by admin | Mar 19, 2024 | Bussiness Management, Finance
If local myth holds true then almost everyone, according to popular media, is committing fraud. The authorities, on the other hand, vehemently denies this but will on occasion admit that something is amiss – be it money, people, body parts, and so forth. Fraud or...
by admin | Mar 15, 2024 | Bussiness Management, Finance
GAAP, the holy grail of the accounting profession, is underpinned by a variety of “AC” Statements, making it the sacred realm where only angels and demons fear to tread. Little men in pin striped suits who drive luxury German sedans and call themselves auditors use...
by admin | Mar 7, 2024 | Bussiness Management
I have been asked on more occasions than I care to remember to draft/document the Levels of Authority for various businesses. Sure, these levels are intrinsic in the safeguarding of assets and fraud prevention, plus they are a cornerstone of a robust system of...
by admin | Feb 27, 2024 | Bussiness Management
Risk Management was always viewed as Audit’s evil twin. It is a necessary but unpleasant experience which management hates because it provides direction to assurance providers, allowing them to focus on areas of a business which may represent deficiencies in...
by admin | Feb 22, 2024 | Bussiness Management
Imagine being a Financial Services Provider (broker) selling an insurance product like, say, Loss of Employment to a pensioner; a Retailer peddling the equivalent of a tomato box covered in Crazy Store fabric as a Chaise Lounge sofa; or a lender overextending clients...
by admin | Feb 13, 2024 | Bussiness Management
In my time, I’ve learnt to cherish the present and not dwell on the past; reflect and savor the precious moments life has to offer; be determined in pursuit of my goals; and resilient in the face of adversity. But above all, I’ve stayed true to myself – in both...