The Importance of Accounts Payable Process
The importance of the accounts payable procedure or function should not be underestimated because…
Accounting
How to Increase Working Capital
Working capital allows a business to continue its everyday operations. Inadequate working capital…
Accounting Tips for Restaurant Operators
As a restaurant operator, you play a crucial role in keeping track of the revenue sources and probably…
The Accounting Equation (Assets, Liabilities & Equity)
A company financial position is affected by every single business transaction. The assets, liabilities…
What You Need to Know About Record Keeping
The law necessitates all business to keep accounts and records accurately. You will need them to corroborate…
Four Different Services Provided by Accounting Firms
Accounting services are based on Singapore accounting requirements so you do not need to concern…
Accounting – Revaluation of Fixed Assets
Property, Plant and Equipment allows business the to measure the value of fixed assets in two ways…
New IFRS 16 Leases now comes into play in Singapore
The new Standard requires the lessee to categorise the leases no more (previously used to categorised…
Accounting – Impairment versus Depreciation of Fixed Assets
Impairment of an asset is when the fair value goes down below its value while depreciation is the decrease…
Outsourcing Accounting and Payroll Functions
As soon as the job is offered to the outsourced accounting service providers, you can kiss goodbye…