(c) American Institute of Certified Public Accountants. Contact AICPA for permission to reproduce this article., Business Management, Performance Management

Modernising cost management systems in emerging economies

By Anil Kshatriya, ACMA, CGMA To reach their full potential, small and midsize companies in emerging countries must pay special attention to modernising their cost management. Companies in emerging economies that are labour-intensive and technologically under-invested must give special attention to cost management. A strong culture of cost-consciousness translates into bottom-line growth, but limited resources… Read More Modernising cost management systems in emerging economies

(c) Chartered Accountants Ireland. Contact Chartered Accountants Ireland for permission to reproduce this article., Business Management, Practice Management

GDPR and employee data

As you prepare for the implementation of GDPR, there are a number of practical measures to consider when it comes to processing employee data. Most accountancy firms collect and process personal data relating to their employees on an ongoing basis as part of their everyday personnel administration. Personal data processed by your firm could be… Read More GDPR and employee data

(c) American Institute of Certified Public Accountants. Contact AICPA for permission to reproduce this article., Business Management, Enterprise Risk Management, Risk Management

5 steps to prevent complex inventory frauds

By Cecilia Locati, FCMA, CGMA Fraudsters are becoming increasingly creative. Here’s how SMEs in the manufacturing sector can guard against losses. When we think about inventory theft, we often think of a sales assistant stealing a product from a shop stockroom or an employee carrying away items from a warehouse. Although these are common forms… Read More 5 steps to prevent complex inventory frauds

(c) Institute of Chartered Accountants of Scotland. Contact ICAS for permission to reproduce this article., Business Management

How to prepare for GDPR

By David Menzies CA, Director of Practice, ICAS With just under three months remaining until the General Data Protection Regulations (GDPR) come into effect in the UK on 25 May 2018, David Menzies looks at how firms can be preparing for GDPR and how ICAS will provide support in this area. By now, all practitioners… Read More How to prepare for GDPR

(c) South Africa Institute of Chartered Accountants. Contact SAICA for permission to reproduce this article., Business Management

The challenge of corporate entrepreneurship

By Coenie Middel CA(SA) To large companies, creating new businesses is the challenge of the day. Because of maturing technologies and ageing product portfolios, a new imperative is clear: Companies must create, develop, and sustain innovative new businesses. Innovation. It seems like everyone is talking about it these days. And rightly so, but the realities… Read More The challenge of corporate entrepreneurship

(c) The Chartered Professional Accountants of Canada. Contact CPA Canada for permission to reproduce this article., Business Management

Lesson learned in diversity

By Travor Wilson Diversity has not had the transformational impact promised a decade ago. However, if we heed the lessons of the past, there is time to develop diversity into true inclusivity and human equity. A decade ago my company was approached by a US magazine to contribute to a series called the Pioneers of… Read More Lesson learned in diversity