Results
author = "Venter, Elmar R."
Loyalty programmes : defer revenue or provide for costs?
Author(s) :
Venter, Elmar R.
Description :
The purpose of loyalty programs is to develop a long-standing customer relationship between the supplier and the consumer and to increase sales. There are the following two opposing views on how loyalty programs should be accounted for: 1. Credits granted to customers in a customer loyalty program c...
Repository :
University of Pretoria Research Repository (UPSpace)
Language(s) :
English
Accounting for arrangements - Part 1
Description :
Based on the substance over form principle, transactions that in substance transfer the right to use an asset for an agreed period of time, in return for a series of payments, are accounted for as a lease transaction in terms of IAS 17 (AC 105), irrespective of the legal form of the arrangement. The...
Repository :
University of Pretoria Research Repository (UPSpace)
Language(s) :
English
Accounting for arrangements - Part 2
Description :
SIC 27 (AC 427) and IFRIC 4 (AC 437) question two specific assertions with regard to lease transactions made by the management of an entity in preparing its financial statements, namely existence, occurrence and completeness. SIC 27 (AC 427) poses the question whether all transactions that have been...
Repository :
University of Pretoria Research Repository (UPSpace)
Language(s) :
English
Part 2 : deferred tax 0%, 14.5% or 29%?
Description :
Recent circular issued by SAICA, Circular 1/2006, Disclosures in relation to deferred tax, recognizes that the debate surrounding paragraph 51 of IAS 12 (AC 102) has focused particularly on measuring deferred tax in relation to investment properties. The appropriate rate to be used to measure deferr...
Repository :
University of Pretoria Research Repository (UPSpace)
Language(s) :
English
Part 1 : deferred tax 0%, 14.5% or 29%?
Description :
The SAICA recently issued Circular 1/2006, Disclosures in relation to deferred tax. The purpose of this Circular is to provide guidance on additional disclosures required for deferred tax where the expected manner of recovery of the carrying amount of an asset could materially influence the deferred...
Repository :
University of Pretoria Research Repository (UPSpace)
Language(s) :
English
Subsidiaries acquired exclusively with a view to resale - a new approach
Description :
The previous version of AC 132, Consolidated Financial Statements and Accounting for Investments in Subsidiaries, contained an exemption from the consolidation of a subsidiary where control is intended to be temporary because the subsidiary is acquired and held exclusively with a view to its subsequ...
Repository :
University of Pretoria Research Repository (UPSpace)
Language(s) :
English
Applying the probability recognition criterion to recognise a deferred tax asset for unused 'secondary tax on companies' credits
Description :
According to AC 501, Accounting for 'Secondary Tax on Companies (STC)', a deferred tax asset for unused STC credits is recognised if it is probable that an entity will declare dividends against which unused STC credits can be used. This study examined the dividend declaration profile of companies re...
Repository :
University of Pretoria Research Repository (UPSpace)
Language(s) :
English
The extent of compliance with income tax presentation and disclosure requirement in the financial statements of companies in South Africa
Description :
Over the last few years a number of changes have been noted in the South African accounting profession. An improvements project was undertaken by the International Accounting Standards Board that changed a number of International Financial Reporting Standards (IFRS). These changes to international s...
Repository :
University of Pretoria Research Repository (UPSpace)
Language(s) :
English
Applying the probability recognition criterion to recognise a deferred tax asset for unused 'secondary tax on companies' credits
Description :
According to AC 501, Accounting for 'Secondary Tax on Companies (STC)', a deferred tax asset for unused STC credits is recognised if it is probable that an entity will declare dividends against which unused STC credits can be used. This study examined the dividend declaration profile of companies re...
Repository :
University of Pretoria Research Repository (UPSpace)
Language(s) :
English
Recognising an STC liability versus recognising a deferred tax asset for unused STC credits according to the IASB framework : a comparison
Description :
South African companies have, in the past, not recognised an asset for unused Secondary Tax on Companies ("STC") credits. AC 501, Accounting for "Secondary Tax on Companies (STC)", which is effective for annual periods beginning on or after 1 January 2004, now requires South African companies to rec...
Repository :
University of Pretoria Research Repository (UPSpace)
Language(s) :
English