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- December 17, 2020 at 9:25 pm #600210
Yes indeed, ACCA just confirmed: Yes, any time spent studying will count towards your CPD.
December 13, 2020 at 7:59 pm #599850Hello Arminas,
I do not know that, but I am wondering about this as well. I will ask ACCA and let you know!
Best!
November 22, 2020 at 11:14 pm #596089Thank you for the info! I will look for Adam Deller’s articles. Would you recommend tracking the unverifiable CPD as well, describing specific articles etc.? Or can I generally claim 19 CPDs for books I read for my projects at work etc.?
November 19, 2020 at 7:57 pm #595667Hello! I am wondering, when you claim CPD by reading and understanding technical articles: do you claim 2 CPD units of which 1 is verifiable by the certificate and argue that you learned for 2 hours?
Or should I claim 1 CPD unit which is completely verifiable for 1 technical article, do this for 21 technical articles and then simply claim 19 non-verifiable CPD units?
Thanks for your advice,
Martin
October 19, 2015 at 7:20 pm #277639Affiliate 🙂 Finally!
June 8, 2014 at 7:43 pm #175270Helly Fairlygladys,
No, that would mean to accrue tax before it is even earned. The balance sheet based model means that you only look at the differences between two balance sheets, the one prepared for IFRS and the one prepared for the tax man.
Think about it: If you have more assets in your IFRS balance sheets, that means, you had more debit bookings on the asset side of the balance sheet. It stands to assume that you had the same debit bookings for the tax-man accounts too – just there, you made them in your P&L! Therefore, you had lower profits and paid lower tax -> So you will have to pay more tax in the future. Maybe that helps to understand the principle, even though it is not a very good analogy.
BR
May 30, 2014 at 7:47 pm #171995Warren, it would indeed be awesome if you could hook me up with the revision kit. How to proceed?
May 28, 2014 at 9:46 am #171373Hello Eoglasain,
Do you mean these two:
– “Hedge accounting”
– “When does debt seem to be equity”Thanks for the hint!
May 27, 2014 at 9:47 pm #171305I do not quite agree, most companies still use IAS 39 and it will take years until they will completely switch to IFRS 9. However, if the examiner shares your opinion, that is what counts. Is that the case?
May 22, 2014 at 1:59 pm #170110Hello Samko!
I think the easiest example is a small company, their only asset is a car which they use as a taxi. It is going to earn 1 Mio € in the future. There are no other costs, only depreciation! The tax rate is 25%. Now, the carrying value under IFRS is 100 k€, under tax law, it is only 50 k€.
As the car will be used, they will have to pay 1 Mio – 50 k€ in taxes, that is 950 k€ x 0,25 = 237,5 k€.
From looking at the balance sheet, one would however think that future taxes will be lowered by 100k€ x 25%, not only 50 k€! Therefore, a business will have to recognize a deferred tax liability of 50 x 0,25 = 12,5 k€!
May 20, 2014 at 8:50 pm #169733Thank you, Mike Little! I assume, I can use my 2012 BPP book then as well? Because I saw IAS 19 was revised?
May 20, 2014 at 8:49 pm #169731I see you did not receive any answers so far, what is your own opinion by now?
December 12, 2013 at 8:40 pm #152760At the end of the first exam, the invigilator announced that there would be one minute left, at the end of my second exam at the same exam center, the very same invigilator did not do this. I hac planned on using this one minute to check if I filled in all the bubbles at the top of the page… Lost one page of workings…
October 13, 2013 at 4:33 pm #142685Thank you Mike!
October 13, 2013 at 4:31 pm #142683I had the same question, thanks y’all for clarifying!
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