SAICA offers three reputable professional accounting and business designations from a foundational to a strategic level of accounting and business competence –

Accounting Technician [AT(SA)], Associate General Accountant [AGA(SA)] and Chartered Accountant [CA(SA)].

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Disclosure – The pathway to corporate reporting reform

In the 1980s, there were essentially three elements to corporate reporting: an income statement, which focused on profitability, a balance sheet that focused on solvency, and a cash flow statement that concentrated on movements in cash and essentially working capital. The associated disclosure, too, was relatively narrow. Notes to the balance sheet provided reconciliations to…

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Why are accountants and auditors so hesitant to embrace new technologies?

We explore some of the reasons for the lack of adoption of emerging technologies in the assurance space. The Fourth Industrial Revolution (4IR) and its associated technologies are creating a vast number of opportunities and millions of new jobs. Yet, accountants and auditors (collectively, assurance professionals) are not embracing these technologies at the same pace…

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The forgotten factor: The people behind the automated finance function

Many businesses are automating their finance functions in the time of digital transformation. There is certainly a case to be made for this. The time saving alone can save millions for any one business as repetitive tasks are streamlined and analyses processed, which of course all moves to support better strategic decision-making. It is then…

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Updated SAICA Code of Professional Conduct

These changes can be summarised as follows: Changes to the SAICA Code to align with the amendments made to Section 321: Second Opinions of the IRBA Code The changes include: The incorporation of practical and relevant guidance from Circular 01/2006, Giving Second Opinions (the Circular), issued by the IRBA’s Committee for Auditing Standards in November…

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The rise of responsible, sustainable and inclusive capitalism

Evolving stakeholder needs The world is grappling with complex challenges such as climate change, the depletion of natural resources, technology disruptions and the impact of global pandemics like COVID-19. Traditionally, corporate reporting has been mainly centred on the financial performance of an entity. This is now evolving as stakeholders are interested in not only the…

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