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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COVID-19 Possible alternative futures for South Africa

The nature of the COVID-2019 pandemic reaches into every sphere of society – political, economic, social, technological, environmental and legal – necessitating careful consideration of the long-term consequences of our decisions in response to the pandemic and requiring alternative futures to be considered. The purpose of this article is to describe four possible alternative futures…

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Coronavirus accounting considerations

Coronaviruses are a family of viruses that can cause illnesses such as the common cold, severe acute respiratory syndrome (SARS) and Middle East respiratory syndrome (MERS). In 2019, a new coronavirus was identified as the cause of a disease outbreak that originated in the city of Wuhan in China. The virus is now known as…

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COVID-19 crash What South Africa can learn from previous market crashes

The JSE ALSI recovered more quickly than the major US and UK indices during the last two crashes. The global economy was already on a fragile footing when a Black Swan appeared in January 2020 in the form of coronavirus disease 2019 (COVID-19). The impact of the disease and the fallout from countermeasures have jolted…

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COVID-19 lockdown and tax-and unemployment-related matters

The COVID-19 lockdown currently in place will have an impact on tax-related matters. This includes contact with SARS, returns and payments due to SARS, as well as disputes. It also has an impact on employers and their employees. While a lot of information was available at the time of writing of this article, it is…

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COVID-19: Measures to mitigate economic impact

COVID-19: Measures to mitigate economic impact In the wake of the COVID-19 pandemic, the President, on Monday 23 March, announced significant and far-reaching measures aimed not only at slowing the spread of the virus, but also at mitigating its effects. In this regard, it has become clear that the pandemic will have an adverse effect…

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Risk, Resilience and COVID-19

Risk, Resilience and COVID-19 Opinion by Vanessa Thurlwell of Mondial Risk and Business Consultants and Craig Kent, Head of Risk Management at Aon South Africa. South Africa made it to 5 March 2020 before our first official confirmed case of COVID-19 was announced by Health Minister, Zweli Mkhize. The case load is now rapidly increasing…

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Company taxation in the time of COVID-19 lockdown

Company taxation in the time of COVID-19 lockdown Jared Waters a Principal at Bravura Structured Solutions, highlights the potential complexities that could arise for Corporate South Africa amidst the country’s COVID-19 lockdown period.   President Cyril Ramaphosa announced South Africa’s nationwide lockdown for a period of 21 days in an effort to slow down the spread…

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Covid-19: Financial and Business Lessons

Covid-19: Financial and Business Lessons The year 2020 was earmarked to be the ’20-plenty’ year. A year filled with great expectations, abundance, growth, achievement and joy. The outbreak of covid-19 brought those expectations to a sudden halt. It almost feels unreal that a virus can have this significant impact on the entire world. The world…

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Covid-19 lockdown and tax and unemployment related matters

Covid-19 lockdown and tax and unemployment related matters Authors: Piet Nel and Juanita Steenekamp SAICA The Covid-19 lockdown currently in place will have an impact on tax related matters.  This includes contact with SARS, returns and payments due to SARS, as well as disputes.  It also has an impact on employers and their employees.  Whilst…

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Covid-19: Important Tax Related Matters

Possible tax interventions to mitigate the economic effects of the COVID-19 pandemic in the South African context SAICA made a submission to SARS on 17 March 2020, requesting the Commissioner of SARS to consider various aspects regarding tax compliance due to COVID-19. The Tax Administration Act, 2011 provides for the potential remission of penalties and…

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ARTICLES FROM ACCOUNTANCY SA

ArticlesCA(SA) Profiles

Top 35-under-35 2020: Mbalenhle Zulu

Associate Professor, College of Accounting Sciences, UNISA Who are you on social media? Yourself or your profession? We live in an era in which most personal and even lucrative business transactions are concluded using online media or digital platforms. COVID-19 catapulted this process and almost all business is now conducted online. This also applies to…

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Top 35-under-35 2020: Millycent Mashele

Founder and Managing Director, The Legacy Centre The responsibility that comes with being the first Kamala Harris made history for being the first black female US vice-president elect. Most of us as young professionals have become the first in our communities or families to graduate, to qualify, or to be a finalist in the SAICA…

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Top 35-under-35 2020: Mojalefa Mosala

Business Ethics and Financial Accounting Lecturer, University of the Free State Re-imagining future leaders for erratic times through an unconventional approach The world is currently under various levels of restrictions due to the COVID-19 pandemic that has altered how we live our lives. What I thought was a haze turned into a storm that will…

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Top 35-under-35 2020: Nancy Chakabuda

Africa Middle East Controls Leader, Cummins Africa Middle East Integrity: The principle that never fails As the world faces a significant amount of volatility, uncertainty, socio-economic issues and events that will one day define our history, a spotlight turns towards the landscape of the moral leader, business integrity, and how we deal with everyday ethical…

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Top 35-under-35 2020: Nomonde Mdingi

Leveraged Finance Transactor at Rand Merchant Bank What-if scenarios: Ctrl-Alt-Delete How many times have the ‘what-if’ scenarios in your head stopped you from taking a leap of faith? If you are a woman, my guess is too many times to count. Sometimes we are presented with opportunities of a lifetime but because we are socialised…

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Top 35-under-35 2020: Ntokozo Mojapelo

Director at SizweNtsalubaGobodo Grant Thornton (SNG Grant Thornton) Time is of the essence The year 2020 has doubtless been one of the most difficult years in recent memory. No one could have foreseen the damage and disruption the COVID-19 pandemic has brought, wreaking havoc across all spheres of life. Its effects on the economy, society,…

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Top 35-under-35 2020: Petri Basson

Director IT Advisory: KPMG in the Cayman Islands What does the rise of digital assets mean for the CA of the future? In 2020 alone, we have seen some massive developments in the digital assets space: China announced that they were testing a digital yuan; public companies such as MicroStrategy and Square invested a percentage…

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Top 35-under-35 2020: Precious Mdlalose

Senior Associate, Subsidiaries and Significant Investments, Industrial Development Corporation (IDC) Rising from the ashes At the beginning of 2020, I declared it the year of change, of prosperity, of new beginnings, renewal, spring; I declared it MY year. 2020 turned out to be the most significant year for my generation. In the same way that…

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