Introduction In the modern-day age, informational asymmetries are pretty non-existent. Coupled with increasing awareness regarding acts and policies of the company, there has been upward pressure on companies that have forced them to do better in terms of meeting the respective KPIs and ensuring that they can comply with their social policy that can extrapolate …
Singapore is a city-state that is located in Southeast Asia. Unlike popular belief, the Republic of Singapore is an independent and sovereign island city-state in Asia. The country has witnessed rapid service industry growth in the pre-Covid-19 era. However, the financial industry and accounting firms are at the top of the list. The country is …
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Malaysia is a Southeast Asian country with a population of 3.3 million. Kuala Lumpur is the country’s capital city and the world’s food capital. Regarding the accounting and auditing industry, business firms and companies across different industries of the country need professional firms and independent accountants to take care of the financial services. Besides, accounting …
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Vietnam is a South East Asian country that is popular for its tourist spots. It is the 37th largest economy in the world as per the nominal GDP. The country attracts a large amount of foreign investment and international businesses. Besides the product industries, the country’s services industry is also a major contributor to the …
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Cambodia is a Southeast Asian country located on the Indochinese mainland, comprising plains and rivers. The main industries of the country are textile, agriculture, and tourism. The capital of Cambodia is Phnom Penh. The country’s financial management and accounting industry are also among the top contributors to the country’s economy. Most of the industry is …
Thailand is a Southeast Asian country located at the center of the Indochinese region. Thailand is popularly known as Siam, and the official name is the Kingdom of Thailand. Bangkok is the capital of Thailand, and the official currency is Bhat. The country’s main religion is Buddhism, and it has a rich cultural history and …
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When you belong to Asian countries like India, Pakistan, Bangladesh, Japan, Hong Kong, China, or residing in Canada, the United Kingdom, etc., CA is the dream career with being among the highest-paying jobs. It is one of the reasons why many students go for a CA after completing their college degrees. There is no doubt …
Business organizations working in different industries need their processes, financials, databases, etc., to be examined and approved as satisfactory for long-term operations. The examination aims to avoid unethical practices, financial embezzlements, etc. The standard procedure for this purpose is an audit, and you must be a bit familiar with the concept. The audit is generally …
Whether you are a CPA, finance, or accounting student, understanding the audit process, assurance engagement, and attestation is important for you. Besides, the businesses also need to understand the concept of audit and attestation. As a CPA accountant, you must know the difference between audit and attestation engagements to help your clients understand the meaning …
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If you have always heard of a principal regarding agency theory and partner regarding the partnerships in businesses, etc., you never had complete knowledge. Principal and partner are the terms that are used in several places for different meanings. If we talk about the education industry, a school or college principal is the managing director. …
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