Practical Accountancy Guide - Digital
Discover how to:
- Improve your cash flow and eliminate simple accounting mistakes
- Analyse your financial statements and identify errors
- Be 100% up-to-date on new and updated accounting and reporting standard
- Eliminate fraud in your company
Dealing with company finances and accounts is one of the most important functions in your company. Fixed assets, capital depreciation, cash flows, bookkeeping entries, annual financial statements, reconciliations, administrative accounting, tax and Vat are just a small part of your daily job. If you make one small mistake, it could cost your company thousands or expose you to a SARS Audit.
Your job isn’t an easy one. Ultimately you have to be constantly informed on the latest developments in tax, Vat and new accounting and reporting standards.
The Practical Accountancy Loose Leaf is a unique, practical guide that will give you advice, solutions, control checklists and tips to make your job easier. And I can guarantee that at least one of the tips or checklists WILL save your company money.
Look at how the Practical Accountancy Loose Leaf has helped our readers
"I go through the tips and letters a lot. It is very useful for our business. As I am doing 8 sets of books every month – each a different type of business, it comes in very handy!"M. Jooste
"Thanks for the publication. The content is most helpful, relevant and well presented. The email with pertinent tax information and Q&A is also excellent." Z. Hobson
"I am a new subscriber and this is my “bible”. I work with it every day." MM Hattingh
Six reasons why you should try the Practical Accountancy Loose Leaf
Access to the Accounting Helpdesk. This service answers your personal need-to-know, urgent accounting queries, with a turnaround time of no longer than 72 hours.
25 Checklists to assess and reduce your PAYE, SDL and UIF tax risks: This booklet will help the accountant manage and reduce the risks associated with PAYE, SDL and UIF specifically. There are 25 checklists that cover these different risk areas.
Accounting Toolkit CD. This CD comes with at least 40 forms, schedules, templates and checklists for accounting, to save you time and money.
Members-Only Website Access. Exclusive access to all past Practical Accountancy Loose Leaf updates in case you’ve mislaid your hard copy. Simply log-on to membership.fspbusiness.co.za with the username and password that’ll be sent to you.
Lifetime Subscription to our daily Tax Bulletin e-letter. The bulletin gives you the latest Accounting, Tax and Vat news, information, tips and tools to make sure that your business stays healthy – and you avoid SARS fines.
Eight updates. You’ll automatically receive timely updates, additions and reports from the publisher.
The Practical Accounting Loose Leaf is your one-stop solution to accounting problems
Here’s a small sample of the advice and tips you’ll find inside:
You must back your records up and make sure they’re kept securely. Find out exactly what risks you need to be aware of and what to do to do prevent them.
Reduce your workload and work smarter to save time. Find out how to use one set of data to create two reports
Step-by-step guide to reduce data duplication – using one set of data for both management and financial accounting reports
Use these checklists and 21 sample schedules to prepare for an audit and reduce your audit fees.
Implement these internal controls in your creditors, debtors, fixed assets, Internet banking, inventory, payroll and production and reduce your risk of fraud.
Discover which methods you can use to evaluate your capital investments, with advice from the experts about how to apply each method, and which method is the best.
Use this checklist to make sure the disclosures in your financial statements meet audit and reporting standards
Checklist: What you need to disclose for PPE
Checklist: What you need to disclose for inventories
Checklist: What you need to disclose for cash and trade receivables
Checklist: What you need to disclose for trade payables and loan payable
Checklist: What you need to disclose for provisions
Disclosures in your income statement
Checklist: What you need to disclose for revenue
Checklist: Common items you will need to show separately
Checklist: Include the following costs in your inventory valuation
Checklist: Don’t include these items in the cost of your inventory
Employee benefits and costs
Avoid errors when you account for employee-related expenses. From pension fund contributions to medical aid contributions – find out how to avoid SARS tax penalties and ensure that you’re always in control of your company’s finances.
Financial statement analysis
How to analyse your financial statements, using ratios, to identify red flag problem area before it’s too late.
