By Dominic Shum A budget is a financial blueprint of a business in respect to planned activities in a specific period of time which is usually a year. Sometimes it is referred to as the yearly budget or annual budget. It is a plan of action in monetary terms that is compiled from departmental or Read More
Category: Financial Management
Financial Statements ; What are Assets and Liabilities
A Financial Literacy Article by Dominic Shum, DRC Services Most of us have assets, some have less and some have more. Our assets includes everything that we own including the air around us, the chair we are sitting on and our mental or physical capabilities. However, do you know that when you see listings of Read More
A Strategic Look at the Private Education Industry In Malaysia
By Dominic Shum Since the introduction of the Private Higher Education Act in 1996, the industry has transformed itself from a dull listless backwater industry into a thriving industry with enrollment of more than 1.5 million students in 2013 including tens of thousands of foreign students. The certainty that comes with having a legislation and Read More