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Categories
Tag Archives: Financial
Misconceptions about the roles and responsibilities of the auditor
The public is seeking answers after the spate of corporate collapses and significant financial losses, and auditors have come under intensive scrutiny and criticism. Some believe that this may be due to an expectation gap that has developed between the … Continue reading
Posted in Accounting, Finance
Tagged Financial, ISA, misconceptions, responsibilities
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The audit process
To get a better understanding of the audit process, we can take a look at the definition of an audit. Audit – “an official inspection of an organisation’s accounts, typically by an independent body”. An efficient audit is one that … Continue reading
Posted in Auditing, Finance
Tagged AUDIT, Financial, inspection, organisation, process, risk, statements
Comments Off on The audit process
THE PSYCHOLOGY OF ETHICAL BEHAVIOUR
In a country where unethical behaviour and blatant corruption by political and business leaders seem to be the norm, more and more people are asking what causes it and how it can be prevented. Dr Renate Scherrer What it means … Continue reading
ESTABLISH WHO THE EXECUTOR OF THE ESTATE IS
If the deceased had a will, they may have nominated an individual or a financial institution to perform the function of the executor of the estate. If no executor is nominated or the nominated executor is unable or refuses to accept … Continue reading
FINANCIAL RISK MANAGEMENT FOR YOUR SMALL BUSINESS: DO YOU KNOW HOW TO DO IT?
Is it really necessary to be able to manage financial risk? The answer is a definite “Yes!” It can make the difference between having a successful business or being forced to close down the business. Make sure you give your … Continue reading