How to analyse the profitability of your business
How to measure the return on your investment
How to measure your risk
Funding for your business
Are you looking for financing for your business? Make sure you always qualify by finding out what potential debt funders look at in your financial statements to determine if you can repay the debt or generate returns on the investment.
Inventory.Prevent your inventory being sold below its actual cost by ensuring you value it correctly. Use these checklists and the step-by-step process to correctly attribute a cost to your inventory and save your company money.
Checklist: Include the following costs in your inventory valuation
Checklist: Don’t include these items in the cost of your inventory
Job description: Financial Manager
Use this sample job description for your Financial Manager to clarify who he reports to, the skill-set needed to perform the job and his key responsibilities and work activities.
Leases: Operating lease versus a finance lease
Understand the consequences of a operating and finance lease and structure the agreement to make the right decision for your company and save yourself time, money and effort.
Monthly accounts: complete checklist
27 items to check on the balance sheet every month.
Checklist: Items you must check on a monthly basis
Checklist: How to maximise your cash flow
How to recognise it correctly and avoid increases in taxes and audit fees
Questionnaire: What type of revenue applies to your business?
What should you do with revenue from interest?
What should you do with revenue from dividend income?
What should you do with revenue from royalties?
Risk assessment: Management questionnaire
Use this management risk assessment questionnaire to identify financial risk areas before they cost your business money.
Eight source document templates to amend and use in your business.
Year-end adjustments and reversals
How to do year-end adjustments and reversals
What adjustments should you pass?
Accruals for fixed monthly expenses
Checklist: Journals where you may need to do year-end adjustments and reversals
Checklist: How to make sure you have enough evidence for your auditors
Checklist: Journals that you need to estimate
Updated Information directory
Accounting records - retention periods
List of capital allowances
SARS Tax tables for 2014/2015
Wear-and-tear write off periods
Exchange rate data
Prime overdraft rates
"An informative, practical and up to date reference that is easy to read and concise. Indispensable for the accountant in public practice!" A. Vermaak
Nine reasons why you should order the Practical Accountancy Loose Leaf and take advantage of our 30-day money-back guarantee
1) You'll be 100% up-to-date on new and updated accounting and reporting standards!
Use the Practical Accountancy Loose Leaf to find out what the latest accounting and reporting standards are to avoid situations that invalidate your company records. Every topic in the loose leaf is discussed in detail and supported by several examples showing you how to cope with even the most difficult accounting scenarios.
2) We will keep you informed and 100% up-to-date
The Practical Accountancy Loose Leaf is constantly monitored and updated. You will receive eight updates on a regular basis when any new accounting amendments happen. You will find the latest information you need to know as a person who is responsible for accounting in your company: discussion of the latest amendments, new indexes and also the issues that have never been discussed before. You can be sure that – thanks to this Loose Leaf – you won’t be surprised by any law amendment. All in the most cost-effective and easy way possible!
3) Should any doubts arise you can always ask an expert!
If you subscribe to the Practical Accountancy Loose Leaf you can always consult our experts. Simply email us your question and we’ll send you an answer within 72 hours.
4) You can rely on the opinions and tips given by our Accounting experts
Our authors are top-class accounting experts. Each piece of information is verified by an independent consultant so you can rely 100% on the quality of the advice given.
5) You can consult an Accounting expert every day – 24 hours a day
You can make use of accounting expertise every time you need it. It is always at your disposal – simply lying on your desk. Don’t look for a solution yourself or risk making an expensive error, when you can use the Practical Accountancy Loose Leaf instead. You can read about how a particular problem is seen by the experts. You can turn their knowledge and experience to your benefit as often as you want or need.
6) FREE unlimited subscription to our daily Tax Bulletin e-letter.
Every day we will email you the Tax Bulletin. This email newsletter is part of your Loose Leaf and will keep you informed with up-to-date information on any amendments to Vat and Tax regulations that may impact on your work.
