The recent collapse of Carillion Plc in the UK provides a timely case study for CAP2 SFMA students on the topic of a company in difficulty. Carillion was the UK’s second largest construction contract with a host of public and private construction and facilities management contracts. “How did you go bankrupt?” Bill asked. “Two ways,” […]
Following on from a previous post on IAASA’s publication of their observations on topical financial reporting issues in 2017, IAASA have also just recently published the results of a desktop survey focusing on how Irish Plcs apply IAS 36. This is a great practical insight into the important issue of impairment testing in companies. Given the […]
It is not often that the worlds of deferred tax accounting, politics, and mainstream media intersect but the build up to the recent IPO of AIB was one such time. To say deferred tax is one of the most hated standards for students is an understatement, but the AIB IPO provides an interesting (ok, perhaps a stretch) […]
Although not technically a read, I was kindly sent a link to an interesting video of a short interview with Domhnal Slattery – CEO of the aircraft leasing company Avolon. (Thanks to Shane Gorman for the link) The aircraft leasing industry is a huge industry globally and a large part of it takes place out of […]
The Irish Auditing and Accounting Supervisory Authority (IAASA) has an important role in the accounting and auditing landscape in Ireland. The authority has a broad remit including being responsible for the examination and enforcement of Plc companies’ financial reporting, supervision of the regulatory functions of the professional accountancy bodies, and the inspection auditing of Public Interest Entities (‘PIEs’) (e.g. […]
September marks the beginning of the academic cycle once more and with it starts the process of new timetables, book collections and lectures! Whether you are a new CAI student or returning for another year, it is important to get a good start to the academic year. There have been many examples of students who […]