IAS 16 – Property, Plant and Equipment (PPE) Understanding IAS 16 – Property, Plant and Equipment under IFRS Standards IAS 16 Property, Plant and Equipment (PPE) provides guidance on the recognition, measurement, depreciation, and derecognition of tangible assets held for use...

Financial and Management Accounting Accounting is often called the language of business. It communicates the financial performance and position of an organisation to those who make key economic decisions. A sound accounting system is essential not just for record-keeping but...

Regulating Tax Practitioners in Ghana: The Role of the Chartered Institute of Taxation-Ghana (CITG) "Everything today is taxes....What better seat on the grandstand of life can I offer you than that of tax counsel?...Who is the figure behind every great...

IAS 12 – Income Taxes Taxation is a compulsory levy imposed by government on taxable persons — including individuals, companies, and other entities — to raise revenue for public services. In accounting, taxes influence profit reporting, asset valuation, and deferred...

IAS 10 – Events After the Reporting Period Image: Reviewing post-year-end events under IAS 10 for Ghanaian companies Introduction Financial statements summarise activities and events that occurred within a specific accounting period. However, after that period ends, new events may arise that...