IFRS 15 — Revenue from Contracts with Customers (IFRS 15)IFRS 15 — Revenue from Contracts with Customers (IFRS 15), which became effective from 1 January 2018, makes significant changes to…May 12, 2020May 12, 2020
How to Manage Cash Flow with Accounts Receivables — SCG Chartered AccountantIf cash flow is moving out faster than moving in, you may run short of cash & may have to raise funds through borrowing, sale of assets…May 2, 2020May 2, 2020
Tax Implications of Changing Your Accounting Year — SCG Chartered AccountantsA company’s accounting year is the period for which it prepares its annual financial statements. It must consistently prepare its…May 1, 2020May 1, 2020
Ghana Revenue Authority(GRA) Extends Filing Date & Waive PenaltiesGhana Revenue Authority(GRA) has responded to the disruptions to business by the Coronavirus and introduced a measure to ease tax…Apr 30, 2020Apr 30, 2020
2019 has ended! Are you prepared for taxes? — SCG Chartered Accountant2019 has come to an end, are you ready for your tax obligations? Don’t be caught up by surprise! This article helps to assess your tax…Apr 29, 2020Apr 29, 2020
The Benefits of Financial Statement Audits Go Beyond the Audit ReportFinancial statement audits have benefits beyond the audit report. SME’s need the benefits a financial statement audit can offer beyond the…Apr 28, 2020Apr 28, 2020
Controls Over Cash Receipts — SCG Chartered AccountantsHow will you make sure you get all the cash you receive? Controls over cash receipts are essential to prevent errors and theft.Apr 25, 2020Apr 25, 2020
IFRS 15 — Revenue from Contracts with Customers — SCG AccountantsIFRS 15 defines revenue and sets the rules for recognizing, measuring, and disclosing revenue from contracts with a customer.Apr 24, 2020Apr 24, 2020
How Is Your Income Tax Computed? — SCG Chartered Accountants GhanaAsk a layman, “how is your income tax computed?” You may get a blank stare! Accounting and tax laws determine what goes into calculating…Apr 23, 2020Apr 23, 2020
Inventory Controls to Prevent Waste and Theft — SCG Chartered AccountantRetailers, wholesalers, and manufacturers are typical businesses that hold inventory (stock). Inventory comes with risks such as damages…Apr 22, 2020Apr 22, 2020