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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Tax Implications of Digital Currencies

What are cryptocurrencies? According to the South African Reserve Bank (SARB): Cryptocurrencies (that is, decentralised convertible virtual currencies) are a sub-set of virtual currency. Bitcoin, Litecoin and Ripple are examples of cryptocurrencies. Legal tender are notes and coins issued by a bank. Although not legal tender, cryptocurrencies are exchangeable for legal tender and may be…

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The Death of Accounting

Blockchain SpecialistMONICA SINGER CA(SA)Blockchain Evangelist for ConsenSys The field of accounting owes almost its entire existence to the creation of double-entry bookkeeping. It is believed that the double-entry system was invented by medieval merchants in the Middle East. From there it was popularised by the major trading families of the Italian citystates of Florence, Genoa,…

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Cryptocurrency and South Africa’s Financial Future

Almost half of richer, digitally-savvy South Africans want to buy cryptocurrencies, according to new research from Business Insider. But are they a flash in the pan – or the future of finance? Cryptocurrencies are a subset of digital currencies which the Bank for International Settlements describes simply as assets represented in digital form. PayPal and…

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