital gains tax planning with quoted shares (UK Finance Act 2013)
David Harrowven considers the current tax planning options available to the main body of UK shareholders
1 September 2013Seeking solutions
Are we nearer an accounting solution to the problem of insurance contracts, asks Graham Holt
1 September 2013
Statutory residence test (UK Finance Act 2013)
In April 2013, the Government introduced a statutory definition of residence. In this article, David Harrowven gives an overview of the new rules
1 September 2013Individual savings accounts (UK Finance Act 2013)
David Harrowven looks at current ISAs and their advantages, limits, and regulations
1 September 2013The IP basics
Accountants advising businesses about their intellectual property rights have a new source of help, says the IPO’s Paul Storer
1 September 2013
Marginal tax rates in 2013-14 (UK Finance Act 2013)
For 2013-14 a person with income of £118,880 or more is not entitled to any personal allowance. David Harrowven explains the impact this will have on individuals
1 September 2013Workplace pension schemes (UK Finance Act 2013)
David Harrowven looks at the most important aspects of the guidance surrounding the new workplace pension schemes
1 September 2013
PAYE - Real time information (UK Finance Act 2013)
David Harrowven provides a summary of the most important aspects of RTI
1 September 2013Lease accounting
The IASB's new exposure draft on leases could require many companies to report larger amounts of assets and liabilities on balance sheets than at present, says Graham Holt
1 July 2013Evaluating performance
In his second article exploring the world of management theories, Dr Tony Grundy considers seven models for assessing corporate performance
1 July 2013Equity accounting: where’s it at?
With IAS 28 now in force, it’s a good time to consider how it affects you. But be prepared – not everything in the standard is as cut and dried as might be hoped, says Graham Holt
1 June 2013Theoretically speaking
In the first of a series of five articles on management theories, Dr Tony Grundy looks at the role these theories play generally, before kicking off with competitive strategy theory
1 June 2013The new UK GAAP
The UK's new Financial Reporting Standards seek to introduce consistency and bring standards up to speed with today's business requirements. Graham Holt explains
1 April 2013Impairment for financial assets
In a new impairment model for financial assets, the IASB proposes a model where credit losses are no longer recognised when incurred. Graham Holt explains
1 April 2013Finance Bill 2013
ACCA’s Simon Wood and Barinder Chadha offer a rundown of the principal changes to the UK tax regime made by the 2013 Budget and Finance Bill
1 April 2013Carve-outs
With diverse practices springing up around the accounting for combined and carve-out financial statements, Graham Holt explains the fundamental principles
1 April 2013The value of economic value
In the last in his series on economic value, Dr Tony Grundy explores value-based management and offers four case studies illustrating its effectiveness
1 April 2013Defining moment
IAS 32 sets out to bring some much needed clarity to the definitions of assets and liabilities in relation to debt instruments, explains Graham Holt
1 March 2013Off their trolley
In the fourth article in his economic value added series, Dr Tony Grundy uses value and cost driver analysis to show why supermarket trolleys without coin locks make no business sense
1 March 2013
EU enforcers make common cause
For the first time regulators in the EU have agreed the areas that they will focus on when they come to review 2012 financial statements. Graham Holt explains
30 Jan 2013
Picking up the value points
Taking English football’s big four teams as his example, Dr Tony Grundy explains how to explore the value of a new business model by treating it as a value system
30 Jan 2013 -
2012 articles
Simply select a title to view the article.
Cash equivalents or not cash...
07 Dec 2012
Hedge accounting - draft alert
26 Oct 2012
Charities - trustee duties
26 Oct 2012
A matter of professional judgment
27 Sep 2012
All about EVA
03 Aug 2012
Preparing for change
22 Jun 2012
Making strategic options fly
22 Jun 2012
Welcome to FRS for SMEs
25 May 2012
The future of UK GAAP?
25 May 2012
Managing strategy
25 May 2012
APA uncovered
25 May 2012
All change for revenue accounting?
25 May 2012
Weighing up your options
27 Apr 2012
Bin the clutter
20 Apr 2012
Unpeel your competitive onion
23 Mar 2012
Covering all eventualities
23 Mar 2012
Leases - operating or finance?
23 Mar 2012
Going concern
04 Mar 2012
Strategy without the guff
04 Mar 2012
Current or non-current liability?
28 Feb 2012
Statements across frontiers?
27 Jan 2012
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2011 articles
Simply select a title to view the article.
Impairment of goodwill and CGUs
21 Dec 2011
Tax valuation and reporting
18 Oct 2011
Furnished holiday lettings
14 Oct 2011
The complex and changing world of capital allowances
13 Oct 2011
APAs - flexible, pragmatic, certain
05 Oct 2011
How to measure fair value
23 Sep 2011
Pensions tax relief
04 Sep 2011
Assessing the risk of material misstatement
04 Sep 2011
Statutory residence test
04 Sep 2011
IAS 19 - the changes and effects
29 Aug 2011
Valuing goodwill
29 Aug 2011
Valuation of trading entities
15 Jul 2011
ATCAs - an update
01 Jul 2011
Off balance sheet activities
28 Jun 2011
Group audits - more detail
24 Jun 2011
Bribery Act
25 May 2011
Transfer pricing - OECD update
25 May 2011
IAS 16 and componentisation
25 May 2011
Hedge accounting
27 Apr 2011
Impairment of financial assets
22 Mar 2011
Presenting financial statements
21 Feb 2011
IAS 12, Income taxes
24 Jan 2011
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2010 articles
Simply select a title to view the article.
Leases and transition to IFRS
20 Dec 2010
Insurance contracts - the exposure draft
25 Oct 2010
Practical auditing under clarified ISAs
25 Oct 2010
The future of UK GAAP
20 Sep 2010
ISA 550, Related Parties
13 Aug 2010
ISA 200
23 Jun 2010
Accounting for leases - the future
22 May 2010
Transfer pricing
23 Apr 2010
IFRS 9, Financial Instruments
21 Mar 2010
Benefits in kind
21 Feb 2010
Clarity on ISA hotspots
21 Feb 2010
Debt free cash free
26 Jan 2010
Cashflow statements
26 Jan 2010
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2009 articles
Simply select a title to view the article.
Testing times
23 Dec 2009
Revenue recognition
02 Nov 2009
Companies Act 2006
02 Nov 2009
Professional safeguards
29 Sep 2009
Audit planning in difficult times
29 Sep 2009
IFRS for SMEs
20 Aug 2009
Environmental duties
04 Jun 2009
High-rate help
03 Jun 2009
Finance Bill 2009
03 Jun 2009
IAS 36, Impairment of assets
21 May 2009
IFRS 1, First-time adoption
03 May 2009
Point taken
03 May 2009
Keys to a better legacy
20 Mar 2009
IAS 16, Property, plant and equipment
20 Mar 2009
Determining residence of a trust body
02 Mar 2009
Termination payments - tax-free or tax nightmare?
23 Feb 2009
IAS 21, The effects of changes in foreign exchange rates
23 Feb 2009
Taxing the nest egg
21 Jan 2009