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Accounting – What are Correcting Entries?
Correcting entry should be made by someone who understands accounting well, or you can engage an…
The Difference between Financial Accounting and Managerial Accounting
Financial reporting must comply with all financial reporting standards. Note that this applies to all businesses…
Accounting Journal Entries
Journal entries are the initial step in the accounting cycles. They are records of business transactions…
Non-profit Accounting - Statement of Financial Position
It is important to prepare the statement of financial position for the organization, probably by leveraging on…
The Accounting Cycle
Understanding the accounting cycle is the key to ensure the effectiveness of accounting activities or you…
Basic Accounting Principles and Guidelines
There are general concepts that governs the field of accounting in Singapore. You must ensure the…
Accounting for Manufacturing Businesses
Accounting for a manufacturing firm deals with cost of goods sold and valuating the inventory. In other…
Cost accounting basics
“Nah, cost accounting is not my thing”? Engage our accounting services in Singapore today and let us crunch…
Accounting - Accounts Payable
To recognize fraudulent invoices to avoid losses caused by unnecessary payments, you can consider…
Characteristics of Accounting Information
When keeping the accounts, whether in-house or using an accounting service in Singapore, you must make…
Accounting - Importance and Preparation of Adjusting Entries
Remember to process or if you have engaged an accounting service in Singapore, your accountant will…
Accounting - Methods of Estimating Inventory
Conduct inventory count to value the inventory using the two methods allowed under FRS 2 Inventories…

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