The introduction by SAICA of an outcome-based approach underpinning continuing professional development (CPD) may have come at a time where their member body requires it most – but do we realise why this is so? Saying that South African accountants are staring down challenging times could be easily construed as facing the proverbial ‘few bumps…
What are South African professionals’ views on career strategies and retraining in today’s job market? Traditionally, following a career path meant starting at the bottom and slowly working your way to the top. There was nothing unusual about working in the same sector, and often at the same company, for the whole of your professional…
A crypto expert at Mazars in South Africa explains what local regulations could look like and what crypto exchanges will need to do to survive these. Towards the end of last year the news broke that Binance, the world’s largest international cryptocurrency exchange by volume, had withdrawn their application for a licence to operate a…
Volume 1 of the second part of the Zondo Commission report, which deals with Transnet, graphically shows how important it is for a CEO who has the right qualities to be appointed − and, consequently, earns the board’s respect. In terms of governance best practice, CEO appointments should be the prerogative of the board. Appointing…
South Africa is currently under severe financial constraints, with a contracting economy that cannot sustain current employment levels. Consequently the potential is there for a further credit-rating downgrade by the rating agencies and increased borrowing costs. Corruption is one of the contributing factors to these potentially disastrous challenge. The public sector is a significant part…
Fraud can hit organisations from various angles, and even though cybercrime and external fraud attacks are a huge risk, more often than many companies realise it is perpetrated from within. In fact, the Global Economic Crime and Fraud Survey showed that 41% of economic crimes in South Africa were committed by employees, compared to only…
We are living through what may amount to a Renaissance of new ideas, products and services due to the elaboration of blockchain technology, the development of Web 3.0 (the Internet of Value) and the ability to use the Internet to exchange and record transactions of value. To explain: Web 1.0 is defined as the ‘read-only…
Our profession’s image has been tarnished by individuals guilty of gross misconduct, polluting public perception about accountants and our conduct. I believe their behaviour to stem from seeing various public figures guilty of same, arrogantly escaping the rule of law in our country Evolving the value proposition of accountants together Anton van Wyk CA(SA) and…
When dreams come true. ‘Given all the resources I need to pursue my goals, I will continue to work even harder and give each day my best,’ says Daniel Ndlovu Born and raised in Entumbane township, Bulawayo, Zimbabwe, Daniel James Ndlovu completed his high school at Mpopoma High School in 2012. He enrolled at the…
The responsibility and scope of deliverables for business leaders have evolved from primarily achieving attractive financial returns to a broader perspective on value creation SHILUBA MAWELA CA(SA) Managing Partner: Tshiamo Impact Partners – an impact advisory and impact fund management firm Globally, there has been a shift towards greater accountability on businesses to address pressing…
