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THE 5 BIGGEST ACCOUNTING MISTAKES MADE BY SME'S
By Noel Murphy
The following article (slightly edited by me) was recently published in the US by CPA Practice Advisor and is as relevant here as in Trumpland:
"Small business owners face numerous everyday challenges, and they usually conquer them with their entrepreneurial strength. Unfortunately, keeping the books on their growing business is not a skill someone can simply persevere through and get it right.
And the potential consequences of messing up on the accounting functions can have serious consequences when it comes to the success or failure of a business. The founders of the cloud accounting system Freshbookshave come up with the top five accounting mistakes that small business owners face, and how to avoid them
WHAT QUALIFICATIONS DOES A COMPANY SECRETARY NEED?
By Noel Murphy
The secretary of a private company is not required to have any formal qualifications.
However, the directors must take all reasonable steps to ensure that the secretary has the skills necessary to discharge his/her statutory and other legal duties and such other duties as may be delegated to the secretary by the directors.