About the author: Jon Smith
I am a chartered accountant with the Institute of Chartered Accountants in England and Wales. I have many years of experience both in accountancy and bookkeeping and in distance learning. I am also very enthusiastic about bringing the teaching of bookkeeping into the 21st century using the power of the web.
Accounting and Bookkeeping Courses Blog Archive
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Category Archives: Accounting and Bookkeeping
Square accounts in a round tax hole
HMRC’s insistence on iXBRL corporation tax returns will mean big changes to accounting in the UK. Continue reading
Accounting for BAE’s shame
BAE settles bribery allegations with the prosecutors once again by admitting to accounting errors. Continue reading
BIS for Accounting
Even the economists in government can see the benefit of bookkeeping. Continue reading
Accountants and Lords
The House of Lords’ Economic Affairs Committee recently gave the UK accounting profession, and auditors in particular, a carpeting for thir failure to protect us from the banking crisis. “I find it absolutely astonishing,” said Lord Lawson, committee member and former … Continue reading
What do accounting students do?
A review of employment prospects for graduates and accountancy students in particular. Continue reading
Accounting for Higher Education
The effect of Lord Browne’s proposals for higher education Continue reading
Football needs to play by accounting rules
Why can’t football clubs play by the rules? Continue reading
Tim Bush: Accounting Hero
Not many of us, except my children of course, would say that we had an accountant as our hero. Even fewer would admit to admiring their hero because of his accounting wisdom. Tim Bush, however, is that rare thing, a … Continue reading
Posted in Accounting and Bookkeeping
Tagged Accounting Standards Board, ASB, CDO, Credit Default Obligations, estimated losses, FRS 26, ICAEW, IFRS, incurred losses, Institute of Chartered Accountants in England and Wales, International Accounting Standard 39, International Financial Reporting Standard, netting off, prudence, Tim Bush, UITF, Urgent Issues Task Force
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Debt advisers called to account, almost
Debt advisers are there to help some of the most vulnerable members of our society. As such, of course, they should be able to account for their activities according to the highest standards of trustworthiness and professionalism. Unfortunately the latest … Continue reading
Financial advisers called to account
As an accountant, of course, it is sometimes difficult not to be sceptical about the role of financial advisers. At best an independent financial adviser should be an expert in the advantages and risks to their clients of a range of … Continue reading