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Financial Year End Reporting: Challenges to Manage, Opportunities for Benefit

Financial Year End Reporting: Challenges to Manage, Opportunities for Benefit

by Bionic Chartered Accounting | Jan 27, 2022 | Accounting, Business

“Any remedy is going to depend on having financial statements that are reliable” (Tom Foley) On the last day of February each year, many companies face their end of financial year or “EOFY”.  Whether it’s referred to as the EOFY, Close of the Financial Period,...
Six Tips for Creating a Distraction-Free Home Office

Six Tips for Creating a Distraction-Free Home Office

by Bionic Chartered Accounting | Jan 27, 2022 | Business, General Interest

“Out of clutter, find simplicity. From discord, find harmony. In the middle of difficulty lies opportunity.” (Albert Einstein) To many people the idea of working from home can seem like a dream. Just avoiding the daily commute makes it worthwhile for many, but add in...
Small Businesses That Survived 2021 – How They Made It

Small Businesses That Survived 2021 – How They Made It

by Bionic Chartered Accounting | Jan 27, 2022 | Business

“At the heart of the strategy is a strong belief…that systemic problems require systemic solutions” (MIT Sloan associate deans, Fiona Muray and Ray Reagans) Businesses usually spend the last quarter of the year reflecting on how they have done and using the lessons...
Seven Crucial Tax and Other Issues to Address When an Employee Dies

Seven Crucial Tax and Other Issues to Address When an Employee Dies

by Bionic Chartered Accounting | Jan 27, 2022 | Employment and Labour Law, Tax

“Employees are the key to your success… Treat them well!” (Ron Kaufman) The death of an employee can be a difficult situation in any company, but particularly so in smaller businesses where employees work more closely together and often consider each other more...
Budget 2022: The Minister of Finance Wants to Hear from You!

Budget 2022: The Minister of Finance Wants to Hear from You!

by Bionic Chartered Accounting | Jan 27, 2022 | Economy, Tax

Finance Minister Enoch Godongwana has invited the public to share suggestions on the 2022 Budget he is expected to deliver on Wednesday 23 February 2022. The Ministry of Finance: “As usual, the budget allocation always aims to strike a balance between competing...
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