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Differences Between Tax Avoidance and Tax Evasion
Tax avoidance and tax evasion are terms used in the context of managing taxes, but they differ significantly in terms
Challenges and Issues in Non-profit Accounting
Introduction to non-profit accounting Non-profit accounting is a specialized field that deals with financial management and reporting of non-profit organizations.
What are the differences between Net Sales and Net Income?
The aim of every business is to generate sales since it is the main source of earnings. Consequently, the net
Equity and Debt Financing
Equity financing and debt financing are two common methods used by companies to raise capital. If accounting isn't your forte,
Understanding the Differences Between Sales Tax and Income Tax
Sales tax and income tax are distinctly separate methods of taxation, each possessing its own set of unique characteristics and
An Overview of Annual Returns
Do you know that all the companies should submit an annual return to the Registrar for every calendar year? If
An Overview of Debt Financing
What would you do if your business is running short of funds for its daily operations? At this stage, you
An Overview of Objectivity Principle
In accounting, the objectivity principle is a concept where the company should generate its financial statements according to solid evidence.
Changing from Memorandum & Articles of Association (M&A) to Constitution
If you are new to the world of business, you might have felt confused between the Memorandum & Articles of
Alterations and Amendments on the Constitution
Business owners (Also see How to Rectify Common Accounting Errors that Owners Make) often neglect the role of the constitution
Register of Members for Companies in Malaysia: Requirements and Importance
In Malaysia, all the companies should keep a register of members. There is a lot of information that they should
The Register of Members
The register of members is a document that the secretary should keep and maintain regularly. The secretary is responsible for