Counto

JANUARY 16, 2024

At least two Singaporean or Permanent Resident (SC/PR) applicants who meet the following criteria: 1. Hold a collective equity stake in the company, with a minimum ownership of 30%. Hold a collective equity stake in the company, with a minimum ownership of 30%. Companies should meet the following criteria: 1.

Collections 52

Collections Accounting Accounting 52

Accounting Tools

MAY 10, 2024

We explore the different types of market valuation approaches in this article. Related Articles How to Calculate the Market Value of Equity The Difference Between Forward P/E and Trailing P/E This is of critical importance to an investor , who wants to understand whether it makes sense to buy or sell a firm’s shares.

Financial Analysis 40

Financial Analysis 40

Accounting Tools

JUNE 16, 2023

Related Courses The Balance Sheet The interpretation of Financial Statements What is Stockholders’ Equity? Stockholders' equity is the amount of assets remaining in a business after all liabilities have been settled. This amount appears in the balance sheet, as well as the statement of shareholders' equity.

Financial Statements 40

Financial Statements Accounting Accounting 40

Accounting Tools

AUGUST 7, 2023

A registration statement is a disclosure statement that a business files with the Securities and Exchange Commission (SEC) when it wants to sell equity securities to the public. What is the Form S-1? The form typically used for a registration is the Form S-1, though a larger entity can file the shorter Form S-3 instead.

Accounting 40

Accounting Accounting 40

Accounting Tools

AUGUST 1, 2023

Related Courses Business Ratios Guidebook The Interpretation of Financial Statements What is the Equity Multiplier? The equity multiplier is the ratio of a company's total assets to its stockholders' equity. The ratio is intended to measure the extent to which equity is used to pay for all types of company assets.

Financial Statements 40

Financial Statements Accounts Payable Accounts Payable Accounts Receivable 40

Accounting Tools

OCTOBER 6, 2023

The investment turnover ratio compares the revenues produced by a business to its debt and equity. The formula for the investment turnover ratio is to divide net sales by all stockholders' equity and outstanding debt. Its investment turnover ratio is 2:1.

Financial Statements 40

Financial Statements 40

Accounting Tools

JULY 24, 2023

The sustainable growth rate is the maximum increase in sales that a business can achieve without having to support it with additional debt or equity financing. Its sustainable growth rate is calculated as follows: 20% Return on equity x (1 – 0.40 Related Articles How to Calculate Market Share Organic Growth What is Run Rate?

Financial Analysis 40

Financial Analysis Financial Statements Budgeting 40

Accounting Tools

SEPTEMBER 25, 2023

Related Courses Business Ratios Financial Analysis The Interpretation of Financial Statements What is the Debt to Equity Ratio? The debt to equity ratio measures the riskiness of a company's financial structure by comparing its total debt to its total equity. Its latest planned acquisition will cost $10 million.

Financial Analysis 40

Financial Analysis Financial Statements Accounts Payable Accounts Payable 40

Counto

FEBRUARY 15, 2024

Advantages of Business Loans 1. Retains Ownership: While bringing in investors can inject cash into your SME, it often means relinquishing equity and decision-making autonomy. Here’s a rundown of some common types you might encounter: 1. Several factors can influence the success of your loan application: 1.

Invoicing 52

Invoicing Financial Statements Payroll Financial Reporting 52

Accounting Tools

AUGUST 23, 2023

This entry is used for stock splits , where the number of shares outstanding changes, but there is no alteration of the underlying equity accounts. An example of a memo entry is, “On [date], a 2:1 stock split occurred, which increased the number of shares outstanding from 50,000 to 100,000.”

General Ledger 40

General Ledger Bookkeeping Accounting Accounting 40

Accounting Tools

SEPTEMBER 8, 2023

Terms Similar to the Statement of Retained Earnings The statement of retained earnings is also known as the retained earnings statement, the statement of shareholders' equity, the statement of owners' equity, and the equity statement.

Financial Statements 40

Financial Statements Reconciling Bookkeeping Accounting 40

Accounting Tools

JANUARY 5, 2024

The accounting equation shows the relationship between assets , liabilities and equity. You can see this relationship between assets, liabilities, and shareholders' equity in the balance sheet , where the total of all assets always equals the sum of the liabilities and shareholders' equity sections.

Accounting 40

Accounting Accounting Accounts Payable Accounts Payable 40

Counto

FEBRUARY 12, 2024

Here are nine common mistakes to steer clear of when incorporating your company in Singapore: 1. Equity Distribution and Vesting: Equity allocation can be sensitive but must be addressed transparently. Determining the distribution of equity ensures fairness and incentivizes commitment.

