Moana and I spent last week in Nauru consulting to a local government organization. Above is a picture of Moana and I with the local clerks at the office. The government department uses MYOB, as do most businesses and government offices in Nauru. What an interesting engagement! The first thing I learned is that Nauru does not have a bank. (took me about an hour to fully understand that). That means no ATMs and no Credit Cards, and all suppliers and employees are paid in cash. This poses some very interesting accounting issues as well, particularly around internal controls and movement of cash between the office, safe and vault. The department uses a place called the Revenue Office which is a vault that holds all cash reserves. Internet and power can be very unstable as well causing frequent MYOB crashes.
We are heading back to the island in late February and hope that this visit is the start of many to come.