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

  • The 2013 tax-filing season for individual tax payers has come and gone. But this doesn't mean you shouldn't prepare for next year's filing season. Part of your preparation includes ensuring your tax consultant is registered with SARS. Here's how to do this......
  • [27 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]
  • Four simple steps to stop purchasing fraud happening to your business
  • Don't think fraud can happen to you? Think again! That's exactly what Ike Cellular's management thought before they became a victim. You see, at Ike Cellular, Grace the bookkeeper places all the company orders, checks them and captures the supplier invoices. When Grace is off, Paula handles the orders on her behalf. What Paula discovered a few months ago shocked her! Read on to find out what happened, and how you can avoid fraud related shocks in your company.... ››› more
  • [13 November 2013]
  • Three things you must remember about insurance and accounting
  • 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 peculiarities you need to know... And by failing to know about these - and account for them correctly - you could make dangerous errors!... ››› more
  • [13 November 2013]
  • Make sure you keep these ten accounting records - or else
  • Keeping SARS happy, while also meeting business accounting requirements, means there are a lot of records you have to keep... Here's what you need to use you don't get in trouble.... ››› more
  • [12 November 2013]




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