• Have you identified you business’ environmental factors? Strengths? weaknesses?
• Do you have a long-term view of your business? What is your business’ vision?
• Do you have a business plan? Not because the bank asked for it, yours!
• Are you sure you have really defined your business mission, and do your staff know it?
• Are your processes and systems designed and working to support your mission?
• You are considering an additional business, is it worth pursuing? Have you done due diligence?
• Do you have competitive advantage in your line of business?

• Are you sure that somebody is not stealing from your business?
• When did you last do bank reconciliation, debtors reconciliation for your business?
• Are you vulnerable to fraud? – by staff, customers, suppliers?
• When did you last do a comprehensive business review or internal audit to give you assurance that your controls are adequate, assets are safe and that your accounting and other systems are adequate for your business?

• You employed your staff based on their qualifications, but have you trained them to improve their abilities?
• Do you know the value of training is not the certificate awarded but what the holder of the certificate can be able to do practically?
• If you believe that your employees are your biggest assets, how much did you spend last year to improve their skills?
• Did you know that there is something to gain from training; even in an area you thought you were an expert in?

• Can your books of account and records survive the collapse of the current accounting application?
• Do you like the reports you get from your accounting system? Are the reports of value in making decisions?
• Do you trust the figures you get from your accountant?
• Does your accounting function serve you as management, or are you ever struggling to satisfy its requirements?
• Do you have a system that can survive the exit of your key staff?
• Can you get better value by outsourcing the accounting function?

• Are you sure that you are paying the correct types and amounts of taxes?
• Is your accounting system consistent in treatment of taxable services or products?
• Are you familiar with the following terms: VAT, PAYE, withholding taxes, income taxes, customs duties, corporation taxes, withholding VAT?

• All ISO management system standards follow a common high-level structure (HLS), which was introduced by ISO in 2012 . This structure promotes consistency and enables integration between multiple systems.
• This structure is made up of 10 clauses which are:
• Scope (Clause 1)
• Normative References (Clause 2)
• Terms and Definitions (Clause 3)
• Context of the Organization (Clause 4)
• Leadership (Clause 5)
• Planning (Clause 6)
• Support (Clause 7)
• Operation (Clause 8)
• Performance Evaluation (Clause 9)
• Improvement (Clause 10)

Clauses 4 to 10 in ISO management systems are considered the main clauses because they provide the core framework and requirements for establishing, implementing, and improving a management system

• ISO standards can be purchased from the ISO website or through national standards bodies like Kenya Bureau of Standards (KEBS)

• ISO standards are periodically reviewed and updated to ensure they remain relevant and reflect the latest technological advances, industry practices, and stakeholder needs.