Credit Risk for Business
There’s an old accounting adage “Turnover is vanity, profit is sanity and cashflow is king.” What does it really mean? And how does it affect the banks appetite to lend? Let’s start by understanding what each of the following means: Turnover: this is the total amount...
The wondrous possibilities of an infinite mindset
How do you go about setting your goals and measuring the outcomes of these goals? When you do this, who do you measure yourself against? We tend to focus our energy on being better (or becoming better) than each other, whether we compare ourselves against competitors,...
Public Officer – Your Company SARS Tax Representative
You might hear the word “public officer” spoken frequently by your accountants and tax practitioners. A new buzz word for SARS. As per SAICA (The South Africa Institute of Chartered Accountants), the following defines the term: “A public officer is the representative...
Is A Logbook Really Necessary?
With the SARS annual personal income tax filing period just around the corner, I thought it would be the perfect time to share one of my personal efficiencies that helped me through this year. Normally I personally hated the process of filing my own submission, but...
Recent Comments