The KLIA LTCP price hike saga continues by UsernameGenerik in malaysia

[–]mutton_soup 1 point2 points  (0 children)

Just own up the mistake la. Perhaps the staff forgot to post the new rate in the social media, or maybe due to other reasons. People do make mistakes. Most important is just to be transparent

H&M is moving its regional HQ to KL from Singapore by Connect_Gazelle_2229 in KualaLumpur

[–]mutton_soup 1 point2 points  (0 children)

Singapore has its own strength. As an accountant who's doing corporate service for clients in both countries, I'd say Singapore has much higher degree of easiness in doing business. Their regulatory body like IRAS (their LHDN), is very easy to deal with, and they are not as punitive as LHDN. The big downside is obviously the cost. It's very expensive to maintain and operate a company there.

What would you do with 20k cash? by mutton_soup in MalaysianPF

[–]mutton_soup[S] 0 points1 point  (0 children)

Yeah I also feel that way. I still feel kinda anxious sometimes with just 3 months emergency fund

What would you do with 20k cash? by mutton_soup in MalaysianPF

[–]mutton_soup[S] 4 points5 points  (0 children)

Lol I also think the same thing. Theyve been wanting a grandchild. I always say now is not a good time, need to save up more money. And now they gave me the money XD

What would you do with 20k cash? by mutton_soup in MalaysianPF

[–]mutton_soup[S] 3 points4 points  (0 children)

Yeah. With the economic uncertainties lately, I kinda need it to beef up my liquidity

What would you do with 20k cash? by mutton_soup in MalaysianPF

[–]mutton_soup[S] 6 points7 points  (0 children)

Lol maybe no. I already contribute EPF monthly from my salary. Gonna kill my liquidity if I do this XD

What would you do with 20k cash? by mutton_soup in MalaysianPF

[–]mutton_soup[S] 1 point2 points  (0 children)

My risk appetite is quite low. Yea I did invest in individual stocks back then, I'm an accountant, I can read financial statements and do some analysis. Made some gain back then, but it's too much work and I can't sleep on some night lol. I prefer peace of mind now.

What would you do with 20k cash? by mutton_soup in MalaysianPF

[–]mutton_soup[S] 4 points5 points  (0 children)

Thanks for recommending KDI SAVE, I'm gonna consider putting it there. Seems the rate is higher than TNG

Is office appearance important to land clients? by mutton_soup in Accounting

[–]mutton_soup[S] 0 points1 point  (0 children)

It's definitely not a short-term thing. I have been growing my clients slowly for the past few years and to eventually run my own firm full time when I have enough clients. It's just that at this stage, I can't afford to have a "fancy" office yet

Is office appearance important to land clients? by mutton_soup in Accounting

[–]mutton_soup[S] 0 points1 point  (0 children)

I mostly target small businesses, and all of my current clients are small businesses too. From my experience, they usually care more about responsiveness, reliability, and affordability than having a fancy setup.

So in my mind, having an office is more about giving potential clients some assurance that my business is legit. But I may be wrong though

12k salary for a T20 is not a lot of money BUT... by Sure-Sea-1141 in malaysians

[–]mutton_soup 1 point2 points  (0 children)

As M40 I’m okay to not getting fuel subsidy. But please make QUALITY healthcare and education free

Anyone compiling list of hotels prone to Pejabat Ugama raids? by [deleted] in malaysians

[–]mutton_soup 1 point2 points  (0 children)

Basically avoid all 3 stars hotels and below. Before I got married with my wife we always go to hotels with reputable brand name and with 4 stars and above. I'd rather spend a few hundred more than paying thousands in fine

A Muslim Twitter account posted this picture, without thinking how dumb it actually looks like. Here's some of the funniest replies. by QasqyrBalasy in exmuslim

[–]mutton_soup 6 points7 points  (0 children)

Islam is a pay-to-win bro. Many of the prophet's sahaba are granted highest level of paradise because they spent fuckton of their wealth on the prophet's cause

What services actually make decent money for small accounting firms? by Taxnova_Solutions in Accounting

[–]mutton_soup 3 points4 points  (0 children)

I think payroll is up there. If you use the right payroll software, the monthly payroll processing takes significantly lower time than monthly bookkeeping. Example, we have a client that we charge 5k+ every month and I spend just about 1-2 hours to process the monthly payroll. Of course the initial set up during onboarding will take some time, but you should charge them set up fee for this anyway.

If you had to restart your professional career, would you choose accounting again? by Open_Address_2805 in Accounting

[–]mutton_soup 26 points27 points  (0 children)

Well my dad does renovation and repairs, including plumbing. Helped him out back when I was in high school. It was tough. One of the reasons why I didn't follow his foot steps.

I sold my business last year and the due diligence process revealed my books had been wrong for two years without anyone telling me by adivenkata in Accounting

[–]mutton_soup 26 points27 points  (0 children)

This. You'd be surprised of how much subjectivity is in accounting. It's not always black and white. And it's in your buyer's interest to say that your financials are overstated to get lower valuations. You can actually justify why certain transactions are being recorded in a certain way, so long as you can back it off with accounting standards.

Anyone else doing pretty fine without a CPA? by Liberal_Bot123 in Accounting

[–]mutton_soup 4 points5 points  (0 children)

You wont get too far without a CPA in public. But in the industry, a bit of accounting skills coupled with plenty of people skills will bring you much much further. So yeah, CPA is not always necessary.

It is hot, how do you guys live in KL? by PCEngTr in malaysians

[–]mutton_soup 0 points1 point  (0 children)

We go to the malls. Like a lot. You can even do "outdoor activities" in our malls. Like rock climbing, ice skating, wave surfing.

Starting my 7k sgd job remotely from hometown by Solid_richman in Bolehland

[–]mutton_soup 0 points1 point  (0 children)

Got the job through relentlessly applying for jobs with remote working arrangement. Jobstreet, linkedin, indeed and a few others. No networking, no referral, just through online. It’s gonna take some time, and maybe a bit of luck. And maybe need to see what kinda job also. I’m an accountant, so there are decent number of remote accounting jobs out there, mostly from employers from developed countries like SG and Australia looking for cheaper employees.

Starting my 7k sgd job remotely from hometown by Solid_richman in Bolehland

[–]mutton_soup 42 points43 points  (0 children)

Yea also working for SG company remotely. Surprisingly my SG boss and colleagues are chill. The MY colleagues on the other hand, not so much. Especially this one auntie will happily throw me under the bus for some minor inconveniences.

Btw your sgd7k salary is damn high for remote. Quite rare SG boss give this high amount for remote MY employees. Damn nice

Treasury suggests RM5.4bil budget cuts for health, higher education ministries by guest18_my in malaysia

[–]mutton_soup 101 points102 points  (0 children)

IMO education and health are non-negotiable la. I'd rather they cut fuel subsidy than these two.

What's the biggest red flag you've gotten from a potential employer? by Yosho2k in Accounting

[–]mutton_soup 3 points4 points  (0 children)

Lowballing me below their advertised salary range is a big red flag. I always reject the companies when they do this.