Protecting your business from fraud

It’s critically important that every business, irrespective of its size, has appropriate internal controls in place to reduce the risk of fraud. Acts of fraud are not limited to big business and unfortunately implementing appropriate internal controls measures are often overlooked by owners of SME’s which makes them more vulnerable to losses arising from fraud. […]

Is your business prepared for higher interest rates?

At its latest meeting in July, the RBA decided to leave the cash rate at 1.50%. However, interest rates are currently at historically low levels and expectations are that interest rates will begin to rise in the near-term. “The Reserve Bank, though, warned that its current estimate of the so-called neutral rate could rise back[…..]

The importance of cash flow forecasting

Forecasting cash flow is one fundamental aspect of financial management often overlooked by business owners that can have a critical impact on the success of every business. This article from Dun & Bradstreet clearly articulates the importance of forecasting cash flow and the common issues that arise when there are shortfalls in working capital. Cash flow[…..]