Donald Pudney is talking about the country famous for its practical inventions – such as the potato peeler and Swiss army knife – and some of the most delicious chocolate. Donald lives in Ebmatingen, which is just on the outskirts of Zurich, Switzerland. Besides spectacular outdoor and sporting opportunities, Switzerland offers a varied landscape of…
Public schools are required to draw up their annual financial statements in accordance with guidelines determined by the Member of the Executive Council (MEC) and submit the audited or examined set to the head of department within six months after the end of each financial year. The financial year of a public school commences on…
Words Monique Verduyn – Photos André van der Merwe Ambitious young graduates often have target lists of companies they’d like to work for and almost all of them have lists of companies they would never work for, no matter what. Four years ago, one of the organisations to steer clear of was the National Youth…
In day-to-day operations, most businesses interact directly and indirectly with clients and service providers. Many transactions that take place during this interaction are legitimate transactions, whereas some of these transactions might raise a few questions as to the validity of the source of the money, or even just that the transaction does not make business…
Legislative changes have been introduced to the Value Added Tax Act 89 of 1991 to clarify the implications for both the lessee and the lessor when the lessee undertakes voluntary or compulsory improvements on leased land for no consideration. Lessee implications A deemed supply is triggered in terms of section 8(29), which deems the lessee…
It has now become apparent, beyond any doubt, that a company planning to become or remain B-BBEE compliant must have some level of black ownership. This is not because black ownership is somehow ‘compulsory’, but simply because of how the point-scoring system works. From multiple calculated scenarios we have done, more than 95% of companies…
Read the publication in the format of your choice: Read the mobile version here Read the desktop version here Download the PDF here The definition of success is different for everyone, but for most of us it will probably be linked…
Strategies for Improving Job Margin: In the first part of our article (March ASA), we looked at the pressures on an accounting firm’s profitability. Now we will explore strategies to improve the gross margin of an accountancy business as we look further at some aspects of reducing write-downs. Take three steps to receiving client records…
Globally, and increasingly locally, there is growing noise about the rise of artificial intelligence (AI), which has led many technology futurists to predict a utopia for humankind while others predicted, paradoxically, that millions of jobs would soon be obsolete and taken over by robots, not to mention the coming apocalypse. However, I believe these views…
The robots are heading straight towards us and we are inviting them in to our homes, workplaces and vehicles. Not surprisingly, because they make our lives more convenient, our work more efficient, our buildings more sustainable and our roads safer. But at the same time we need to think about how we maximise the upside…