Blog Ways to Conduct an Accounts Payable Audit In an internal audit (Also see Types of Audit - Eligibility Audits), the accounts payable audit can be the only An Overview of Reversing Entries In an accounting period, the accountants may create some reversing entries. These are the journal entries that will reverse certain What is Allowance for Doubtful Accounts? Usually, allowance for doubtful accounts will pair with accounts receivable, and it will offset the latter. The allowance is the What are the Current Audit Files and Permanent Audit Files? For audit firms in Johor Bahru, the quality management of the firm may include their efficiency of filing audit documents. Understanding Cost of Goods Sold Cost of goods sold (COGS) refers to the total amount of cost that a company has spent in creating a Introduction to Journal Entries In accounting cycles, journal entries are the first thing you need to do (Also see How do Accountants Record Transactions?). Introduction to Audit Basically, audit refers to a test on financial reports or other reports by an independent individual or organisation where they What is an Internal Audit? Internal Audit As a business owner, unless your company is dormant, zero-revenue or threshold qualified, you need to engage an Vital Bookkeeping Tips for New Businesses As you own an incorporated company in Johor Bahru, you have to ensure that your accounting books are always Introduction to Tangible and Intangible Asset Tangible Assets A tangible asset is a solid property that you can feel by touch. People often use this term Steps of a Financial Statement Audit An audited financial statement is the disclosure and assessment on the financial statements of a company by independent auditors. They Guide to Operating Assets Operating assets are the assets you need to use in the ongoing process of running your firm. In other words, « Previous 1 2 3 4 5 … 9 Next »