Guru Gurumoorthi
Chairman (Role: Oversight | Client and Human Relations and Development | Governance, Risk and Compliance)

Biography

Founded RSM Botswana in 1985 and committed to make it a Professional Services Firm of Choice Igniting Growth. 

With succession processes in place, Guru makes sincere efforts to be a post heroic leader making and shaping decisions focussing on empowerment of people in RSM who in turn create, deliver and capture value to its ever growting clients. 

Guru has built on his experise from his core functions in Botswana Company Law Practice, Tax, Accouting and Audit to Governance, Risk and Compliance that apply to corporate environment and simultaneously to Business Strategy and Organisational Design and Performance that apply to Start Ups and Small and Medium businesses.  He supports King 4 because in his view it does not distinguish beteween small and big, government and non-government and private and public when it comes to Corporate Governance that captures a wide spectrum from business ethics to business performance through care for society and environment.

Guru is one of the original fellow members and certified auditors of Botswana Institute of Chartered Accountants.  He is a Public Interest Entity Auditor registered with Botswana Accountancy Oversight Authority.  He is a Certified Internal Auditor of The IIA, USA and a specialist member of the Institute of Risk Management, UK.  He holds B.Com from the University of Madras, India and is a member of the India Institute of Chartered Accountants.

He is married to Uma who heads Businesoft Systems, Sage and Syspro Business Partners, an independent Software Division of RSM Botswana.  Laasya their daughter, a Chartered and Certfied Public Accountant, is married and settled in California, USA.  Sresht their son, a mechanical engineer lives in Toronto, Canada.

Publications

Botswana Budget 2021-2022 Summary

3 February 2021
Download Tax Highlights from 2021-2022 Budget: tax_highlights_of_2021-22_botswana_budget.pdf Download 2021-2022 Budget Summary covering the budget speech: botswana_budget_summary_2021-2022.pdf 2021-2022 BOTSWANA BUDGET SUMMARY By Honourable Dr Thapelo Matsheka, Minister of Finance and Economic Development, delivered to the Nation...
Events

Guru Gurumoorthi: Why I am proud to be an auditor

The auditing profession is perhaps the one that doesn’t get the attention it deserves, but why? It is one of the most important aspects of business. The world’s most successful companies rely on expert insights and analysis from auditors to provide credible financial statements and give shareholders the confidence that the accounts are accurate...

Why Governance and Why Risk?

Why Governance and Why Risk? Why is Governance and Risk needed for your company? Most of managers and administrators in Botswana already believe that Governance and Risk are important.  We believe that their problem is implementing good governance and risk systems and procedures.  If you are the one, who would like to still kno...

Governance Risk Compliance - 4policy Sofware

GRC - 4policies software [Download your printer friendly brochure here - rsm_-_4policies_brochure.pdf} Supported by RSM Botswana 4policies™ enables you to educate your employees on your company policies and procedures, identify levels of awareness and record their acceptance of these policies. In addition, 4policies...

Governance Risk Compliance - 4action Software

GRC -  4action Software [Download your printer friendly brochure here - rsm_-_4action_brochure.pdf Supported by RSM Botswana 4action™ is a customisable and powerful action tracking software tool that gives individuals the ability to update the status of actions and tasks that they have been allocated responsibility for by ...

Governance Risk Compliance - 4Risk Software

GRC - 4Risk SOFTWARE [Download your printer friendly brochure - rsm_-_4risk_brochure.pdf Supported by RSM Botswana If not properly managed, enterprise-wide risk management can be an organisational and administrative headache that fails to deliver real benefits to your organisation. 4risk™ is a powerful, yet easy to use risk man...

GRC Software - Insight4GRC

Insight4GRC™ A cost effective GRC platform used widely across the public, private and third sectors Take control of your governance, risk and compliance issues! A powerful suite of governance, risk and compliance (GRC) software products from RSM – one of the largest audit, tax and consultings firms in the world.  With Insight4GRC ...

RSM Botswana Trust

RSM Botswana Trust We are pleased to announce that we have obtained RSM Botswana Trust Letter of Authority under Botswana Trust Property Control Act from the Office of Registrar of Trusts of the High Court of Botswana.  Now we can transfer funds to our Trust Account even more confidentaly.  This arrangement is more transperant....

SimpleRisk, A Simple Risk Management Tool

SimpleRisk, A Simple Risk Management Tool It may perhaps be easy to understand risk and risk frameworks.  But it is very difficult to implement an appropriate risk management system.  SimpleRisk is a  quick to use risk management software application.   Growing organisations who would like to move ahead with risk managem...

