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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REGULARS: REAL WAYS TO STREAMLINE YOUR FINANCIAL CONSOLIDATION

Given today’s rapidly changing world and the unpredictable nature of many industries, companies are having to rely more and more on financial and operational data to inform strategic decisions. Finding a financial reporting solution that meets the business needs of today – and responds to the still-developing requirements of tomorrow – is therefore paramount to…

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ArticlesDevelop

ANALYSIS: IAASB IN SOUTH AFRICA: COMPLEXITIES & CHALLENGES

SAICA recently hosted representatives from the International Auditing and Assurance Standards Board (IAASB) where the complexities and challenges relating to extant ISA 315 (Revised) were heard ‘straight from the horse’s mouth’ in the context of the IAASB’s current standard-setting projects The IAASB is an international standard-setting body tasked with issuing standards that promote high-quality auditing,…

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ArticlesDevelop

VIEWPOINT: Do I need an investment strategy?

‘Investors who don’t have a strategy have been called sheep’ – Investopedia ‘If you don’t have a strategy, you’re part of someone else’s strategy’ – Alvin Toffler Only 6% of South Africans retire at the same standard of living they previously enjoyed. And about 33% of South Africans still have debt to pay off in…

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ArticlesInfluence

ANALYSIS: AMENDMENTS TO IMPAIRMENT STANDARDS

Since adopting the Standards of Generally Recognised Accounting Practice (GRAP) on impairment of assets, stakeholders shared practical challenges on the application of those standards with the Accounting Standards Board. This article discusses these challenges and steps taken by the board to respond to those challenges GRAP 21, Impairment   Non-Cash-Generating Assets, and GRAP 26, Impairment of…

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ArticlesInfluence

ANALYSIS: THE NEW AUDITOR’S REPORT

Challenges are being faced in the implementation of the new auditor’s report. Here are some tips gleaned from auditors’ initial experiences The most prominent change in the auditor’s report under the new and revised auditor reporting standards is the communication of key audit matters (KAM), which provides more entity-specific and audit-specific information to the users…

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