One of my favourite countries is Australia. I’ve got some good friends there who are lucky enough to be able to enjoy the sunshine, outdoor life and great food that is present in Australia. They are also a very sporty nation being strong in sports such as rugby, cricket and not to forget surfing! They [...]

You’re all no doubt undertaking some “last minute” revision in the run up to the P3 exam next Wednesday. Christmas is fast approaching and I always tend to leave my shopping to the “last minute”. Christmas Eve for me is normally a mad rush around the shops trying to buy presents before the shops close. [...]

Hopefully you’re taking a well deserved break after the ACCA F6 exam last Monday. That is of course unless you’ve got another exam coming up next week! However, even though you can relax a bit now when it comes to learning tax rules for the December 2009 exam, tax is in the headlines in the [...]

Was last Tuesday good or bad for you? Did you feel happy or sad when you left the exam hall after the ACCA P7 exam? I only have one bit of advice after the exam and that is to forget all about your performance in the exam as you can’t change the result at all. There’s [...]

Historical cost accounting lies at the core of accountancy.  It’s derived from the simplicity of debits and credits and is therefore where we all start in our studies and practice of our profession. The idea is simple; I pay some cash and that gives me either an expense or an asset.  With the exception of [...]

Last Thursday a small picturesque toll bridge across the River Thames about 65miles (100km) away from London was sold for more that £1m. Cars pay 5p to cross the bridge whilst lorries pay up to 50p to cross. This may not seem like a lot of money but it mounts up and gross annual revenue [...]

Graham Holt, the examiner for ACCA paper P2, has long stated that he wishes P2 to remain a “cutting edge” paper.  This means that he is fond of testing new accounting standards, especially those that are controversial.  We at ExP think that this is both appropriate and fair. We’ve been asked by a number of [...]

I just read that Royal Caribbean have recently entered the World’s largest passenger ship – the Oasis of the Seas – into service.  It is enormous, with elevators to carry passengers up and down the 18 passenger decks.  To my old fashioned tastes, it looks rather like a floating housing estate, but I think that’s [...]

My 9 year old niece is a lovely girl and has some great characteristics. One of my favourites is that she’s a determined little girl who knows exactly what she wants! Christmas is fast approaching and top of her Christmas present list this year is a “Go-Go Hamster”. For those of you outside of the [...]

In terms of examples of risk management and corporate governance, UK based banking group Royal Bank of Scotland (RBS) just gives and gives.  It’s an unfolding story that continues to grow. RBS was a big success story in the last decade, showing very fast growth and taking over bigger banks such as Nat West.  Its [...]