Steinhoff’s accounting Gordian Knot trying the patience of global creditors
Steinhoff’s accounts are taking on the proportions of antiquity’s Gordian Knot.
debtors
Businesses turn to trade credit to secure debtors book in a tough economy
With South Africa’s current economic and trade environment remaining constrained and unpredictable, businesses are increasingly recognising the benefits of trade credit insurance to protect their bottom line.
CASH is the Mario Pretorius mantra – Business Tip 5
The buffer, safety and anti-ulcer effect of great cash generation are sometimes tarnished as a Lazy Balance Sheet says management strategist Mario Pretorius. Cash is his mantra – and not generating enough of it can “whip the noose around the neck in a single accounting period,” he warns in his latest tip in the Unconventional … Read more