Depreciation Concepts — Maintaining Financial Records FA2
WHAT IS DEPRECIATION? Depreciation is an accounting technique for spreading out the expense of a tangible or physical asset over the course of its useful life. It is the process
IAS 20 – Government Grants in financial reporting/f7
Out of 41 International accounting standards “ Government grant is one of them which is considered as IAS 20. This IAS deals with the benefit provided by government authorities to
What is Bookkeeping -financial accounting /f3
Bookkeeping in Financial Accounting Is the course of methodically recording, sorting out, and keeping up with monetary exchanges and data for a business or association. It is a basic part
IAS 16 Property plant and equipment- Complete overview in Fnancial Reporting/F7
IAS 16 Property plant and equipment In the world of financial accounting, precision and transparency are paramount. One foundational International Accounting Standard that encapsulates these principles is IAS 16, focusing
All you need to know about “SBR” – an ACCA professional exam
As per the order laid out by ACCA, Strategic Business Reporting (SBR) comes first in the series of professional exams. Assuming you follow the same trend, welcome to the professional
What Causes a Shift in the Supply and Demand Curve? FBT ACCA exam
What is a Market? A market is theoretically referred to as a place where buyers and sellers meet to exchange commodities; it is called trade. For trade to work, a
Fraud And Controls in the Business – Different Types of Frauds and How to Prevent Them in ACCA FBT
Introduction – Fraud And Control “Fraud and controls” chapter is an important part of F1 ACCA Business Technology and is highly tested in FBT ACCA exam .Before we explore more
Corporate Social Responsibility : CSR in ACCA Explained
Corporate social responsibility (CSR) and its impact on sustainable development: Introduction: In today’s rapidly changing world, it’s crucial that we address pressing environmental and social issues. From the depletion of
Exploring The World of IFRS: Insights for IFRS ACCA Diploma Candidates
Welcome to this detailed article on the International Financial Reporting Standards (IFRS) or IFRS diploma. If you are an ACCA candidate on the direction to turning into a licensed finance
Variance Accounting: Definition, Top Reasons and Types of Variances – F2 ACCA Exam
What is Variance or Variance Accounting? Variances accounts serve as a critical tool which actually differentiate between actual budget and expected budgets. Variance accounting can actually be favourable when actual
