2021 Guide to Accounting Programs in NTU, SMU and NUS
A Simple Chart Summarizing Features of Accountancy Degree Programmes offered in Singapore Universities
Difference Between Bookkeeping And Accounting
What is the difference between bookkeeping and accounting? Accounting Bookkeeping Accounting is the process of recording, summarising, reporting, analysing and interpretation of financial information. Book-keeping is part of the accounting process. It involves the process of recording accounting data according to set rules. Role of accounting is to communicate financial information for decision-making purposes. Role…
6 Notable Accounting Quotes from Famous People
As Accountants, we are constantly striving to learn and improve our knowledge. Here are some quotes that I found noteworthy that I hope you will too. 1. “A fool and his money are soon invited to part company.” – Oscar Wilde 2. “A good accountant is a good poet. He appreciates the true value of…
Dump the Monetary Concept – Measure What Makes Life Worthwhile!
“Not everything that can be counted counts, and not everything that counts can be counted.” Albert Einstein, physicist (1879 – 1955) The principle of monetary concept states that anything which cannot be measured in monetaryterms will not be considered as a part of the accounting data. While accounting captures the numerical performance of a business,…
