Manage your Practice: How do you value small practices?

Understanding of various factors. Whether you’re a buyer or a seller, knowing how to accurately assess the value of a practice is crucial for a successful transaction. Let’s delve into the methods and metrics that should be considered to ensure an accurate and unbiased valuation. Understanding the valuation methods used for small accounting practices There…

Manage your Practice: Work–life balance equals self-care

We often hear about the importance of finding work–life balance. Why is this important? Perhaps because finding work–life balance is a form of self-care. We are all familiar with the concept of self-care and modern-day society often highlights the benefits. There are many positive outcomes in implementing self-care. Stress levels are reduced, less anxiety, a…

Lifestyle: Honda Civic RS

In the ever-evolving landscape of the automotive world, where innovation and practicality intertwine, a new star has risen − the Honda Civic RS Specifications Engine: 1,5-litre turbo POWER: 131 kW TORQUE: 240 Nm 0–100 KM/H: 8,3 seconds PRICE From: From R699 900 This latest addition to Honda’s esteemed line-up strikes a harmonious balance between family-friendly…

Lifestyle: A journey to Madwaleni River Lodge: Where Luxury Meets Wilderness

For those with an insatiable passion for travel and adventure, the world is a vast canvas adorned with captivating corners, each promising unique and unforgettable experiences. Among these, a recent pilgrimage to the Madwaleni River Lodge, ensconced within the verdant embrace of Babanango Game Reserve, stands as a testament to the harmonious coexistence of nature’s…

Advice: Heads-up on cancer treatment

Surviving cancer is something to celebrate – but not if the treatment leaves you with a lifetime of debt. Recognising the courage and determination of those who have triumphed over cancer, we shed light on the difficulties encountered by survivors and their families. One notable challenge is the financial strain that arises from the expenses…

Recommend: Empowering and educating non-profit board members for effective governance

On 24 February 2023, the Financial Action Task Force (FATF) took the decision to include South Africa on its ‘grey list’, thereby classifying it as a jurisdiction under increased monitoring. This greater scrutiny has a ripple effect on registration, banking, auditing and reporting requirements. It is critical that board members of non-profits be aware of…

Focus: Leading the way in accounting education for the 21st century

The world of accounting is undergoing a monumental shift, with technology and globalisation reshaping the profession. Professor Frans Prinsloo is redesigning teaching models to champion ethical grounding, real-world problem-solving, and a continuous thirst for knowledge. The world of accountancy is changing rapidly, driven by advances in technology and globalisation. To succeed in this new environment,…

Focus: How digital transformation is reshaping auditing

Digital innovation offers unique insights throughout the audit process, enabling auditors to offer increased value and efficiency in a demanding economy. The second 2023 SAICA Audit Reform Webcast held on 18 August and chaired by SAICA Executive for Audit and Assurance Thandokuhle Myoli explored the significant impact of digital technology on the audit profession, both…