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Often the question arises whether VAT must be levied on costs that are recovered from third parties. This is especially relevant when no VAT was incurred on the expense. Examples of such recoveries are rates and taxes, salaries or where a consultant recovers certain costs from its client on...
The commercial property is facing some challenges in South Africa right now: physical distancing means less foot traffic the recessions means more business closures. Richard Walker, Director of Risk Advisory Services at BDO, looks at some of the prevailing issues at the midpoint of 2020.
What are drones? In layman’s terms, a drone is a flying robot that can be remotely controlled. Combined with advanced technologies including GPS, sensors, artificial intelligence and video cameras, the term drone technology is derived.
Managing cash flow is one of the largest issues business owners face and in the current economic climate, cash flow management is more critical than ever. Many business owners do not attempt to create a cash flow forecast because they feel it is impossible to predict the unpredictable.
Is your IT delivering value? BDO Technology Advisory Partner, Kamal Prasad, discusses how IT cost optimisation help businesses to manage cash flow and identify opportunities to improve IT investments.
If you manage a team, there’s a good chance you’ve heard of Key Performance Indicators (KPIs). These measurable values are the means by which your business can demonstrate how effectively they are achieving key objectives and ultimately, success.
What can organisations do to prevent fraud during the corona crisis? And how can supervisory directors monitor fraud prevention practices?
The Coronavirus crisis has continued to dominate the global trade landscape in the past quarter, with the economic shutdown leading to plunging trade in goods and services. As countries try to unwind restrictions, the focus is on balancing the need for a rebound against the risks of a second wave.
Managing the restarting of business unusual