Accounting policies – what makes them appropriate
Brands and intangibles – distinguishing them from goodwill
Component accounting – when to use it and when not to
Deferred tax assets – when to recognise them and when we shouldn’t
Errors – how to distinguish them from poor estimates and how to correct them
Finance costs – the continuing misconception
Goodwill – what to do if it goes negative
Held to maturity investments – the two year ban
Impairment reviews – how to do them and what to disclose about them
Judgement disclosures – the continuing failure to comply with the standard
Key performance indicators – what are they?
Liabilities - and the demise of customary accounting practice
Milestone accounting – how to use it and how not to use it
Non-cash transactions – dealing them when preparing cash flow statements
Operating lease commitments – and appropriate disclosures
Prudence – the continuing role
Qualitative characteristics – and how they are what holds it all together
Related party disclosures – what must be disclosed
Substance – and the test for substance abuse
Tangible fixed assets – what constitutes a directly attributable cost
Understandability – who you should be preparing accounts for
Vacant leasehold properties – and the HMRC clampdown
Working capital movements – compensating errors in cash flow statements
eXceptional items – not what you might think
Yes answers – dealing with the checklist mentality
Zero tolerance for misstatements – how they are spotted
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