Directors trading in insolvent circumstances

Directors trading in insolvent circumstances Personal liability of directors is becoming an important issue in South Africa. The topic has been placed under the spotlight recently and directors need to be aware of their duties, responsibilities and the circumstances where they could be held personally liable for the debt of the company. Two types of […]

Audit = yearly headache and unnecessary expense? Welcome to the ASL approach

For most accountants and business owners, the thought of the yearly audit or independent review is associated with stress and apprehension. In most cases, audits and independent reviews are compulsory in terms of legislation, and thus the costs involved are, for most, seen to be unnecessary or even avoidable expenses with no necessary value being […]