IT hardware has an estimated residual value of around 10%, this means South Africa’s largest companies could be receiving up to R4-million at the end of a 3-year depreciation cycle. If CIOs don’t act swiftly to recover residual value from their redundant IT equipment, staff will pocket the money. This is according to Xperien CEO…
DetailsAuthored by: Muhammed Goolab, Executive Committee Member of the South African Rewards Association Despite years of progress and an increased awareness surrounding gender equity in the workplace and society in general, women bare a disproportionate responsibility when it comes to childcare. This, combined with social expectations and gender stereotypes, are seen to place women at…
DetailsIs your data delivering information or is it just data? By Lyall O’Carroll, of Seidor Bluekey Each year, the SME Survey is released by SME Survey (Pty) Ltd. In 2018, the survey focused on accounting functions and the future role of accountants. Conducted among 1,400 SME decision makers, data showed that despite SMEs being traditionally…
DetailsAfter qualifying the long way as some would say, Damian Judge pursued the gruelling ‘part-time studying, full-time working’ route to become a CA(SA). He worked his way to financial director for two companies, Advanced Polymers in Johannesburg and Kaytech in Durban. When moving into commerce, Damian admits Advanced Polymers took a chance on a young…
DetailsIn any team or organisation, some individuals are consistently more likely to come up with ideas that are both novel and useful. These ideas are the seeds of innovation: the intellectual foundation for any new products and services that enable some organisations to gain a competitive advantage over others. However, organisations are often unable to…
DetailsBy Selina Bieber, Regional Director for Turkey and MENA at GoDaddy EMEA Entrepreneurship and female empowerment are two powerful potential catalysts for economic growth in South Africa. Bring them together in the form of higher rates of female entrepreneurship, and you have the potential to contribute to a significant increase in GDP and jobs over…
DetailsThis latest edition of the car sees BMW building in particular on the sporting tradition of the 3 Series, whose exploits in race competition have earned it so much extra dynamic credibility. The seventh generation of the sports sedan moves the game on once again in its segment in terms of driving dynamics, premium quality…
DetailsWe all know South Africa needs more entrepreneurs to ignite our economy and job creation, but access to finance is a major stumbling block to business success. Louw Barnardt, Dana Pretorius and Jacques Le Grange, founders of Outsourced CFO (OCFO), at just 30 years old have helped entrepreneurs raise over half a billion rand. And…
DetailsThe results of the Assessment of Professional Competence (APC) – the final hurdle in the seven-year (minimum) chartered accountancy qualification journey – recently released yielded critical insight into the quality of newly qualified CAs(SA) being produced for business. While the results reflect a decline in the pass rate, which stands at 68% for the 2018…
DetailsSAICA adopted a new Code of Professional Conduct which will become effective 15 June 2019. The code focuses on the fundamental principles and assists accountants on dealing with threats to compliance.