7) 30 Day money-back guarantee
Order and pay for your copy of the Practical Accountancy Loose Leaf and check for yourself how useful it is and if you're not happy, simply return it within 30 days for a full refund!
8) Receive your free booklet… 25 Checklists to assess and reduce your PAYE, SDL and UIF tax risks
This booklet will help the accountant manage and reduce the risks associated with PAYE, SDL and UIF specifically. There are 25 checklists that cover these different risk areas.
9) Accounting Toolkit CD
This CD ROM comes with at least 40 forms, schedules, templates and checklists for accounting, to save you time and money.
30-Day money-back guarantee
By ordering your copy of Practical Accountancy Loose Leaf Service today:
You’ll learn how to meet all your of Accounting obligations with minimum effort
The Loose Leaf contains practical advice in a step-by-step format to help avoid penalties
You can count on the advice in the Loose Leaf, as it’s 100% legal
All information is referenced to the law and checked by external accounting experts/consultants.
You’ll receive the loose leaf binder with 500 pages of practical information and in each section you will receive:
Practical advice in an easy-to-follow format
Checklists to make sure you haven’t forgotten anything
Proven sample formulations for contracts, letters and forms
Many immediately understandable examples
Included in your package:
FREE gift: When you order Practical Accountancy Loose Leaf Service, you will receive "25 Checklists to assess and reduce your PAYE, SDL and UIF tax risks"
In this booklet you’ll find:
Solutions to help manage and reduce the risks associated with PAYE, SDL and UIF specifically. There are 25 checklists that covers these different risk areas.
FREE gift: When you order Practical Accountancy Loose Leaf Service, you will receive "Accounting Toolkit CD"
In this CD you’ll find:
This CD ROM comes with at least 30 forms, schedules, templates and checklists for accounting, to save you time and money.
Who should subscribe to the Practical Accountancy Loose Leaf?
- Financial managers;
- Company owners; and
- Anyone who deals with accounting issues.xxx
Including 8 legal accountancy updates, the accountancy handbook, the special report: 25 Checklists to assess and reduce your PAYE, SDL and UIF tax risks, the Accounting Toolkit CD, access to the 24/7 expert Accountancy advice helpdesk, five bonus cash saving reports and the daily Tax Bulletin newsletter.
I want to improve my cash flow, eliminate simple accounting mistakes, analyse my financial statements, identify errors, slash my audit fees and eliminate fraud in my company.
To get rid of the stress caused by accounting issues and always make sure I have 100% up-to-date information, please rush me my Practical Accountancy Loose Leaf Subscription Service. It includes:
Over 500 pages of a comprehensive collection of important checklists, easy to understand examples and step-by-step instructions to make sure I’m guided through every process and procedure.
21 Sample schedules to prepare for an audit and reduce my audit fees
11 Disclosure checklists to make sure the disclosures in my financial statements meet audit and reporting standards
27 Items to check on my balance sheet to make sure my monthly accounts are correct.
The Practical Accountancy Loose Leaf Subscription Service is a full service accountancy consultancy I’ll use every day!
And that’s just the start
Get 6 Bonus Gifts and Services
(Worth R5 050 – Yours Absolutely free)
You'll also receive SIX Bonus Gifts and Services to save you money and make your job even easier.
