ACCA and CPA Australia are two well known accounting qualifications. Many students and professionals want to know if these qualifications are connected. The most common question is about mutual recognition. People want to know if ACCA is accepted by CPA…
Test your understanding of IFRS and accounting standards through short quizzes designed for students and professionals.These quizzes help you check your knowledge, identify weak areas, and revise important concepts in an easy way.Click below to start practicing and improve your…
Introduction to IFRS 7 IFRS 7 Financial Instruments Disclosures is an accounting standard that explains how companies must disclose information about their financial instruments. The main purpose of this standard is to help users of financial statements understand the risks…
Many students around the world ask one common question before applying to a university or planning their academic future.Is ACCA Foundation equal to 13 years of education! This confusion usually appears when a student has completed 12 years of schooling…
Professional accounting qualifications like CA, ACCA, CPA, and ICAEW are respected worldwide. Many students enroll with high hopes and strong motivation. Still a large number of students fail repeatedly or quit halfway. This does not happen because these students are…
A simple and clear guide for accounting and finance students CA X ACCA. IFRS 6 is a specialised accounting standard that applies to companies involved in mining, oil, gas, and other mineral resource activities. These industries spend a large amount…
A simple and clear guide for CA X ACCA students Many companies sell their assets when they restructure or change their business direction. Sometimes they even close a major division and move all operations somewhere else. These events affect financial…
INTRODUCTION Insurance is a major part of modern financial systems. Companies, individuals, and even governments manage their risks through insurance contracts. This makes insurance accounting very important because it helps users understand how insurers recognise revenue, expenses, liabilities, and risks.…
Introduction IFRS 3 Business combinations are a major part of accounting and finance. Many large companies grow by buying other companies or combining operations. IFRS 3 explains how these situations should be recorded in the financial statements. The standard is…
INTRODUCTION IFRS 2 is the accounting standard that explains how to deal with share based payments. Many companies offer shares, share options, or other equity related rewards to their employees and directors. These rewards help in motivating people and in…
