Think Like an Auditor: Make Professional Skepticism Your Superpower
Are you too trusting with your numbers?
Professional skepticism isn’t just for auditors, it’s a critical skill every accountant needs. Whether you’re preparing reports, reviewing documents, or advising clients, asking the right questions can protect your reputation and uncover risks before they become problems. This article breaks down what skepticism really means, how to use it daily, and why it’s becoming non-negotiable in the profession.
Bank and Petty Cash: The Cycles That Make or Break Your Month-End
Cash is not just an entry in your ledger—it is the most visible measure of control, accuracy, and accountability. When the bank and petty cash cycles are properly managed, financial statements are clean, audits are smooth, and SARS stays off your back. But when they are not, everything else unravels. This article explores the practical steps, common pitfalls, and internal controls that bookkeepers must apply to protect their organisations from avoidable errors and preventable fraud.