Rethinking the effectiveness of an audit

The Brydon Review This is the second of our series of articles on audit reform. SAICA encourages all those affected to be proactive in any discussions on audit reform. This will allow the profession to avoid a scenario where lawmakers make changes that will have undesired and unintended consequences, all in the name of being…

Property Practitioners Act 22 of 2019

The effective release date of the Estate Agency Affairs Act 112 of 1976 (EAAA) clearly indicates that it was outdated. There has been significant change in economies, business laws and regulations, banking and other industries in the last 43 years and the revision of this legislation could be said to be long overdue. The Property…

Marking your own homework?

Most auditors welcome the opportunity to assist their clients in implementing new financial reporting requirements. But while a certain measure of assistance may be reasonable, auditors need to be mindful that there will be a stage where the auditor has provided so much input into the process that by the time they audit the results,…

Muneer Hassan CA(SA)

Viewpoints: COVID-19 tax relief

TAX Specialist Reacting swiftly to the COVID-19 pandemic, President Cyril Ramaphosa on 23 March announced an initial 21-day lockdown period. The announcement came with tax relief that will assist businesses impacted by the lockdown. Muneer Hassan CA(SA) Tax Consultant, Senior Lecturer in Taxation at UJ and Lecturer on the Gauteng Board Course On 1 April,…