Accounting Series

Financial Indicators - Debtor & Creditor Days

When looking into a business’s performance, the best way to obtain an overview of its current position is through the financial...

Substance Over Form

The idea of “Substance over Form” suggests that rather than relying exclusively on a corporation’s legal structure, the capture and...

What is Prudence Concept in Accounting?

The prudence concept refers to an important accounting rule that makes sure assets and income here are not inflated in financial...

Consistency Principle

What is Consistency Principle? The Consistency Principle, in its simplest form, states that once your company, or more particularly, your...

What is the Going Concern Concept and why is it important in Accounting?

A foundational idea in accounting is the going concern concept. It assumes that a firm will carry out its present goals, utilize its...

Top 5 Accounting Software For Your Business

One of the most technologically advanced nations in the world, Malaysia, is an area of culture and modernity. Due to increasing workloads...

Accrual Basis Accounting

Accounting Acer Series 5 𝐃𝐈𝐃 𝐘𝐎𝐔 𝐊𝐍𝐎𝐖 Accrual Basis Accounting is one of the best method to provide a more accurate profile of...

The Importance of Delivery Note

Accounting Acer Series 4 As promised in our accounting series 3 post, we're here today to talk about 📌What is Delivery Note and 📌Why it...

Book-Keeping vs Accounting

Accounting Acer Series 1 If you open the conversation below, you will see that the teacher, Sarah, is half dead because of her "Blur Blur...

Current & Non-Current Assets

Accounting Acer Series 2 You are "Mine" 🎀 You are controlled by me Now, you are my "Asset" I love you, Mua Today, we talk about "Assets"...

What Is It Really Mean To Be Our Asset?

Accounting Acer Series 3 If you have read our previous series, you already know the meaning of assets is. That it can be owned and can be...