Project Siyakhula is a Deloitte-sponsored initiative that invests time to mentor and motivate students. It tutors Mathematics and Accounting to Grade 10, 11 and 12 learners from schools in Ivory Park. The word Siyakhula is derived from the isiZulu word meaning ‘we are growing’ and, boy oh boy, has it grown! Veryl Mulder interviewed three…
Chartered accountants’ daily job entails working with numbers and finances in its many forms, for example auditing and analysing financial records, financial reporting, taxation, and so much more. As financial professionals, we also offer financial advice to big corporate companies – however, we seldom get proper financial advice when it comes to our own personal…
Thomas Siakam CA(SA) is a senior consultant at a boutique advisory firm in Paris specialising in banking with a focus on risk and IFRS implementation Thomas Siakam had the opportunity to move to Paris a few months ago and he jumped at the opportunity. He is thoroughly enjoying the experience and on weekends you’ll find…
Gallup research indicates that the global rates of employee engagement are at an all-time low, and the findings once again point to managers, who account for up to 70% of the variance in engagement. It is no surprise that the common element in both employee engagement and retention is management ‘People leave managers, not companies’…
I bought my first annuity when I was 22. Few questions were asked; I was actually flattered that a big company contacted me to set up a portfolio with them. For the last two years, we haven’t had a financial broker, for several reasons: bad service, their inability to answer real questions, and our own…
On 20 April 2017, the International Auditing and Assurance Standards Board (IAASB) issued the Exposure Draft: Proposed ISA 540 (Revised), Auditing Accounting Estimates and Related Disclosures (ED), for comment until 1 August 2017. This is an overview of the proposed changes WHY IS THE ISA BEING REVISED? The main reasons provided by the IAASB in…
The Modified Flow-through Principle is a special provision in statement 100 paragraph 3.4.3.1 of the B-BBEE codes that reads: ‘Where in the chain of Ownership, Black People have a flow-through level of participation of at least 51%, and then only once in the entire ownership structure of the Measured Entity, such Black participation may be…
Who says numbers are all cold logic and music all emotion? That’s nonsense, says Lesego Sennelo CA(SA), who appreciates the richness of both Live from the inside out. That’s Lesego Sennelo’s mantra. It’s by rooting yourself in love, and then choosing to live out love through your words and actions, she says, that moment-by-moment, day-by-day,…
Uncertainty is a Certainty Don’t just do something, stand there! Income is not wealth Regulating Crowdfunding in South Africa Uncertainty is a Certainty Just 88 days into the New Year President Jacob Zuma announced a major cabinet reshuffle, prompting a surprisingly quick downgrade from ratings agency S&P Global Ratings (S&P). In one week the rand…
This is part three of a three-part series on integrated reporting. In the first article, we tracked trends and improvements that we have seen over the first six years since the introduction of integrated reporting in South Africa. In the second article, we looked at developments in the business model and the capitals. In this,…
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