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

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Achieving mental wellbeing during Covid-19

Achieving mental wellbeing during Covid-19 As part of Saica’s Leadership in a time of crisis webinar series, clinical psychologist Navlika Ratangee spoke about how to achieve mental wellbeing during the Covid-19 crisis. You can still watch this webcast for free here. The South African Institute of Chartered Accountants (Saica) understands that the outbreak of Covid-19…

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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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ARTICLES FROM ACCOUNTANCY SA

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What you need to know about the CA2025 competency framework

It is important to remember that as professional accountants we have a responsibility to act in the public interest, with the SAICA Code as the ultimate guide in helping us to navigate these uncertain times. The 5th of March 2020 was a momentous day, in that it marked the day the first COVID-19 case was…

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What you need to know about the CA2025 competency framework

On 10 March 2021, SAICA officially launched the approved CA2025 competency framework to stakeholders. This framework describes CAs(SA) as responsible leaders who behave ethically and deliver sustainable value to a wide range of stakeholders, now and into the future. The CA2025 competency framework is the culmination of a detailed research project with extensive consultation among…

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KPMG South Africa partners with ABASA to advance smaller black-owned firms

KPMG South Africa announced that the firm has entered into an MOU with the Association for the Advancement of Black Accountants of Southern Africa (ABASA), which is to be represented through the ABASA Business Forum, to create more meaningful and broad-based commitment to transformation in the profession by providing training and providing market exposure to…

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SA doctor receives high praise from the Royal family

A South African ICU doctor, Zolelwa Sifumba, who has been avidly campaigning to support healthcare staff, received a video call from Prince William and Princess Kate on Commonwealth Day to let her know that she has been heard. Zolelwa has endeavoured tirelessly to highlight the myriad of issues facing doctors and nurses throughout the COVID-19…

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What are CEOs saying about the future?

This year, PwC’s 24th Annual Global CEO Survey polled 5 050 CEOs in 100 countries and territories over January and February 2021. Some of the key findings from the survey are: 41% are ‘very confident’ about their organisation’s prospects for revenue growth over the next 12 months. 51% report they have reduced staff in the…

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SDG 4: Safeguarding the future of education

Former president Nelson Mandela once said: ‘Education is the most powerful weapon which you can use to change the world.’ But education takes time –and we must act now to safeguard the future of education. Over the years we’ve seen how, through education, people from the most challenging situations have managed to break out and…

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March 2021 Issue

‘When nothing is sure, everything is possible.’ This is such a powerful quote from novelist Margaret Drabble. In an article in Psychologies about how to find peace in unpredictable times, the author suggests: ‘Place your hands on your heart, breathe deeply and tune into a dream for yourself, your loved ones, your community and the…

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UJ Accreditation Opens a New Career Path for Accountants

When it comes to addressing South Africa’s scarce-skills shortage, SAICA prides itself on accrediting programmes which enable students access to SAICA’s membership via various qualification routes. The accounting body recently added another point of entry into its diverse offerings when it confirmed that the University of Johannesburg’s (UJ’s) BCom Accounting and BCom Accounting (Extended Programme)…

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Special Report – Audit Reform: The ineffectiveness of South Africa’s anti-corruption strategy

Bafo Thomas Khanyeza Senior Lecturer at Unisa In this article, the world’s three different categories of anti-corruption strategies (auditing models) are explored, as well as the country’s own anti-corruption strategy, which is underpinned by the Auditing Professions Act of 2005 (APA). It is further investigated how the APA can be used in the public sector…

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Recommend: Public Sector

ANTI-INTIMIDATION IN THE PUBLIC SECTOR In October last year, SAICA focused on ethics and delivered a series of webinars to discuss the ethical challenges currently facing the chartered accountancy and auditing professions and come up with solutions to these challenges During a particular focus on ethics in the Public Sector, SAICA’s Senior Executive for Public…

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