Blog

Environmental, Social and Governance (ESG) Reporting

Have you ever wondered how you can report the environmental, social and governance impacts of your business’ operations? ESG reporting is the answer to that! Over the last two decades there have been growing concerns about preserving the environment and businesses needing to have strategies on how they intend to make their operations sustainable to…
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Have you assessed all the business risks?

Introduction Every commercial business from small to large has goals it seeks to achieve, one of them is being profitable into the foreseeable future, that is, be a going concern. Business risks come in as threats to the company’s ability to achieve its financial goals. These threats can be externally or internally generated in relation…
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Risk Identification

Modern-day businesses face various risks to their day-to-day operations. For example, a company’s network may be hacked, compromising employee, and customer data. Natural disasters such as hurricanes, tornadoes, IT security threats such as malware, accidents and wildfires can also impact an organization’s ability to operate. Ensuring the safety of a company and its employees is…
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Good Corporate Governance In Public Entities

Appointment of the Board (Public Entities Act [Chapter 10:31]) Compliance With the new regulatory frameworks being issued by The Reserve Bank of Zimbabwe, the appointed members of the board are expected to upkeep with the changes, be able to maintain the companies’ commercial viability despite the economic challenges Zimbabwe is currently facing. Benefits of Good…
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Business Acquisitions and Mergers

Introduction In recent years, business acquisitions and mergers have become a source of inorganic growth for many businesses around the world. Business Mergers and Acquisitions (M&A) refers to events in which the ownership of companies and or operating units is transferred or consolidated with other entities to create a new bigger entity with an objective…
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Four Accounting Topics Everyone is Talking About

It has been a challenging year for accountants and auditors. Significant changes that have been on the horizon for several years were finally incorporated into year-end financial reports. Then the pandemic swept across the globe. Implementation of Major Accounting Updates Private companies were required for the first time to apply the new revenue recognition standard…
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Why Regular Bookkeeping…

Are you a business owner who does their bookkeeping once a quarter or once annually? If so, you are merely doing it to satisfy the tax authorities (ZIMRA) – an inefficient manual data entry exercise. In our experience we often find that many business owners who do this are relying on their bank balance to…
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