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Accounting Cycle

WHAT IS THE ACCOUNTING CYCLE? The accounting cycle is a straightforward eight-step procedure for finishing a business’ bookkeeping duties. It offers a precise roadmap for the documentation, evaluation, and final reporting of a company’s financial activities. The eight-step accounting cycle begins with the individual recording of each business transaction and concludes with a thorough report […]

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Software for your SME

By using the proper accounting software, SMEs of all sizes and in all industries may streamline their financial operations. However, because there are so many factors to take into account, choosing which specific platform is best for your organisation can be challenging and time-consuming. A software solution that works for one business may not necessarily

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Budgeting

Budgeting A CBinsights analysis found that challenges with pricing and costs, losing focus, and running out of money are some of the main reasons why small businesses fail. A sensible budget may be put in place to avoid these problems. But before you concentrate on the budget, you must decide which areas of your company

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What is OPR?

The OPR, overnight policy rate is the interest rate at which financial institutions lend money to one another overnight and is established by Bank Negara Malaysia (BNM), our central bank. Banks frequently have fluctuating amounts of cash on hand due to their lending activities, as well as the deposits and withdrawals of their clients. That

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Analytics in Finance

What is data Analytics in Finance? The role of data analytics in finance is expanding. A growing number of companies worldwide are adopting data analytics to enhance internal processes. In order to better understand their customers, they also rely on data analytics. Because of this, organisational leaders can make decisions that will improve corporate results.

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Taxation 2021

Tengku Zafrul Claims That Prosperity Tax Helps a Lot to Ease Government Financial Burden Petaling Jaya: Finance minister said that, government burden on subsidies will be lifted up with the help of one-off collection of a prosperity taxes. Even from the increasing cost in economy, government can still managed to provide subsidies with direct help from

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