In a world of digital financial networks and online commerce, the risks of cyber fraud are greatly increased. With the continuous advancement of technology and the ever-growing reliance on digital platforms for financial transactions, businesses are faced with new and evolving threats from cybercriminals. These criminals utilize a range of tactics and techniques to target and exploit vulnerabilities in computer systems, networks, and devices.
Read MoreTopics: Business Improvement, Risk Management, technology, Fraud
What is the end game for your business? Succession is not just a topic for a TV series or billionaire families, it’s about successfully transitioning your business and maximising its capital value for you, the owners.
Read MoreTopics: Estate Planning, Business Planning, Succession
The 120% skills and training, and technology costs deduction for small and medium business have passed Parliament. We’ll show you how to take maximise your deductions.
Read MoreTopics: Tax, technology, Accounting
All businesses should carefully monitor their cash position.
Healthy cash reserves enable investment in growth, allow distributions to owners or - for some businesses - can be a matter of survival. In any case, cash management is critical.
One way to improve the cash position is to carefully manage Accounts Receivable (or collections). Here are some Best Practices which can positively impact the cash position.
Read MoreTopics: Business Improvement, Accountability, Optimisation
Employing remote workers presents additional challenges related to financial controls.
Managers and employees may not believe they are at risk but studies by the Association of Certified Fraud Examiners show companies with fewer than 100 employees are more likely to lose money to fraud.
Leaders need to demonstrate the importance of improving financial security and minimising risk. Here are measures they can take.
Read MoreTopics: remote, Accountability, Employment