Do you know what you should do when you want to incorporate a company? You need to follow some requirements if you have the intention of registering a company and start running a business (Also see Errors That You May Commit When Recording Business Transactions) in Malaysia. If you are unfamiliar with these, you should […]
Category: Bookkeeping
Effects of company incorporation
Company incorporation is not an easy job. If you have gone through the process, you must know that in this process, you will need to fill in all the related particulars and submit a lot of documents, and you may even need the help of a company registration service in Johor Bahru to ease the process. […]
Applying for Company Incorporation
Some people might have dreamt of running their own business (Also see How to Set Up an Excellent Business Website?), and you may be one of them too. As most people think that being a business owner means freedom and wealth, start operating a new company can be a tempting career choice. After thinking about […]
Establishment of a Limited Liability Partnership
Have you ever considered establishing a limited liability partnership (LLP) when you are choosing from the business (Also see The Impact Of Poor Business Records For A Business) entities available in Malaysia? This form of business entity has combined the traits that conventional partnerships and private companies possess. Besides providing flexible internal regulations by having […]
Do You Know That the Value of Equity Can be Negative Too?
The assets, liabilities and shareholder’s equity are three crucial elements that can present the financial position of a company. The accounting equation is an equation that links them together, which states that the total assets that a company owns are equal to the sum of its liabilities and equity. Thus, if we want to calculate […]
Analysis of Balance Sheet – Analysing the Equity of a Company
When you look at the balance sheet that the accountants from an accounting firm in Johor Bahru prepared for you, you will see three sections, which are the assets, liabilities and shareholder’s equity. When it comes to the analysis of the balance sheet, some may think that they only need to analyse the assets if […]
Analysis of Balance Sheet – Analysing the Liabilities of a Company
As one of the most important financial statements that the accountants from an accounting firm in Johor Bahru would generate for the business owners, the balance sheet provides a lot of information to the entrepreneurs as well as the company’s stakeholders. Besides analysing the assets of the company, they should also focus on the company’s […]
Analysis of Balance Sheet – Analysing the Assets of a Company
Some of the business owners may choose to outsource their accounting-related tasks to an accounting firm in Johor Bahru as they do not know how they should deal with the financial statements. However, if they want to stay on top of the financial position of their business, they need to understand what the financial statement […]
An Overview of Partnerships
If you want to start a business in Malaysia, there are a lot of forms of business entities that you can choose from. Out of the choices, you may have decided to establish your business as a partnership. Before you start registering the business and proceed to the next steps, you need to have a […]
Do You Understand the Useful Life of Assets?
When you are dealing with the accounting tasks that are related to assets, you will often come across the phrase “useful life”. It refers to the amount of time the assets are expected to be functional and are suitable for its functions. Some people would call it as economic life, effective life or service life. […]