The Purpose of Reconciling Bank Statement
As a business owner, you need to conduct a bank reconciliation to compare the bank’s records…
Understanding Cash Collection Cycle
The cash collection cycle refers to the number of days the company needs in collecting its…
Financial Statements That Financial Accounting Generates
Financial accounting will produce some financial statements which are general-purpose and can be…
Principles of Auditing
When the audit firms in Johor Bahru perform an audit, they need to follow some principles. By…
Mistakes That You Should Avoid When You Start Running a Business
When you first started running a business, you may have numerous doubts in your mind. You…
You can always find a current asset as an item on the balance sheet of an entity. A current asset…
Tips for Company Incorporation
Starting a business on one’s own always sounds interesting and exciting. You may have numerous…
Tips for Company Incorporation
An asset is an item that you expect to acquire a benefit from in the future. If you predict that you…
Reasons of the Failure of Your Business Website
Nowadays, your company must possess its website if you want it to be competitive in the world…
What Should You Do Before You Start Your Own Business?
The decision of establishing a firm in Johor Bahru can be pretty overwhelming. As you shift from…
Introduction to Asset Accounts
One can subdivide assets into many accounts based on their predicted holding periods and their…
Basic Accounting Concept - The Matching Principle
The matching concept is one of the most crucial concepts of accrual basis accounting. It demands…

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