IFRS 13 Fair Value – Market Challenges

In this article we will look at some further challenges in the implementation of the IFRS 13 Fair Value standard. This article considers challenges in the area of market definition. IFRS 13 identifies Fair Value as the price that would be received to sell an asset or...

IFRS 13 Fair Value – Scope Challenges

Following the introduction of IFRS 13, Fair Value has become formalised in the world of financial reporting. For users of Financial Statements, the concept of an asset measured at fair value is very understandable. Also, SOFP valuations based on fair value are more...

Finance….It’s simple…but not intuitive!

For over 20 years, I have delivered Finance training to a wide variety of clients. These clients range from SMEs to large multinationals. The participants on these courses can have a wide range of Non-Financial backgrounds such as Engineering, Sales, Marketing, R+D...

Similar…. but different

Very often examiners pose questions that test candidates understanding of the subtle, but critical, differences between similar financial transactions. A typical question might relate to a company which has contractual or constructive obligations to make post...

Training Course versus Training Content

“Why would anyone pay for an online training course when there’s so much free training content already available online?” This was a question we were often asked when we first told people that we planned to develop online courses to support Accounting students. On the...