Michael Olivier, who grew up on a wine farm with Rosé-drinking parents, looks at the making of Rosés and the range available today, and implores you to drink pink. Up to about the past five years or so, Rosé was pretty much regarded as a wine real wine lovers [and men] didn’t drink. It’s pink,…
During 2009, Therapeia has worked with seven dynamic first year trainees on the CA(SA) programme at Nedbank – each with a unique story on CPD. I have asked four of them a few questions on how they view their own learning. Thank you to Mashudu, Brad, Barend and Zen for sharing (sometimes not all four…
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.…
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)…
I consider myself a dab hand in the kitchen – after all I have been doing it for years, own hordes of recipe books and have a mother who has a fix for every flop. Don’t get me wrong – I’m not claiming any Michelin stars here, but my husband bears ample (excuse the pun)…
Over the past 12 to 18 months the world has experienced the worst economic crisis in 80 years. Beginning with the sub-prime disaster and the collapse of many banks around the world, the economic fallout spread to all sectors of the economy. We are now seeing signs of recovery in some European countries and parts…
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…
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…
The year 2009 has been riddled with change, challenges and lessons. In January, Barrack Obama became America’s 47th and first black president. In April, Jacob Zuma became South Africa’s fourth post-apartheid president. South Africa joined the long list of world economies to slip into recession, and was one of twenty-two of the world’s leading countries’…
A financial institution perspective The impact of the credit crunch has by now irrevocably changed the landscape of the economy. Companies have been forced to look at different and innovative ways of maintaining and improving on their operating cash flows. The practice of debtors factoring has since established itself as a legitimate alternative source of…
