Q&A

Crowd funding

Q&A
What is crowd funding and how do you account for the cash received? Traditionally when companies wanted funding, they would either go to a bank to borrow or issue equity…
Tom Clendon Roo Ben Wilson ACCA HQ

Substance over form

Q&A
“I was going over the IASB’s conceptual framework and come across the phrase “substance over form”. Can you explain what this means as I don’t quite understand what this phrase…