Accounting Blogs

Do You Know What Are Accounting Controls?

Accounting controls refer to the methods and procedures that a company or an accounting firm in Singapore would use to

An Overview of Internal Controls

Internal controls are the activities that a company would add on its normal operations with the intention of minimising the

Poor Accounting Practices That Business Owners Should Avoid

Most business owners may not pay much attention to their accounting-related tasks when they first started running a business. This

How to Differentiate Revenue and Income?

Most people think that both “revenue” and “income” mean the same, that is, a company has earned money. Some of

The Responsibilities of Accounting Department

Do you have an accounting department in your company? Instead of having one, most small businesses may choose to engage

What You Need to Know About Reserves in Accounting

In accounting (Also see What is the Purpose of Accounting?), reserves refer to the gains that a company allocates for