Most employees never talk about employee engagement, like it doesn’t even exist, but it does and it is more important than people think. The definition of employee engagement is a “workplace approach resulting in the right conditions for all members of an organisation to give of their best each day with an enhanced sense of…
“An audit, or independent review, engagement no longer needs to just be an annual grudge purchase” says Wendy Simmons, Audit Manager at Hobbs Sinclair Incorporated, a Cape Town-based accounting and auditing firm. “When we engage with a client for an audit, or independent review, [depending on your “Public Interest Score”, as defined in the Companies…
By Wendy Simmons, Audit Manager at Hobbs Sinclair I love my job! I know that this is not usually heard from a stereotypical “little grey (wo)man in the corner” accountant (or worse, auditor), but I really do! I love the challenges, I love the interaction with clients, and I love seeing a client develop from…
“Venture capital embraces tax breaks” – A recent article written by Stephen Timm of BDlive which includes commentary by a director of Hobbs Sinclair, Mr. Neill Michael Hobbs.
If your tax advisors are still in the business of finding loopholes to lighten your tax load, your tax planning tactics are out of date. SARS has spent the last two decades and vast resources closing down tax schemes and structures that companies and individuals were using to minimise their tax burden. A more cost-effective tactic that SARS adopted in combating tax evasion was to lower the effective tax rate to a rate acceptable to the taxpayer, at the same time increasing the penalties for misbehaviour.
In order to have a healthy working capital, a business needs to make sure that it has enough capital to pay for day-to-day running costs.
Accountancy gains more importance in the digital age – Neill Hobbs in conversation with eBizRadio’s Nick Snow
Please click on the following link to listen to the interview
Any risk-averse investors will be keenly interested in venture capital as an addition to their investment portfolios. The low-yielding BOND market, fully priced property market and volatile stock market have resulted in private equity becoming the flavour of the month.
It comes as no surprise that the hospitality industry has suffered from the great World Cup hangover, resulting in a few casualties in the restaurant and hotel arena. One such hotel has been fortunate enough to escape liquidation thanks to the business rescue process. Unbeknown to many, Shelley Point Hotel, Spa and Country Club on the Cape West Coast has been under business rescue since July last year.
I understand that not everybody loves working with numbers and that some people are bored to tears pouring over financial statements, which are often prepared by the company’s financial or administrative person and are usually filled with irrelevant detail. The truth is, a good set of management accounts should be everyone’s responsibility – making sure that all aspects of business are covered.