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Double Exit

Lease Accounting – IFRS 16 & Tesco

The landscape for lease accounting has taken a significant change since 1st January 2019 with IFRS 16 now replacing IAS 17 in accounting for leases.  This new standard has been over 10 years in development since the first discussion paper was released by IASB back in 2009. It represents a fundamental change to accounting for […]

Approaching the Mocks – CAP1/2

With 2019 well underway, attention is now turning to the various interim assessments (IAs) over the next couple of months. Although not all subjects at CAP1 and CAP2 have IAs, there is a growing number of assessments to deal with along with a busy period in work for most. However, it is also important that […]

Debt Finance & Loan Covenants

For any company borrowing money, the issues of the amount to be borrowed, the interest rate charged, and the term of the loan are typically the first things to be focused on when negotiating a lending agreement. However, another key aspect of any such agreement between a lender and a company will be the covenants […]

Real World Reads – Capital Structure Decisions

Funding a business with an appropriate capital structure is a crucial part of any company’s financial management. Funding requirements for a business can vary from day to day operations to capital expenditure and new business acquisitions. The variety of sources of finance with respect to term (e.g. short, medium, and long) and type of finance (e.g. […]