IAS 1 – Presentation of Financial Statements is a fundamental standard within the International Financial Reporting Standards (IFRS) framework. As a practicing accountant, it is expected that you have a thorough understanding of this standard, as it plays a crucial role in financial management and reporting.

Managing a business in today’s dynamic environment is no easy feat. Apart from the intrinsic granularity in functions and management, entrepreneurs must navigate a myriad of regulatory requirements and the day-to-day operations that can be demanding. Furthermore, the ever-shifting landscape of regulations (including tax and reporting) also calls for constant adaptation. What entity qualifies as

In 2024, a catastrophic landslide at the Kiteezi landfill in Uganda served as a grim reminder of the escalating consequences of environmental neglect. The disaster buried homes, claimed lives, and exposed the urgent need for better waste management practices.