Blog How to Calculate the Carrying Value of Assets? The carrying value refers to the reported cost of the assets that a company owns. This means that the carrying Do You Think Dividend is an Expense? Dividend refers to the portion of profits the company has generated which is distributed to the company’s shareholders. Most people Why Do We Need to Generate Financial Statements? One of the crucial facts that you should know before you start running a business is that you need to Counting and Auditing the Warehouse Inventory Typically, the small and private businesses will appoint in-house auditors or engage an audit firm in Johor Bahru to perform Can You Differentiate Net Income and Net Sales? All the for-profit organisations have the same objective, that is to generate profit. To earn a profit, the company needs The Differences Between Calendar Year and Fiscal Year In the world of business, there are two types of years, which are the calendar year and the fiscal year. First in, First out (FIFO) and Last in, First out (LIFO) Managing the inventories of a company is never an easy task for companies which are entirely stock oriented. Business owners What Should Auditors Do When They Receive Electronic Audit Evidence? Nowadays, you can hardly find a company with cancelled paper cheques and handwritten ledgers. The auditors in audit firms in What Do Market Value and Book Value Mean? An asset’s market value shows its actual market price, where people would trade it at that price at the marketplace. An Overview of Bank Reconciliation The bank reconciliation refers to the process of matching up the information on a company’s bank statement with the corresponding What is Goodwill Amortisation? Goodwill amortisation is the systematic and gradual reduction of the value of a company’s goodwill asset. A company may calculate Procedures of Field Audit for Inventory Audits In an inventory audit, a visual inspection can be crucial for all companies regardless of the field of their business. 1 2 3 … 9 Next »
