The end of the financial year for many businesses is approaching fast, and finance teams will scramble to close the books and produce their year-end financials.However, the year-end shouldn’t be a difficult and dreaded time. A successful rapid year-end comes down to planning and clear...

Most businesses we work with have had to manage unprecedented levels of change and rethink how they forecast and plan for their future.If your business is facing liquidity issues, the first practical step to improve the situation in the short to medium term is to prepare a robust short-term cash...

The Economic Substance Regulation has two annual filing obligations for licensees within the scope of ESR.ESR notification must be filed if the business is undertaking a Relevant Activity. This applies even where the business claims exemption from ESR or does not earn any income from the Relevant...

A sustainability report is a means to communicate a larger strategy and report on its progress, helping an organization foster both transparency and accountability. Developing a report offers teams across an organization the opportunity to work together to create a more sustainable organization...

Effectively managed working capital is key to a company’s financial health and ability to navigate challenging business conditions, helping to maintain a business’s liquidity and avoid financial stress.Working capital management not only ensures an organisation can meet its short-term financial...

As the world of business continues to evolve, innovative technologies like Artificial Intelligence (AI) are quickly becoming critical components of modern commerce. The ability to harness the power of AI is quickly separating the winners from the losers, making it essential for companies to...

A Risk Appetite Statement is a formal document that articulates the level and type of risk an organisation is willing to take in pursuit of its strategic objectives, given its financial capacity. However, determining the appropriate level of risk can be challenging. This is where the role of the...

With the fast-paced advancements in technology, businesses are constantly adapting to keep up with the changing landscape. Among buzzwords like digital transformation, cloud computing, and Artificial Intelligence (AI) tools, the accounting industry is no longer an exception to riding the wave of...

While AI developments hold massive potential for businesses across almost all industries, we must be aware of the risks involved with adopting such innovative technology. Planning how you will address these risks can help your business prepare for the future as organizations worldwide begin to...