For many businesses, stocktake is treated as an accounting task. Count the stock. Reconcile the numbers. Make an adjustment in the accounts. Move on. For a growing business, that approach misses much of the risk. Inventory can represent a significant investment of working capital. It can also be one of the areas most vulnerable to error, theft, obsolescence, poor controls and inaccurate reporting. Stocktake governance matters beyond accounting. A stocktake therefore tells the

Climate reporting can sound like an issue for large corporates. For many SMEs, the immediate reaction is that the new Australian climate reporting requirements do not apply to them, so there is nothing they need to do. That is only part of the story. An SME may not have a direct obligation to prepare a climate-related financial report, but its customers may. As larger organisations increasingly assess their value chains, they may ask suppliers for information about emissions,