Read more about the article Importance of Maintaining Your Company’s Financial Records
One of the easiest ways for business owners to mess things up is by failing to maintain proper financial records for their businesses. Unless a company maintains its financial records in an organised and updated manner, it can never ensure the smooth operation of any of its processes or eventually achieve success in the long run. In this blog post, we will explore why maintaining financial records is essential for any business, regardless of size.

Importance of Maintaining Your Company’s Financial Records

One of the easiest ways for business owners to mess things up is by failing to maintain proper financial records for their businesses. Unless a company maintains its financial records…

Continue ReadingImportance of Maintaining Your Company’s Financial Records
Read more about the article Understanding the Difference Between a Bookkeeper and an Accountant: Essentials for Your Business’s Financial Success
Understanding the Difference Between a Bookkeeper and an Accountant: Essentials for Your Business’s Financial Success

Understanding the Difference Between a Bookkeeper and an Accountant: Essentials for Your Business’s Financial Success

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…

Continue ReadingUnderstanding the Difference Between a Bookkeeper and an Accountant: Essentials for Your Business’s Financial Success

Navigating The FRC Renewal Process In Myanmar: Your Comprehensive Guide With DFK FocusCore Myanmar

Renewing your Foreigner Registration Certificate ("FRC") for foreigners residing in Myanmar before December 31st is essential. Beyond being a legal obligation, it is a crucial measure for the seamless renewal…

Continue ReadingNavigating The FRC Renewal Process In Myanmar: Your Comprehensive Guide With DFK FocusCore Myanmar

Success during COVID-19: Myanmar SME receives Government COVID-19 Fund at 1% interest with the assistance from FocusCore Corporate Services.

As the financial market in Myanmar tries to reform from a collateral-based loan to credit-based system, having a GAAP accounting system to monitor the company’s financial position and performance becomes…

Continue ReadingSuccess during COVID-19: Myanmar SME receives Government COVID-19 Fund at 1% interest with the assistance from FocusCore Corporate Services.

Myanmar MIC approval for Lippotex: Penang based manufacturer focused on textile related products and work wear apparel find synergy with FocusCore Myanmar.

Founded in 1997, Lippotex Industries produced sportswear and knitted garments for export markets. Adapting the changes of market and world economy, they then expanded their product range to woven fabric…

Continue ReadingMyanmar MIC approval for Lippotex: Penang based manufacturer focused on textile related products and work wear apparel find synergy with FocusCore Myanmar.