Are Revenue and Profit the Same?
Some of the business owners may choose to outsource their accounting tasks as they find it hard…
Accounting
An Overview of Full Disclosure Principle
According to the full disclosure principle, a company should include all the information which will…
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…
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…
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…
The Concept of Revenue Recognition
As a business owner, do you know how you should recognise the revenues that your company…