2016 is around the corner. And what a 2015 it was. For many, 2015 will be remembered for Japan beating us in the Rugby World Cup; Bruce Jenner becoming Caitlin Jenner; VW being responsible for the biggest fraud in the motor industry ever; rhino killings sadly increasing and topping 2014 records; and ISIS’s presence getting…
ACCOUNTING South Africa maintains its top position for auditing and reporting standards South Africa has maintained the number one position for its strength of auditing and reporting standards for the sixth consecutive year. Find more information on this ranking in the World Economic Forum’s Global Competitiveness Report 2014–2015. Revised Headline Earnings Circular issued Circular 2/2015…
Self-employed professionals face unique challenges and opportunities compared to employed individuals. There are distinct differences between their goals, and in the same way their insurance needs are also different. In this second article of a two-part series, we explore the unique insurance needs of self-employed professionals. INSURANCE NEEDS UNIQUE TO SELF-EMPLOYED PEOPLE One key insurance…
Imagine waking up twenty years from now and realising that a string of unconscious decisions has landed you with a life far removed from the one that would have made you happy. Bruce Du Bourg suggests daily reflection ‘Dim the lights, please,’ chants the rather flamboyantly dressed facilitator from the front of the classroom. There…
In this article, Uli Schäckermann analyses the concept of independence and places particular emphasis on the requirements that is it ‘in the public interest’ that the registered auditor be independent When reading, or even just reviewing, the IRBA Code of Professional Conduct for Registered Auditors (RAs), it soon becomes obvious that independence is the most…
According to University World News, while university enrolment has more than doubled since 1994, government funding per student has declined from R20 187 a year in 1994 to R16 764 in 2014. The cost of tuition has had to increase to meet that deficiency as well as the steadily rising costs they themselves face. Higher education institutions…
South Africa’s integrated reporting journey Integrated reporting: Where to next? Volkswagen a wakeup call A quality integrated report Staying alive Embracing simplicity SOUTH AFRICA’S INTEGRATED REPORTING JOURNEY South Africa is in its fifth year of implementing Integrated Reporting <IR> and the momentum of this evolutionary, if not revolutionary, reporting framework continues to gather momentum. By…
Starting articles is a big change, especially when it is your first real job and you don’t have anything to compare it to. Gareth Olivier gives you a few things to think about … It’s a tricky phase once you finish studying and you start articles. You’ve dedicated a good chunk of time to becoming…
As you’ve no doubt heard by now, Volkswagen – the biggest car manufacturer in the world – was recently implicated in what’s potentially one of the largest corporate scandals of all time. Technology was used to create artificial emission readings for their diesel cars, which then appeared cleaner and more economical than they actually were.…
Wesley Smith CA(SA) addresses inequality through a sustainable ‘win-win’ investment model.To date he and his team have raised over R200 million for the poor and helped thousands of orphans and vulnerable children. Lynn Grala spoke to him ‘There’s a great saying,’ says Wesley, that ‘your purpose in life is where your deep gladness and the…