home  news  study zone  career advice  pq awards  free mag  advertise  contact  nq mag
PQ magazine is for part qualified accountants.

Read the latest web issue here – if you like what you see sign up today

Study Zone


Words + numbers = pass

Alex Wakeham has some advice for business strategy studiers who tend to struggle with the numbers

IFRS: classifying financial intruments

Why is the IASB consulting on the accounting for financial instruments with characteristics of equity?

No more Carillion scandals?

Is it time for fundamental changes in the audit maket? Both Labour and BDO think so, reports Graham Hambly

Tax: no safe havens

PQ magazine editor Graham Hambly reports on how the UK is reforming offshore tax evasion

Why you can’t ignore the money laundering regs

Tim Pinkney explains why AML is a subject that you really need to know about

FRC ups the ante

The Financial Reporting Council has announced big plans to enhance its monitoring of the six largest audit firms.

Why reports matter

Mark Clatworthy poses the question: who actually uses financial reports?

Preparing for the SCS

Ian Chafer explains how you can best gear up for the CIPFA Strategic Case Study (SCS)

Why you can’t ignore the money laundering regs

Tim Pinkney explains why AML is a subject that you really need to know about

Carillion fallout: FRC ‘under threat’

The future of the Financial Reporting Council has been thrown into doubt after the government promised an independent inquiry into its whole operation.

PSCs: a question of control

What is a PSC and how does it work? Here’s what Companies House has to say...

Technology is driving change

Joana Sales explains how the institute is embracing digital to improve the learning experience for its trainees

Your body wants you!

CSN President Chris Roberts explains why you should get involved in the student network

Blockchain and the future of accountancy

With bitcoin seemingly always in the news there’s much interest around the blockchain concept. David Lyford-Smith explains what it is and how it works

Keeping it real

Philip Dunn explains the importance of financial statements and who they are of most use to

CIPFA certificate level: a substantive difference

Alan Wan explains the difference between tests of control and substantive procedures, relevant to Audit and Assurance questions

Still room for improvement in corporate reporting, says FRC

Regulator expects more detail and less ambiguity, according to report

Making Tax Digital: VAT

Despite delays to various staging post dates, the government’s digital agenda juggernaut is rolling on…

The only way is ethics

CIPFA’s Statements of Professional Practice will help public sector accountants get it right

Your guide to the revised CTA exam

The CTA qualification is getting a major overhaul – and it is looking good

CIPFA’s ace exam results

CIPFA’s June results are out and they all look great – except for the Public Service Financial Reporting (PSFR) paper.

Contract management: how to spend wisely

Mohamed Hans explains how an organisation can achieve value for money through effective contract management

How to give great financial presentations

Peter Simons has some advice on an activity that scares many of you witless – giving a presentation to your firm’s top brass

Time to end ‘illogical’ intangible asset rules

The disclosure of intangible assets remains disappointingly low, with $35trn (or almost three-quarters) of global intangible value not reflected in 2016 balance sheets, says Brand Finance.

Dealing with a corporate trading loss

Victoria Cavell explains how companies can use trading losses to their advantage

Are you ready for GDPR?

Brian Palmer explains significant changes to the data protection laws that will come into effect in 2018 and will impact on your firm

CIPFA conference update

Tony Era, Financial Audit Team Leader at Wales Audit Office and CIPFA member reports on this year’s CIPFA Student Conference

Drones are coming to an audit near you

Wave goodbye to your calculator, the accountant’s new best friend could be their pet drone!

New virtual learning environment is here

CIPFA’s Education and Training Centre, CETC, is taking its study support to another level with the launch of CIPFA Learning this month.

IASB’s IAS 12 clarification

The International Accounting Standards Board has issued IFRIC 23 Uncertainty over Income Tax Treatments, to specify how to reflect uncertainty in accounting for incomes taxes. The board explained that it may be unclear how tax law applies to a particular transaction or circumstance, or whether a taxation authority will accept a company’s tax treatment.

Standard overhaul 20 years in the making

The International Accounting Standards Board has now issued its overhauled IFRS 17 Insurance Contracts.

Can cheats prosper?

Accountancy bodies have no plans to beef up their exam invigilation following reports of a surge in hi-tech cheating at universities.

Don’t go to pieces over leases

Claire Oglesby explains all you need to know about leases in the form of some top tips

Public servant with a love for numbers

Meet CIPFA student Tim Mpofu, who was recently named our PQ of the Year

Colour me VAT

HMRC sets out the VAT treatment for colouring and dot-to-dot books – is it simply child’s play?

Check in at Boots for a VAT refund

Who should pocket airport VAT refunds? Graham Hambly asks the question

All spent out…?

With the public sector under increasing financial pressure, CIPFA has a some suggestions that just might help

National insurance and the level playing field

John Colville outlines how NI works and why some consider it controversial

FRC wants the right to sanction all directors

The UK’s biggest public companies have been put on notice – the Financial Reporting Council (FRC) wants to be able to take disciplinary action against all individuals for breaching financial reporting rules.

ACCA CBEs: Be a session player

Judith Bennett explores the practical ways that you can tackle ACCA’s F5–F9 exams

New exam online format for CIPFAs

Karl Ballard explains how you should tackle CBEs to ensure you get that pass

Getting our share of those EU assets

CIPFA is backing the UK government’s ‘interest’ in claiming a share of EU assets when Article 50 is triggered.

How to stay secure

Rachael Tiffen explains how an organisation can minimise the risk of being a victim of fraud

CIPFA irons out its CBE teething problems

CIPFA has apologised to students who experienced difficulties with the institute’s online exam system

IFRS: a model answer

Martin Jones sets a question on equity and debt – and provides a specimen answer

New gateway to the CGMA

CIMA and CIPFA have agreed a new ‘CPFA to CGMA Top Up through the CIMA Gateway’.

Time for gender equality

Gillian Fawcett explains why CIPFA is setting up a Women in Public Finance Network to explore gender equality in public services

Are the NHS' foundations flawed?

Can the NHS’s transformations plans work? Some FDs have serious doubts

Exam preparation: 24 hours to go

Stuart Pedley-Smith outlines what you should be doing with your time on the final day before that big exam

A quick look at… Treatment of payments for corportion tax purposes

A company may make different payments, but are you clear as to how each is treated for corporation tax purposes?


preload preload preload preload
Subscribe to RSS