Why numbers are important

Nyawa Dikwayo loves numbers because they help identify developmental needs and create accountability For Nyawa Dikwayo, having a good teacher made all the difference. It was when she got to Grade 10 that her love for numbers and problem-solving was nurtured by an accounting teacher who helped her achieve her potential and planted the seed…

Recommend: Changes to ISA 315

According to the International Auditing and Assurance Standards Board (IAASB), International Standard on Auditing 315 (Revised 2019), Identifying and Assessing the Risks of Material Misstatement (ISA 315 (Revised 2019), has been revised to promote robust and consistent risk identification and assessment After reviewing the changes to ISA 315, I agree that the changes have clarified…

Feature: SAICA ethical realities podcast with Mpho Mookapele – Mariétte Venter: the VBS saga

Mariétte Venter was the acting Chief Financial Officer (CFO) of the Capricorn District Municipality in Limpopo in 2016. The municipality was one of many which had invested funds in VBS Mutual Bank while Venter was on maternity leave. Venter recognised several red flags, demanded the money back and was suspended for her efforts. This is…