Budgeting 52

Budgeting Accounting Accounting 52

Accounting Tools

JANUARY 30, 2024

An investor would want to sell any equity holdings in a company showing such a downward trend, especially if the ratio drops below 1.5:1. Related Articles Cash Flow to Debt Ratio Coverage Ratio Debt Service Coverage Ratio Fixed Charge Coverage Ratio Interest Coverage Ratio Its interest expense for that month is $2,500,000.

Financial Statements 40

Financial Statements Tax 40

Accounting Tools

MARCH 5, 2024

Related AccountingTools Courses Bookkeeping Guidebook Closing the Books The Year-End Close Contents of the Trial Balance Worksheet The key columns in a trial balance worksheet are as follows: Column 1 contains the account number of every account that has a balance. Column 2 contains the account description associated with each account number.

General Ledger 40

General Ledger Financial Statements Accounting Software Bookkeeping 40

Counto

JANUARY 16, 2024

Steps to Launching Your Tech Startups Before diving into your tech startup venture in Singapore, these core considerations can help you navigate the unique aspects of the local market: 1. Programs like Startup SG Equity provide opportunities for co-investment with the government.

Corporation Tax 52

Corporation Tax Tax Accounting Accounting 52

Accounting Tools

JULY 28, 2023

Related Articles Budgeted Financial Statements Budgeted Income Statement If the amount of this plug is material, it can call into question the reliability of the information in the budgeted balance sheet, and so may trigger an examination of the assumptions and formulas used to construct it.

Budgeting 40

Budgeting Financial Statements Accounts Payable Accounts Payable 40

Accounting Tools

JULY 24, 2023

Investigate Asset, Liability, and Equity Account Balances Verify that the contents of all asset, liability, and equity accounts for both the subsidiaries and the corporate parent are correct, and adjust as necessary. Related Articles Consolidated Balance Sheet Consolidated Financial Statements Consolidated Group

Financial Statements 75

Financial Statements Accounting Accounting Payroll 75

Spenmo

NOVEMBER 8, 2022

In this article, we break down the know-how. Understanding the elements of a balance sheet You’ll first have to understand the three basic elements of the balance sheet – Assets, Liabilities, and Equity. Equity This refers to the amount of owner capital invested into the business or known as a company’s book value. 5: Balance!

Account Reconciliation 52

Account Reconciliation Financial Statements XERO Accounts Payable 52

Accounting Tools

JULY 8, 2023

Identify the Relevant Accounts Every business transaction is recorded in an account in the accounting database, such as a revenue , expense , asset , liability , or stockholders' equity account. The asset, liability, and shareholders' equity line items form the balance sheet , while the revenue expense line items form the income statement.

Financial Statements 75

Financial Statements Accounting Accounting General Ledger 75

Accounting Tools

DECEMBER 26, 2023

Example of Basic Earnings per Share Lowry Locomotion earns a profit of $1,000,000 net of taxes in Year 1. Lowry calculates the numerator of its basic earnings per share as follows: $1,000,000 Profit - $200,000 Dividends = $800,000 Lowry had 4,000,000 common shares outstanding at the beginning of Year 1.

Tax 40

Tax Accounting Accounting 40

Accounting Tools

MARCH 27, 2023

Related Courses How to Audit Equity The Balance Sheet The Interpretation of Financial Statements What is Authorized Stock? The number of authorized shares is stated in the entity’s articles of incorporation or charter. Authorized stock is the maximum number of shares that a corporation is allowed to issue.

Financial Statements 40

Financial Statements Auditing Accounting Accounting 40

Counto

JANUARY 8, 2024

Wider Funding Options: Private limited companies have more financing options, including equity capital from shareholders, secured loans, and unsecured financing. Register for Goods & Services Tax (GST) if the annual taxable turnover exceeds SGD 1 million. This can attract investors and financial institutions more readily.

Corporation Tax 52

Corporation Tax Tax Accounting Accounting 52

Accounting Tools

OCTOBER 25, 2023

Hedge funds typically do not accept small investments, with minimum contributions starting as high as $1 million. Related Articles Boutique Investment Bank Middle Market Banking The Difference Between Private Equity and Venture Capital

Accounting 75

Accounting Accounting 75

Accounting Tools

OCTOBER 25, 2023

This may occur after legal action has been taken to recover a receivable , as a partial payment from a bankruptcy administrator, the acceptance of equity in exchange for cancellation of the receivable, or some similar situation. A bad debt recovery is a payment received after it has been designated as uncollectible.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Collections 40

Accounting Tools

JUNE 6, 2023

Related Courses Accountants' Guidebook GAAP Guidebook How to Audit Equity How to Account for Treasury Stock A company may elect to buy back its own shares , which are then called treasury stock. In a nonprofit, the concept of net assets replaces stockholders' equity. It repurchases the shares for the same amount.

