Lynn Birchall's Recent Activity

  1. Lynn Birchall replied to the thread 2011 April.

    I think C might be ruled out as it suggests the members' personal assets are at stake (which is no correct).

    Aug 19, 2019 at 4:41 PM
  2. Lynn Birchall replied to the thread 2010 Sept no 5.

    Hi I'd go for B - it's the going concern concept that justifies this treatment as the assets concerned are then unlikely to be sold in...

    Aug 19, 2019 at 4:38 PM
  3. Lynn Birchall replied to the thread April 2010 No 8.

    We need to cancel out any sales within the group. So, for example of S's sales only include 1.0m - 0.2m. Do this for all the companies...

    Aug 19, 2019 at 3:28 PM
  4. Lynn Birchall replied to the thread September 2007 - MCQ Q4.

    Yes I'd agree with you that the tax advantage is from the shareholders point of view. Presumably the logic is then along the lines that...

    Aug 19, 2019 at 3:25 PM
  5. Lynn Birchall replied to the thread 2014 April.

    It's A because neither of these means of returning cash to shareholders affects a company's taxable profits.

    Aug 19, 2019 at 3:19 PM
  6. Lynn Birchall replied to the thread 2015 April.

    Hi Q4 : Treasury bills are short-dated securities used by governments. They are issued at a discount and redeemed at par. In this...

    Aug 16, 2019 at 10:15 AM
  7. Lynn Birchall replied to the thread September 2006 Q17.

    Hi Good question - these are pretty subtle points. It's perhaps worth me mentioning in passing that it's possible to score well on...

    Aug 15, 2019 at 8:12 AM
  8. Lynn Birchall replied to the thread income appeared.

    Hi It is part of the cancelling out of double-counting and relationships within a group when consolidating :-) In particular, the...

    Aug 13, 2019