Provision for unrealised profits

Why and how do we make provision for unrealised profits (PUPs) when preparing group accounts! In this episode this is all explained and more!#singleentityconcept#impactonNCI

IFRS 18 is a new standard that is now examinable at SBR. This edition of the podcast gives you an introduction and sets the scene!

IFRS 18 is now examinable at SBR. This podcast sets the scene and gives you an introductory over view of this latest accounting standard. You will learn about the management-defined performance measures (MPMs) and the five categories of income and expenses within the profit or loss.This edition is less than 10 minutes so is not comprehensive and does not include all you need to know.

Lets make sure you understand the basics. Here I talk about IAS 16 Property Plant & Equipment and IAS 40 Investment Property - with an emphasis on explaining about revaluations!

In this episode Nikki talks about the challenges that students face studying professional accountancy exams and the strategies that can be used to overcome them.

A power ten minutes on this key standard - which has been called an anaolgue standard for a digitial age!

Good students can fail exams! So I explored with my friend Stuart Pedly Smith his top five examination technique tips. Stuart is a very respected academic and lecturer who has researched extensively into how students learn.

Substance over form is a key principle to understand. In this episode I explain the theory and show how it is applied in two different accounting standards as well as crowdfunding.

Not as straight forward as you might think! In this episode I discuss and explain the various ways that a group will account for a 40% investment. You see it all depends.

Cash flow - lets talk the basic principles, why investors like them and lets talk numbers. This is a topic you must be comfortable with.