This lecture shares the knowledge of company laws followed by companies in Myanmar and changes in these laws.
In this video lecture, the basic and fundamental knowledges of Accounting subject are explained in details. The sub topics of this lecture are- 1. What is Accounting? 2. What is business ?3. Why do we need accounting ?
Businesses need finances for daily operations and to meet essential expenses and payments. It is impossible to achieve the long-term and short-term goals without effectively managing finances. In this lecture, it describes how an organization should operate the business to achieve the financial goal.
This lecture exposes the potential issues while implementing IFRS such as: 1. Potential Issue with Property Plant and Equipment 2. Potential Issue with Revenue 3. Potential Issue with Provisions, Contingent Liabilities and Contingent Assets 4. Potential Issue with Inventories
The SME owners should know the following matters to obtain the effective financial management. 1. Book keeping 2. In house accounts department 3. Filing of statutory returns 4. Trach sales 5. Deposit all sales, etc.
This lecturer explains the purpose of internal control of a company, characteristic of internal controls, and the processes of establishment to achieve the better business activities.