Back in the day, when the scientific calculator just launched in South Africa, there was a very set path to becoming a CA(SA): to work at an auditing company. And more likely than not, at one of the Big 4 auditing firms. But our world and profession have evolved over the past two decades. Even…
DetailsCFOs are uniquely positioned to become critical drivers of digital transformation. The digital revolution coupled with new business pressures resulting from the global pandemic have reshaped the role of the CFO in organisations of all sizes and across all sectors. <!doctype html> Where once the CFO’s primary focus was on reporting historical financial performance,…
DetailsMoses Tshitangano took a leap of faith and is developing future CAs(SA) for the under-resourced province. Training offices give aspiring chartered accountants the opportunity to gain practical experience and apply their theoretical knowledge in real-world scenarios, enabling them to develop professional competence in financial regulations, tax laws, accounting standards, and auditing procedures. They learn how…
DetailsWhile the internal audit function has undergone significant transformation, the rapid pace of change is set to accelerate in the foreseeable future. Richard Walker, Advisory Director at BDO South Africa, sheds some light on some key industry trends that have emerged and some key areas of transformation we can expect to see defining the sector…
DetailsNtlambi Gulwa CA(SA), the IRBA’s Director Inspections, started her remarkable life journey in the lush landscapes of the Eastern Cape. Hers is a story of perseverance, determination and a deep-rooted commitment to making a difference. Growing up in the small village of Ngcwazi, Ntlambi’s passion for education and her drive to overcome challenges were evident…
DetailsWith their expertise in financial management, compliance and risk assessment, CAs(SA) like Amanda Zuma play a crucial role in ensuring efficient resource utilisation and improving service delivery. By encouraging disadvantaged students to become chartered accountants, teachers aim to provide them with a clear and attainable career path that can lead to economic stability, personal growth,…
DetailsIn the July issue of Accountancy SA, Wayne van Zijl CA(SA) submitted that, as with medical professionals, professional accountants may need to take an oath too, because while doctors have a direct impact when it comes to saving people’s lives, accountants’ actions may equally impact the lives and livelihoods of thousands of people.1 Of course,…
DetailsAs an accounting technical manager at The Shard (Pty) Limited, Pride Msweli CA(SA) is a qualified chartered accountant with international audit experience. She is very passionate about financial literacy, audit reform and the creation of generational wealth. Founded in 2013, The Shard (Pty) Ltd is a young, experienced and dynamic 100% black-owned consulting firm based…
DetailsIn September 2008 the great financial crisis started. In October 2008 Satoshi Nakamoto released a white paper that explained bitcoin and the ledger that uses blockchain technology and the vision for one currency for the world using the Internet of Value. Bitcoin, as opposed to fiat currencies, is a decentralised digital currency that enables instant…
DetailsCyber insurance has many benefits, but also some limitations that CFOs and accounting departments are not always aware of. Here’s how you can protect yourself more comprehensively. The estimated impact of cybercrime on the South African economy is R2,2 billion per annum. Impersonation crimes, especially, are of huge concern. These fraud instances, where fraudsters assume the identity…
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