Back in February when COVID-19 was starting to gain media coverage, who would have imagined the profound impact it would have on the world and more importantly Australia? Most thought that it would not impact them, or it would just blow over.
Recently, the most common issues we come across in club audits relate to payroll. The main cause of this is a lack of internal control checks performed by payroll staff to ensure employees are being paid correctly.
Gaming machine revenue has long been the financial backbone of most clubs. But especially in smaller clubs, this income stream is declining, putting substantial pressures on profitability and, in some cases, long term survival.
21.74 million Australian’s are active internet users, and 18 million Australians are active social media users, so it’s highly likely a large proportion of your club’s members, guests and potential members are active online.
Day-to-day ‘busyness’ can often mean there is less time to think about and activate long-term improvements in your club’s operations. This can become frustrating and often mean you are always on the back foot.