by Amogelang Nawa | Apr 14, 2020 | Gamers Reflections
After filing the correct version of the business’s tax return on SARS efiling, Sipho noticed that the tax compliance status was ”non-compliant” He became worried that his business might not be awarded tenders because of this. Gamer, what...
by Amogelang Nawa | Apr 12, 2020 | Gamers Reflections
Sipho is so determined to learn and do things above board so much so that he corrected the tax return which was filed by Hendrik’s accountant. This was a great step given that ‘zeros’ were filed and this was fraudulent.Empower yourself, grow your...
by Amogelang Nawa | Apr 10, 2020 | Gamers Reflections
Sipho has completed financials for his business. He is excited that at least one thing required by the bank is ready. It appears that Sipho is getting a whole lot more than he bargained for. Although him seeking an accountant and preparing financials was prompted by...
by Amogelang Nawa | Apr 8, 2020 | Gamers Reflections
Sipho: ”now let’s roll our sleeves and get on it, let me switch on my laptop we will work from my spreadsheet since all the figures are there. Madimetja: right, we will start with the formats. Empower yourself, grow your business!
by Amogelang Nawa | Apr 5, 2020 | Gamers Reflections
Sipho: ”alright, I think we are left with one thing: ”notes”. Madimetja: ”oh yep, notes to the financial statements. Notes explain the key figures of financial statements for example what is sales made out of and what do the assets of the...
by Amogelang Nawa | Apr 3, 2020 | Gamers Reflections
Madimetja: ”well, if equity is decreasing year after year it means the company is destroying value. Should the total liabilities exceed total assets it would mean the company is insolvent and according to the Companies Act insolvent companies are not...
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