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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ARTICLES FROM COVID-19 HUB

ArticlesCovid-19

Working from home to reduce COVID 19 infection rate has created another – an endless working day!

Ever hear the phrase “Trying to solve for one problem, creates another” Working from home to reduce COVID 19 infection rate has created another – AN ENDLESS WORKING DAY! With the unwinding of Lockdown, most people will still be advised to work from home. Having to sit for more than 8 hours a day in…

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COVID-19 crisis points to the need for robust succession plans

COVID-19 crisis points to the need for robust succession plans Institute of Directors in Southern Africa 28 April 2020   Scene of Public indoor with barrier tape .Closing building during coronavirus COVID-19 epidemic concept Although it’s recommended in King IV, succession planning is often neglected because it’s an uncomfortable subject. The COVID-19 crisis should act…

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Will the COVID-19 crisis close the wage gap?

Will the COVID-19 crisis close the wage gap?  Internationally, there is a growing trend to reduce executive pay in response to the current COVID-19 crisis. South Africa is following the trend, with several private sector companies voluntarily announcing reductions and donations in executive pay, among them Woolworths, EOH, FirstRand, Vodacom and Sibanye. The South African…

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The economic impact of COVID-19

The economic impact of COVID-19 SAICA hosted a webinar on 6 April 2020 where Chief Economist for Investec Bank Limited South Africa, Annabel Bishop, spoke about the effects of Sub-investment grade Status and the Coronavirus on our country’s already struggling economy. The South African Institute of Chartered Accountants (SAICA) is offering a Leadership in a…

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Turning crisis into opportunity

Turning crisis into opportunity During lockdown, you may not be able to work in your business, but investor and entrepreneur, York Zucchi, shares expert tips on how you can work on your business Johannesburg, 23 April 2020 – If there’s anyone who knows how tough running your own business is, it’s entrepreneur and investor, York…

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How to save a company from the impact of COVID-19

How to save a company from the impact of COVID-19 By John Evans CA(SA) – RS Advisors   Johannesburg, 17 April 2020 – The global outbreak of Coronavirus and the subsequent national lockdown announced by President Ramaphosa in March 2020 have undoubtedly impacted many companies. John Evans from RS Advisors, and a member of the…

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Business Rescue: Economic Remedy For Covid-19?

Business Rescue: Economic Remedy For Covid-19? By Professor Raj Rajaram The COVID-19 virus has ruthlessly battered the world’s economy and its citizens’ health. The timing of the virus infection and the subsequent lockdown could not have been worse for South Africa. Our economy, already grappling with low GDP growth and high levels of unemployment, suffered…

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Practical steps during and after the Covid-19 lockdown for business recovery (and growth)

Practical steps during and after the Covid-19 lockdown for business recovery (and growth) Right now, most owners of small and medium size (“SME”) businesses have been out of business for three weeks. Some have been able to continue paying their employees, their rent, their utility bills, their creditors – others have not. With another two…

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ArticlesCovid-19

New Series: Virtual leadership in a crisis – support for leaders by Talita Ferreira CA(SA)

Virtual leadership in a crisis – support for leaders Author: Talita Ferreira CA(SA) “Identify what you are feeling and where you are as a leader” As leaders, we are like a contagion. How we show up will impact our teams. #Leadingvirtually is no different. We might be #feelingpressure and dealing with the #crisisplanning one moment…

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ARTICLES FROM ACCOUNTANCY SA

ArticlesFocus

Ethical conduct starts with personal values

When asking a school child what values his/her school embraces, he/she will quickly tell you: respect, honesty, fairness, responsibility, acceptance, excellence … We all develop personal values from a very young age, and these values are personally embedded in who we are, where we come from, what we have experienced, and how we see the…

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ArticlesEditor's Choice

Old Mutual on building CA(Libre)

In February 2020, Old Mutual launched OM CA(Libre) – a programme aimed at building a community around the more than 250 chartered accountants employed across Old Mutual Limited − to enhance their sense of belonging and to build a shared purpose, values and identity. Built on the foundations of a long and admirable focus on…

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Cloud accounting software market growing significantly

Cloud adoption and the business growth it enables will be critical for growth in a global post-COVID-19, recovery. According to Verified Market Reports, the global cloud accounting software market is forecast to grow at a significant rate, growing at 8,5% in the forecast period 2019−2025. While the forecast was made in 2019, the market, global…

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Creating an ethical training environment

Training offices play a critical role in developing future SAICA members and associates. For a long time, the emphasis of the training programme has been on providing an opportunity for trainees to practise and demonstrate technical competence while developing as professionals. The amended training programme competencies in 2016 started to place more emphasis on professional…

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Towards better ethical decision-making

Ethical decision-making rooted in the fundamental principles, supported by the decision-making framework known as the conceptual framework, and informed by efforts to address the five sources of bias produces a better result, insulates the decision-maker from questionable conduct, and is superior to an ‘I know best’ approach. There is a school of thought commonly held…

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Leaving a legacy

People who changed the profession Whether they were driving transformation or working to instil a culture of ethics, the pioneers who shaped the accounting profession in South Africa have one thing in common: their passion for the industry spurred them to do all they could to ensure it is world class. Every industry has its…

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ArticlesCA ProfilesEditor's Choice

Thato tackles transformation

Thato Tsotetsi is forging a dynamic and exciting career while passionately playing her part in re-shaping the South African economic landscape. In 2020, advertising industry history was made when Joe Public United became the largest black-owned independent advertising agency in South Africa. It was a big moment for the members of Ikhamva Lakusasa, a newly…

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SAICA’s internal values and ethics

SAICA’s principal purpose is the enhancement of the relevance, values, competence and influence of its members in South Africa and abroad, and to contribute to economic and social development in South Africa as documented in its constitution. To achieve its purpose, SAICA has adopted as one of its fundamental and enduring long-term ancillary objects for…

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ArticlesEditor's Choice

Digital technology transforming the role of the CFO

Today’s CFOs are transforming into real-time analysts and they are part of a C-suite force leading the digital transformation agenda in their organisations. Until a few years ago, digital transformation was not high on the agenda for most finance chiefs. Though they recognised that IT was important, most CFOs thought of digital as a technology…

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