SAICA has published the results of the Assessment of Professional Competence (APC) – in many ways the most gruelling assessment of an aspiring chartered account’s life. I wish to congratulate the class of 2019 for their achievement and all our members and partners who played a vital role in this regard. Of the 3 560…
This article provides an overview of the responsibilities of the auditor in terms of going concern, including reporting a matter relating to going concern as a KAM In the current economic climate, the ability of an entity to continue in business for the foreseeable future is receiving more attention than ever before. In terms of…
The growth of assurance being provided on sustainability and integrated reports has required the auditing profession, through the Independent Regulatory Board for Auditors (IRBA) Sustainability Standing Committee, to consider the value to be achieved through the provision of assurance on those non-financial indicators that have been identified by the client. The Sustainability Assurance Engagement Practice…
In recent times, South Africans have been numbed by the sheer staggering numbers of wasteful, fruitless, unauthorised and irregular expenditure. In common definition, this is the type of expenditure that should not be tolerated by citizens whatever technical justifications are attached to their occurrence. The very existence of such expenditure suggests that those that persistently…
Coronaviruses are a family of viruses that can cause illnesses such as the common cold, severe acute respiratory syndrome (SARS) and Middle East respiratory syndrome (MERS). In 2019, a new coronavirus was identified as the cause of a disease outbreak that originated in the city of Wuhan in China. The virus is now known as…
Wealth Advisorou’re never too old to be an entrepreneur. While being an entrepreneur potentially carries higher rewards, it also carries extreme risks. And can one afford to lose a lifetime of savings at such a late stage? Mike Lledo CA(SA)IndependentFinancial Services Consultant Amazon’s Jeff Bezos just sold 3% of his stock for $3,5 billion. He…
Millennials want to have an impact, not only in your organisation but in the world. They want to know how the work they do contributes to the company and society as a whole. Millennials got a bad rap when it comes to being part of the workforce: they don’t stay; they don’t like to be…
As the world’s 14th largest emitter of greenhouse gases, South Africa’s carbon footprint is through the roof. While it is true that these emissions are principally due to our heavy reliance on coal (particularly when it comes to our electricity grid), the World Wildlife Fund estimates that our ecological footprint is about 2,8 hectares per…
The JSE ALSI recovered more quickly than the major US and UK indices during the last two crashes. The global economy was already on a fragile footing when a Black Swan appeared in January 2020 in the form of coronavirus disease 2019 (COVID-19). The impact of the disease and the fallout from countermeasures have jolted…
The COVID-19 lockdown currently in place will have an impact on tax-related matters. This includes contact with SARS, returns and payments due to SARS, as well as disputes. It also has an impact on employers and their employees. While a lot of information was available at the time of writing of this article, it is…
