In September 2017, Karin French, Chair of the Quality Control Task Force (Task Force), presented a webinar which provided an overview of the proposals that the International Auditing and Assurance Standards Board (IAASB) are considering in relation to the IAASB Project: Revisions to Quality Control for Firms. This is a high-level overview of the webinar…
DetailsDespite pursuing a financial career, chartered accountants seldom obtain proper advice when it comes to managing their own personal finances. This includes dealing with their last will and testament. One of the best ways of protecting any money or assets left behind for your children or other dependants when you pass away is by creating…
DetailsSurround yourself with the right people to give you the best shot at success along your journey. After all, business still has a human factor, says F R (Rhys) Robinson What do the movies Star Wars: A New Hope, The Lion King, Karate Kid, and Zootopia have in common? My answer is that they’re all…
DetailsFamily trusts, business trusts, property trusts, employee share trusts and even unit trusts – a trust is an age-old vehicle used for various purposes around the world. So why the large-scale speculation whether a trust can be used as an investment vehicle in B-BBEE equity transactions? The reason, in my opinion, is that trusts are…
DetailsToday, global society demands that organisations do well by doing good – make profits while sustaining society. It’s an expectation driven by global financial crises, savvy millennials, the effect of digital technologies on freeing the flow of information and more. Today’s healthcare insurers have a powerful social role to play. Alongside government, they can directly…
DetailsWhile it may be daunting to plan your finances a whole year in advance, it is possible to break it up into more manageable chunks by dealing with one area per each month. January: Create a budget Develop a budget template by recording both expenses and income so that you can easily identify areas of…
DetailsI chaired the session on this topic at the 2017 Tax Indaba. The experts on the panel that provided valuable input into the discussions on stage and also reflected below were Cheryl Howard CA(SA) from Talaria Wealth, Johann Jacobs from CDH Legal, and Louis Venter from Wealth Succession. There are various reasons for creating a…
DetailsSo much has changed since the start of the Industrial Revolution. If you were to compare what the media, advertising and the world have been selling you for a so-called happier life, it is almost contradictory. What has the opportunity costs been for these lies? Today you know that true fulfilment comes from within. Happiness…
DetailsImportance of foresight Capital evolution SAICA’s new Health and Wellness Advisory group Accountants to save the world Integrated Reporting Project Awards Importance of foresight With a multitude of research available on the importance of long-term business planning, most organisations still focus on short-term targets even during times of zero economic growth, and this leads to…
DetailsThe art of being present As South Africans we are blessed to live in a beautiful country with great weather. Especially now that summer is here, we can spend our free time outdoors to soak up the sun. Unfortunately, what’s been happening in our business world and with our down-spiralling economy and ever-weakening rand has…
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