What are Trade Receivables and Non-trade Receivables?
Trade receivables are the amounts that a company will bill to its clients when it provides goods or services toRead more.
Accounting – Preparation of Balance Sheet
The balance sheet is one of the three financial statements, other than the income statement and statement of cash flowsRead more.
Understanding Drawing Accounts
Typically, the businesses which are in the form of sole proprietorship or partnership will use the drawing account. It isRead more.
Procedures in a Supplier Audit
For organisations which are getting more reliant on the products and services of their suppliers or outsource more and moreRead more.
What are Other Current Assets?
As a business owner, you have various types of assets in your company. One of the vital assets is currentRead more.
Financial Accounting — Basic Principles, Conventions, and Assumptions
Financial accounting depends on a few basic concepts (Also see Common Concepts in Accounting) which possess notable effects on theRead more.
Introduction to Audit Strategy
Some people may think that conducting an audit is nothing more than checking whether the company has prepared its financialRead more.
What Are Accounts Receivables and Bad Debts?
Imagine that you are buying something from a shop, for example, books. You can visualize that you are stopping atRead more.
Common Concepts in Accounting
If you operate a company in Johor Bahru, despite the scale of your business, accounting services are crucial for youRead more.
Where Should You Record the Accruals on Your Balance Sheet?
When you are running a business, there are some occasions where you may need to accrue your revenue or expense.Read more.
How Should You Categorise the Expenses for Advertising?
Besides engaging an accounting firm in Johor Bahru to manage your accounting-related tasks, as a business owner, you should notRead more.