Study Corner

Personal development and personal branding are two sides of the same coin: the internal growth and the external expression of who you are. Personal development is the continuous internal work—improving your skills, mindset, and habits to build true substance and expertise from the inside out. Personal branding is how you strategically package and showcase that substance to the world, managing your reputation and clearly communicating your unique...

IFRS 18 (Presentation and Disclosure in Financial Statements) is a major new accounting standard issued by the IASB that replaces IAS 1. It takes effect for annual periods beginning on or after January 1, 2027.

In this session, we covered the fundamental concepts relating to Business Income under the Inland Revenue Act and provided participants with a practical understanding of how business profits are identified and taxed. The session included discussions on calculating tax liabilities, distinguishing taxable and exempt amounts, understanding final withholding payments, and interpreting key provisions of the Act relevant to business operations.