At the end of this article readers will understand what a private limited company is and the advantages and disadvantages of a private limited company.
You may think that hiring a good accountant is all you need to have a good accounting system, but this is not true. You, as a business owner, also have to learn accounting. Found out why by reading this hub.
Learn the accounting process in a very easy and enjoyable way. Here are the 9 steps in Accounting Process you have to follow. Remember this is a cycle so every steps are in chronological order.
Passing the CPA Board Exam is difficult. Making it to top 10 is exhilarating, especially if you come from a small public college south of Manila - DFCAMCLP, a project by incumbent Mayor Nene Aguilar.
Accounting Assumptions in Accounting; Accounting entity Assumptions, Money measurement Assumptions, Going concern Assumptions and Accounting period Assumptions.
Merits of Continuous Audit and Demerits of Continuous Audit. Audits can be classified into two groups namely; periodical audit and continuous audit.
Decentralization is not a new concept under the New Government Accounting System of the Philippines (NGAS). This has been in practice in the regional offices and operating units long before the adoption of the...
The word 'Audit' is originated from the Latin word 'audire' which means 'to hear'. In the earlier days, whenever there is suspected fraud in a business organization, the owner of the business would appoint a person...
Basic accounting principles; The basic accounting principles are Duality, Revenue Recognition Principle, Historical Cost Principle, Matching Principle, Full Disclosure Principle and Objectivity.
Accountants as in a Profession. A personal perspective.