News: Accounting

Technical Advisory: Employee Benefits, Provisions, and Accruals – IAS 19 & IAS 37 vs. Section 15 of the Income Tax Act [Chapter 23:06] Overview The intersection of accrual-basis accounting under International Financial Reporting Standards (IFRS) and the statutory...

Technical Advisory: Fair Value Adjustments (IAS 40 & IFRS 9) vs. Taxable Gross Income This document outlines the accounting treatment of fair value adjustments under International Financial Reporting Standards (IFRS) and contrasts it with the tax treatment under...

Provision for Bad Debts: The Definitive Guide to IFRS 9 and Section 15(2)(g) of the Zimbabwean Income Tax Act [Chapter 23:06] Overview For large enterprises, financial institutions, and corporate groups operating in Zimbabwe, the valuation of accounts receivable and...

Fixed Assets and Depreciation: A Masterclass in IAS 16 and Capital Allowances Under Zimbabwean Tax Law Overview. For finance directors, corporate accountants, and tax consultants operating within Zimbabwe's economic landscape, the treatment of Property, Plant, and...

The Lease Accounting and Tax Matrix: A Comprehensive Guide to IFRS 16 and Section 15 of the Zimbabwean Income Tax Act [Chapter 23:06] Executive Summary For large corporate enterprises and multi-national corporations (MNCs) operating in Zimbabwe, the treatment of...