More Business Opportunities in Malaysia As Ministry Creates 2,000 Business Lots

More Business Opportunities in Malaysia As Ministry Creates 2,000 Business Lots

Youth Entrepreneurs in Kuala Lumpur and Putrajaya to Benefit From This Initiative Malaysia’s Federal Territories Ministry is creating even more business opportunities in Malaysia.   An Initiative for the Youth Within the next two years, the Ministry aims to provide youth entrepreneurs in Kuala Lumpur (KL) and Putrajaya with 2,000 business lots. This initiative falls…

Capital Allowances in Malaysia

Capital Allowances in Malaysia

Capital Allowances in Malaysia and Their Impact on Taxation Taxation is one of the most gruelling tasks in business. Aside from the tax laws continually updating, it also has many inclusions and exclusions you have to remember. As such, it is always good to research and update your knowledge about business taxation. This article talks…

7 Key Accounting Skills You Must Have

7 Key Accounting Skills You Must Have

7 Key Accounting Skills Every Accountant Should Possess Accountants analyze and prepare financial reports for the company and stakeholders. They play an important role in assessing company position and performance. And this role entails precision, analytical skills, and strong ethics. This article outlines key accounting skills every accountant should possess. This is to help you…

How the Accounts Payable Process Works

How the Accounts Payable Process Works

Effective and Efficient Management of the Accounts Payable Process Management of the accounts payable process is one of the most important activities in business. You should pay what you owe to others, but ensure that this is done effectively and efficiently. Accounting and finance practices give out the concepts of what should be the most…

Different Types of Assets and Liabilities

Different Types of Assets and Liabilities

Understanding the Different Types of Assets and Liabilities Assets and liabilities play an essential role in ensuring the profitability and long-term sustainability of a business. The key to achieving these goals depends on how the company effectively manages its assets and liabilities. Therefore, it is crucial to understand each of their classifications to manage company…

How to Read and Understand the Balance Sheet

How to Read and Understand the Balance Sheet

Beginner’s Guide on How to Read and Understand the Balance Sheet The company’s balance sheet shows how the business is fairing at a particular time. The balance sheet, also known as the financial position statement, reveals company assets, liabilities, and owner’s equity. This report, along with the income statement, and statement of cash flows, makes…