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Risk management response strategies

Risk management refers to the strategies and actions organisations put in place to reduce or manage the impact of potential threats to an organization or project. Therefore, the first step to Risk management is potential threats identification. Examples of threats…

Every farmer needs an accountant!!!

From time immemorial, agriculture was believed to be the production of staple food required for daily survival.  However, with the invention of mechanisation, it has become increasingly clear that farming is an enterprise that can be profitable, interesting and will…

 Different Type of Taxes in Botswana

A tax is a compulsory financial charge or type of levy imposed on an individual or legal entity (Tax Payer) by a governmental organization (Botswana Unified Revenue Services) to collectively fund government spending and public expenditures. Taxation falls into two…

Deal Structuring

Deal structuring refers to the process of carefully organizing the financial and operational terms and conditions of a business transaction in a way that maximizes the benefits for all parties involved while minimizing risks.  Therefore, deal structuring has become important…

Is it beneficial to outsource accounting?

Outsourced accounting is when an organisation hands over its accounting, bookkeeping, and/or compliance work to accounting professionals or an accounting firm outside their organisation to act as their accounting department. Why outsource accounting services to Addmath? Businesses are operating in…

Pursuing a career in Accounting

In today’s highly competitive job market, job hunting can be a bit daunting. On the other hand, the role of recruiters has become increasingly complicated as the try to connect job seekers with their dream positions. It is completely natural…