Leana van der Merwe, Technical Manager, Chartered Institute for Business Accountants (CIBA) Leana van der Merwe, Technical Manager, Chartered Institute for Business Accountants (CIBA)

Inventory Profits, Impairments and Other Silent Killers of Results

Your business made a profit, but where is the money? Stock that costs more to replace, customers who do not pay, equipment losing value and unexpected expenses can all affect your results. A business can look profitable on paper and still struggle to pay its bills. Understanding these hidden costs helps business owners make better decisions, manage their cash and avoid nasty surprises at year-end.

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