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Strikes can cripple your business
>>Find out how you can prevent them<<
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

  • How to correctly account for travel expenses
  • Whether you're the company charging for travel time, or you're the company receiving invoices that include travel expenses from a consultant, you'll need to account for this effectively. Let's have a look at how to account for travel reimbursements effectively. ››› more
  • [26 September 2013]
  • It's possible to misspend R3.65 billion if you don't have this solution
  • A recent news article on government spending reported that Public Works has misspent R3.65 billion since 2009. That is a staggering amount of money to misspend! But this phenomenon isn't limited to the public sector. ››› more
  • [26 September 2013]
  • Insurance claim on a destroyed asset? Here's how to account for its disposal
  • When you enter into an insurance contract, the accounting treatment of insurance costs is the same as when you account for any other costs in your business. But insurance has a few details you need to know about. Read on to discover how to account for an insurance claim where the asset is totally destroyed under the disposal method of accounting. ››› more
  • [23 September 2013]
  • Part 2: Six solutions to prevent internet payment fraud
  • In part 1(https://fspbusiness.co.za/articles/accounting/part-1-six-internet-payment-fraud-schemes-you-need-to-watch-out-for-2826.html) of our two part newsletter series on internet payment fraud, we looked at the six internet payment fraud schemes you need to look out for. Now let's have a look at the top tips to keep internet payment fraud out of your business... ››› more
  • [13 September 2013]
  • Revealed: One common FSF scheme your business MUST be aware of
  • Financial Statement Fraud (FSF) happens when assets, revenues and profits are deliberately overstated. Or when liabilities, expenses and losses are intentionally understated in financial statements. Luckily, there's a way to avoid fraud on your financial statements. Read on to discover the two types of FSF you need to be aware of and how to identify their red flags... ››› more
  • [05 September 2013]
  • Writing an SOP to manage your inventory? Follow these six rules to ensure it's effective
  • A Standard Operating Procedure (SOP) gives a detailed description of the process you must perform on a regular basis. It ensures you perform the task consistently with a standard method and policy. Here are six rules you must follow if you're creating an SOP to manage your inventory. ››› more
  • [30 August 2013]
  • Revealed: The pros and cons of a finance lease and an operating lease
  • When you buy an asset, you have two choices. You can buy it outright or as an operating lease or a finance lease. You need to know the consequences of both so you can structure an agreement that'll help you save yourself time, money and effort. Here are the pros and cons of a finance lease and an operating lease. ››› more
  • [28 August 2013]
  • Reserve a company name online in nine steps
  • Did you know that the Companies Act allows you to register a defensive name? The purpose of registering a defensive name is to protect it from use by other companies if, for instance, you want to open your own business at a later stage. In other words, it helps you reserve your company name so no other company can use it. But how do you actually reserve your company name? ››› more
  • [23 August 2013]



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The boss doesn't ask "how?" but "how much". You're the one who has to juggle figures
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