Accounting Blogs

Guide to Deferred Tax Asset

As a business owner, have you ever studied the financial statements of your business and looked at the accounting terms

Guide to Impairment

Typically, impairment will happen to a company’s fixed assets or intangible assets. In accounting, the term “impairment” refers to a

Identifying the Profitability of a Business

Most business owners must have heard if the term “profitability”. As all the for-profit organisations have the same objective, that

Differences between Current Assets and Fixed Assets That You Should Know

When you look at the financial statements that the accountants in an accounting firm in Singapore have prepared for you,

A Closer Look at Depreciation

Most business owners might have heard of the term “depreciation”. It refers to an accounting method that allocates the cost

The Relationship Between Net Profit and Operating Profit

For all for-profit organisations, they aim to earn profits from the business activities they have carried out. Profit is a