I am Amanda Oppong Berantuo, a Data Analytics intern at SCG. I have a bachelor’s degree in actuarial science. My internship at SCG allowed me to explore the relationship between data analytics and taxation. My role involved assisting the tax team in analyzing data to optimize tax processes, ensure compliance, and accurately report tax […]
Category Archives: General
Businesses put a lot of effort into growing their business. As they plan and execute their strategies, they presume that all will go well and hardly think about risk, what can go wrong and negatively affect their plan. As “anything that can go wrong, will go wrong”, the chances that risk will hinder achieving your […]
My name is Marvellous Apreku, and this is the story of my unconventional career path. It started with a psychology degree and a leap of faith into the world of accounting at SCG Audit. The journey has been hard and filled with growth and valuable lessons. After graduating from the University of Cape Coast, I […]
Heard at a function I was at a professional accounting function recently. When the discussion turned to the youth, some comments were: As for the youth these days, they are something else. It’s like they know nothing. You must teach them basic things. They want to be a CFO at 25. They are unreliable. That […]
We took part in the SCG Chartered Accountants 2023 Work Experience Program (WEX). The WEX is a 9-to-12-month internship program. The 13 of us on the program worked in the audit, data, HR, payroll, accounting services and finance unit of the firm. To give the management of SCG feedback on our experience, we surveyed […]
An employment contract is a legal agreement between an employer and an employee that outlines the terms and conditions of their working relationship. The contract protects both parties by setting clear expectations and obligations for each party. Whilst a contract can or verbal or in writing, we recommend you issue written contracts. When drafting an […]
The employer and employed both have responsibilities under the National Pensions Act, 2008 Act 766. If an employer does not comply with the Act, he can incur penalties and suffer a loss of reputation. Employer’s obligation Register with both SSNIT and a fund manager of his choice. Ensure all their employees registered with SSNIT. Deduct and […]
This year we started career discussions in SCG Chartered Accountants. The initial focus is on people at different stages of the certification exams, but we will make it an annual practice across the firm. We have discussed careers with 10 people at various stages of the certification exams. The areas we covered in the discussions […]
Your foreign business is taxable in Ghana when you have a permanent establishment in Ghana. When an entity does business across borders, it must deal with how the countries in which it operates will tax the income it makes. Countries regulate the right to tax through Double Tax Agreements (DTAs). To tax a foreign entity, […]
The Government of Ghana went to the IMF and signaled that the economy is struggling. We are in for a prolonged period of economic difficulty. Inflation is high, the cedi is falling, and prices keep going up. Running a business in this environment can be very challenging. So, what can you do to your improve […]