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The Future of Accounting & Auditing in Zambia

The role of accounting and auditing is changing. For many years, businesses viewed accounting primarily as a compliance function: recording transactions, preparing financial statements, submitting tax returns and completing the annual audit. That model is increasingly becoming outdated. Across Zambia and the wider Southern African Development Community (SADC), businesses are operating in an environment characterised…

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Organization of accounting at the enterprise

    E ffective accounting is a fundamental part of running a successful enterprise. A well-organised accounting function provides management with accurate and timely financial information, supports informed decision-making and helps ensure that the business meets its financial and regulatory obligations. The organisation of accounting involves establishing appropriate procedures for recording, classifying, processing and reporting financial…

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