Select Page

Kewho Min

Kewho Min is a seasoned professional accountant with years of experience handling multi-billion dollar assets.

What is Double-Entry Accounting

What is Double-Entry Accounting

One of the key cultural advancements that made modern economies possible was the invention of double-entry accounting in the fifteenth century. The very concept of “owner equity” being reduced to a mathematical equation was a major advance that brought about the corporation, the idea of a shareholder and the relationship between owner’s equity and a company’s assets.

As important as this mathematical advancement was, it is a subject that few people outside the accounting profession understand. Given the centrality of money, business and ownership in a society and economy dominated by private enterprise and the public markets, the language of business expressed in double entry accounting is not only necessary, it is crucial.

The Equation

Double entry accounting boils down to one equation and one rule. The equation is assets = liabilities + owner’s equity. The rule is both sides of the equation must balance at all times. This is accomplished through a system of debits and credits.

A Ledger Entry

The process is called “double entry” because every transaction must be “entered” in at least two accounts. One is a debit and the other is a credit. By combining these two entries, the central equation is balanced along with the ledger itself. When the equation is in balance, it means all the funds transacted have been accounted for. It is not possible to hide entries or tamper with the ledger, as it would cause the central equation to be out of balance, meaning the books would not be in order.


The locations in which entries are made are called “accounts,” like assets, cash, expenses and so on. When a transaction takes place, an entry of either a debit or credit is made in at least two accounts to make certain the equation is balanced. For example, collecting $1.00 in sales revenue would debit the “cash” account for $1.00 and credit the “revenue” account for the same amount.

Accounting is a lot like any skill. It requires basic knowledge and considerable practice to understand well. There are a lot of details involved in keeping the books for even a modest enterprise, which is why the accounting profession is unlikely to fade away any time soon. Everyone should take at least a basic class in accounting, as it is a skill that can be used on an almost daily basis.

Consider a Career in Accounting

Consider a Career in Accounting

If you’re like millions of people in the U.S., you’re unhappy with your job. You might also be at a loss as to where to go next. Here are a few reasons you should consider a career change as an accountant.
The Pay is Excellent
When looking for a career change, one of the biggest concerns is probably the salary. You will want to know the starting salary and the earning potential as you gain more experience. Straight out of college, most entry level accountants earn around $50,000 annually. After just five years on the job, you can be earning a six figure salary. That’s in addition to the benefits package that many employers add to sweeten the pot.
Will You Be Able to Get a Job?
Along with salary expectations, this is another big concern. While many jobs are being mechanized, accountants will always be in demand. Every business, new and established, needs people who can balance books and track expenses and inventories.
What Industry Can You Choose?
Suppose you’re looking for a way to break into filmmaking or you want to start your own fashion boutique. Whatever industry fascinates you also has a need for accountants. By learning about the financial side of the business, you’ll be training yourself to start your own business. In fact, many accountants eventually start their own businesses down the road.
Will You Enjoy the Work?
Accounting isn’t for everyone. There are long hours at times and it requires spending your days sitting at a desk. If this sounds unappealing to you, maybe this isn’t the right career change. However, if you enjoy working with numbers and don’t mind a stationary position, accounting may be just the change you need.
The Educational Options
Of course, the longer you go to school, the higher your earning potential. That said, you can pursue your CPA certification in grad school or you can get a Master of Accounting degree in just one year. There are also more traditional degree programs. You can attend a brick and mortar college or obtain your degree online. Just as there are many career paths for accountants, there are many ways to get yourself qualified to do the work. It really depends on your other things obligations and how eager you are to start your new career.

A Few Basic Business Practices

A Few Basic Business Practices

If you’re considering taking the path of entrepreneurship, you’ve probably developed a business plan and started to look into funding. That’s not everything, though. You’ll have to wear many hats and that means being well-versed in these basic practices.
This isn’t something you can just throw together at the last minute. You will need to know how to balance your books and generate reports on a daily basis. You’ll also have to know how tax laws will affect your business and what documents you’ll need to regularly submit to the IRS. The better you balance your books, the easier it will be to manage your business.
This is vital to the success of your business and it embodies everything from maintaining a website to paying for advertising. You’ll also need to maintain a presence on the big social media sites, so you can build your brand. In today’s digital landscape, every business is a part of the global marketplace, so you’ll want to know your way around.
Connected to marketing, you’ll have to be able to encourage sales growth. In today’s market, that involves building long-lasting relationships with your customers, as well as reaching new consumers. Instead of the hard sell of days gone by, consumers want to know what your product can do for them. Be prepared to answer some tough questions.
Customer Service
There’s been a greater demand for quality customer service in recent years and you’ll want to devote serious time to that. The advent of online customer reviews has put business under a harsh light and the online community pays attention. This is why it’s important to address concerns and bad reviews, but without losing your own cool. Communicating publicly and attempting to address complaints without letting customers walk over you is a challenge, but, done correctly, it can work for your business.
Eventually, you’ll want to hire staff that can take on some of these duties for you. However, if you’re just launching your business, you’ll want to do as much of this for yourself as you can. Taking on these tasks personally can benefit you in the long run, because it will give you a view of these duties from the ground. This can help you identify and address problems early on and you’ll be a better entrepreneur for it.

