:The software you choose is not the only variable that determines the success of your consolidation software implementation. ” Prevent costs and headaches later by selecting the ‘right fit’ solution Companies with multiple cost centres or business units usually reach the point of needing to adopt a financial consolidation solution. The time is ripe to…
“The integrated report is an outcome of the integrated reporting process – and importantly, it is based on the foundation of integrated thinking in a company.” The finalised integrated reporting framework may transform corporate reporting worldwide This year will be remembered for the birth of a new prince … and the birth of an accepted…
Producing an integrated report can be a tedious and stressful affair, but automated tools are becoming available. Most organisations have sophisticated intelligence and analytical tools in place for planning, budgeting, forecasting and consolidation, also known as the ‘first mile of reporting’. However, when compiling monthly and annual reports, all data is initially extracted from Excel…
“There is no downside to having a qualification as a chartered accountant, only upsides. One of the things I have learnt here at PSG is never to use the word ‘I’ but rather use the word ‘we’” Jannie Mouton is one of South Africa’s most successful and influential businessmen. Accounting SA had a rare opportunity…
“Differing accounting recognition and measurement criteria, applied to various components of a hedge relationship, create volatility in financial reporting” Hedge accounting is becoming imperative for companies exposed to exchange rate volatility The recent volatility in the South African rand (ZAR) has seen many local corporates scrambling to control the impact of dwindling local currency value…
SA welcomed into Financial Times Group global survey Investec has been recognised by London’s Financial Times Group as the Best Private Bank and Wealth Manager in South Africa, at the 5th Annual Global Private Banking and Private Wealth Management (PWM) Awards, hosted in Geneva. Significantly for South Africa, it was the first time in the…
If each CA(SA) donated R500 per annum (fully tax deductible), SAICA could support 50% more bright young students At the inaugural North-West dinner for the Association for the Advancement of Black Accountants in South Africa (ABASA), many accountants were left wondering as to how one particular family could produce such provincial success in the accountancy…
“Capital investments made by organisations result in the commitment of significant resources to projects expected (in most cases) to enhance the value of the organisation and/or provide shared community benefits over time.” An Australian study reveals trends in incorporating sustainability impacts when making capital investment decisions The past decade has seen the emergence of significant…
“It is important to note that there is a lot of ‘greening’ that companies can do with existing buildings.” Going ‘green’ is now mainstream for cost-efficient building design A ‘green building’ is defined as one that is energy efficient, resource efficient and environmentally sustainable. It incorporates design, construction and operational practices that significantly reduce or…
“Its D4D diesel engine is rather loud and is low on power until warmed up. Then there is sufficient power to pull almost anything on wheels” Many years ago Toyota launched the Fortuner and it immediately took the market by storm. Some, including myself, questioned its popularity – given that it resembled a Hilux with…
