NARROW THE GAAP
Read between the
line items.
Standards keep widening, and so does the gap between reading them and getting the numbers right. Reading between the line items is how you narrow it: build the knowledge with study material and courses, then put it to work with reporting tools, audit tools and templates.
Chart of accounts. Pick your line item.
1100
Learning Tools
01 / 02
Learn by doing. Interactive tools that show where every number comes from.
ACCOUNTING CYCLE TUTOR
The Paper Trail
Type transactions in plain English and follow every figure from the journal to the financial statements.
BANK RECONCILIATION TRAINER
Clear Funds
Match the cash book to the bank statement, explain every difference and arrive at the corrected balance.
DEFERRED TAX TRAINER
Timing Is Everything
Find the tax base, spot the temporary differences and follow deferred tax through to the tax charge.
2000
Reporting Tools
01 / 03
Built straight from the standards. Practical tools for transition and presentation.
IFRS 18 · PRESENTATION
IFRS 18 Transition Tool
Map income and expenses into the five IFRS 18 categories, then reconcile the bridge and the MPMs.
IFRS 16 · LEASES
IFRS 16 Lease Calculator
Measure the lease liability and right-of-use asset, then remeasure for options, modifications and impairment.
IAS 33 · EARNINGS PER SHARE
IAS 33 EPS Calculator
Work out basic and diluted EPS: weighted shares, bonus and rights issues, dilution ranking and restated comparatives.
2100
Reporting Templates
01 / 04
From standards to spreadsheets. Excel templates with instructions and a worked example.
IAS 8 · PRIOR-PERIOD ERRORS
Prior-Period Restatement
€50
IAS 1 · GOING CONCERN
Going Concern Forecast
€50
IAS 20 · GOVERNMENT GRANTS
Government Grants
€50
IAS 23 · BORROWING COSTS
Borrowing Costs Template
€50
3000
Audit Tools
01 / 03
Built straight from the ISAs. Practical tools for planning, testing and concluding.
ISA 210 · ISA 220
Client Acceptance
Assess client integrity, resources and independence before accepting or continuing.
ISA 320 · ISA 450
Materiality Calculator
Set materiality, performance materiality and the clearly trivial threshold.
ISA 315 · RISK ASSESSMENT
Audit Risk Matrix
Identify risks at the assertion level and tie each one to a response.
Suspense account
The IFRS facts that make accountants look twice.
No. 01 of 06
A calf growing up is income.
Living animals are measured at fair value less costs to sell, and every change in value goes straight to profit or loss. As the herd grows, so does profit.
4000
Unaddressed!
01 / 03
Where the Standard ends! ¹
1 Close readings of the questions IFRS leaves open.
Accounting for fractional aircraft ownership
Read the analysis →
Upfront non-refundable fees: material rights and the revenue recognition period
Read the analysis →
Perpetual leases of land
Read the analysis →
C/F
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