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IFRS Technical Update
19 March 2019
What’s so tricky about IFRS 17?
There have been more than a few eye-catching headliners around about IFRS 17 – “a whole new perspective”, “a game changer”, ”a light shining through darkness”, “the dawn of a new era” - all of which, of course, are true.
18 March 2019
Artificial Intelligence in Accounting – Pros and Cons
It has been predicted by Forbes that "by 2020, accounting tasks including tax, payroll, audits and banking will be fully automated using AI-based technologies, which will disrupt the accounting industry in a way it never was for the last 500 years...
8 March 2019
Weekly Catch-Up 6th March
Gloria Zvaravanhu who has been newly appointed as chief executive of the Institute of Chartered Accountants of Zimbabwe, talks about her new role.
4 March 2019
The Personal Touch
We’ve all had the frustrations of call centres; so many options before you speak to a human being. Or an email correspondence with a generic email address, where your questions are being answered by many members of staff with no knowledge of you and...
25 February 2019
Weekly Catch-Up 22th February
When IFRS 15 was published in May 2014, it significantly impacted real estate companies as they were able to recognise revenue over a construction period, as long as certain conditions were met.
14 February 2019
Excel tips and techniques bought to you from the experts!
In almost every industry Excel plays a significant part in everyday operations, none more so than the accountancy sector. It is vital for planning, budgets and forecasting.
13 February 2019
Weekly Catch-Up 13th February
A new campaign by the UK government called Flag it up, is being used to promote best practice in anti-money laundering compliance. The national Strategic Assessment of Serious and Organised Crime 2018 by the National Crime Agency suggests that...
4 February 2019
Three IFRS Updates for analysis of financial statements
If you analyse IFRS financial statements, there are three key updates that you must be aware of:
28 January 2019
Coming soon IPSAS 42 Social Benefits
We’ll shortly have publication of IPSAS 42 Social Benefits. This standard is one of several related initiatives dealing with liabilities and expenses arising from non-exchange transactions and, on the other side of the fence, ...
25 January 2019
Weekly Catch-Up 25th January
The IASB have targeted three main areas for improvement for IFRS 17 in their January board meeting. The proposed improvements, voted in by the board, are linked to the recognition of contract costs, reinsurance contracts and...