Articles

For Business

We present articles here that are of interest to people who run a business; either for themselves or someone else.

Also look at some of our e-newsletters that will keep you current with the latest news.

 

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  • 5th Mar 2013

    Conduct of an audit

    At Saward Dawson we undertake our audits in accordance with the requirements of the Australian Auditing Standards. The standard set out the requirements, processes and reporting to be followed in the...
  • 5th Mar 2013

    The audit process - Reporting

    During the reporting stage of the audit we will communicate with both management and the governance members. Audit Guide - The audit process
  • 5th Mar 2013

    The audit process

    The audit process includes the assessment of risk associated with the information being audited and the execution of various audit procedures including: review and testing of internal controls...
  • 27th Feb 2013

    Victorian Fire Services Levy

    Victorian businesses and property owners will be affected by a new system of charging the, already existing, Fire Services Levy.
  • 16th Feb 2013

    Build value - A strategic plan

    Firstly, it is essential to be clear why you are in business. Then develop a dynamic, concise strategic plan. Set clear goals for your business and determine measurable outcomes. These will then...
  • 16th Feb 2013

    Build value - Personnel

    People are usually the key to success
  • 16th Feb 2013

    Build value - Importance of technology

    Falling behind in technological developments can be detrimental
  • 16th Feb 2013

    Build value - Systems and processes

    Create a culture of continual process improvement
  • 16th Feb 2013

    Business value - Sustainable profitability

    Does the profitability match my expectations?
  • 16th Feb 2013

    Business value - Managing risk

    You could be adversely impacted by unexpected events
  • 16th Feb 2013

    Business value - Reporting for decision making

    Effective financial reporting enhances your ability to make timely decisions based on quantitative evidence. What information do you need to run your business effectively? Are you getting the most...
  • 16th Feb 2013

    Business value - Cash flow and finance

    All businesses need initial and ongoing funding to build and support growth. Do you understand how your business is currently funded? What is your reliance on internal/external funding? Understand...
  • 16th Feb 2013

    Business value - Business drivers

    Ensure your team understands drivers that determine success
  • 16th Feb 2013

    Business value - Get the right advice

    It can be lonely in business. But the issues that you face are quite possibly the same as many others in similar circumstances. So get the right advice. There are plenty of avenues to explore: Peers...
  • 16th Feb 2013

    Business value - Develop a succession plan

    There are quite a few options apart from open market sale
  • 7th Feb 2013

    FocusOn - Key controls - Payroll

    Ensuring that you have adequate internal control in the payroll area is imperative
  • 2nd Feb 2013

    FocusOn - Key controls - General journals

    The general journal cycle is a unique system which differs significantly from the revenue, expenses and payroll cycles.
  • 6th Jan 2013

    Put aside funds for tax

    We advise clients to put aside around 30% of their profit for tax and this is just as important when starting out.
  • 6th Jan 2013

    Be prepared to chuck it in

    Being realistic is essential. It is better to walk away from a business with your marriage intact and some home equity left.
  • 6th Jan 2013

    Understand the profit drivers and key performance indicators

    In order to manage and direct your business, understand your key profit drivers. They will determine the profit of your business

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