LATEST ARTICLES
ARTICLES FROM COVID-19 HUB
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…
Covid-19: Humanity will rise as a force, stronger than a disease
Lockdown is like standing on the edge of what is known and unknown At the edge, you have options 1. You stand still, hoping that things go “back to normal” or 2. You wait to be rescued; or 3. You embrace the opportunity and boldly find your wings to fly. During Lockdown, there were many…
COVID-19 is likely to reshape the world – here’s how accountants can help
By Pieter Bensch, Executive Vice-President at Sage Africa & Middle East As an accountant, you have an invaluable role to play in helping your clients survive the COVID-19 outbreak and its economic effects. With the pandemic and the national lockdown battering nearly every company in South Africa, they need your counsel and practical advice more…
ITC and APC EXAM dates change due to Covid-19
We find ourselves in significantly challenging and difficult times: a constantly changing world which is volatile, uncertain, complex and ambiguous. With these uncertain circumstances we all need to rapidly adapt to change. Like many other organisations, SAICA finds itself in the position of having to make some very difficult decisions, particularly about the upcoming SAICA…
COVID-19 crisis – Audit offices responding in times of crisis
The outbreak of the global coronavirus pandemic has demanded an extraordinary response by governments around the world. The fight against the biggest health threat of our time requires of every parliament, organisation, company and individual to respond quickly to this challenge. It cannot be business as usual. The same applies to national audit offices. Not…
What good leaders do in a time of crisis
As part of SAICA’s Leadership in a time of crisis webinar series, CA(SA) and CFO of Discovery Health, Brett Tromp, shared his thoughts on what good leaders can do in a time of crisis. In good times, a leader’s role is straightforward: keep your company afloat, your staff employed, and your customers satisfied. It’s during…
The economic impact of COVID-19
SAICA hosted a webinar on 6 April 2020 where Annabel Bishop, Chief Economist for Investec Bank Limited South Africa, spoke about the effects of sub-investment grade status and the coronavirus on our country’s already struggling economy. SAICA is offering a ‘Leadership in a time of crisis’ webinar series as part of the Institute’s response to…
A Thought (or penny) to spare
While many have hunkered down literally ‘zooming’ across the net attending webinars, conference calls and Pilates classes from the comfort of their homes relatively safe from contracting the SARS-CoV-2 virus, fellow South Africans are facing an even bigger threat from the economic fallout created by the lockdown; the very tool deployed to prevent the spread…
SAICA Disciplinary Report Quarter 1 2020
Overview of the disciplinary process All member complaints received by SAICA are referred to the designated officer and allocated to the Legal and Discipline Unit staff for case management. All cases in which SAICA has jurisdiction are prepared for submission to the Professional Conduct Committee (PCC). The PCC is an independent committee chaired by either…
Wits PhD student wins award for invention vital to fighting COVID-19
Over five years Michael Lucas, a PhD student in the School of Mechanical Engineering at Wits, has developed a metallised coating that can be added to surfaces in hospitals to make them capable of self-sanitising. Lucas explains that most hospital surfaces are made of stainless steel and plastic and are sites of contamination. By adding…
ARTICLES FROM ACCOUNTANCY SA
The rise of responsible, sustainable and inclusive capitalism
Evolving stakeholder needs The world is grappling with complex challenges such as climate change, the depletion of natural resources, technology disruptions and the impact of global pandemics like COVID-19. Traditionally, corporate reporting has been mainly centred on the financial performance of an entity. This is now evolving as stakeholders are interested in not only the…
#weFEEDsa
Zahid and Zahida Fakey are both CAs(SA) and far from the typical couple. They have taken a unique journey to find their ultimate purpose in life and today we read about their extraordinary story. Last year, in Level 5 of lockdown, the opportunity to make a difference blatantly presented itself and they courageously launched #weFEEDsa…
April 2021 Issue
The next normal A little bit more than a year ago our lives changes forever when our country went into a full lock-down. People were talking about the “new normal”, while everyone were unsure what exactly that would entail. Fast forward to today and there is still uncertainty about what exactly is in store for…
From distress to success
After making the tough decision to enter your company into business rescue protection, you are faced with making the most important decision for the business’ future success – who do I appoint as my business rescue practitioner (BRP)? Planning to enter business rescue It is well documented that the key to success in the business…
Teaching others to be financially savvy
After attending a conference in Amsterdam, Kalene Smalberger had a lightbulb moment when she realised how great the need was for entrepreneurs to understand the basics of finance. She landed back in South Africa and has since launched various financial courses that are making an incredible difference, right from kids to entrepreneurs, on how to…
5 Key areas to test when building an effective audit plan
Auditors today are working in an exceptionally complex and ever-evolving industry. In an environment where there is pressure to add more value with fewer people and less time, auditors are challenged to discover more risks, audit more areas, and uncover fraud for their clients. Yesterday − ineffective audit planning methods Historically, audits have often been…
4 predictions for digital finance in 2025
The digital transformation of the finance function has continued relentlessly throughout 2020. We’re already starting to see the paybacks from making small, incremental changes to financial workflows by adopting emerging technologies. The pandemic is accelerating the speed of change and catalysing more investment in end-to-end automation and remote working. Where will the digital transformation of…
8 Sustainability trends shaping business in 2021
As the global economy recovers from the impact of the pandemic, businesses have an opportunity to re-build with more socially and environmentally sustainable models. WWF South Africa has identified eight sustainability trends for businesses to watch and focus on in 2021. These are discussed below. Time to ‘build back better’ WWF South Africa is encouraging…
Habits to boost your productivity
As unbelievable as it may be, we are well into 2021 and it doesn’t seem like life is going to slow down any time soon. But what if your new year’s goal was to try to reduce your stress this year, asks Helene Vermaak, business director at corporate cultural experts The Human Edge. ‘Motivation is…
Cover Story: Movers and shakers in the digital era
Building her personal branding: Zimasa Tile Zimasa Tile (29) from Johannesburg could be described as influential and inspiring, both in and out of the office. As a business manager to the head of investment banking South Africa (IBSA) at Standard Bank, Zimasa’s adult life is a far cry from the little orphan girl from Mount…