What is Substantive Audit Approach?
There are various approaches that the auditors from the audit firms in Johor Bahru can apply to….
The Concept of Revenue Recognition
As a business owner, do you know how you should recognise the revenues that your company…
The Differences Between a Limited Company and a Private Limited Company
Limited companies and private limited companies are forms of common business entities in…
What are Accounting Adjustments?
Accounting adjustments are the business transactions that the company has not included in its…
The Differences Between Audit and Assurance
Audit refers to the systematic assessment the auditors will perform on the company’s books of…
Understanding Payback Period
The payback period is the time business owners need to recover the cost is has spent in an…
Introduction to Accrued Expenses
Accrued expenses refer to the expenditures that a company has incurred, but it has not…
Differences Between the Accrual Basis and Cash Basis of Accounting
In accounting, the accrual basis and cash basis are two different methods of recording business…
Accounting - The Cash Basis
In accounting, the cash basis means that a company will only record revenue when it receives cash…
Accounting - The Accrual Basis
In accounting, the accrual basis means that a company should record revenue once it earned…
How Do Auditors Close an Audit?
If the audit firms in Johor Bahru wants to compete with more sizable companies, they need to…
The Role of Trial Balance in Accounting
A trial balance refers to a report that the accountants will generate when an accounting period…

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