Kewho Min

Certified Public Accountant

Learn More

About Kewho Min

Kewho Min is a diligent, knowledgable and highly motivated professional who is determined to challenge the status quo of the accounting industry. Kewho has shown his adept skill in accounting through his successful management of billion dollar inter-company balances and integration of new acquisitions of up to $3 billion in domestic and international net assets. Kewho Min has also proven his financial expertise by restructuring multi-billion dollar balances without affecting potential tax exposure or impact.

Throughout Kewho Min’s storied career, he has prepared and reviewed several U.S. Securities and Exchange Commission (SEC) documents and consolidated overall financial statements for numerous multinational corporations and investment funds. Prior to his current position, Kewho served as Corporate Controller and Vice President of Jefferies Group, LLC in Los Angeles, California. Before that, he was the vice president of Global Consolidations and General Ledger at NASDAQ (National Association of Securities Dealers Automated Quotations), the second-largest exchange in the world by market capitalization, for nearly five years.

The only other exchange platform that is bigger than NASDAQ is the New York Stock Exchange. The platform known as NASDAQ is owned by Nasdaq, Inc., which also owns the OMX stock market network and several other US stock and options exchanges. As the Vice President of GL and Consolidation Kewho Min managed eight accounting professionals and was responsible for the preparation and overall consolidation of the Income Statement, Balance Sheet, Cash Flows and Statement of Shareholders’ Equity on a monthly basis. Kewho Min’s executive role involved reviewing the Company’s 10-K and 10-Q as well as other compliance related submissions. Furthermore, Kewho assisted in the preparation and review of the Company’s 10-K and 10-Q as well as other compliance related submissions. One of Kewho’s major contributions in this role was leading the successful re-engineering of the monthly closing process, reducing the close period down from 20 days to 6 days. Always paying attention to detail, Kewho created a comprehensive model to streamline and calculate diluted share count on a quarterly basis. He also integrated new acquisitions ranging from $10 million to $3 billion in net assets, both domestic and international, while ensuring compliance and ease for reporting in US GAAP and international compliance.

Prior to his role at NASDAQ, Kewho Min served as a Vice President in Accounting and Finance at ICON Investments, a New York City-based alternative investment firm that provides innovative investment solutions to individual and institutional investors. As a Vice President, Kewho managed four accounting professionals and was responsible for the overall consolidation of the Income Statement, Balance Sheet, Cash Flows and Statement of Shareholders’ Equity for Corporate group as well as seven investment funds along with the applicable SEC filings. Ensured that Broker Dealer filings were done in accordance with various regulations.

At ICON, Kewho demonstrated leadership ability by re-engineering the quarterly closing process, ensuring that the 10-K and 10-Q for the seven investment funds were completed on a timely basis. He also redrafted each of the quarterly and annual filing for the 7 investment leasing funds to ensure that they were in compliance with USGAAP disclosure requirements. Additionally, Kewho Min worked closely with senior management and the acquisition team in determining the best utilization of the capital resources collected from the investors for the managed funds. Together with the company’s CFO, Kewho aggressively streamlined the procurement process to maximize the services provided by ICON’s vendors while minimizing the company’s cost exposure.




Kewho Min’s career trajectory wasn’t always so straightforward; as a student at Montclair State University back in January 1993, he had hardly narrowed his focus down past business administration. It wasn’t until January 1995 when he took his first accounting class with an incredible professor that he felt a spark of interest– and this spark would end up guiding the course of his career.

Kewho Min was recruited by the major public accounting firms in college, and his first position out of college was as an Associate/Auditor at Arthur Andersen, LLP. Over the next four years he worked his way up to higher-level positions at PricewaterhouseCoopers LLP, The New York Times Company, and Take 2 Interactive Software.

By the time he was hired as an Associate Manager of Financial Reporting at Nielsen, Kewho had honed his expertise in external reporting and consolidation.

In his third year at Nielsen Kewho was offered a position overseas in Haarlem, the Netherlands, which he gladly accepted. Kewho served as the lead with the international consolidation business groups to ensure consistency and accuracy in financial reporting.  Furthermore, he was an integral member of the conversion of the Dutch GAAP Financial Statements to US GAAP and IFRS in preparation for a potential US and European listing.  In 2006, Nielsen was acquired by a consortium of private equity firms, which required him to the preparer of the guarantor / non guarantor financial statements.  Following this, Kewho joined the team at ICON Investments as Vice President of Finance and reported directly to the CFO.



At ICON Investments Kewho took on both proactive and retroactive roles. One of his major retroactive accomplishments was overhauling seven active funds that had been in arrears with SEC for nearly two years. Kewho analyzed the funds, identified their issues, and revised all problems so that within just one year both funds were made current filers.  He also served as the primary technical accountant of the firm, responsible for the accounting of derivative and hedges, leases and many other technical accounting concepts.

Kewho Min continues to have an active career in finance and accounting. His managerial skills and interdepartmental tact make him an exceptional and trusted professional in the field.


Kewho Min is an executive-level accountant who currently serves as the director of global accounting at Walmart. If you are interested in contacting Kewho, please fill out the form below and he will reach out to you as soon as possible.