Accounting – General Ledger Reconciliation
The general ledger refers to the main set of accounts, and it aggregates all the business transactions that a companyRead more.
Accounting – Prudence Concept
Also known as the conservatism principle, the prudence concept is a concept that most accountants, including the accountants from anRead more.
What is Dividend?
Dividend refers to the share of profit that a company distributes to its shareholders (Also see Do You Think DividendRead more.
How Do Tangible and Intangible Asset Differ from Each Other?
Assets refer to anything that has some value. They can be owned by an individual or a company with anRead more.
The Importance of Conducting Human Resource Audits
Many lawyers suggest their clients conduct human resource audit regularly as it is an effective way of keeping the companiesRead more.
Introduction to Audit Engagement
An audit engagement is the engagement of audit services, which means the process by which the customer engages an auditRead more.
Why Do Companies Repurchase Their Own Shares?
The repurchase of shares refers to a situation where a company repurchases its outstanding shares from the open market byRead more.
Are Accounting Treatments for Profit and Non-profit Organisations the Same?
A profit organisation, or a for-profit organisation, is a legal entity that runs its operation intending to generate profit forRead more.
Accounting – Accrual and Deferral
When it comes to the recognition of revenue earned and expenses incurred, the accountants from the accounting firms in JohorRead more.
What is an Unqualified Audit Report?
According to the requirement by the board of directors, the intention of the management, or by law, companies will usuallyRead more.
Do You Know What is Paid-in Capital?
Paid-in capital is the capital that the investors have contributed to a company by purchasing the stock from that companyRead more.