Understanding the Cash Flow Statement 理解现金流量表 What Is a Cash Flow Statement? 什么是现金流量表? The statement of cash flows, or the cash flow statement, is a financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company. 现金流量表是一种财务报表，它汇总了现金和现金等价物进出公司的数量。 The cash flow statement (CFS) measures how well a company manages its cash […]
Association of Chartered Certified Accountants 特许注册会计师协会 Founded in 1904, the Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA). ACCA’s headquarters are in London with principal administrative office in Glasgow. ACCA works through a network of over 104 offices and centres in 52 countries – […]
Understanding Internal Controls了解内部控制 What Are Internal Controls? 什么是内部控制? Internal controls are the mechanisms, rules, and procedures implemented by a company to ensure the integrity of financial and accounting information, promote accountability and prevent fraud. Besides complying with laws and regulations, and preventing employees from stealing assets or committing fraud, internal controls can help improve operational […]
Effective communication for Accountants 会计师有效沟通 There’s one thing that makes every relationship work – it doesn’t matter whether that relationship is romantic, with a peer or in business – that thing is communication. In all relationships, ineffective or poor communication can be extremely frustrating and it is often a source of conflict. The four main […]
What is Corpass and How to register? 什么是Corpass，如何注册？ As announced by the Singapore Government last year, Singapore Corporate Access (CorpPass), which is the digital identity for businesses in the country, will the only login method for businesses to transact with the Government from September 1, 2018. This means that all other existing login methods, such […]
How Are Cost of Goods Sold and Cost of Sales Different? 销货成本和销售成本有什么不同? Companies refer to either the cost of goods sold (COGS) or the cost of sales on the income statement, or in some cases both, leading to some confusion for investors about the meaning and implication of the two terms. However, fundamentally, there is […]
What’s the difference between an accountant and an auditor? 会计师和审计师的区别是什么? The accountant and auditor roles are often confused for each other. With many differences and similarities; the two functions are sometimes interchangeable. 会计师和审计师的角色经常互相混淆。有许多不同和相似之处;这两个功能有时是可互换的。 Accountants 会计师 Accountants accumulate daily financial transactions and report on the performance, financial position and cash flows of a business. Duties can […]
How to Strike Off a Singapore Company 如何注销新加坡公司 Section 344 of the Companies Act gives the Registrar of Companies the power to strike off a company from the Register. In order to do this, the Registrar must have reason to believe that the company in question is no longer in business. 公司法第344条赋予公司司法常务官将公司从登记册上除名的权力。为了做到这一点，司法常务官必须有理由相信该公司已不再营业。 In order to […]
ACRA updates “Anti-Money Laundering / Counter Financing of Terrorism Guidelines for Registered Filing Agents” 会计和公司监管局更新《注册备案代理人反洗钱/反恐融资指南》 On 12 November 2018, the Accounting and Corporate Regulatory Authority (“ACRA”) released the updated “Anti-money Laundering/Counter Financing of Terrorism Guidelines for Registered Filing Agents” (“Guidelines”). 2018年11月12日，会计和公司监管局(“ACRA”)发布了最新的《注册备案代理人反洗钱/反恐融资指引》(“指引”)。 The Guidelines were first issued by ACRA on 8 June 2015 to help registered […]
Investment properties 投资性房地产 Investment properties include those portions of office buildings that are held for long-term rental yields and/or for capital appreciation and land under operating leases that is held for long-term capital appreciation or for a currently indeterminate use. Investment properties include properties that are being constructed or developed for future use as investment […]
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