LATEST ARTICLES
ARTICLES FROM COVID-19 HUB
Crisis Communication: Moving through crises
Like an earthquake, in its wake the COVID-19 crisis will result in aftershocks that will permanently reshape the world. It’s also a defining moment for humanity in which we can look further into the distance to imagine what the world may be like in the coming weeks and months, and perhaps see a turning point…
On strategy Shoprite’s strategy in the time of COVID-19
With a background in financial management and business valuations, I have always been intrigued by ‘strategy’, that thing that ultimately sets a company apart from the next and probably, together with strong leadership, the main driver behind sustained value creation. In a series of interviews, I will be exploring different business leaders’ (all chartered accountants)…
Ethics in a time of crisis
If there is any situation that is going to show your true colours, it’s a crisis. At SAICA we are passionate about helping our members, and we want to arm you with all the information you need to navigate your way through the COVID-19 crisis successfully and with integrity. As part of our ‘Leadership in…
How getting creative can help you in a crisis
‘Collaboration, community and creativity are our best hopes for the future.’ This is according to Port Elizabeth artist Duncan Stewart, who spoke about developing and enhancing your inherent creativity as a tool to future-proof yourself at SAICA’s ‘Leadership in a Time of Crisis’ webinar series. ‘I suspect it’s a bit of a risk on SAICA’s…
The future of work
As part of SAICA’s ‘Leadership in a Time of Crisis’ webinar series, Willem van der Post CA(SA), CEO of xTech.Capital, shared some thoughts on what the workplace of the future will look like, especially in a post-coronavirus world. The new normal. It’s all everyone’s talking about. But what exactly does it mean? I’m not a…
Optimism among finance leaders about reopening
As work sites slowly start to reopen, CFOs are optimistic they can keep their customers and employees safe. As COVID-19 restrictions continue to slowly lift in some countries while others remain in lockdown, PwC’s latest COVID-19 CFO Pulse report reveals a sense of optimism among finance leaders about their companies’ ability to reopen safely. Seventy-five…
Increased cybersecurity awareness during the pandemic
With companies making use of increased mediums of technology to conduct work-related activities, the emphasis on cybersecurity has intensified. However, while there may be a number of security measures in place, the end-user will always remain the most vulnerable target. Creating a culture of cybersecurity awareness is therefore a key component to help combat cyber…
Covid-19: South African Businesses Must Predict Cashflow During Crisis
The modern world is facing a unique and unprecedented time. Lockdown and social distancing measures have been introduced across the globe, with South Africa implementing some of the strictest. The South African government closed most businesses on March 27th in a bid to curb the spread of Covid-19 — a business confidence index has fallen…
Investing during COVID-19
At SAICA’s ‘Leadership in a Time of Crisis’ webinar series, Investec’s chief investment strategist, Chris Holdsworth, shared insights on how the pandemic is shaping investment strategie. As if there isn’t enough to worry about during the COVID-19 pandemic, many people have seen their investments tank over the past few weeks. Chris Holdsworth explained how he…
COVID-19: Future trends and their impact on the world
The trends shaping our world of tomorrow are changing rapidly with COVID-19. In this article, the multi-level perspective on societal change model will be used to explain various trends and their potential impact on the economy, politics, technology, society and resources. We are operating in a new, fast-evolving multipolar global landscape in which challenges are…
ARTICLES FROM ACCOUNTANCY SA
#CALife & Style: Enjoy your coffee in style
From wedding gifts and housewarmings to birthdays and anniversaries, Carrol Boyes is well known for the range of functional art pieces that fit seamlessly into your home, creating a stir wherever you find them. They have just introduced a new range of ceramic cups featuring the famous Sketchbook drawings. Now you can sip your espresso…
#CALife & Style: A lifelong purchase
For African Ostrix team members Chris Joubert and Noleen Franken, it all started with wine – for many years producing, marketing and selling some of South Africa’s best wines! Back in the 1990s, Chris ventured into ostrich farming and had a new dream to create locally manufactured high-end quality ostrich leather products. Today, more than…
Viewpoints: Pivoting: The new buzz word
Financial Consultant & CoachPivoting became an essential survival tool for multiple entrepreneurs, businesses and employees whose income was impacted in this time. Despite all the negativity, it was inspiring to witness the creativity and future success stories that arose as a result of pivoting. Ronel Jooste CA(SA)Director at FinanciallyFiTLifeand author, speaker and radio talk show…
Viewpoints: Millennials – you have hit the jackpot!
Wealth Advisor‘Compound interest is the Eighth Wonder of the World. He who understands it earns it’ – Albert Einstein. ‘My wealth has come from a combination of living in America, some lucky genes, and compound interest’ – Warren Buffett. Time is your jackpot! Mike Lledo CA(SA)IndependentFinancial Services Consultant ’Affluent millennials are economically optimistic but afraid…
Viewpoints: Millennials shaping a new normal
Social Enterprises AdvisorGiven the events since March 2020, it is clear that the world will need to adapt rapidly to new models of operating ranging from the workplace, to how we socialise, engage with friends and family, and travel Priya Singh CA(SA)Social Enterprises Advisor Reflecting over the past few months, it is almost inconceivable to…
Viewpoints: Different is the new black
Business Innovator and CatalystAt what stage do we have to redefine the term ‘working differently’? By its very definition, different implies that there are people that have redefined the way they work that is different to the rest. Thanks to our new friend COVID-19, these ‘different’ ones are no longer different, as we are all…
SMEs’ reporting revival and COVID-19
Even IFRS and the world-class work done by the IASB cannot escape the clutches of COVID-19. IFRS for SMEs and its evolution may also be a victim of the global pandemic. Late in 2019, the International Accounting Standards Board (IASB) sent out a request for information (RFI) to assess the market’s appetite for the potential…
Accounting for a sustainable world: Why quality disclosure is required
The unprecedented challenges posed by COVID-19 have reminded us that we are an interconnected global community. While this crisis rightly has dominated our attention, we must not lose sight of progress on the broader aims of the Sustainable Development Goals and the Paris Climate Agreement. Like the pandemic, our response must transcend national boundaries, engage…
Common mistakes in preparing the cash flow statement
Some entities may have given the preparation of the cash flow statement less prominence in comparison to other statements in the financial statements. However, the cash flow statement remains an important part of the financial statements. The cash flow statement is an integral part of the financial statements. This statement informs users about the actual…
Three ways AI turns accountants into changemakers
How AI helps accountants deliver forward-looking insights and how AI and Machine Learning can help accountants stay competitive. Artificial intelligence (AI) and automation have brought the accounting profession to a point of pivotal change, and it is about to revolutionise the way that accountants work. AI is already good at automating repetitive accountancy tasks, which…