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Category: CA/ACCA

Incoterms: Definition, Explanation and Complete List of All Incoterms

Posted on June 16, 2022June 10, 2025 by VATCONS BD

What are Incoterms? Incoterms is an abbreviation of the phrase “International Commercial Terms.” It is a term trademarked by the International Chamber of Commerce. Their purpose is to aid communication and reduce confusion when dealing with international and global trade. An Incoterm is something that describes and defines a transaction between two parties, usually the party…

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IAS 16 Property, Plant and Equipment

Posted on May 12, 2022June 10, 2025 by VATCONS BD

Standard IAS 16 prescribes the accounting treatment for property, plant and equipment. Related Standard IFRS 5 Non-current Assets Held for Sale IFRS 16 leases IAS 40 Investment Property IAS 36 Impairment of Assets IAS 23 Borrowing Costs. Definition: Property, plant and equipment are #tangible items that are #held_for_use in the production or supply of goods…

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About me

Md Abdur Razzaq MBA, ACCA, ITP Digital VAT Coach and Corporate Trainer. Founder of VATCONS BD. I am working as a Country Manager of an accountancy firm located in United Kingdom (UK). My Passion is to build a network of 10,000 TOP rated professionals in Digital VAT Career and maximize the number of opportuanity and credits of everyones.

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VATCONS BD

Trade license: TRAD/DNCC/1301777/2022

Adress: 35/2, 06, Shekhertek, Adabar, Mohammadpur, Dhaka-1207

  • Terms and Condition
  • Return and Refund Policy
  • Privacy Policy
  • About us
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