Monthly Archives: August 2024

Internal controls are the backbone of any successful business. They safeguard assets, ensure accurate financial reporting, and help prevent fraud. For Zambian businesses, establishing strong internal controls is not only a matter of good governance but also a crucial step toward long-term growth and sustainability. The Role of Internal Controls in Business Success Internal controls […]

Tax compliance is a critical aspect of doing business in Zambia. Yet, many companies struggle to navigate the complexities of the tax system, leading to costly penalties and missed opportunities. At Reeds Business Solutions, we are committed to helping businesses stay ahead of their tax obligations, ensuring compliance with Zambian Revenue Authority (ZRA) regulations while […]

In today’s globalized economy, adherence to International Financial Reporting Standards (IFRS) is more crucial than ever for businesses operating in Zambia. Compliance with IFRS not only ensures the accuracy and transparency of financial reporting but also enhances investor confidence, particularly for businesses aiming to attract international investment. Why IFRS Matters in Zambia For businesses in […]