Showing posts under "Business Advisory"

Mind the Gap

Dated: July 25, 2018

When your business is growing and you are flat out dealing with logistics and the daily stresses that consume your time, don’t forget to “Mind the Gap” When you are growing, and sales demand is pulling you forward, a significant amount of time goes into ensuring your supply chain, cash flows, equipment and machinery areContinue reading 

Introducing: Credit Consulting

Dated: July 2, 2018

Unpaid invoices remain a major pain point for any business. The severe impact late payments can have on cash flow, beyond the additional investment required to ensure these invoices are paid, can hamper business growth and impact your ability to plan effectively for the future. To better assist with the needs of our clients, CroweContinue reading 

Understanding your profit

Dated: June 28, 2018

Survey results from participants that attended our recent cloud accounting seminars series, reported that the main item they would like assistance with is “understanding financial statements”. Given financial statements are produced at least annually (if not more frequently), business owners should in theory understand and be able to interpret their meaning. Piecing together the meaningContinue reading 

TB Slaughter Levy

Dated: February 28, 2018

From 1 April 2016, a differential tuberculosis (TB) slaughter levy for cattle was introduced which imposes different rates for beef and dairy animals, replacing the former cattle levy. The new slaughter levy rates are $13 per head for dairy animals and $6.30 per head for beef animals. There is also a $11.50 per head forContinue reading 

Emissions Trading Scheme (ETS) Update

Dated: February 28, 2018

A mandatory emissions return (MER) is due to be filed with the Ministry for Primary Industries (MPI) for the five years ended 31 December 2017 by all registered post-1989 forest owners. The need to file a return has highlighted the fact that many farmers (and indeed accountants and lawyers) are not aware of their emissionsContinue reading 

Digital currency

Dated: February 27, 2018

A few years ago, it would have been hard to imagine that the next big craze in the financial markets would be for digital currencies, where complex algorithms and encryption techniques are used to regulate the generation of currency and verify the transfer of funds whilst operating completely independently of a central bank or sovereignContinue reading 

Purchase price allocation

Dated: December 19, 2017

An important but often overlooked area of any acquisition is the purchase price allocation (PPA) clause in the sale and purchase agreement. The PPA reflects the agreement on how the consideration paid for the assets acquired (including intangible assets) and liabilities assumed will be allocated. In addition to providing a “day one” balance sheet forContinue reading 

Third-party relationships – how in control of them are you?

Dated: November 28, 2017

When your business relies on third-party suppliers or service providers, your exposure to risk multiplies. Businesses are increasingly relying on third parties to carry out vital business functions. Processes and assets that were once housed internally are now housed outside the business but nonetheless, must be effectively managed. We find that the risk of non-complianceContinue reading