Controls Over Cash Receipts
How will you make sure you get all the cash you receive? Controls over cash receipts are essential to prevent errors and theft. In this article we discuss arrangements you can use to make sure your get all your cash receipts. Your customers will make…
IFRS 15 – Revenue from Contracts with Customers: What is A Contract?
International Financial Reporting Standard (IFRS) 15 – Revenue from contracts with customers came into effect on 1 January 2018. It defines revenue and sets the rules for recognizing, measuring and disclosing revenue from contracts with a customer. Having a contract with a customer is a…
2019 has ended! Are you prepared for taxes?
Early preparation is the best way to avoid tax trouble and reduce your taxes. This blog discusses the issues you must address as 2019 ends. So, what must you consider? Here’s a snapshot of the issues to ponder: Obtain Taxpayer Identification Number (TIN) for all…
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