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Presentation and functional currency

When it comes to the term currency, there are three different terminologies that individuals tend to mix up but are different in meaning. The three terms are functional currency, foreign currency and presentation currency.     Functional currency.  Functional currency refers to the currency of the primary economic environment in which the entity operates. When working […]

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What does an accountant do?

There is this misconception that Accounting is relatively straightforward and easy, yet in reality, Accounting is a critical business function that involves a substantial amount of problem-solving. Our team of professional accountants outline a few points to help individuals understand the role of an Accountant. What is an Accountant? Accountants are fluent in a language […]

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