5 ‘MUST KNOWS’ ABOUT MONEY and what DRIVES IT.

How to get more money

What is Money Money is the one thing most people dream of. Money is the one thing most people study. Money is the one thing most people plan and sometimes kill for. Some people call Money the root of all evil. In truth Money is Energy. If you do not have enough money your business […]

6 WINNING points about Disbursements that could save your company

Spending

How you handle Disbursements is a major aspect in any business. 1. You need to know what is coming in but you also need to know what is going out. Going out, DISBURSEMENTS, breaks down into what is needed and what is wanted. 2. Disbursements need to be controlled more than anything else. This determines […]

New systems meltdown – the story of Mr Brown

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 anatomy of an audit

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 […]

SAP continuous monitoring of data real-time

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 […]

What is your business landscape?

When looking at any business or operational environment from an Internal Audit and Management point of view, the landscape must be clearly defined by policies and procedures as well as training manuals and standard operating procedures (SOPs).  This allows employees to know their function and how this relates to the overall product of the department […]

Reporting and review of Sustainability data – It is your responsibility

It is becoming more and more important for companies to start measuring their sustainability – in particular their environmental data as relates to a company’s carbon footprint.  Carbon tax is on the way and you need to have a robust reporting system to show completeness, accuracy and validity of the reporting behind carbon emissions (CO2e). Sustainability […]

Is scarcity a global agreement?

Are we all in agreement that there is scarcity.  The scarcity concept or mentality is pervasive across all aspects of modern society.  Scarcity of water, scarcity of electricity, scarcity of good people.  Women cannot find a good man.  Men cannot find a good woman.  There is scarcity of time and for most there is scarcity […]

Whatever you are doing you are taking an action

What is the only way to move forward?  You have to take that first step and then the next one. This is positive action.  There is also such a thing called negative action.  If you are retreating or going backwards then this is an action.  If you are sitting still and waiting, this is an […]

Can you trust your employees

Can you trust your employees?  Do you have controls and monitoring systems in place to detect fraud or any transgressions or non-optimal performance within your company? Are you monitoring revenue and costs? If the answer is “No” to any of these questions then you are haemorrhaging cash.  This is a fact.  Without monitoring systems there […]