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Property, plant and equipment are non-current assets that business owners would use in the operation of the business for a more extended period. They fall under the category of fixed assets, and they are tangible assets which are physical in nature. This type of assets cannot be liquidated easily, and the accountants from an accounting … Read moreAccounting for Property, Plant and Equipment

How much do you understand about the ways of financing your business? We all know that we need to get enough capital (Also see An Overview of Capital Expenditure) to fund our daily business operations, and when we want to expand our company, hire more employees, or to manufacture new products, we need more funds. … Read moreAn Overview of Equity Financing

Transfer of shares or debentures can be something common in a company, and it must be properly recorded. According to Section 102 in Companies Act 2016, the company’s secretary is responsible for keeping and maintaining the register of members regularly. Also, he should make sure that all details about the transfer and issuance of shares … Read moreRegistering the Transfer of Shares or Debentures

The term “shares” may sound quite familiar to most people, but what exactly shares are? Generally, shares refer to the units of ownership interests that one has in a company or the financial assets that can provide one with the equal distribution that the company has declared in the form of a dividend. For some … Read moreUnderstanding the Issuance of Bonus Shares

Equity refers to the ownership of an asset (Also see Understanding Asset Conversion Cycle) or a business. In the case of a business, equity means that one has the ownership right in that company. Equity cannot be traded freely in the open market. Contrarily, shares are the part of the equity that can be measured … Read moreCan You Distinguish Equity and Shares?

Capital expenditure refers to the expenses (Also see How to Track the Expenses and the Benefits It Brings to Your Business) that a company has spent on the purchase of assets in a particular period of time. To calculate this, the accountants from an accounting firm in Johor Bahru will sum up the net increase … Read moreAn Overview of Capital Expenditure