IFRS 8, Operating Segments, is one of the most under-revised standards on the ICAG syllabus — precisely because it feels like pure disclosure with nothing to compute. That reputation is wrong. Buried inside the standard is a fully mechanical...

In March 2024, the Ghana Revenue Authority issued a Practice Note most CITG students have never opened. It clarifies Minimum Chargeable Income, MCI — a provision introduced by the Income Tax (Amendment) Act, 2023, Act 1094, into Section 2A...

Check your to-do list. If “review IFRS 9” or a specific standard has been sitting there untouched for days, this post is for you — not to make you feel guilty about it, but to explain exactly why it...

Check your notes app. If “start revision” or a specific topic review has been sitting there untouched for days, this post is for you — not to make you feel guilty about it, but to explain exactly why it...

A common misconception follows students into the Financial Reporting exam hall: that IFRS 16 abolished the operating-versus-finance lease distinction. It did — but only for lessees. If the scenario in front of you is written from the lessor’s perspective,...