Managing your business’s finances effectively hinges on understanding the distinct roles of bookkeepers and accountants. While both are vital, their functions and skill sets differ significantly. Let's delve into these…
Bookkeeping is the process of recording, organising, and maintaining a company's financial transactions and activities. For small and medium-sized enterprises (SMEs), a strong bookkeeping system is essential to track income,…
The Central Bank of Myanmar ("CBM") has issued Notification No. 37/2024. In this announcement, the Central Bank revises the regulations outlined in Notification No. 26/2023, where 35% of export earnings…
Entering a new market provides multinational corporations (MNCs) with a unique set of challenges. Navigating unfamiliar regulatory landscapes, managing compliance, and maintaining accurate records can become daunting tasks that strain…
Nowadays' globalised economy, business expansion is increasingly becoming an essential part of many companies' growth strategies. Venturing beyond domestic markets to seek opportunities in foreign countries, a process known as international expansion, can significantly enhance a company's market reach, competitive edge, and overall profitability.
In today's business world, "data" is one of the most powerful weapons businesses can have. Financial data, which serves as the lifeblood of decision-making processes, is included in this category.…
In today's fast-paced business environment, having reliable accounting and bookkeeping solutions is essential for maintaining financial health and compliance. However, many companies face the choice of whether to hire full-time…
As we approach the end of the year, businesses across Myanmar are gearing up for a critical process: wrapping up their financial affairs. The financial year-end represents a pivotal moment…
As the financial year is about to end, businesses are gearing up to chart their course through the ever-changing landscape of commerce. While innovation, market trends, and operational efficiency are…
Essential Legal Considerations for Business Acquisition in Myanmar
