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CONTINUOUS LEARNING: A KEY TO CAREER DEVELOPMENT

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  The job market is evolving at an unprecedented pace. Automation, artificial intelligence, and digital transformation are reshaping industries, making traditional skills obsolete while increasing demand for new expertise. Employers today value more than just degrees; they prioritize adaptability, problem-solving skills, and a willingness to learn. Whether you aim to rise within your current job, transition to a new field, or launch your own business, committing to learning is key to achieving lasting success. By investing in up skill development , professionals can confidently navigate these shifts and remain competitive in their industry. Benefits of Continuous Learning: With rising competition across industries, s taying Competitive in the Job Market is necessary. Employers today are on the search for team members who can adapt to new technologies and demanding working trends. Continuous knowledge enhancement includes mastering new software, acquiring language skills, or develo...
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IAS 38 Made Simple: Recognition of Intangible Assets for ACCA DipIFR Students

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  Background In previous blog we had seen what property, plant and equipment (PPE) is and its recognition and initial measurement principles under International Financial Reporting Standards (IFRS) as per IAS 16 – PPE. In this blog we will understand accounting for an equally important resource or asset for a business, however, which does not have physical substance, called as intangible asset. Intangible assets cannot be seen or touched because they lack physical substance for e.g. brands, copyrights, patents, trademarks, trade names, Customer relations etc. Intangible assets are crucial for businesses in some sectors because they provide competitive advantage, innovative capabilities and long-term value, in the business.   IAS 38 – Intangible assets under IFRS framework  provides the detailed accounting for such intangible resources. It provides in depth guidance on the topics like which resources can be considered as intangible assets (IA), when entity is eligible...
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Recognition and Initial Measurement of Property, Plant and Equipment (PPE) as per IAS 16

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  T ngible fixed asset is a key resource for any business and generally represents a significant portion of the net worth captured on the balance sheet. These fixed assets help businesses to run its operating activities and thereby generating revenue. Apart from generating future economic benefits, amount of such tangible assets is also used in various vital ratios which are regularly analysed by the users of financial statements. IAS 16 -“Property, Plant, and Equipment” (PPE), is a basic and vital International Financial Reporting Standard (IFRS) that provides guidelines on the accounting of tangible fixed assets. IAS 16 provides the accounting principles for recognition, initial and subsequent measurement, presentation, derecognition and disclosure for the PPE in the financial statements. In essence, IAS 16 provides in depth guidance on the topics like when to recognise PPE in the financial statements, how to measure asset initially i.e. measurement basis (viz. cost), which expen...
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ACCA Diploma in IFRS June 2025 Exam: Fees, Dates, Study Tips & Complete Guide

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  The ACCA Diploma in IFRS (DipIFR) is a globally recognized qualification designed for finance professionals looking to enhance their understanding of International Financial Reporting Standards (IFRS). The upcoming June 2025 IFRS exam is a great opportunity for candidates to advance their careers in accounting and financial reporting. Here’s everything you need to know about the June 2025 DipIFR exam :  1. Exam Date The ACCA Diploma in IFRS examination is expected to be held on the 05 th & 06 th of June-25 . Candidates should keep an eye on the ACCA website/email for updates. 2. Registration Deadlines Candidates must register for the exam within the specified deadlines. The expected registration deadline for the June 2025 IFRS is on/before 07-April-2025. Standard Registration : Closes approximately 2 months prior the exam date How to Register? Visit the official ACCA website. Create an ACCA account or log in. Fill out the DipIFR registration f...
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