Dive deep into the dazzlingly deliberate misadventures of sham transactions, where intentions and appearances decide to prank everyone including tax authorities.
Explore the intriguing (and slightly dubious) world of channel stuffing in accounting. Learn how companies boost sales figures and the potential pitfalls of this practice. It's a rollercoaster ride through creative accounting with a humorous twist.
A comprehensive and fun guide to Capital Allowances aimed at helping UK businesses, sole traders, partnerships, or limited companies get smart with their taxes.
Discover the world of income smoothing, where companies aim to eliminate large profit fluctuations and present a smooth trend over the years. Learn why this practice is believed to build investor confidence and what it means for financial statements.
Explore the deceptive world of 'Cooking the Books,' a term that spills the beans on manipulating financial records to paint a phony picture of fiscal fitness.
Explore the twisty tale of round tripping in the business world. From sneaky asset swaps to humorous financial acrobatics, we'll dive into this outrageous accounting practice and dissect its implications.
Ever wondered how taxes magically spread across various income streams? Let's peel back the curtain and explore the world of tax allocation.
Delve into the world of lowballing, and discover why auditors tighten their belts on fees, hoping for lucrative non-audit work. Beyond legal jargon, we make learning about ethics in auditing entertaining and digestible.
Dive into the captivating world of Quality of Earnings and learn how to ensure that the reported profit truly reflects the company's real performance. Discover the essentials, the red flags, and why 'creative accounting' might not be as artistic as it sounds!
Learn all about the intricacies of gearing adjustment in current-cost accounting, and how this adjustment helps reduce the financial burden on owners. It's all about balancing the books with a touch of flair!
Discover the fascinating tale of Repo 105 – the accounting sleight of hand that fooled Wall Street and toppled a giant. Ready for a financial magic show? Let's call in the accountants!
An entertaining deep dive into the concept of Preceding-Year Basis in accounting and how it was replaced in the UK. Join us as we unravel a time when accountants had an affinity for time travel — financially speaking!
