Accounting

Before establishing a new company, business owners must consider the types of business entities in Malaysia seriously. This is because they can organise a business in one of the ways and the type of business entity that they have selected will bring an impact on the owner’s and the company’s legal liability and the treatment … Read moreAn Overview of Sole Proprietorship

Typically, business owners (Also see Accounting Tips That All Business Owners Should Know) will make a significant investment in the company’s inventories. If most of the inventories are raw materials, you, as the business owner (Also see How to Track the Expenses and the Benefits It Brings to Your Business), should monitor them to ensure … Read moreControls for Inventory

Do you know how you should categorise the assets that your company owns and what are the characteristics of each type of them? When you look at the balance sheet that the accountants from an accounting firm in Johor Bahru have prepared for you, you will see that they have divided the assets into two … Read moreAn Overview of Quick Assets

Property, plant and equipment are non-current assets that business owners would use in the operation of the business for a more extended period. They fall under the category of fixed assets, and they are tangible assets which are physical in nature. This type of assets cannot be liquidated easily, and the accountants from an accounting … Read moreAccounting for Property, Plant and Equipment

How much do you understand about the ways of financing your business? We all know that we need to get enough capital (Also see An Overview of Capital Expenditure) to fund our daily business operations, and when we want to expand our company, hire more employees, or to manufacture new products, we need more funds. … Read moreAn Overview of Equity Financing

Transfer of shares or debentures can be something common in a company, and it must be properly recorded. According to Section 102 in Companies Act 2016, the company’s secretary is responsible for keeping and maintaining the register of members regularly. Also, he should make sure that all details about the transfer and issuance of shares … Read moreRegistering the Transfer of Shares or Debentures