Introduction to Pre-audit
The word “audit” refers to the process of examining the accuracy of financial records of an individual or a business.Read more.
Mark-to-market is an approach that people may use to measure the fair value (Also see Introduction to Fair Value Accounting)Read more.
Procedures in Payroll Audit
For some of the small businesses, payroll may contribute to about half of their expenses. Thus, it is reasonable forRead more.
Accounting – Rules for Debits and Credits
In an accounting journal entry, debit and credit are opposite to each other. The accountants in an accounting firm inRead more.
Understanding Asset Conversion Cycle
An asset conversion cycle refers to the process of a company using its cash in manufacturing products or providing services,Read more.
Applying the Accounting Equation in Various Businesses
Some business owners may be quite familiar with the basic accounting equation, which states that the assets that a companyRead more.
Auditing a Revenue Cycle
When an auditor from an audit firm in Johor Bahru performs an audit for the revenue cycle, as part ofRead more.
Understanding Dual Aspect Concept
Every accountant in the accounting firm in Johor Bahru has most probably heard of the dual aspect concept. This conceptRead more.
What is the Relationship between the Profit and Loss Statement and the Balance Sheet?
If you want to analyse the financial statements of your business efficiently, you need to have an in-depth understanding ofRead more.
What You Need to Know About Deferred Asset
Deferred assets (Also see Accounting – Accrual and Deferral) are the expenditures that the company has made ahead of time,Read more.
What is an External Audit?
The external auditor refers to the Certified Public Accountant (CPA) firms or individuals who work in those firms which offersRead more.