Alfred Ramosedi
Getting the balance right: Board members, skills and influence

The importance of influential board members, with a diversity of skills and experience, cannot be underestimated. They have the power to determine the rise and fall of companies through their influence and leadership...

3 days ago

Chartered accountants and 4IR
Chartered accountants and 4IR

Blockchain, bitcoin, data analytics, process automation and artificial intelligence are but some of the other new areas where technology is having an impact on the role of accountants and auditors...

19 Sep 2018

New pan-African audit body plans to restore confidence in profession
New pan-African audit body plans to restore confidence in profession

The ambition of the newly formed African Forum of Independent Accounting and Auditing Regulators (Afiaar) is to build a credible institution which will instil the much-needed confidence in the accounting and auditing profession...

17 Sep 2018

Anton Meyer
Execs still unprepared for liability risks

Stakeholders have made their voices heard in recent years, resulting in more companies and their directors facing litigation...

13 Sep 2018

Financial institutions warned to guard against cyber attacks
Financial institutions warned to guard against cyber attacks

Deputy Reserve Bank Governor, Francois Groepe, has urged financial institutions to be aware of cyber threats as they embrace technological advancements...

30 Aug 2018

International escrow and tax services offered by Europlaw Group
International escrow and tax services offered by Europlaw Group

Europlaw Group has entered a joint venture with Ithuba Savings Credit Corp Limited representing ISCC Group, that has an international footprint from the banking to oil and gas industries...

Issued by Europlaw 27 Aug 2018

Chartered Accountants ITC pass rate reaches 87.7% high
Chartered Accountants ITC pass rate reaches 87.7% high

The South African Institute of Chartered Accounts (SAICA) has announced that a further 634 candidates have joined the 2,220 candidates who passed the ITC in January 2018...

17 Aug 2018

CAs behaving badly: The Saica professional conduct code explained
CAs behaving badly: The Saica professional conduct code explained

The accounting profession is under pressure at the moment to improve public perceptions on whether they, and more specifically chartered accountants, are still behaving ethically...

13 Aug 2018

Jeanne Viljoen, project director for practice at Saica
SMPs have their heads in the cloud

Making use of 'the cloud' to fulfil the accounting function has many benefits both to small medium practitioners (SMPs) and their clients, the primary one being increased productivity...

7 Aug 2018

Bernard Agulhas, CEO: IRBA
MAFR the main reason for 33% of companies changing auditors

One third of the JSE-listed companies polled have cited the mandatory audit firm rotation (MAFR) rule as the primary reason why they have changed audit firms...

3 Aug 2018

Imran Vanker
IRBA issues notice of transparency reporting for audit firms

The Independent Regulatory Board for Auditors (IRBA) has called on South African audit firms to produce transparency reports which provide insight...

31 Jul 2018

Technology and values are essential to future business model innovation, says ACCA
Technology and values are essential to future business model innovation, says ACCA

In today's ever-changing world, organisations are using business model design to build unique approaches to creating value that have the potential to radically disrupt industries...

Issued by ACCA 31 Jul 2018

Ilanie Brits
The struggle of saving

It is becoming more and more difficult to save, and for some people it often feels like an accomplishment just surviving from payday to payday. This struggle from month to month makes it easy to forget the importance of saving for our future...

By Ilanie Brits, Issued by Meredith Harington 30 Jul 2018

Rashied Small, executive: education, training and membership at the South African Institute of Professional Accountants
Upskilling accountants for a digitally disruptive world

The greatest challenge that the accounting and auditing profession faces today is investing in the education and training that is needed to keep up with the change of pace in the environment...

By Rashied Small 30 Jul 2018

Treasury receives draft Tegeta forensic report
Treasury receives draft Tegeta forensic report

National Treasury has received the draft forensic report on alleged irregularities in the awarding by Eskom of a coal contract to Tegeta...

30 Jul 2018

Mark Lee
The rise of the robo-accountant

There is no truth to the rumour that accountants will be replaced by robots soon, but robo-accountants are coming...

26 Jul 2018

How an effective risk culture creates good governance
How an effective risk culture creates good governance

Taking risks is part of doing business, but the recent spate of corporate failures illustrates the need to institutionalise an effective risk culture (RC)...

By Thabile Nyaba 10 Jul 2018

Do you understand Sars' tax understatement penalty behaviours?
Do you understand Sars' tax understatement penalty behaviours?

On 1 October 2012 the understatement penalty regime was introduced to replace the additional tax regime...

By Esther Geldenhuys 9 Jul 2018

When does prescription start to run against Sars?
When does prescription start to run against Sars?

There are periods of limitations for issuing assessments which are set out in section 99 of the Tax Administration Act 28 of 2011 ("TAA")...

By Graeme Palmer 27 Jun 2018

What is XBRL and how does it affect your financial reporting?
What is XBRL and how does it affect your financial reporting?

The fast-moving technology and information age have changed our lives, and similarly digital financial reporting is transforming the business world...

By Mpho Simelane 26 Jun 2018

Anoj Singh, former Eskom CFO, Photo: Construction Review Online
Saica brings charges against Anoj Singh

After, what it terms, a lengthy investigation, the South African Institute of Chartered Accountants' (Saica) is bringing charges of misconduct against former Eskom chief financial officer, Anoj Singh...

20 Jun 2018

Rashied Small, Saipa executive: education, training and membership
Trainee accountant logbook goes digital

Trainee accountants will now be able to maintain an online version of their portfolio that needs to be completed to become a professional accountant...

19 Jun 2018

Bernard Agulhas, CEO: IRBA
Resetting the standards of audit quality

The Monitoring Group has published feedback on its consultation process into strengthening the governance and oversight of the international audit-related standard-setting boards...

13 Jun 2018

Revisions to conceptual framework for IFRS
Revisions to conceptual framework for IFRS

In South Africa, the laws and regulations that apply to preparing a company's financial statements are either the IFRS) or the IFRS for SMEs...

7 Jun 2018

SA, India CA institutes sign recognition agreement
SA, India CA institutes sign recognition agreement

Following approval from India's Union Cabinet in May, a Pathways to Membership Agreement between the Institute of Chartered Accountants of India (ICAI) and the South African Institute of Chartered Accountants (SAICA) has now been signed...

5 Jun 2018

KPMG to cut 400 jobs in salvage operation
KPMG to cut 400 jobs in salvage operation

After a turbulent 10 months for KPMG South Africa, the audit firm announced its plans to restructure its operations, which will result in about 400 job losses...

4 Jun 2018

KPMG resigns as Saica auditor
KPMG resigns as Saica auditor

KPMG's has resigned as the South African Institute of Chartered Accountants (Saica) external auditors...

1 Jun 2018

Glen Bresler
Corporate governance in owner-managed business

The recent corporate scandals that have rocked South Africa, and in particular the role that auditors have played in not preventing these scandals, is a cause for concern for all business in South Africa...

By Glen Bresler, Issued by Meredith Harington 29 May 2018

Auditor-General Kimi Makwetu
Parliamentary push to give the auditor-general more bite

A parliamentary committee that is tasked with overseeing the Office of the Auditor-General has approved an amendment to legislation that will give the AG's office more teeth...

24 May 2018

Treasury to host public financial management conference
Treasury to host public financial management conference

Finance Deputy Minister Mondli Gungubele is expected to address the second Public Financial Management (PFM) Conference that will get underway in Johannesburg today.

9 May 2018

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