Full ICAG Advanced Taxation Paper 3.3 (July 2024) Q1 walkthrough — Resale Price and Cost-Plus methods with worked examples, and intragroup loan comparability factors, marked as the examiner marks it.
Category: ICAG
ICAG PSAF Past Question: PFM Cycle & PEFA Walkthrough
Full ICAG Public Sector Accounting & Finance Paper 2.5 (Nov 2024) Q3 walkthrough — PFM objectives, PFM cycle stages, and reading a PEFA assessment, marked as the examiner marks it.
Change in Accounting Policy vs Estimate — ICAG IAS 8 Guide
Confusing a change in accounting policy with a change in estimate under IAS 8? Get the golden paragraph 35 rule and the ICAG exam application explained.
Business Income vs Investment Income — CITG Exam Guide (Act 896)
Confusing business income with investment income under Ghana’s Income Tax Act? Get the exact Section 5 and Section 6 tests and the real classification trap explained.
IFRS 6 Explained: Exploration & Evaluation (ICAG Guide)
IFRS 6 governs how mining and oil & gas companies account for exploration spending — a standard almost no ICAG student studies. Full paragraph-by-paragraph breakdown with a worked illustration.
VAT Exempt at Import But Taxed at Home? (CITG Guide)
GRA Practice Note DT/2021/004 explains why goods exempt from VAT at importation can still be fully taxable when sold in Ghana. Full breakdown with GRA’s real worked examples.
Test of Control vs Method vs Substantive Test: The Real Fix
Real November 2024 Audit & Assurance report: even on an 85% pass-rate paper, this exact vocabulary confusion cost marks. Here’s how to fix it.
The “Worst Attempted” Tax Question Was Just a Sequencing Error
Real November 2024 Principles of Taxation report: basis periods, donation add-backs, and withholding tax credits — three fixable errors, one question.
Contingent Consideration ICAG: The IFRS 3 Trap Lecturers Skip
Real ICAG July 2023 examiner comments reveal why a contingent consideration question broke candidates — because, in the examiner’s words, lecturers skip it.
Capital Allowance Ghana: The 5% Repairs Rule 99% Missed
Real ICAG August 2022 examiner comments show why over 99% of candidates failed a capital allowance question — and the 5% repairs-and-improvement cap that fixes it.
