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Monthly Archives: July 2019

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SOE boards: It matters who gets appointed and how they get appointed

Advice, Articles, Latest NewsBy James SibiaJuly 3, 2019

Chief Justice Mogoeng Mogoeng, during his address at The Directors Event in Sandton, highlighted the issue of board and other leadership appointments in the public sector.  “I think we should begin to think about tests that people must be subjected to before they can be elevated to positions of high responsibility,” he said. “It is…

Do accountants need help with their own financial planning?

Advice, Articles, Latest NewsBy James SibiaJuly 3, 2019

The demanding nature of the CA profession means that time is often a commodity. While the pressurised environment can start from as early as undergraduate level, this does pay off, with CAs earning an average salary of close to R500 000 pa once fully qualified. However, full-earning potential is only realised later in life, which can…

Investec’s new leave and dress policy

Advice, Articles, Latest NewsBy James SibiaJuly 2, 2019

Investec is introducing new leave and dress practices for all South African employees. Staff will have the option to move onto a new leave system which will not seek to limit the number of days they can take per year.  The new dress policy will give staff the freedom to choose how to dress based…

Ramaphosa’s success plan for SA’s business and government sectors

Advice, Articles, Latest NewsBy James SibiaJuly 2, 2019

Authored by: Marisa Jacobs, Director at Xpatweb President Cyril Ramaphosa shared an optimistic lookout on the future for the Business and Government sectors within South Africa, at his State of Nation Address (SONA) on 20 June 2019. During the address, President Ramaphosa continuously encouraged Foreign Direct Investment (FDI) confirming that they continue to build a…

ITC Results: Transformation initiatives are paying off

Advice, Articles, Editor's Choice, FeaturesBy Andre van der MerweJuly 1, 2019

Despite chartered accountancy being one of those fields that faces a critical skills shortage, the Department of Higher Education and Training’s Top 100 scarcest skills in the country notes that there continues to be a shortage of chartered accountants entering the profession. Moreover, 70% of those in the chartered accountancy profession are white. With the…

ASA: July 2019 Issue

Advice, Articles, Editor's Choice, IssuesBy Andre van der MerweJuly 1, 2019

Read the magazine here now Download the magazine in PDF here now Editorial The power within us The need for good and ethical leaders has never been greater than now. Locally and internationally, there’s a leadership crisis. No two leaders are the same, as they manage and lead in different ways, but at the forefront…

Cover Story – Leading from the heart

Advice, Articles, CA(SA) Profiles, Cover Stories, Editor's ChoiceBy Andre van der MerweJuly 1, 2019

From managing a large retirement fund to ensuring safer skies in the country, Thomas Kgokolo, interim CEO of Air Traffic Navigation Services (ATNS), is passionate about creating a positive impact in corporate South Africa through good governance and sustainable leadership. Read the full article here. Watch the video interview below:

CPD: Proposed ISQM 1 overview of introductory paragraphs

Advice, Articles, CPD, RecommendBy Andre van der MerweJuly 1, 2019

The International Auditing and Assurance Standards Board (IAASB) issued three exposure drafts for quality management at firm and engagement levels in February 2019 with a deadline for comment of 1 July 2019. The suite of quality management exposure drafts includes ED-ISQM 1 discussed here. Read the full article here.

Digital technology offers light at the end of a gloomy ethics tunnel

Advice, Articles, EthicsBy Andre van der MerweJuly 1, 2019

South Africa should look to harnessing digital technology to improve transparency and underpin ethical practices in accounting and auditing. Read the full article here.

Advice: Horatio has left the group

Advice, Articles, Editor's ChoiceBy Andre van der MerweJuly 1, 2019

Horatio is a part of a group chat that comprises members of similar interests. A group decision has been made but Horatio does not agree with it. He realises that it is time to leave the group. He is struggling to press the exit button. What is holding him back? Read the full article here.

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