In 2013 South African Revenue Services collected taxes amounting to R814-billion, an increase of 9.6 percent on total revenue received in 2012. “More efficient collection systems and the deployment of online technologies such as SARS eFiling have simplified the collection process and made it easier for taxpayers to submit their returns on time,” says…
The International Accounting Standards Board (IASB) published the proposed amendments (ED/2013/9) to the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) in October 2013 for comment. This is the first review since the release of the standard in 2009. It is the IASB’s expectation to review the standard in a three…
I recently had the opportunity to attend a breakfast where Chris Gardner spoke. You might not know who he is, but you probably know his story. In his lifetime, this successful against-all odds stockbroker was the inspiration behind the Academy Award-nominated film, The Pursuit of Happyness. He has accomplished many things – overcoming a violent…