It is common for business owners to take out a policy for the purpose of enabling a person to acquire a deceased person’s share in a business. The share in the business can relate to the whole or part of the deceased’s interest in a partnership or the deceased’s share or like interest in a…
by Colin du Toit, Madelein Burger, Elodie Maume from Webber Wentzel On 5 November, the JSE Limited (JSE) announced amendments to its Listings Requirements to strengthen the regulation of primary listings and secondary listings. The amendments follow an extensive consultation process with the market and the public that kicked off in September 2018 after the JSE released a…
Nestled in the historic front-lines where the Anglo-Boer War’s Battle of Elandslaagte played out, Ladysmith’s Nambiti Hills Private Game Experience offers more than you expect. READ FULL ARTICLE
The new and revised auditor reporting standards became effective for audits of financial statements for periods ending on or after 15 December 2016. With more than two years of post-implementation experience, SAICA provides an overview and analysis of the revised format of the auditor’s reports of certain entities listed on the Johannesburg Stock Exchange (JSE).…
It is vital that the professional accountant be proactive in ensuring that sufficient safeguards are in place ahead of referral fees or commission being paid or received Professional accountants are required to comply with the fundamental principles and apply the conceptual framework set out in the Code of Professional Conduct of the South African Institute…
In an environment where accounting irregularities and auditing failures are in the spotlight, the pressure remains on auditors to enhance communication between them and investors, as well as those charged with governance, and to increase the confidence of the users of the financial statements in the auditor’s reports. A question remains, however, whether the users…
All professional accountants, whether in business or in private practice, must comply with the requirements of the SAICA Code of Professional Conduct of and whenever compliance with the Code is threatened, safeguards are the only way to ensure that the professional accountants ‘meet their responsibility to act in the public interest’ to which the profession…
In society, conventional wisdom holds that it is difficult to lead or negotiate or make demands from a position of perceived weakness. Leaders tend to adopt more of a stern, sometimes tyrannous attitude as a means to be taken seriously. Therefore, people, especially leaders, are expected to never show vulnerability. It now turns out that…
I find it helpful to remember that all of us struggle with decision-making from time to time – even highly successful people. We all make decisions every day. But as you become responsible for more people or projects, your decisions become weightier. It can be difficult to trust that you’re making the best choice. Here…
