There is a degree of empathy in many people that can understand somebody in desperate need committing a crime, particularly a ‘victimless’ crime like fraud against a large business. Who is really hurt if the secretary is taking home stationery for her kids, or an individual inflates an insurance claim, both within reason? More often…
An annual milestone publication, however well intentioned, is only part of the story and may even be an unfortunate and unintended detraction. By Lindie Engelbrecht CA(SA) and Carl Ballot CA(SA) Informed business leaders generally agree that sustainability is one of the primary moral and economic imperatives for the 21st century and one of the single…
‘If you ensure that you remain in business every next day, you will be in business indefinitely,’ says Wilfred Ngubane, founder of Ngubane & Co. Sasheera Gounden spoke to him about his firm’s success Donning a striking red tie and blue-striped shirt, the founding CEO of Ngubane & Co., Wilfred Bhekabantu Ngubane CA(SA), barely looks…
Research shows that 39% of retirees rate death as their greatest fear while fully 61% rate ‘running out of money’, or effectively living too long. With each passing decade, life expectancy grows by one year. For individuals, it poses the question of how to invest now to pay bills later. There’s no right or wrong.…
Embracing change Do you often look at people who make a difference, or people who are really successful, and wonder how they do it? I recently read an article by Victoria Rabin, the founder and CEO of Behind Every Leader. She writes that the difference in people’s lives is the difference in the standards to…
Entities have been given the option to use the equity method to account for investments in subsidiaries, joint ventures and associates in their separate financial statements. By Mareli Dippenaar CA(SA) and Danielle van Wyk CA(SA) The International Accounting Standards Board (IASB) published amendments to the International Accounting Standard (IAS) 27, Separate Financial Statements (IAS 27),…
It gives us the greatest honour to announce the names of 35 of the most outstanding young CAs(SA) in South Africa. They have been handpicked not only for their exceptional career achievements and abilities but also for how they actively are giving back to the community and the less fortunate – and ultimately for the…
Opel Adam Glam In today’s ever-changing world, consumers want customised, unique and one of a kind products … Enter Opel, who have now joined this race with its all-new Adam. You can totally customise this vehicle to suit your personality or image. To start with, you have a choice of versions, namely the Adam, Adam…
Sophisticated investors are feeling the brunt of a raft of new regulations introduced in the wake of the global financial crisis that eroded confidence in the financial services sector. By Johan van Zyl and Irwin Spilka: The impacts are numerous and multifaceted and are limiting investors’ and wealth managers’ ability to leverage risk to achieve…
relWidely recognised as the most significant development in auditing in recent history, the new and revised auditor reporting standards are intended to enhance the communicative value and relevance of the auditor’s report, and may also improve audit quality and users’ perceptions of it Ins and outs of The New Auditor’s Report Key audit matters: questions…