RSM Botswana Completes Stanford Seed

RSM Botswana completes Stanford Seed with all your support and good wishes.  Thank you to all our clients and well wishers. ...

ISO 31000 Risk Management

ISO 31000 Risk Management Transformational Thinking ISO 31000 revolutionises the thinking on risk management.  You will go through transformation and experience shift in thinking when you read ISO 31000 risk management standards.  We all understand that COSO model is widely used and supported.  Making a shift towards ISO 31000 ...

NBFIRA Corporate Governance

Non Bank Financial Institutions Regulatory Authority (NBFIRA) published Corporate Governance Regulations in 2012 for security businesses (stock exchange, brokers, depositories, etc.).  As you will observe while reading, Regulations set minimum standards when it comes to operations, administration and oversight of security businesses. ...

King 3 Governance Code

King 3 Governance Code Botswana Accountancy Oversight Authority (BAOA) requires Public Interest Entities (publicly traded companies, banks and insurance companies and those big businesses which satisfy two of the four criteria namely P 200 million turnover, 200 employees, P 50 million liabilities and P 150 million total assets employed, to obser...

Lighting Up Your Entrepreneurial Fire

Our Chairman Guru and our HR Executive Koziba Sebina have authored a book titled Lighting Up Your Entrepreneurial Fire published on Amazon.   In Botswana and even in other countries, most realize that entrepreneurship is the way to go for reasons to do with self-expression, lack of job opportunities, retirement, limited income, freedom of...

CEDA Guidelines Revised to Stimulate Botswana Economy

[This article is based on our understanding of the State President His Excellency Dr. Mokgweetsi Masisi''s annoucement in July 2020, CEDA Chairman's address and other materials available on CEDA website (www.ceda.co.bw)] CEDA Guidelines Revised Citizen Entrepreneurial Development Agency (CEDA) is a Government of Botswana owned Company Limited...

Growing Entrepreneurship in Botswana

Covid 19 has set a blessed level playing field for the new wave of entrepreneurship to grow amongsts both budding and seasoned entrepreneurs in Botswana.   Our Chairman Guru was interviewed by Rre Mompoloki Lerumo Mogobe on entrepreneurship ecosystem and the interview is posted in Nuggests of Wisdom you tube channel.  RSM Botswana reaffir...

Covid 19 Bank Guarantee Scheme

COVID 19 BOTSWANA GOVERNMENT LOAN GUARANTEE SCHEME Any business located in Botswana owned by citizens or non-citizens can apply for a loan with its commercial bank or any commercial bank in Botswana.  The main purpose of the loan will be to offer relief to the Covid-19 affected businesses and to reiterate, this loan is offered only to facil...

Our Chairman is now a Certified VC4A Mentor

You will be delighted to know that RSM Botswana carries out business mentorship program as a Corporate Social Responsibility initiative.  VC4A stands for Venture Capital for Africa. ...

Business Licences in Botswana (Effective June 2020)

Manufacturing and Trading Licences (Effective Date 1st June 2020) MANUFACTURING LICENCES Industrial Development Act of Botswana (Cap 43:01) regulates (1) manufacturing licences (2) registration of manufacturers and (3) exemption from registration.   When you manufacture arms, ammunition, pharamaceticals, maize milling, medicines, hides a...

Forming a Not-For-Profit Charitable Organization in Botswana

Would you like to start a charity in Botswana?  You have three options.  First option  is to form a company limited by guarantee under the Companies Act of Botswana.  Second option is to form a society under the Societies Act.   Third option is to register a trust under the Trust Property Control Act.  The choice de...

Open a Botswana Branch (External Company)

What is a Botswana Branch (Or External Company)? Botswana Companies Act requires any foreign company to apply for registration as an external company in order to operate, meaning to do business in Botswana.  A foreign operating company in Botswana should apply for external company registration within 30 days.  If you are starting a ...

Xero Cloud Accounting Relief during and beyond Covid!

[Download printer friendly version from xero.pdf] XERO for Small or medium-sized businesses Are you a small or medium-sized business?  XERO, is a perfect online accounting solution that we can offer to instantly improve your accounting  functions.  RSM Botswana is a Xero Certified Adviser.  What does that mean? With one on...

Covid 19 Botswana Government Wage Subsidy Scheme

GUIDELINES FOR THE COVID19 WAGE SUBSIDY We summarise important features of the Covid 19 Wage Subsidy as announced by Honourable Finance Minister Dr. Thapelo Matsheka on the 1st April 2020:- Which business sectors qualify for the subsidy? All business sectors are eligible for the subsidy with the exception of the following: a. Water...