Blog Reasons You Should Outsource Your Accounting Function To run a company, there are a lot of areas you as an entrepreneur needs to focus on. It is Balance Sheet Versus Profit and Loss Financial statements are one of the most mesmeric document for most entrepreneurs without accounting background. Below is a quick review Single Entry System Versus Double Entry System A business owner might maintain its financial transaction either based on a single-entry system or double entry system of accounting. Accounting for Start-up - Part 2 After the first 5 steps in the Accounting for Start-up - Part 1, there are some other steps below that Accounting in Start-up - Part 1 Most start-ups fail in their first year. You need to have a strategic plan to succeed. You need to know The Relationship Between the Matching Principle and Accounting Period Assumption The matching principle and accounting period assumption are the assumptions of income measurement when properly measuring net business income (Also What is Double-Entry Bookkeeping? The double-entry bookkeeping is a standard system utilised by both big and small business, specifically accounting firms in Malaysia.The main Different Types of Special Journals and Subsidiary Ledgers A lot of entrepreneurs, particularly small company, assume that the general ledger can represent all individual business transactions. This is What Do You Need to Know About Ordinary and Necessary Business Expenses Many business owners are not professionals in accounting. They might have knowledge relating to accounting but might not be perfect Advantages of Outsourcing Accounting Services Nowadays, there are increasingly start up companies (Also see Accounting in Start-up - Part 1) are outsourcing their accounts. This The Difference Between Trial Balance and Balance Sheet The Trial Balance and the Balance Sheet might sound the same, but both statements are different. Here are some of 4 Benefits of Good Bookkeeping Bookkeeping is really crucial for every business setup, as it helps to measure the true failure or success of a « Previous 1 … 13 14 15 16 17 Next »
