Coaching with an artistic twist

TONIA JACKSON – Mixing Art and Creativity with bottom line – accountancy offers a new approach to Life Skills Coaching. A true artist at heart, Tonia Jackson CA(SA) innovatively set to work blending together her business and aesthetic skills. Now as a personal and business coach, she has a vocation she finds incredibly fulfilling. If…

The call of the Wild

With a visit to Pumba Private Game Reserve in the Eastern Cape, you will experience the essence of true African hospitality. Originally the farm of historical figure Piet Retief, Pumba Private Game Reserve, almost two centuries later, still plays home to famous residents – a free-roaming population of rare white lions. As well as these…

Affordable Island Vacations

World Leisure Holidays continues to invest heavily in its suite of island hotels despite the economic slowdown. Accountant turned hospitality fanatic Johann Strydom (World Leisure Holidays MD) has kept a tight rein on the numbers at the chain of hotels to ensure these have not shrunk during the economic downturn. Its chain of hotels are…

Making public entities accountable for budget spend

GRAP 24 is a great initiative but government needs to make compliance easier for overstrained public entities. The GRAP 24 standard now requires certain public entities, including many municipalities, to incorporate budget information in their annual financial statements. As the Accounting Standards Board makes clear, the thinking is to “hold entities accountable for their actual…

GRAP 21 defines non-cash-generating assets for assessing impairment

Recent reports by the Auditor-General of South Africa state that there are municipalities that fail to timeously submit financial statements for audit purposes. Without dwelling much on the reasons for such failures, it is public knowledge that these municipalities rely significantly on the support of external service providers to compile and submit annual financial statements.…

Risk Management

The biggest risk to business is not knowing what your risks are. The typical organisation loses 5% of its revenue to fraud, according to the global Association of Certified Fraud Examiners’ (ACFE) ‘Report to the Nations’ survey released in 2012. Applied to the 2011 Gross World Product, the figures in this report translates into a…

Have Your Say

The AUGUST Issue Comments Dear Accountancy SA Well done on a great August issue! I didn’t know we had so many beautiful women in the profession! Keep up the good work. Warm regards, Chris van der Merwe Dear Editor It is with delight that I opened my Accountancy SA magazine of August. As a female…