Whenever we hear of fraud this question is usually asked why people do fraud, and the most common answer we get is if one is poor and he is unable to meet his needs that’s why he did the fraud to get extra money, but answer is wrong in 99 % cases, then question is [...]

Many candidates of accountancy profession may have an overwhelming desire to have up to date and comprehensive list for International Standards of Accounting (IAS) or International Financial Reporting Standards (IFRS). Below I have produced a detailed and chronological list of ISA and IFRS that may serve as a model list and may help candidates and [...]

Disposals of group companies or associates has been relatively less tested area in exams, despite the fact that the treatment and quite critical and requires thorough understanding and practice. In present economic scenario group disposals have been common for cost cutting purposes. Given the emerging importance, this area may be tested in professional exams.

What is a Hive Down? One company incorporates a subsidiary, i.e. becomes Parent of another company and transfers trade and assets to this new company. The subsidiary is then sold to a third party.

Usually it’s difficult to find tax rates and slobs when required urgent , that’s why I am sharing almost all frequently used tax rates and slabs for almost every kind of person employed , self employed and companies , hopefully you will find this information useful , for tax rates and slabs are given below.

A person’s status of residence, ordinary residence and domicile is of utmost significance when determining taxation implications. Before going into the nitty-gritty of tax consequences associated with a person’s residence status, one must understand definitions with respect to Resident, Ordinary Resident and Domicile.

As far as education is concerned, UK is considered the most prestigious and fruitful option. The theory fits well for having ACCA from United Kingdom. Given the increasing popularity of ACCA, universities and colleges at England have opened their gates for the International Students. Not surprisingly, students from Pakistan are high in number.

Well, the logic behind topic and taxations consequences may not be easier for students to comprehend. Here, I have tried to produce etymology of Personal Service Close companies in summarized and comprehensive way that is easy to understand for students preparing for Taxation paper.

The role and importance of internal audit in development and monitoring of internal controls designed to mitigate business risk in no way can be denied. Internal Audit has gained popularity over the years and it is not only used by Listed companies as traditionally was done in past. It has also brought benefits of cost [...]

Many of the students who are doing ACCA may not be fortunate enough to have bachelor’s degree. But those are not so really unfortunate, as one of the well recognized universities of UK i.e. Oxford Brookes is offering its unique degree in Applied Accountancy to ACCA students. Here are some guidelines and steps that you [...]

Microsoft Excel is the most widely used spreadsheet program in the world and every professional who has to deal in numbers should be able to operate Excel. While Excel is very advanced, Microsoft has made it very easy for beginners to get started. Yesterday I was working with an Excel workbook where I had to [...]

Microsoft Excel creates and opens three work sheets by default when you open an Excel workbook. For some people these three sheets are enough while others are used to working with a lot of sheets within Excel workbook. I like to work with only one work sheet per workbook. So I only want to open [...]

In Microsoft excel 2010 name of default worksheet are Shee1, Sheet2, Sheet3, which is not appropriate to present and also its difficult to remember what that particular sheet contains, so Microsoft excel 2010 gives you option to rename the sheet as you want, but you should know that name cannot exceed 31 characters, as it’s [...]

There may be certain instances when you have some sensitive information in your workbook and you want only appropriate or authorize person should see them, it means you need password to keep your workbook safe, this is how it can be done.

As I told in my previous articles that by default Microsoft Excel 2010 has three worksheets, some time we need more sheet, and some time these sheet are more than our need so we should know how to insert new sheet and how to delete the sheet as well.

When you are working on multiple Microsoft excel 2010 workbook, it difficult to switch between workbooks, rather it’s more appropriate to say it’s difficult to compare, or read both workbooks because you need to switch between them. Microsoft excel 2010 gives the option to view both workbooks together without switching between them, view the diagram [...]

There are many reasons when you want to copy or move or copy your Microsoft excel 2010 worksheet within or to another workbook. This is how it can be done.

In Microsoft excel 2010 different worksheet can be represent with different colors, as I color my worksheet on the base of type of data they contains, so you can color your worksheet in Microsoft excel 2010 according to your criteria.

As I explained in previous article switching between Microsoft excel 2010 workbook you also need to switch between work sheets, there are also two methods to switch between work sheet, first method is

When editing or reviewing on Microsoft excel 2010, it’s almost necessary that more than one Microsoft excel 2010 workbook is open on our desktop, and we need to switch between Microsoft excel 2010 workbooks. There are many ways to switch between Microsoft excel 2010 workbook