May 2024 Issue

Editorial As we step into the 30th year of democracy for South Africa we can reflect and celebrate as a nation how far we’ve come. We are a resilient nation, so let us keep our eye fixed on the future and keep moving forward. In this issue, we interview Ayanda Mafuleka, CEO of FASSET, which…

Accounting for employee share ownership plans

Focus: Accounting for employee share ownership plans

Employee share ownership plans (ESOPs) have become increasingly common for multinational, listed and unlisted companies operating in South Africa as a way to attract, retain and reward their employees. ESOPs can also be effective mechanisms to drive companies’ broad-based black economic empowerment (BEE) strategies and to align stakeholder and employee values. Accounting for these complex…

Attracting the right funding for your business and clients

Focus: Attracting the right funding for your business and clients

For accountants looking to grow their businesses or those advising their clients on a growth journey, there are many considerations when it comes to securing funding. Too often, entrepreneurs rush into seeking funding, despite not really understanding what funders are looking for. This approach can result in an overwhelming feeling of unpreparedness and disappointment for…