Blog What Are Accounting Concepts and Accounting Conventions? What Are Accounting Concepts and Accounting Conventions? All businesses need to rely on accounting to record their business transactions and Work in Process Accounting In manufacturing companies or businesses (Also see Useful Accounting Practices for Small Businesses), their inventories will be divided into three What is Meant by “Bottom Line”? In accounting, when we say "bottom line", we are referring to the profit or loss (Also see What is the How Do Balance Sheet & Trial Balance Differ from Each Other? Most business owners (Also see Tricks From Millionaire Business Owners) who do not know much about the documents or reports Bookkeeping - Reading a Balance Sheet Most business owners know that the company’s balance sheet (Also see Introduction of Balance Sheet) is one of the most Accounting - Understanding Non-current Liabilities When you read the balance sheet (Also see Accounting – Preparation of Balance Sheet) of your company, you will see Audit - What Should You Expect in Tax Audits? For most taxpayers, hearing both “LHDN” and “audit” (Also see Introduction to Audit Strategy) can be intimidating, especially for those Audit - Auditing the Sales and Collection Cycle In the world of business, the sales and collection cycle is the process which starts from the moment when a Guidelines on Auditing a Corporate Department When the audit firms in Johor Bahru have an engagement to audit a corporate department, the auditors should acquire audit Audit Committee – Its Definition, Responsibilities and Requirements An audit committee of a company refers to a group of non-executive directors that the board of directors has set Audit - Introduction to Unqualified Opinion Definition: An unqualified opinion is an opinion which the auditors (Also see Characteristics of an Excellent Auditor) will give to The Differences Between the Single Entry System and Double Entry System A business could keep records of its financial transactions ( Also see Lesson for Financial Accounting ) using a single « Previous 1 … 3 4 5 6 7 … 15 Next »