Over the past few weeks I’ve heard mutterings about Greece fiddling its figures in order to gain entry to the Euro and the sentiments in this blog crossed my mind at the time. However suggestions of fraud (or similar) should not be taken lightly and I decided to keep my thoughts to myself. Mutterings are one [...]
Archive of posts filed under the Accounts category.
Double dip or not – 5 tips for steering through uncertain conditions
When the credit crunch hit I was struck by how many businesses adopted a slash and burn mentality. Doubtless many businesses had been complacent and there was fat that could be trimmed, but also there was a reluctance to spend money on the things that would take them forward, whether it was marketing, skills, IT or [...]
Is “audit” an emotive term?
For many people their experience of audits is of external audit, which to a large extent is a forced purchase required by law. For the uninitiated an external audit is carried out by an independent firm of accountants and its main focus is forming a view on whether the annual accounts give a “true and [...]
Sustainability isn’t just for eco geeks
I am not one to jump on bandwagons. Buzz words do nothing for me. However I do also look to improve the way things can be done. I recently attended an excellent event hosted by Knowledge Peers “Sustainability: Win in Business”, the speakers included small business owners who have applied sustainability in their business, consultants [...]
How fraud prevention can improve profits and cash flow
In my last blog I spoke about the increased risk of fraud in the current climate and the challenges of SMEs in preventing fraud. Whilst businesses can thrive on friendliness, informality can also result in loose procedures that leave a business exposed to fraud or error. Here are some tips which should not only help [...]
Management accounts: are beans part of your recipe for success?
As mentioned in my previous blog the eyes of many small business owners can glaze over at the thought of looking at a set of accounts. I can sympathise – going through lots of badly laid out and sometimes unimportant information is not appealing! As a numbers person I can handle it, but for non [...]
