by Erasmus Pretorius | Sep 14, 2019 | Accounting Insights
The importance of internal controls should never be minimised as they are an essential aspect of risk management, financial health and compliance in business operations. They help a business owner (or the person/persons responsible) to monitor financial operations...
by Erasmus Pretorius | Sep 10, 2019 | Accounting Insights
Cloud accounting software does what all accounting software does. Though the accounting functions remain the same, cloud software is an innovative IT solution that is a step up (or three) from traditional accounting software. The difference comes in with set up, set...
by Erasmus Pretorius | Sep 7, 2019 | Tax and Compliance
If you have tried to get around paying tax, lied on your tax return, or even simply made honest mistakes, and the amount legally owed and not paid has built up over the years, you will need a lawyer. That’s a given. But Let’s assume you have been conscientious, and...
by Erasmus Pretorius | Aug 31, 2019 | Tax and Compliance
All companies are required to comply with local, national and, where applicable, International statutes. These statutes (or statutory laws) are laws and regulations that pertain to: Statutory Compliance and statutory record-keeping in: Company operations –...
by Erasmus Pretorius | Aug 20, 2019 | Accounting Insights
Payroll is the process of paying of salaries and wages to permanent and temporary employees. It can be done weekly, monthly, contractual or at irregular intervals. In order to maintain compliance with Tax and SA business practice laws and standards, it must be done...
