Background There is no unequivocal definition of what is meant by an SME. McLaney (2000) identifies three characteristics: 1. firms are like ...
2015-04-17 13:04Effects of taxation on project appraisal Investment in capital assets has taxation implications， which should be included in the analysis.T ...
2015-04-17 13:04Effects of taxation on project appraisal Investment in capital assets has taxation implications， which should be included in the analysis.T ...
2015-04-17 13:04The Accounting Rate of Return The information provided by AICO plc is based on hypothetical cash flows. This information is insufficient for ...
2015-04-17 13:04Payback method The payback method is used to determine how long it will take for future cash inflows from the project to equal the initial c ...
2015-04-17 13:04Internal Rate of Return (IRR) method Often an entity would want to establish its internal rate of a project for various reasons e.g., for de ...
2015-04-17 11:04Figure 1 Published accounts of Tamari plc for year ended 31 December 1999 Cash Flow Statement 1999 1998 ?000?000 Operating profit 501420 Dep ...
2015-04-17 11:04Limited assurance engagement The practitioner： Gathers sufficient appropriate evidence to be satisfied that the subject matter is plausible ...
2015-04-17 11:04Reasonable assurance engagements The practitioner： Gathers sufficient appropriate evidence Gives a report in the form of positive assurance ...
2015-04-17 11:04Reasonable assurance engagements The practitioner： Gathers sufficient appropriate evidence Gives a report in the form of positive assurance ...
2015-04-17 11:04Capital Investment Stages Identifying investment opportunities Investment opportunities or proposals could arise from analysis of strategic ...
2015-04-17 11:04The Expectation Gap A belief that auditors test 100% of transactions and balances：They test on a sample basis; A belief that auditors are r ...
2015-04-17 11:04ISA 315 (REVISED), IDENTIFYING AND ASSESSING THE RISKS OF MATERIAL MISSTATEMENT THROUGH UNDERSTANDING THE ENTITY AND ITS ENVIRONMENT One of ...
2015-04-17 11:04SPECIFIC ASPECTS OF AUDITING IN A COMPUTER-BASED ENVIRONMENT JANUARY 2011 this facility may be utilised by the auditor when auditing salarie ...
2015-04-17 11:04ELEVANT TO CAT QUALIFICATION PAPER 8 AND ACCA QUALIFICATION PAPERS F8 AND P7 SPECIFIC ASPECTS OF AUDITING IN A COMPUTER-BASED ENVIRONMENT In ...
2015-04-17 11:04RELEVANT TO ACCA QUALIFICATION PAPER F8 Subsequent events Students of financial reporting and auditing papers will have to gain an understan ...
2015-04-17 11:04RELEVANT TO ACCA QUALIFICATION PAPER F8 AND PERFORMANCE OBJECTIVES 17 AND 18 Audit risk Candidates studying Paper F8, Audit and Assurance, a ...
2015-04-17 11:04THE CONTROL ENVIRONMENT OF A COMPANY The purpose of this article is to provide candidates with a more detailed appreciation of matters perti ...
2015-04-17 11:04II. Specific application 1. Future operating losses In the past， provisions were recognized for future operating losses on the grounds of p ...
2015-04-17 11:04Net present value to infinity Automatic model NPV ?= NPV of the project/PV of annuity of appropriate years and rate Discount Rate = ?17，130 ...
2015-04-17 11:04Effects of taxation on project appraisal Investment in capital assets has taxation implications， which should be included in the analysis.T ...
2015-04-17 11:04I. The accounting problem Before IAS37 provisions were recognized on the basis of prudence， little guidance was given on when a provision s ...
2015-04-17 11:04ISA 315 (REVISED), IDENTIFYING AND ASSESSING THE RISKS OF MATERIAL MISSTATEMENT THROUGH UNDERSTANDING THE ENTITY AND ITS ENVIRONMENT One of ...
2015-04-17 11:04Questions for Practice Question 1 R*uation and its impacts on the income statement， reserves and legally distributable profits Company A pu ...
2015-04-17 11:04IAS 16 Property， Plant and Equipment states that the residual value and useful economic life of an asset should be reviewed at each financi ...
2015-04-17 11:04Specific application 1. Future operating losses In the past， provisions were recognized for future operating losses on the grounds of prude ...
2015-04-17 10:04I. The accounting problem Before IAS37 provisions were recognized on the basis of prudence， little guidance was given on when a provision s ...
2015-04-17 10:04Net present value to infinity Automatic model NPV = NPV of the project/PV of annuity of appropriate years and rate Discount Rate = ?17，130 ...
2015-04-17 10:04Effects of taxation on project appraisal Investment in capital assets has taxation implications， which should be included in the analysis. ...
2015-04-17 10:04History Question Analysis Question 1 (Q3/December 2003) IAS 37 Provisions， Contingent Liabilities and Contingent Assets was issued in 1998. ...
2015-04-17 10:04
