The Effects of Having Accounting Knowledge on Startups in Klang Valley, Malaysia

Accounting knowledge is considered the most important knowledge that entrepreneurs and startups should have. In addition, accounting knowledge allows its users to identify and solve the financial problems within a business, which also assists them in the process of decision-making. However, many of...

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Main Authors: Saif, Abdullah, Abd Raub, Noor Adila
Format: Article
Language:English
Published: UUM Press 2023
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/30054/1/JES%2005%2002%202023%2025-42.pdf
https://doi.org/10.32890/jes2023.5.2.2
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author Saif, Abdullah
Abd Raub, Noor Adila
author_facet Saif, Abdullah
Abd Raub, Noor Adila
author_sort Saif, Abdullah
collection UUM
description Accounting knowledge is considered the most important knowledge that entrepreneurs and startups should have. In addition, accounting knowledge allows its users to identify and solve the financial problems within a business, which also assists them in the process of decision-making. However, many of the startups have only the knowledge of their own profession, which they have been educated for. The aims of this paper are to find out the effects of having basic accounting knowledge, cash management knowledge, and short-term financing knowledge on startups’ success. The research yet to be done suggesting a quantitative method to be used in gathering the required information from the targeted respondents within the area of Klang Valley, Malaysia, to identify the relationship between the variables of accounting knowledge and startups’ success. However, the suggested targeted population startups and entrepreneurs who have their own business without considering the registration status of their business, and the author believes that the aims of the study will be presented fairly by targeting the mentioned population. Therefore, the paper will be based on a literature review and further recommendations for the continuation of the research.
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spelling uum-300542023-11-28T13:30:18Z https://repo.uum.edu.my/id/eprint/30054/ The Effects of Having Accounting Knowledge on Startups in Klang Valley, Malaysia Saif, Abdullah Abd Raub, Noor Adila HF5601 Accounting Accounting knowledge is considered the most important knowledge that entrepreneurs and startups should have. In addition, accounting knowledge allows its users to identify and solve the financial problems within a business, which also assists them in the process of decision-making. However, many of the startups have only the knowledge of their own profession, which they have been educated for. The aims of this paper are to find out the effects of having basic accounting knowledge, cash management knowledge, and short-term financing knowledge on startups’ success. The research yet to be done suggesting a quantitative method to be used in gathering the required information from the targeted respondents within the area of Klang Valley, Malaysia, to identify the relationship between the variables of accounting knowledge and startups’ success. However, the suggested targeted population startups and entrepreneurs who have their own business without considering the registration status of their business, and the author believes that the aims of the study will be presented fairly by targeting the mentioned population. Therefore, the paper will be based on a literature review and further recommendations for the continuation of the research. UUM Press 2023 Article PeerReviewed application/pdf en cc4_by https://repo.uum.edu.my/id/eprint/30054/1/JES%2005%2002%202023%2025-42.pdf Saif, Abdullah and Abd Raub, Noor Adila (2023) The Effects of Having Accounting Knowledge on Startups in Klang Valley, Malaysia. Journal of Economics and Sustainability (JES), 5 (2). pp. 25-42. ISSN 2637-1294 https://e-journal.uum.edu.my/index.php/jes/article/view/18592 https://doi.org/10.32890/jes2023.5.2.2 https://doi.org/10.32890/jes2023.5.2.2
spellingShingle HF5601 Accounting
Saif, Abdullah
Abd Raub, Noor Adila
The Effects of Having Accounting Knowledge on Startups in Klang Valley, Malaysia
title The Effects of Having Accounting Knowledge on Startups in Klang Valley, Malaysia
title_full The Effects of Having Accounting Knowledge on Startups in Klang Valley, Malaysia
title_fullStr The Effects of Having Accounting Knowledge on Startups in Klang Valley, Malaysia
title_full_unstemmed The Effects of Having Accounting Knowledge on Startups in Klang Valley, Malaysia
title_short The Effects of Having Accounting Knowledge on Startups in Klang Valley, Malaysia
title_sort effects of having accounting knowledge on startups in klang valley malaysia
topic HF5601 Accounting
url https://repo.uum.edu.my/id/eprint/30054/1/JES%2005%2002%202023%2025-42.pdf
https://doi.org/10.32890/jes2023.5.2.2
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