Month: November 2017

LSBF ACCA Exam Tips for December 2017

LSBF ACCA Exam Tips for December 2017 ACCA F5 Performance Management Sections A and B: Costing methods (ABC, throughput & lifecycle) and decision making (Relevant costing, linear programming, and uncertainty), Budgeting and performance evaluation Section C: Non – Financial Measures (Building Blocks & Balanced scorecard) and advanced variances. LSBF ACCA Exam Tips for December 2017

IFRS 2 Share Based Payments

IFRS 2 Share Based Payments Introduction IFRS 2 Share Based Payments has become increasingly common. Share-based payment occurs when an entity buys goods or services from other parties (such as employees or suppliers) and: settles the amounts payable by issuing shares or share options, or incurs liabilities for cash payments based on its share price.

Framework for Financial Reporting

A Framework for Financial Reporting is a set of theoretical principles and concepts that underlie the preparation and presentation of financial statements. If no conceptual framework existed, then it is more likely that accounting standards would be produced on a haphazard basis as particular issues and circumstances arose. Framework for Financial Reporting helps in the preparation