Unlike the job description for accountants that are fairly standardized, every company is free to set whatever they like and call it Internal auditor job description so long as it meets the company’s unique business need. However, there are internal audit roles and functions that must be included in the modern day business environment. In […]
Archives for September 2021
Financial health check | Tips for Healthy Finance
Financial health check is a task that must be performed by every individual on a more regular basis if one truly desires to attain financial independence. Today in this piece, I will be focusing on tips for healthy finance that will not only help you be in good short term financial status but will also […]
Accountants vs Auditors | Should I become an Accountant or an Auditor?
This article on Accountants Vs Auditors is written specifically with young people who are at the point of making a choice in the world of noble accountancy profession in mind. Just a little background checks to make sure that I am qualified to write an article in this field as some serious career decisions might […]
Who is an auditor? | How can I become an auditor?
I have spent reasonable part of my working career being a professional auditor (both internal and external). And this has made a lot of people ask me the following questions; ‘who is an auditor?’ and ‘how can I become an auditor?’. So, in this post, I will provide practical explanation to the question ‘who is […]
What are the differences between mission statement, corporate objectives and business strategy? | Tabulated.
Today, I will be talking about the differences between mission statements, corporate objectives and business strategy. This article is part of the series on ‘what is strategy formulation’ where I also talked about how to build a profitable business model. You will agree with me that I couldn’t have possibly discussed all there is to […]
10 Uses of Budget to Fintech Start-Ups
It is not enough for a fintech entrepreneur to have coding skills and brilliant ideas in order to succeed in business. Some form of business lessons needs to be picked up along the way. Uses of budget to fintech start-ups is not fully grasped by techie minded entrepreneurs as evidenced by a comment made by […]
WHAT IS STRATEGY FORMULATION? | HOW TO DESIGN A PROFITABLE BUSINESS MODEL
In this post about what is strategy formulation, I will explain what a strategy formulation is in a simple language and also describe how to design a profitable business model. A lot has been written about strategic management and strategic planning. So, I will not be delving into those areas in this post. My focus […]
Basics of Assets Management for Sustainable Growth and Development
In this article on the basics of assets management for sustainable growth and development, I will be explaining in simple language how to manage the assets of your business in this technological age and beyond for optimal positive results. What is an Asset? Just for the purpose of this post, an asset is a resource […]
10 Functions and roles of CFO | successful businesses have progressive CFOs
Functions and roles of the CFO (Chief Financial Officer) has long gone beyond preparation of financial statements. You will agree with me that finance is the live blood of every organization, and that a lot goes into ensuring that the finances keeps flowing. If the above is true, then the person who is to be […]
Business Growth Obstacles and Challenges | Why Businesses are not Growing
In this article on business growth obstacle and challenges, I will discuss why struggling businesses are not growing and probably will not grow. This article is a continuation of my previous post on how to successfully run a small business and small business lessons from royal families. 10 Business Growth Obstacles and Challenges Mediocre management […]
Symptoms and Signs of Overtrading | How to Know When a Business is Overtrading
In this article on the symptoms and signs of overtrading, I will be talking about how to know when a business is overtrading especially in this technologically dependent world that we now live in. I would like to begin by firstly explaining what overtrading means in the next paragraph. What is Overtrading? Over trading is […]