Accounting Tools

JANUARY 26, 2025

What is a Big Bath? A big bath is a very large one-time write-off taken by a company. This write-off is structured as a reserve , so that charges taken in the future can be offset against the reserve. The intent behind the use of a big bath is to take a large hit to earnings in the current period, so that future periods will look more profitable. This approach can be valid, but has a reputation for being used too much to manipulate the amount of reported earnings.

Financial Statements 75

Financial Statements Accounts Receivable Accounts Receivable Account Receivables 75

Counto

JANUARY 26, 2025

Cost of Living for Foreign Entrepreneurs in Singapore in 2025 Starting a business as a foreign entrepreneur in Singapore comes with its challenges, and understanding the cost of living is one of the key factors in managing your finances effectively. With Singapore being a prime business hub in Asia, it is crucial to be well-prepared. This guide provides a detailed overview of the costs you will likely encounter as a foreign entrepreneur in Singapore in 2025. 1.

Corporation Tax 52

Corporation Tax Tax Vendor Management Budgeting 52

Gaviti

JANUARY 26, 2025

Payment portals are not just for large B2C businesses any longer, B2B businesses of any size can benefit. In the evolving world of B2B transactions, the importance of payment portals has become undeniable. These platforms are no longer a luxury but a necessity, providing businesses with an efficient way to handle their accounts receivable processes.

Accounts Receivable 52

Accounts Receivable Accounts Receivable Account Receivables Collections 52

Counto

JANUARY 26, 2025

How Loan Repayment Insurance Works in Singapore As a business owner, managing your financial obligations is a key part of maintaining a healthy business. Loans can help you grow, but if the unexpected happens, it might become difficult to keep up with repayments. This is where loan repayment insurance comes in. Designed to protect both individuals and businesses , loan repayment insurance ensures that your loans are repaid in case of unforeseen events.

Accounts Payable 52

Accounts Payable Accounts Payable Budgeting Billing 52

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

Budgeting

Accounting Tools

JANUARY 26, 2025

What is a Rights Offering? A rights offering is a notification by a company to its shareholders , giving them the right to buy more shares. The amount of additional shares that shareholders are able to purchase is in proportion to their existing share holdings. Each of these rights has a termination date, which is usually within one month. Other features that may be added to a rights offering are: Shares can be purchased at a discount to the market price The rights can be transferred to a third

Corporate Finance 40

Corporate Finance Accounting Accounting 40

Insightful Accountant

JANUARY 26, 2025

Intuit has announced the sunset of 'Tags' within QuickBooks Online. They are making 'Custom Fields' available to all QBO subscribers; however, the number of Custom Fields varies by your QBO Subscription type.

QuickBooks 52

QuickBooks 52

Tipalti

JANUARY 26, 2025

Procurement software streamlines, secures, and speeds up an organizations procurement process. But which procurement solution best matches your needs?

Accounting Software 40

Accounting Software Accounting Accounting 40

Counto

JANUARY 26, 2025

How the Open Electricity Market Can Help SMEs Save on Energy Costs in Singapore in 2025 As a small business owner in Singapore, keeping costs down is always a priority. With electricity prices rising, managing energy expenses can feel like an uphill battle. Fortunately, Singapores Open Electricity Market (OEM) offers an opportunity for SMEs to take control of their electricity costs and potentially lower their monthly bills.

Billing 52

Billing Budgeting Accounts Payable Accounts Payable 52