August 18, 2017

Archives for July 2017

Buy or Rent? It is not all about the capital gains

A home functions both as a shelter and an investment. Capital gains are commonly perceived by households as the main source of value when buying as opposed to renting, but I would like to shed some light on other intrinsic value drivers. The appreciation in house prices can be considered as an external source of […]

Can Uganda teach the UK how to balance the budget?

When a government’s total outgoings (G) are more than their tax receipts (T), the result is a budget deficit where G > T. A government needs to borrow money to finance the debt, and interest payments can become so large that they cripple the economy. There are two main schools of thought for eliminating the […]

Is there now an overwhelming case for cash accounting?

Cash accounting would make accounts simpler to understand. Companies could only account for revenue when they receive the cash and expenses only once they have paid for them. At a stroke, gone from a set of accounts would be subjective items such as depreciation, amortisation, difficult-to-comprehend revenue recognition, accruals, provisions and so on. With recent […]

What does GDPR mean for you?

If you do business in Europe or have business dealings with any European organisation, then by now GDPR (General Data Protection Regulation) should be on your radar. Next year, specifically on 25 May, a new European directive comes into force which will change the face of data protection forever and therefore the way that data […]