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Practical Taxation and Accounting

Practical Taxation and Accounting

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Material by size ISA 320 recognises the need to establish a financial threshold to guide audit planning and procedures. For this reason the following benchmarks may be used as a starting point: ½ — 1% revenue 5 - 10% profit before tax 1 - 2% total assets. The above are common benchmarks but different audit firms may use different benchmarks or different thresholds for each client.
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INTRODUCTION TO NEW TEMPLATE Learning both psychology quote and Taxation or Accounting lesson on each post. Join Group: https
INTRODUCTION TO NEW TEMPLATE Learning both psychology quote and Taxation or Accounting lesson on each post. Join Group: https://www.facebook.com/groups/1152376888614157 #PracticalTaxationandAccounting
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Market interest rates of loans for 2022 (Notification No. 5367 GDT dated 14 February 2023) The General Department of Taxation
Market interest rates of loans for 2022 (Notification No. 5367 GDT dated 14 February 2023) The General Department of Taxation (GDT) has issued notification No. 5367 to determine the market interest rates of loans for 2022 based on the annual average interest rates of 11 local commercial banks. Under this Notification, the 2022 market interest rates are: 1. For borrowing in KHR = 8.78%. 2. For borrowing in USD = 8.35%. The above interest rates are for the purpose of calculating tax on fringe benefits on loans provided to staff and determining the capped interest rates of loans from related parties.
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