PPS

ANALYSIS: Update on IAASB: Project Revisions to Quality Control for Firms


1 December 2017


In September 2017, Karin French, Chair of the Quality Control Task Force (Task Force), presented a webinar which provided an overview of the proposals that the International Auditing and Assurance Standards Board (IAASB) are considering in relation to the IAASB Project: Revisions to Quality Control for Firms. This is a high-level overview of the webinar Subsequent to the issue of the clarified International Standards on Auditing (ISAs) in 2009, the IAASB initiated a comprehensi...More

PROFILE: Loving the hustle and bustle of London


1 December 2017


Pedro De Matos has been fortunate to have been able travel the world and meet different cultures and people. It something he believes that everyone should do sometime in their life time. Pedro believes that it helps us to understand each other better that will hopefully work towards a common good by learning to respect and understand each other’s diversity and culture. He says that working in fast-paced global organisations have bolstered his learning experience and improved ...More

VIEWPOINT: Understanding trusts: Providing for your dependants


1 December 2017


Despite pursuing a financial career, chartered accountants seldom obtain proper advice when it comes to managing their own personal finances. This includes dealing with their last will and testament. One of the best ways of protecting any money or assets left behind for your children or other dependants when you pass away is by creating a trust. A trust is generally created for a specific purpose, the primary goal being the protection of the funds invested into the trust as wel...More

THOUGHT LEADERSHIP: Business adventures: The importance of people


1 December 2017


Surround yourself with the right people to give you the best shot at success along your journey. After all, business still has a human factor, says F R (Rhys) Robinson What do the movies Star Wars: A New Hope, The Lion King, Karate Kid, and Zootopia have in common? My answer is that they’re all adventure stories and they all follow a similar plot. You may ask how a kid learning martial arts has anything to do with a man trying to destroy the Death Star, but each of these stor...More

VIEWPOINT: Trusts and B-BBEE


1 December 2017


Family trusts, business trusts, property trusts, employee share trusts and even unit trusts – a trust is an age-old vehicle used for various purposes around the world. So why the large-scale speculation whether a trust can be used as an investment vehicle in B-BBEE equity transactions? The reason, in my opinion, is that trusts are often misunderstood as to their legal status and trustees are often not ‘trusted’ (excuse the pun) as being genuinely independent and acting in th...More

VIEWPOINT: Sustain business by sustaining society


1 December 2017


Today, global society demands that organisations do well by doing good – make profits while sustaining society. It’s an expectation driven by global financial crises, savvy millennials, the effect of digital technologies on freeing the flow of information and more. Today’s healthcare insurers have a powerful social role to play. Alongside government, they can directly monetise better health, aligning commercial interests with bettering society – so creating shared-value...More

FEATURE: Plan ahead: 12 month financial guide


1 December 2017


While it may be daunting to plan your finances a whole year in advance, it is possible to break it up into more manageable chunks by dealing with one area per each month. January: Create a budget Develop a budget template by recording both expenses and income so that you can easily identify areas of overspending and act on this before it gets out of hand. February: Tax season With the end of the tax year looming, you should use this month as an opportunity to maximis...More