Category: Accounting

Trust accounting is a critical aspect of financial management for businesses in South Africa. It involves the careful handling of funds and assets that are held on behalf of a third party, such as a client or investor. Trust accounting is regulated by the Law Society of South Africa (LSSA), and it is essential for…

As a law firm in South Africa, it’s important to understand the accounting and tax requirements that apply to your business. This will help you accurately track your financial performance, comply with regulations, and avoid any penalties. Here are some key points to consider: It’s important to familiarize yourself with the accounting and tax requirements…

As a business owner, it’s important to understand the accounting and tax requirements for your hair salon in South Africa. This will help you accurately track your financial performance, comply with regulations, and avoid any penalties. Here are some key points to consider: It’s important to familiarize yourself with the accounting and tax requirements for…

As a business owner, you may be considering whether to invest your resources in an internal or external accounting function. This is a crucial decision that requires careful consideration. In this blog post, we will explore some key factors to consider when deciding between an internal or external accounting function, including the scope of compulsory…