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What Are Accounting Concepts and Accounting Conventions? All businesses need to rely on accounting to record their business transactions and
In manufacturing companies or businesses (Also see Useful Accounting Practices for Small Businesses), their inventories will be divided into three
In accounting, when we say "bottom line", we are referring to the profit or loss (Also see What is the
Most business owners (Also see Tricks From Millionaire Business Owners) who do not know much about the documents or reports
Most business owners know that the company’s balance sheet (Also see Introduction of Balance Sheet) is one of the most
When you read the balance sheet (Also see Accounting – Preparation of Balance Sheet) of your company, you will see
For most taxpayers, hearing both “LHDN” and “audit” (Also see Introduction to Audit Strategy) can be intimidating, especially for those
In the world of business, the sales and collection cycle is the process which starts from the moment when a
When the audit firms in Johor Bahru have an engagement to audit a corporate department, the auditors should acquire audit
An audit committee of a company refers to a group of non-executive directors that the board of directors has set
Definition: An unqualified opinion is an opinion which the auditors (Also see Characteristics of an Excellent Auditor) will give to
A business could keep records of its financial transactions ( Also see Lesson for Financial Accounting ) using a single