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Deferred Tax

Deferred Tax Asset Temporary differences are either taxable or deductible. Taxable temporary differences are those which result in a higher taxable income in future period and deductible temporary differences are those which result in a lower taxable income in future. A deferred tax asset represents the deductible temporary differences. A deferred tax can also arise …

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Improve boring meeting into efficient manner

1. Identify your purpose The type of meeting will determine the process it follows. Scott Stein, author of Leadership Hacks, offers four categories: reporting or checking-in, problem-solving, decision-making, and strategy development. Have a good process in place for each, he says. A common mistake mixed, if an issue requires resolving has just been raised at starting of the meeting, don’t try …

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Price fixing

Price fixing is serious legal offense, it also calls bid rigging. It is very common practice in some countries across south east Asia. Well, what can I say that is 3rd word counties without proper legal system, lack of government monitoring mechanism. Fix pricing hurts business environment, very bad for consumers. Head of Competition Katie Rusbatch said …

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Accountant job and month end

Accountant job is one of fancy title for business person. Some people said, accountants do tax, calculation, reporting etc… Some amateurs descripted accountants are bean counter. In some case, accountants don’t know what they do for living. I overheard that “I am accountant I don’t that low skill processing transaction works, or I don’t do …

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