What are Variable Costs and Fixed Costs
As a business owner, you should have heard of variable costs and fixed costs before. However, do…
What is Capital Budgeting?
Most of the companies will need to purchase fixed assets for the operations of the business…
Types of Audit – Tax Audit
A tax audit refers to the official examination of the tax return that the taxpayers declare by the tax…
Types of Audit – Financial Statement Audit
A financial statement audit is a review on the annual financial statements of an entity to allow…
Types of Audit – Compliance Audit
A compliance audit is a type of audit service that pays more attention to whether the entity…
Types of Audit Risks and Their Sources
Audit risk refers to the possibility that a material misstatement is present in the financial…
Understanding Discounted Payback Period
Some of the business owners do not know how they can determine the profitability of the project…
The Rules for the Recording of Journal Entries
When the accountants from an accounting firm in Johor Bahru are recording journal entries in the…
Changing from Unlimited Companies to Limited Companies
Unlimited companies are the companies which are incorporated on the principle of not having any…
An Overview of Breakeven Point
The breakeven point refers to the sales volume at which the company literally does not generate…
What Are Margin and Markup?
If you are a business owner who does not know accounting well, you may outsource your…
Categorisation of Costs
Every business must have incurred costs throughout its operations, and your company is no…

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