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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BOOK REVIEWS

Name: A Guide to the Consumer Protection Act Author: Evert van Eeden Publisher: Lexis Nexis Price: R598.50 (Incl Vat) South Africa’s Consumer Protection Act has now been published and will become effective in two phases during 2010, a certain section in April 2010 and the rest most likely by October. I therefore started reading this…

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EXECUTIVE COMPENSATION

According to the King III report, which was released at the end of February 2009, companies’ boards are responsible for the development of remuneration policies. However, companies’ boards are now required to present the proposed remuneration policies to the companies’ shareholders for approval at a general meeting, which is in line with international best practice.…

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SEGMENT REPORTING IN THE PUBLIC SECTOR

The GRAP Standard on Segment Reporting (GRAP 18) was approved by the Accounting Standards Board (ASB) in March 2005, but the Minister of Finance did not approve implementation of this standard by entities for financial periods starting 1st April 2009 as had been suggested by the Board. Since then the International Accounting Standards Board (IASB)…

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TECHNICAL: ACCOUNTING

2009The IASB has revised IAS 24 – Related Party Disclosures, to provide a partial exemption from the disclosure requirements for government-related entities and to clarify the definition of a related party. The IASB did not change the fundamental approach to related party disclosures contained in previous versionS of IAS 24(AC 126), which requires entities to…

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SAICA NEWS: Ensuring a sustainable profession

In this article we will explore some of SAICA’s initiatives aimed at ensuring the profession’s future sustainability by leveraging off its regional presence. Transformation and growth including trainees SAICA’s transformation and growth strategy is implemented throughout South Africa via numerous projects and initiatives aimed at increasing the number of African and coloured students to study…

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