The right balance between interesting and interested

Being interested and interesting

Is it better to be interesting or interested? Celebrities can get attention from being interesting and they make a lot of money from this. However, the truly great are both interesting and also interested. Have you ever been to a party and chatted to someone who was interested in you? How did this make you […]

Fraud detection for companies using SAP

Fraud detection

If you are using SAP then this article is a must read. What would you do if you could see into the future and know that something bad was going to happen? You could then take action to prevent whatever it is from happening. Some call this fortune telling. We call it fortune saving. What […]

New systems meltdown – the story of Mr Brown

Change management

Mr Brown awakes and rests on his elbow, scratching his bristled face. He can smell the stale coffee and cigarettes on his breath. One too many late nights having to catch up. The white cotton bed-sheets feel soft on his skin. He has to resist the urge to lie back down and close his eyes. […]

The dual role of Internal Audit

Internal audit and compliance

Internal Audit has an assurance role and partners with management and other parties to obtain assurance that the controls in place are working and that the business objectives are being met. This is one of the two main functions that modern Internal Audit performs, the role of assurance partner. The other function is that of […]

The anatomy of an audit (Part Two)

Internal audit execution

After planning the fieldwork can start. The audit team is delegated specific tests to perform and the fieldwork commences. Everyone should know what they are doing, time allocated and who they will be seeing. The work should be performed in sequence as per the audit programme. This prevents stops and blockages in performing the audit. […]

The anatomy of an audit (Part One)

Audit planning

Planning, planning, planning! Never forget how important planning is in making sure that an audit runs smoothly. This includes what is being audited; notifying the auditee (person being audited); collecting and analysing the data being audited; identifying key risks and scoping the audit. There are audits that must be performed so, when planning for the […]

Why you need Business Interruption Insurance in the poultry and egg business

Avian flu for pultry and egg farms

Avian influenza or bird flu refers to the disease caused by infection with avian (bird) influenza (flu) Type A viruses. These viruses naturally spread among wild aquatic birds worldwide and can infect domestic poultry and other bird and animal species. The definition of avian is avi·​an ˈā-vē-ən. : of, relating to, or derived from birds. […]

7 KEY financial services to HELP your business.

The following is a list of the services provided by Lighthouse Consultants:   1. Audits and review of your business.This includes financial and operational audits as well as developing internal financial control frameworks that help you assess and review your own controls.   2. Sustainability data audits and reviewVerification of the completeness, accuracy and validity of […]