Bonus Service #1: 8 legal accountancy update subscription
Law changes are gazetted throughout the year. The updating subscription guarantees that your handbook is always 100% up-to-date. You simply remove the outdated pages and replace them with the new ones. It’s always up-to-date and accurate!(valued at R2 000)
Bonus Report #2: 25 checklists to assess and reduce your PAYE, SDL and UIF tax risks
You’ll manage and reduce the risks associated with PAYE, SDL and UIF specifically. There are 25 checklists that cover these different risk areas. (valued at R199)
Bonus Service #3: Free Accountancy Toolkit CD
You'll have more than 30 forms, schedules, templates and checklists for accounting, to save you time and money. (valued at R199)
Bonus Service #4: Free expert advice to solve your accountancy problems
You have access to a personalised Accountancy Helpdesk service where a team of accountancy experts are available 24/7 to answer your specific questions. You simply log onto thewww.accountingandtaxclub.co.za and ask your specific accountancy question using the “Accountancy Helpdesk” button. And Voila! one of the experts will assist you with a personalised answer. (valued at R1 000)
Bonus Service #5: Members only website access
You don’t need to wait even one day to start implementing the cash saving strategies from the Practical Accountancy Loose leaf service, you’ll immediately have access to the Members-only website. You’ll be emailed your unique username and password today. (valued at 1 200)
Bonus Service #6: Daily tax, Vat and accounting solutions straight to your inbox
Every day you’ll get the Tax Bulletin email newsletter. It’s packed with useful tips, reminders and cash saving advice to solve your daily accountancy problems. (valued at R450)
But that’s not all you'll get in your package…
Get 5 Additional Bonus Gifts
(Valued at R495 – Yours absolutely free)
To welcome you as the newest subscriber, You'll get instant cash savings, with these FREE five bonus reports:
5 Tax deductions to save you over R110 000 in your company today! (valued at R99)
How to save R80 660 in Company Car Taxes (valued at R99)
30 Quick Tax Solutions for Busy Taxpayers (valued at R99)
Just released: 62 SARS IRP5 codesyou need to complete IRP5 and IT3(a) certificates correctly (valued at R99)
The Capital Reconciliation Report: Your guide to avoid SARS’ traps when it does aCapital Reconciliation (valued atR99)
A Total Value of R6 240
But you'll will receive everything at a massive
discount when you sign up now to the Practical Accountancy Loose Leaf Service
Despite the fact that the Practical Accountancy Loose Leaf Service is developed by accountancy experts and will improve your cash flow, eliminate simple accounting mistakes, help you analyse my financial statements, you don’t have to pay a high-end price.
The full subscription is valued at only R6 240 a year…. which is a pittance, compared to the cash savings you'll make within a few months.
And here’s the great news!
Today, you can secure your full subscription for as little as R1 997 excl Vat - a R4 240 saving.
And, you can still decide if the subscription is right for you, because…
EVERYTHING is 100% Satisfaction Guaranteed
If at any time during the next 30 days, for any reason whatsoever, you decide the Practical Accountancy Loose Leaf service isn’t for you, simply call or email us.
You'll be refunded every cent of the subscription price.
It doesn’t get any simpler than that.
No pressure – no gimmicks – no strings attached.
Important notice: Your subscription to the Practical Accountancy Loose leaf service comes with a convenient automatic renewal. This means no chance of interrupted service. Ninety days before the end of your subscription, Fleet Street Publications will notify you that your subscriptions are ending and will advise you of the terms and renewal rates then in effect. Unless you cancel, your subscriptions will renew automatically and we will send you an invoice for payment. If you want to cancel, just respond to the notice within 30 days, and we won’t renew you. You can also contact our Customer Care department on 0861 114 365.
A Total Value of R6 240!
But you Receive Everything at a Massive Discount
and Only Pay R1 997
|The 500 page Practical Accountancy handbook||(valued at R695)|
|Service #1: 12-month legal update subscription||(valued at R2 000)|
|Report #2: Take on SARS and Win||(valued at R199)|
|Bonus CD#3: Accountancy Toolkit CD||(valued at R199)|
|Service #4: Free expert advice to solve your accountancy problems||(valued at R1 000)|
|Service #5: Members only website access||(valued at R1 200)|
|Service #6: Daily tax, Vat and accounting solutions straight to your inbox||(valued at R450)|
|Bonus Gift: 1 Tax deductions that will save you over R110 000||(valued at R99)|
|Bonus Gift 2: How to save R80 660 in company car taxes||(valued at R99)|
|Bonus Gift 3: 30 Quick tax solutions for busy taxpayers||(valued at R99)|
|Bonus Gift 4: 62 SARS IRP5 codes||(valued at R99)|
|Bonus Gift 5: The capital reconciliation report||(valued at R99)|