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January 2021

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Use the spreadsheet tool featured image
During an exam, making the best use of your time is extremely important. You have put in the time to learn the materials and calculations. But there is one piece of advice that ACCA and CPA examiners constantly point out. The spreadsheet tool is not being used! Maybe you are not used to working with...
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Tree of Capital
A core concept in financial accounting is the accounting equation which states that Assets = Capital + Liabilities What is capital? Diligent students will have learnt that in the financial statements of a sole trader, capital is typically comprised of: Opening Capital plus Capital Introduced during the Year, plus Net Profit for the Year (or...
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