Globally 89% of girls complete primary education, but only 77% complete lower secondary education, which in most countries is nine years of schooling. In low-income countries, the numbers drop to below two thirds for primary education, and only one third for lower secondary school. Limited educational opportunities for girls and barriers to completing 12 years…
In a world of exponential and continuous change, it has become more critical than ever to ensure that the role and teachings of CAs(SA) remain relevant. That’s why at the most recent Southern African Accounting Association (SAAA) Teaching and Learning in Accountancy conference, SAICA sponsored the prize for the best paper submitted for the conference’s…
Conditions of Entry The Top 35-under-35 awards are open to all Chartered Accountants (SA) who are 35 years old or younger, as at 31 December 2019. You have to be a registered member in good standing of SAICA with no past of pending judgements against you. All entries must be accompanied by an introduction video…
Beyond the classic model of Porter’s Five Forces, social expectations and environmental pressures are mounting on today’s businesses. Thankfully, tools exist to help businesses understand and improve their extra-financial performance. Today’s businesses find themselves having to constantly adjust to new expectations from an increasingly informed consumer base, to changing laws around how they must interact…
On 15 November 2018 the International Auditing and Assurance Standards Board (IAASB) issued the exposure draft of proposed ISRS 4400 (Revised), Agreed-Upon Procedures Engagements (ED-4400), for public comment by 15 March 2019. The project to revise ISRS 4400 was started seeing that the standard had been developed more than 20 years ago and the growing…
XBRL stands for eXtensible Business Reporting Language, which essentially is a global web-based computer language designed for business reporting. It is being adopted by regulatory bodies around the world and South Africa is following suit, starting with the Companies and Intellectual Property Commission of South Africa (CIPC).
Technology has advanced rapidly over the last few decades, particularly with regard to artificial intelligence (AI). This advancement has professionals across disciplines fearing the unknown and more specifically, questioning their role after the implementation of these new technologies. The chartered accountancy profession is no exception.
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…
Leadership Advisor BRETT TROMP CA(SA) CFO of Discovery Health What sort of leadership does the digital age demand? In a techdriven world, fast-paced change and ambiguity are the only certainty. Successful leaders are comfortable following a direction over a destination and give those they lead the same confidence. Are you ready for ‘Leadership 4.0’?
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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