Profit and Loss

Profit and loss, often abbreviated as P&L, refers to a financial statement that summarizes the revenues, expenses, and resulting net income or loss of a business over a specific period. Understanding the concept of profit and loss is essential for assessing the...

Proxy

A proxy refers to a person or entity authorized to act on behalf of another individual or group, typically to represent their interests or exercise their rights in a legal or corporate context. Understanding the concept of proxy is essential for shareholders,...

Public Company

A public company, also known as a publicly held company, is a business entity whose ownership is distributed among the general public through the sale of shares of stock. Understanding the concept of a public company is essential for investors, stakeholders, and...

Publicly Traded Company

A publicly traded company, also known as a public company, is a business entity whose shares of ownership, or stocks, are available for purchase and sale on a public stock exchange. Understanding the concept of a publicly traded company is essential for investors,...

Personalised Employment Pass (PEP)

The Personalised Employment Pass (PEP) is a work pass issued by the Ministry of Manpower (MOM) in Singapore. It is designed for high-earning foreign professionals who wish to work and live in Singapore independently of any specific employer. The PEP allows holders...

Registrar of Societies

The Registrar of Societies (ROS) is a governmental agency responsible for the registration and regulation of societies and associations in Singapore. Understanding the role of the Registrar of Societies is essential for organizations seeking legal recognition and...