Reliable and efficient access to information has become a must for business firms to stay competitive. One simple way is to deploy web-based accounting systems in your workplace.
This is particularly so as the functions of web-based software packages are getting more varied and not only confined to the bookkeeping aspects:

financial accounting & reporting;
payroll;
cash-flow management;
customer relationship […]

Continued from Part 1 & 2 on Sales and Production Forecast, append below a suggested checklist of what factors and the sources might be considered when constructing the Cash Forecast
 
Cash Forecast
 
Factors:

How long a period the forecast will cover?
Past cash forecasts;
Demand […]

Continued from Part 1 on Sales Forecast, append below a suggested checklist of what factors and the sources might be considered when constructing the Production Forecast
 
Production Forecast
 
Factors:

Sales activity;
Availability of resources such as labor and materials;
Rate of inflation;
Influence […]

To plan, we need to put up forecasts. By doing so, Management can better anticipate major opportunities, challenges, etc that may impact the company’s performance
Managers use economic and statistical techniques to anticipate the future. There are many varied method of forecasting which include Delphi method, econometics, simulation, correlation. Forecasting techniques are qualitative or quantitative.

However, to […]

Two Major Changes are:
The abolishment of the imputation system and the implementation of single-tier system of taxation for dividends, impacting both the Inland Revenue Board (IRB) and the taxpayer. Present:

Company income tax is based on the full imputation system where tax is imposed at the company level and at the shareholder level on dividends. The […]