by Daryl Lum | Apr 12, 2024 | Glossary
Fiduciary duties refer to the highest standard of care imposed by law or equity on individuals who manage the assets or interests of others. These duties are entrusted to individuals or entities (fiduciaries) who have a relationship of trust and responsibility with...
by Daryl Lum | Apr 12, 2024 | Glossary
The term Chief Executive Officer, or CEO, refers to the most senior executive decision-maker in the company. In many instances, the term CEO and Managing Director (MD) is used interchangeably. The Companies Act defines the CEO as a person who is principally...
by Daryl Lum | Apr 12, 2024 | Glossary
Bookkeeping entails the systematic organisation, categorisation, and preservation of a company’s financial records. This process includes documenting transactions and keeping financial documents to oversee the financial well-being of a business. Nowadays, most...
by Daryl Lum | Apr 12, 2024 | Glossary
A board meeting in Singapore is a formal gathering of the directors of a company to discuss and make decisions on the company’s strategic, operational, and financial matters. These meetings are crucial for the governance and management of the company and...
by Daryl Lum | Apr 12, 2024 | Glossary
Capital encompasses a wide array of assets that deliver value or benefits to their owners, including tangible assets like factories and machinery, intangible assets such as patents, and financial resources of both businesses and individuals. Though often equated with...
