Arguably one of the most significant changes from the ‘old’ to the ‘new’ B-BBEE codes is the fact that a company now will have to address each and every one of the five scorecard areas in order to achieve one of the eight possible B-BBEE status levels. Under the ‘old’ codes, a ‘good’ level could…
CORPORATE PLANNING (BUDGETING) So why would I think of corporate planning as operational? Well, l largely because it drives the immediate future of the business, which could be thought of as the next one, two or maybe, at a push, three years. It is what the banks look to when arranging finance; it is what…
The independent auditor’s report is the auditor’s key communication to the shareholders and other users of the financial statements. After many years of audit reports that merely provided a ‘pass/fail’ conclusion, the landscape has changed. By Zuleka Jasper WHY THE CHANGE? The external audit is an independent and objective process that aims to conclude whether…