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Internal Auditor

Internal Auditing: 10 duties of an Internal Auditor

Do you want to be an internal auditor? Is it your dream job or maybe you want to change your career today and become an internal auditor? If so or not, it will be vital for you to understand the duties of an internal auditor. To begin with, internal auditors form an integral part...
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Direct Tax

Advantages of Direct Tax as opposed to Indirect Tax

Direct Tax vs Indirect Tax Taxation ensures that government collects money to fund all its activities. Thus, there are different types of tax that can be levied to citizens of a particular country namely direct and indirect tax. However, it will be vital to note that this is not...
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Insurance Companies

Common Risks that are faced by Insurance Companies

Investing in the insurance business can be a daunting task if you are a newbie to start with. There are certain insurance risks that have coupled this industry and the failure to do something to avert the risk can be detrimental to the success of your insurance company. Some of...
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Money Laundering

Forms of Money Laundering that you need to be Aware of

What is Money Laundering? Money laundering deals with the movement of cash without leaving the trace of evidence which may be used for investigation purposes. The process is mostly done with the intention that the government or any other interested agency may certify that the...
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Credit Risk

Ways in which you can effectively manage your Credit Risk

The global economy may be entering into a period of a new growth. Many SME, Banks, Firms, and individuals are in need to either start a new business or expand the existing business. The oblivious source of income that may be used to finance their projects is the acquisition of...
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The need for financial ethics and Good co-operate governance in an organization

The operations in any organization are guided by ethics that stipulate the code of conduct that needs to be upheld in any organization. It’s fair to say that if you manage a business that follows ethical financial practices, your business may succeed both in the short, middle and...
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Effects of Taxation

Top 7 economic effects of taxation that you must be aware of

Despite taxes being one of the topmost funding to most governments, there are some economic effects of taxation that in one way or another affect certain variables in an economy. An economy can be affected either positively or negatively. Some of the effects of taxation include:...
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Tax Policy

Forms of effective Tax Policy for Developing Countries

What is a Tax Policy? The term tax policy is used to describe the choice which will be made by the government on what taxes to levy to its citizen and to whom those taxes will be levied onto. Both developing and developed countries have different levels of tax policies that...
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Good Tax System

The Principles of a Good Tax System

Benefits of Taxation Taxation is a source of revenue to Governments. Plus, there are a lot of benefits of taxation which helps in improving a country economic system. Thus, this calls for the government to derive a good tax system to fix the needs of both the country and society....
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