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The South African Institute of Chartered Accountants (Saica) and Chartered Institute of Management Accountants (Cima) have agreed to sign a revised agreement that will make it more accessible for members who wish to use both the chartered accountant (CA(SA)) and Chartered Global Management Accountant (CGMA) designations. 2 Jun 2022 Read more
Section 38 of the Public Finance Management Act (PFMA) states that one of the responsibilities of an accounting officer of a department, trading entity or constitutional institution is to ensure effective, efficient, economical, and transparent use of the resources of the department, trading entity or constitutional institution. However, it has been noted that many accounting officers are failing to comply with this on contract management of service providers. 1 Jun 2022 Read more
The South African Institute of Chartered Accountants (Saica) welcomes the real-time audit that will be performed by the Auditor General of South Africa (AGSA) on the emergency flood relief funds that government made available to the flood victims in KwaZulu-Natal (KZN) and the Eastern Cape. 31 May 2022 Read more
It is often said that actions speak louder than words. The true measure of leadership lies in the actions we take when inspired by noble causes, dreams and plans to make a difference. The South African Institute of Chartered Accountants (Saica) recognised 11 of its members at its inaugural Chairman's Difference Makers Awards Dinner. Among those honoured were: Professor Wiseman Lumkile Nkuhlu, the first black chartered accountant in South Africa; Ajen Sita, CEO of Ernst and Young (EY) Africa; and the late Thembekile "Kimi" Makwetu, South Africa's former Auditor-General. 31 May 2022 Read more
Petri Basson CA(SA), quickly realised during articles that technology would have a massive impact on the accounting industry and that he would have to upskill himself to keep up with it. Even today, he says, things are changing so fast, one can never just sit back and rely on your existing knowledge. He has become an avid learner cultivating a habit of continuous learning. 17 May 2022 Read more
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