Basics of Islamic Accounting

Basics of Islamic Accounting

Doing Business in Indonesia: Basics of Islamic Accounting Accounting can be defined as the process of recording financial transactions pertaining to a business. It includes the summarizing, analyzing, and reporting of the company to analyze its performance. This is the conventional definition. But how about if we put the prefix “Islamic?” What would be the…

Secretary and Administrative Assistant: Main Differences

Secretary and Administrative Assistant: Main Differences

Drawing the Line Between Secretary and Administrative Assistant Duties The role of secretary and administrative assistant might be confusing for some even though they have different jobs. This could be because they have overlapping functions sometimes. However, an administrative assistant usually has a bigger responsibility compared to a secretary. Still, the secretary and administrative assistant…

Common Bookkeeping Terms to Know

Common Bookkeeping Terms to Know

Helping You Understand the Common Bookkeeping Terms Every field or industry has its own set of jargons, like in accounting. You should be familiar with the different bookkeeping terms as a business owner. In this way, you can understand and understand the different financial statements of your company. Remember that bookkeeping and accounting are important…

Accounting Tips for Indonesian Startups

Accounting Tips for Indonesian Startups

Doing Business in Indonesia: Accounting Tips for Indonesian Startups There are some fundamentals of business that you need to attend to even you’re just a startup. These include People, Operations, Strategy, Finance, Marketing, and Accounting. Among them, we are going to talk about accounting. After all, the role that accounting plays in business can’t be…

Differences Between Accounting and Bookkeeping

Differences Between Accounting and Bookkeeping

Doing Business in Indonesia: Differences Between Accounting and Bookkeeping Bookkeeping is the systematic identification and recording of business transactions and financial events affecting a company. When we say transactions, we’re talking about the trading activities of buying and selling that needs to be recorded in the book of records. The financial events, however, are those…

Accounting in Hotel Business

Accounting in Hotel Business

Staying at the Forefront of Hospitality Sector with Accounting in Hotel Business Hospitality industry, alongside the tourism business, has been growing in the past years before the COVID-19 pandemic caused a major slowdown in 2020. Still, several parts of the world have been reopening again, slowly reviving the sector. Once a vaccine for the virus…

How Cybersecurity Affects Company Secretaries

How Cybersecurity Affects Company Secretaries

Evolving Company Technology: How Cybersecurity Affects Company Secretaries Whether we deny it or not, technology has rapidly taken over the world in every aspect. People have been seeking new innovations throughout the years to ease their tasks while increasing efficiency and productivity at the same time. Digital transformation and other use of new technology have…

Secretarial Firms: Understanding Compliance

Secretarial Firms: Understanding Compliance

Secretarial Firms Can Help Your Company With Regulatory Compliance In every country, there are regulatory compliances that all businesses should always meet. Complying with these regulations lets them keep operations up and running. All the companies should always observe these so they can stay out of trouble and focus on growing their businesses. This is…