A basic rule for fighting failure is to find people who have failed, and ask them why they failed. A start-up business in general, and a business startup in particular, must update, and quickly learn the lessons of failure, not repeat the mistakes that they have learned. People who run businesses should consider this as one thing in their management work. Five common causes of business failure, which small and medium-sized business entrepreneurs need to know are:
VIEW DETAILSAccounting vouchers are important documents. Not only for recording work, and providing information for management and administration in enterprises, but also they are must-have requirements of a company to provide for the government. After-tax finalization, the accounting vouchers are still archived. The time for archiving them will depend on each type of voucher, and corresponding to the archival period. There are three types of retention periods: minimum 5 years, minimum 10 years, and perpetual storage.
VIEW DETAILSConditions for receiving unemployment allowance - Unemployment allowance is payment to support employees who leave their jobs while they are unable to find a new job. If we have a new job, we will receive unemployment allowance
VIEW DETAILSIn society, everyone has the need to buy, sell and exchange. Specifically, trading and exchanging between people, people to businesses, and businesses to businesses. When this exchange of purchasing is approved by the parties, it can be said that the contract is established. Therefore, a contract can be understood as an agreement, expressed in many different forms, such as orally, by price announcement, sale condition, and written form.
VIEW DETAILSIt is familiar to talk about value-added tax, corporate income tax, or personal income tax, but it is strange to talk about foreign contractor tax. Therefore, we would like to choose the topic of what is foreign contractor tax to share with you. Foreign contractor tax can be known as a tax which is collected from foreign organizations and individuals that do not register their business in Vietnam but have benefits within the territory of Vietnam, benefit from: land, sea, airspace, underground, and cyberspace in the territory of Vietnam.
VIEW DETAILSIt can be conceptualized that an audit is a process by which the auditor collects and evaluates the evidence related to the financial and accounting information of the enterprise. Then, the auditor gives an opinion on the degree of concordance between the accounting information and the issued accounting and auditing standards. Depending on the needs and purposes, there are many ways to classify audits. The most typical classification according to audit purposes is divided into 3 types as follows:
VIEW DETAILSPresident of the United States Abraham Lincoln once said, “Give me six hours to chop down a tree, and I will spend the first four sharpening the axe”. Mr. Abraham Lincoln, who is the sixteenth president of the United States, is among the four greatest presidents of the United States. He was the proclamation to end slavery in the United States, and urged Congress to add the Thirteenth Amendment to the U.S. Constitution, federally outlawing slavery. His work freed more than four million slaves in the United States, and spread all over the world. His image is printed on the US five dollar bill.
VIEW DETAILSRecently, the word IFRS has been mentioned a lot in the fields of accounting, auditing, corporate finance, and monetary - banking. In today's topic, we will learn about IFRS, and how IFRS is being applied in Vietnam. So, what is IFRS? IFRS is short for International Financial Reporting Standards. Currently, IFRS includes 16 standards.
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