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
Review - Limited Assurance
A review provides an organisation with a report on anything that has come to the attention that would indicate a material misstatement. The objective of a review differs significantly from that of an... -
5th Mar 2013
Agreed Upon Procedures - No assurance
An Agreed Upon Procedure provides a report on factual findings, discovered based on the scope of the engagement. No opinion is provided on the findings. Agreed upon procedure engagements vary... -
5th Mar 2013
The Saward Dawson approach
Saward Dawson's team has expertise in the provision of audit and assurance services. We undertake many financial statement audits for both for-profit and not-for-profit (NFP) entities. We also... -
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
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 -
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... -
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
Get professional advice
When starting a new business, get professional advice. -
6th Jan 2013
Separate business and personal assets
If you have a company, partnership or trust structure it is vital to understand what is a business asset and what is not. We find that the clients who get their affairs into a mess inevitably mix... -
6th Jan 2013
Pay your PAYG and super obligations
PAYG and superannuation payments: It is very tempting to dip into this cash to pay the business accounts, but be warned
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