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Accounting and Tax Club
Latest news

What can you do about employees who didn't show up to work because of today's taxi strike?

It's a jungle in Jo'burg this morning. Not only is the heavy raining causing havoc on the roads, but thousands of workers are stranded due to today's National Taxi Alliance (NTA) strike. And that's bad news for your business. Here's what you need to know about how to handle employees who couldn't [read more...]

How to avoid a Miss SA type nepotism scandal in your workplace

There's a fresh scandal surrounding the Miss South Africa pageant. A few weeks back, news reports indicated that the general public wasn't happy with the choice of judges for the pageant. Now there's a rumours of t. And it's put the spotlight back on nepotism in the workplace. [read more...]

Strikes: What does 'issue in dispute' mean?

News reports this morning indicate that government intends to meet with the Association of Mineworkers and Construction Union (Amcu) today in a last ditch attempt to halt a mass strike in the mining sector. The looming strike, which is expected to have a devastating impact on the economy, has [read more...]

Accounting

  • Revealed: Five red flags that equity investors look for
  • If you're looking for financing for your business, it's important to be aware of what potential debt funders will look at in your financial statements when determining if you can repay the debt or generate returns on the investment. Read on to discover the five red flags that equity investors look for. ››› more
  • [11 December 2013]
  • Do you know what's included in Books of Account?
  • We had such great feedback from our last question and answer bulletin on travel expenses (https://fspbusiness.co.za/articles/accounting/the-correct-way-to-allocate-travel-expenses-when-you-charge-clients-3269.html#.UqBX9Sd_BLc) that we decided to send you another interesting question and answer. Our reader Meisie asked, what are 'Books of Account'? Let's look at the full question, and see what a fellow Accounting and Tax Club (http://www.accountingandtaxclub.fspbusiness.co.za/) member says. ››› more
  • [06 December 2013]
  • The correct way to allocate travel expenses when you charge clients
  • If you spend any money travelling to clients, you'll know that the expenses quickly rack up. Most companies charge their clients for these travel related costs. But do you know how to account for these in the best way, so you don't have to pay any additional charges on the amount? Have a look at this question we got on the Accounting and Tax club and the answer from our expert Alan Lewis, Tax Advocate. ››› more
  • [29 November 2013]
  • Use this method to make the best capital investment appraisal for your business
  • Management uses capital investment appraisal to analyse and evaluate investment projects (and this might include simply replacing a business asset, such as the company delivery van). But without a sound appraisal method in place, you won't get a true picture of the risk versus the returns. And this could severely impact your cash flows. Here's some great advice from the experts... ››› more
  • [26 November 2013]
  • Staying in the black: Here's how to manage your debtors, creditors and inventory to stay cash healthy
  • One way to boost your business's cash flow is to improve the ratio of debtors to creditors. The idea is to keep the money in your bank account for longer and pay their money as late as possible. If the relationship is managed well, it becomes easier to negotiate longer payment terms. ››› more
  • [22 November 2013]
  • Is the Vatican ready for its audit, or will the Pope be coughing up thousands in audit fees?
  • US accounting firm Ernst & Young is getting ready to audit the finances of the Vatican City, with its 19 000 accounts. Apparently Pope Francis wants to clear financial skeletons out of the Vatican's closet... But is the Vatican prepared for the audit? Or will it be coughing up thousands in audit fees? And will you do the same when SARS knocks on your business's door? ››› more
  • [20 November 2013]
  • Want to negotiate the best type of lease for your business? Here's what to do...
  • Have you considered that your lease agreement may put your business in a poor financial position? But is there any way to control the type of lease agreement a business signs? And what factors should you consider when evaluating a lease agreement? Today, we look at this vital business issue. ››› more
  • [19 November 2013]



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