The International Accounting Standards Board (IASB) at its meeting on 14 November 2018 tentatively decided to propose that: The mandatory effective date of IFRS 17, Insurance Contracts (IFRS 17), be deferred by one year, to 2022, and The fixed expiry date for the optional temporary exemption from applying IFRS 9, Financial Instruments (IFRS 9), which…
SAICA hereby informs staff that the hearing in respect of Mr Tshifhiwa Matodzi, the former chairman of the board of VBS Mutual Bank, was concluded on 19 February 2019. The Disciplinary Committee has ordered the cancellation of Mr Matodzi’s membership from SAICA in terms of SAICA By-law 30.2. SAICA can also confirm that the part-heard…
There have been several recent incidents where big corporates were taken on by small and medium enterprises (SMEs) or consumers. It is time that large corporates start acting in the best interests of SMEs . Woolworths has recently admitted that its baby carrier is ‘strikingly similar’ to Shannon McLaughlin’s Ubuntu Baba carrier and has stopped…
At the start of every new year, people are highly energised, focused and readily reaffirm their psychological contracts with the people and organisations around them. By some magical stroke of the clock, the mind is able to reset and start again in a symbolic slate cleaning process. Organisation Development Advisor Paolo Giuricich CA(SA)Founder and owner…
Workplace bullies can purposefully ostracise their victim and isolate them from the group or team. In a survey by the Trade Union Congress, referenced in Forbes, 46% of bullied employees reported bullying to have an adverse impact on their work performance and mental health, while nearly 30% per cent noted its detrimental effects on their…
Ponzi scheme! South Sea Bubble! Tulip mania! The dotcom bubble! These are some of the dramatic comparisons being made with the rise of cryptocurrencies and the blockchain. But Kevin Phillips has a different view. Business AdvisorKevin Phillips CA(SA) CEO of IDU Group
Speaking up often takes courage. Most often people fear a negative response to their ideas or, at worst, being ostracised. But if done successfully, it can achieve great things, not only for your company but for your career. In a Forbes article, ‘5 ways to build courage and competence for difficult conversations’, when you do…
Corporate governance specialist Parmi Natesan has an absolute love for what she does and a strong belief in the power of governance to transform business and ultimately the country as a whole. Corporate governance is a subject of heated debate in South Africa as more shareholders speak out against what is seen as maladministration or…
Alcohol, tobacco, pollution, gun control and discrimination are but a few of some very emotive issues and at the forefront of current debates. Increasingly, they take prominence in who we vote for, who we do business with and where we invest. But should you trade off ethics and investing? Wealth AdvisorMike Lledo CA(SA) Independent Financial…
On behalf of Chartered Accountants Worldwide (CAW), Edelman Intelligence surveyed over one thousand business leaders and key decision-makers across the UK, Ireland, South Africa, Australia and New Zealand to measure their trust in chartered accountants, the accountancy sector and business as a whole. In South Africa 250 respondents were interviewed.
