Share buybacks – secret weapon?

Reading Time: 5 minutes  This article comes courtesy of Shook Lin & Bok LLP. One of the leading and full-service commercial law firms in Singapore with a strong Asian presence and global reach. They have close to a century of rich legal heritage with a number of partners who are eminent lawyers in their respective areas of expertise. […]

Your Workplace Rights in Australia

Reading Time: 2 minutesBreach of Workplace Rights The majority of workplaces in Australia are covered by the Fair Work Act 2009. As a full- or part-time employee in Australia, you have rights that cannot be breached. As an employer in Australia, you have a duty to uphold the law and make sure you are providing a workplace that is in […]

Qualities That Make a Great Accountant

Reading Time: 3 minutesA good accountant might be excellent at crunching numbers but a great accountant has far wider range of skills. Of course, you want a person who will manage books, accounts, payroll and taxes efficiently but, when hiring a financial and business partner for your company, you also want someone that you can trust completely, can […]

A Primer on Double-entry Bookkeeping

Reading Time: 3 minutesThe idea of double-entry bookkeeping sounds confusing, doesn’t it? Many people are confused by the concept of double-entry accounting systems though it is one of the most standard of accounting practices. You might think that the easiest way of keeping track of your accounts is to simply make a single recording of every transaction made […]

How to Read a Financial Statement

Reading Time: 3 minutesWhether you are an investor, employee, board member or owner of your own SME, knowing how to read a financial statement is a skill you will need to call upon if you want to make informed decisions regarding spending, investing and more. Sure, you might rather leave the interpretation of financial documents to your accountant […]

Fraud Auditing, Investigation and Forensic Accounting

Reading Time: 4 minutesAnyone who has read the autobiography of Frank Abagnale, “Catch Me if You Can” (also adapted into a film starring Leonardo DiCaprio and Tom Hanks) would be surprised by the ease conmen find weaknesses in controlled processes. By the tender age of 21, Frank Abagnale had already defrauded banks of 2.5 million via bad cheques […]

Curveball Series: Sudden Death of Key Man

Reading Time: 3 minutesImagine if your business suddenly lost its founder, CEO, CFO or top-grossing salesperson due to their sudden death. A sad and pretty devastating idea, isn’t it? The passing of an important figure within a small or medium enterprise (SME) can be especially debilitating. It might be the kind of thing that keeps you up at […]

Accountants and Early-stage Startups

Reading Time: 4 minutesIt is common for early-stage startups to put off hiring an accountant, either because they think they don’t need one or because they think they can’t afford one. In some cases, the idea of retaining an accountant is not even on the radar of early-stage founders yet. While it might seem too soon to some, […]

Curveball Series: Breach of Employment Contract – For Employers

Reading Time: 3 minutesWe do not like to think that our employees might divulge sensitive company information or make an exit en masse for a competing firm but the truth is, it happens. When it suddenly comes to light that an employee has breached their employment contract by sharing information with a competitor, been working towards their own […]

Real Estate Investments in Southeast Asia: How Safe is Your Money?

Reading Time: 3 minutesHave you been reading up on the financial benefits of buying rental property in Southeast Asia? Are you thinking that the time is right to let your money earn more in these emerging markets? Maybe you’ve found a resort you’d like to invest in and you’re really close to picking up the phone to call […]

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Capital Requirements for Setting Up a Company in Thailand

Reading Time: 3 minutesThe amount of capital needed to set up a company in Thailand seems like a straightforward question that would beget a straightforward answer. However, that’s not the case. The assets needed to open a company in Thailand are fairly straightforward for Thai nationals but become more complicated once foreigners start getting involved. The issue of capital […]

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Company Formations in Thailand

Reading Time: 3 minutesThere are several different types of companies in Thailand that are legally recognized and each serves different needs, corporate structures, and functions. The kind of company you form depends on the ownership, stakeholders and location of the business taking place and profit being made. If you are looking at forming a company in Thailand, it […]