Reading articles is really important when studying SBR. It’s essential for understanding current issues. Articles deepen your understanding of accounting standards in the real world.
This examinable document seeks to make an amendment to IAS12 Income Taxes in order to enhance the faithful representation of accounting for deferred tax.
One of my former students got 83% in the SBR exam. I am always interested in learning from students, so I asked him the secret of his success, and he said..
So what is the accounting in the group financial statements where some shares in, say a 30% associate are sold, but a residual of 5% remains?
To pass SBR you not only need to have the technical knowledge but you also need to be able to apply and explain that knowledge in the exam in such a way that earns you the marks!
Why are there two methods of measuring NCI (one at fair value and the other as a proportion of net assets) and what are the consequences?
How do cash flow statements provide useful information to the users of the accounts? This is a big question. Let us break it down.