“The financial year-end comes and goes, so now the financial department knuckles down to its yearly wrap-up while the other departments compile their results.” Use the annual report as a management tool and ease the year-end pain The second of South Africa’s bi-annual reporting ‘silly seasons’ ends in early October. Like me, hundreds of weary…
Details“Websites need maintaining, not just the content but also the look and feel. Sixty-seven per cent of firms surveyed have had their websites redesigned in the last three years.” A survey of 250 UK accounting firms reveals eye-opening results PracticeWEB in the UK recently published a comprehensive report regarding online trends which reveals some interesting…
DetailsFinding your company’s ‘sweet spot’ reporting solution among a welter of packages You don’t need to go to extremes to remove the pain and risk in using spreadsheets – there are dependable, fast and easy solutions available to automate and manage your consolidation needs. The Catch-22 One can easily design extensive financial reports, with a…
Details“Attempting to correct a misguided contract or tender after the award is often too late and the damage will have already been done.” Gaining popularity – a procurement process for minimising potential corruption and controversy in tender awards We can expect an upsurge in the demand for proactive procurement reviews after the Finance Minister has…
Details“South Africa has been ranked 52nd out of 60 economies in Grant Thornton’s new GDI 2013 report (43rd out of 50 in 2012).” Career Suite – numbers to remember Number of committees and mentors Member type Committees Mentors Total Individual 3 1 4 Member CA(SA) 40 19 59 Staff 1 1 2 Trainee 1 2…
DetailsThe latest revenue standard proposes a single, complete revenue recognition model applicable to all contracts with customers. The International Accounting Standards Board (IASB) and the United States Financial Accounting Standards Board (FASB) indicated that the new revenue standard will be issued in the third quarter of 2013. BACKGROUND The process of compiling a new revenue…
DetailsFor the first time in working environments, four generations will be functioning together. A plan is needed to manage these differences to the advantage of your employees, so that your company benefits. Globally growth-leading companies have something in common: a relentless focus on talent from the pit of generations. They are very intentional about this.…
DetailsThe ratio of non-equity partners in accounting firms is on the rise. Accounting firm owners traditionally balance the requirement for capital to be introduced with the desire to add owners. However, the increasing costs associated with running an accounting firm, as well as ever-changing regulation and economic fortunes, promote an alternative or possibly a trial…
DetailsWhich aspects will make your CV stand head and shoulders above the rest? Creating a CV is essentially an exercise in advertising, with you as the product. Your future success in securing your ideal career opportunity depends on the quality of the document you create. Understand the opportunity, organisation and position that you are applying…
DetailsDon’t spend on unnecessary insurance and grow your own insurance fund investments. Let me start by saying that this piece is not about a stokvel. While the principles might be similar, I can’t say I have family and friends that I trust enough. However, if you do live in a community where you are able…
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