We are all familiar with the many accounting and auditing scandals in South Africa and across the world. Unfortunately, scandals are all too commonplace in the world of crypto − from international incidents like Mount Gox to local occurrences such as Mirror Trading International and, most recently, FTX. The numerous crypto scandals warrant a conversation…
DetailsThe AGSA’s Young Professional Award winners are on a quest to bring about change and transformation to the auditing and accounting profession by prioritising and enhancing accountability and transparency in everything that they do. These vibrantly skilled #cultureshifters are paving the way for the next generation of audit professionals through their unwavering commitment to insight…
DetailsAnnie McWalter, CEO of The Hope Factory and SAICA Enterprise Development, reflects on the positive impact they had in 2023. At the beginning of 2023, we had set ourselves the objective to continue to impact various communities throughout South Africa positively through small business development and the creation of new jobs in the South…
Details2023 was an exciting and eventful year! As we traverse the dynamic landscape of the accounting profession in 2023, we reflect on a few of the many engaging and insightful events that SAICA hosted, leaving an indelible mark on many of our members during this past year. Through extensive communication and engagement campaigns and activities,…
DetailsWhile many traditional and established banks remain profitable, it’s no secret that key performance measures are facing mounting pressure. Future profit growth for banks remains elusive, particularly with a rapidly growing fintech industry. New propositions delivered by fintechs have over some time challenged the value delivered by traditional banks. But just how disruptive are fintechs…
DetailsCould I have envisioned clinching the SAICA 2023 Trainee Trailblazer title? Not in my wildest dreams. As I contemplate the events of that memorable night, from the intricate steps leading to my place at the finalist table to the exhilarating moment of being declared the victor and everything that ensued thereafter, I find myself pondering…
DetailsTrue to the founder’s vision, Clico Boutique Hotel is a premier, serene and intimate establishment rightly positioned in the heart of Rosebank in Johannesburg. Its story begins with Jeanette Schwegman wanting to cater for travel-weary, discerning guests, and in addition to accommodating corporate guests as well as leisure-seeking tourists. The brief was clear, ‘create a…
DetailsFreeman Nomvalo’s five-year term as CEO of SAICA came to an end in December 2023. He was appointed in 2019 after the accounting profession had suffered a series of scandals, including the collapse of VBS Bank and Steinhoff, as well as a clean audit of the Gupta family companies. In Nomvalo’s final town hall, he…
DetailsSithembiso Freeman Nomvalo’s tenure as SAICA’s CEO has been defined by a series of transformative accomplishments that have solidified SAICA’s position as a vanguard institution in the accountancy profession. Nomvalo’s leadership has been synonymous with a commitment to value creation, resilience and a staunch dedication to serving the profession. Having joined SAICA at a time…
DetailsSince 86% − 89% of family businesses in South Africa Africa fail in succession in the third generation, this is a huge economic loss. The next generation of entrepreneurs deserves a challenging future. In a series of eight articles, Fred de Boer, an executive coach and business developer at PUM, shares steps to be put…
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