Hamburg, historic warehouse district

Value Added Incentives: Accounting for Share-Based Payments

By Tobias Schreiber, nbs partners

Adding value to a company is one of the most important strategic achievements from a shareholder or management perspective. An effective employee incentive programme sends employees a clear message that management understands what truly motivates them to do their best work and is willing to provide it.

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Fisherman's wharf in San Francisco

The New US GAAP Revenue Recognition Standards

By Tom Parry, Navolio & Tallman LLP

Are your clients ready for the new US revenue recognition standards? FASB Update 2015-14 – Revenue from Contracts with Customers (Topic 606) is effective for non-public entities, including not-for-profit entities, for annual reporting periods beginning after 15 December 2018. The new guidance affects any reporting organisation that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets, unless those contracts are within the scope of other standards (for example, insurance contracts or lease contracts).

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All I’ve Got are Simple Trade Receivables - Is IFRS 9 Relevant to Me?

By Allan Mundell, Nolands SA

IFRS 9 Financial Instruments became effective from 2018, addressing the accounting for all financial assets and liabilities, from simple trade receivables and payables to intercompany loans. IFRS 9 introduces, amongst other things, a new model for impairments. Whereas the previous standard, IAS 39, required the application of an incurred loss model, IFRS 9 moves us into a world of expected losses.

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Her Majesty's Revenue and Customs (HMRC) - UK government tax office in London.

Provisions and Contingencies

by David Pritchard, Mander Duffill

Determining whether a provision for either an asset or liability needs to be recognised represents a dilemma regularly faced by accountants. There is further complexity when deciding whether there is a need to disclose contingent assets or liabilities.

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Contemporary houses in Dordrecht


By Ronald Krol, EJP Accountants & Adviseurs

When reference is made to real estate within the Dutch reporting rules on property, the (intended) use should be distinguished for property for own use (Guidelines for annual reporting hereinafter referred to as: RJ 212) and investment property (RJ 213 / Guidelines for annual reporting for small legal entities, hereinafter referred to as: RJk B2).

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Cape Town

IFRS 15: Revenue from contracts with customers

By Allan Mundell, Nolands SA

IFRS 15 is effective for accounting periods that start on or after 1 January 2018. As with various other recent amendments and new standards issued by the International Accounting Standards Board, the standard provides choices of the process to follow on transition.

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 accounting and payroll clerks

How Robotic Process Automation may change the role of accounting professionals?

By Béla Kakuk, BPiON

We all know that technology has reached the level that robots can take over many repetitive tasks from humans and mimic their activities, reaching effciency and better quality levels. The accounting and payroll profession is not immune to these trends; moreover, they are some of the first sectors significantly impacted by RPA (Robotic Process Automation) methodologies.

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GGI Geneva Group
International AG

Schaffhauserstrasse 550
P.O. Box 286
8052 Zurich


T: +41 44 2561818
F: +41 44 2561811
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