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Why Do Businesses Need To Do Yearly Budgets

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

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Effective Budgeting for Businesses Today

Press Release For Immediate release EFFECTIVE BUDGETING FOR BUSINESS TODAY – BOOK LAUNCH Melaka, 11th  February 2019  Our Principal Consultant and Trainer, Mr. Dominic Shum, has written an informative and useful book on business budgeting with the title “Effective Budgeting for Businesses today”. The book, published by Partridge Publishing Singapore in association with Tan Yen Read More

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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