Donald Trump was Time magazine’s Person of the Year 2016 and Google’s most-searched individual. I definitely don’t want to talk about him but I do want to learn from his victory and how it can impact your and my life, career and business in 2017. Mr Trump’s victory turned the tables for politics worldwide (for…
DetailsInternational Financial Reporting Standard (IFRS) 9, Financial Instruments, becomes effective for periods beginning on or after 1 January 2018. The impairment methodology changes it contains will affect accountants and auditors. After the global financial crisis in 2008, questions were raised on whether the use of the incurred credit loss model for impairment provisioning had contributed…
DetailsThe world of motoring has changed drastically over the last few years and this trend does not seem to be slowing down. Never would I have said that we would move away from petrol engines to electric and even less so to a world where cars would be driver-less. I assume this is the same…
DetailsAt the beginning of the New Year most people set resolutions for themselves. The most common resolution among many individuals regarding their finances often revolves around wanting to be in a better financial position than the previous year. The new year presents the perfect time to assess your finances in order to gain control and…
DetailsBy Lionel Shawe, Managing Partner at Allen and Overy and Lauren Tunstall, PSL at Allen & Overy On 13 January 2016, the International Accounting Standards Board (IASB) issued its new international lease accounting standards IFRS 16 Leases which removes the distinction between finance leases and operating leases for lessees with effect from 1 January 2019.…
DetailsFollowing the departure of Mr Bert Chanetsa from the FSB at the end of December 2016, Adv. Tshidi, in his capacity as the Registrar in terms of the Financial Markets and Credit Rating Services Acts has delegated his powers and functions to Mr Jurgen Boyd, who will exercise the said powers and functions in addition…
DetailsOryx Properties Limited, the only Namibian property company listed on the Namibian Stock Exchange, has announced the appointment of Carel Fourie as its new chief executive officer with effect from 1 March 2017. Oryx Properties has a premier-quality retail, industrial and office real-estate portfolio valued at about R2.326 billion which generates a dependable, sustainable and…
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DetailsRecognising its immense responsibility as a profession to tackle issues that stand in the way of South Africa growing a strong and sustainable economy, SAICA launched an active citizenry initiative called Unite 4 Mzansi. The campaign is seeking the support of millions of South Africans in taking a strong stand against corruption. And that includes…
DetailsThird-party (agent) appointments issued under section 179 create untold conflict amongst taxpayers and third parties alike, pitting employer against employee and bank against client where the only winner is SARS. By Tarryn Atkinson It’s not really new and we can’t even blame it on the controversial Tax Administration Act1 (TAA). It could, however, be said…
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