Accounting 40

Accounting Accounting Auditing 40

Accounting Tools

OCTOBER 1, 2023

Understanding Dividends When cash dividends are paid, this reduces the cash balance stated within the assets section of the balance sheet, as well as the offsetting amount of retained earnings in the equity section of the report. As an example, a corporation pays out a $1 dividend to each holder of its 250,000 outstanding shares.

Financial Statements 40

Financial Statements Accounting Accounting 40

Accounting Tools

DECEMBER 20, 2023

Related AccountingTools Courses The Balance Sheet The Interpretation of Financial Statements Example of Dividends Payable For example, on March 1, the board of directors of ABC International declares a $1 dividend to the holders of the company's 150,000 outstanding shares of common stock , to be paid on July 31.

Financial Statements 40

Financial Statements Accounting Accounting 40

Accounting Tools

AUGUST 7, 2023

If beta equals 1, then its variability is exactly the same as that of the market as a whole. If the beta is higher than 1, then the price of a stock is more volatile than the market level. If the beta is lower than 1, then the price of a stock is less volatile than the market level.

Financial Analysis 40

Financial Analysis Corporate Finance 40

Accounting Tools

APRIL 11, 2023

Another example is the presence of a performance ratio, such as a requirement not to exceed a 1:1 debt to equity ratio. Related Articles Accounting for Bonds Bond Amortization Schedule How to Account for Bond Issue Costs How to Calculate the Issue Price of a Bond Negative Pledge Clause Redemption of Bonds Payable

Corporate Finance 40

Corporate Finance Financial Statements Auditing Accounting 40

Accounting Tools

NOVEMBER 2, 2023

Middle market banking is the concept of providing investment banking services to companies with revenues in the range of $50 million to $1 billion. Related Articles Boutique Investment Bank Bulge Bracket Bank Hedge Funds and How They Work The Difference Between Private Equity and Venture Capital

Corporate Finance 40

Corporate Finance Tax 40

Accounting Tools

OCTOBER 7, 2023

Leverage and Coverage Ratios Leverage and coverage ratios are used to estimate the comparative amounts of debt, equity, and assets of a business, as well as its ability to pay off its debts. The most common of these ratios are the debt to equity ratio and the times interest earned ratio.

Financial Statements 40

Financial Statements General Ledger Financial Analysis Customer Service 40

Accounting Tools

OCTOBER 24, 2023

Interest expense is usually a tax-deductible expense, which makes debt a lower-cost form of funding than equity. Example of Interest Expense ABC International borrows $1,000,000 from a bank on June 1 and repays the loan on July 15. Related Articles Interest Earned Interest Income The interest rate on the loan is 8%.

Invoicing 40

Invoicing Bookkeeping Accounts Payable Accounts Payable 40

Intuit

NOVEMBER 20, 2023

And if you don’t have any accounting skills yet, don’t worry; we’ll give you some resources toward the end of this article that you can use to become proficient enough to work any of the jobs on this list. You’ll also access various benefits, equity rewards, and cash bonuses. Pay ranges from $19.90 – $28.00

Tax 130

Tax Accounting Accounting QuickBooks 130

Accounting Tools

DECEMBER 21, 2023

The calculation of the implied interest rate to ABC in this deal is: (1% ÷ 99%) x (360 ÷ (30 Normal payment days - 10 Discount days) = 18.2% This is an essential item when the seller is short on cash, and has no access to a lower-cost bank loan or equity funding.

Invoicing 40

Invoicing Accounts Receivable Accounts Receivable Account Receivables 40

Counto

JANUARY 10, 2024

Since November 1, 2007, all incorporated companies in Singapore, with few exceptions, must file their financial statements in XBRL format with ACRA. Here are some articles you might find helpful: Absentee Payroll Record keeping requirements The post XBRL Filing for Companies in Singapore appeared first on Welcome to Counto Singapore.

Financial Statements 52

Financial Statements Microsoft Excel Financial Reporting Data Entry 52

Accounting Tools

MAY 15, 2023

Allocation of Profit or Loss When a partnership closes its books for an accounting period, the net profit or loss for the period is summarized in a temporary equity account called the income summary account. Tax Reporting In the United States, a partnership must issue a Schedule K-1 to each of its partners at the end of its tax year.

Accounting 40

Accounting Accounting Tax 40