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Auditing a Revenue Cycle
When an auditor from an audit firm in Johor Bahru performs an audit for the revenue cycle, as part of
Understanding Dual Aspect Concept
Every accountant in the accounting firm in Johor Bahru has most probably heard of the dual aspect concept. This concept
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 of
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,
What is an External Audit?
The external auditor refers to the Certified Public Accountant (CPA) firms or individuals who work in those firms which offers
Characteristics of an Excellent Auditor
When the auditors from an audit firm in Johor Bahru are performing audits (Also see What is an External Audit?),
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 to
Accounting – Preparation of Balance Sheet
The balance sheet is one of the three financial statements, other than the income statement and statement of cash flows
Understanding Drawing Accounts
Typically, the businesses which are in the form of sole proprietorship or partnership will use the drawing account. It is
Procedures in a Supplier Audit
For organisations which are getting more reliant on the products and services of their suppliers or outsource more and 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 current
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 the