Section 110.1 A1 of the SAICA Code of Professional Conduct, read with subsection R113.2 Professional Competency and Due Care, requires a professional accountant to take reasonable steps to ensure that those working in a professional capacity under the professional accountant’s authority have received appropriate training and are properly supervised. IT IS IMPORTANT FOR CHARTERED ACCOUNTANTS…
DetailsSouth African Reserve Bank Governor Lesetja Kganyago recently remarked that the rand is ‘incredibly undervalued’ and that according to certain studies, it should be trading at around R7 to the US dollar. This article is a comprehensive economic critique of Governor Kganyago’s statement, balanced with South Africa’s recent wins. WHILE SARB GOVERNOR KGANYAGO’S R7-to-the-dollar statement…
DetailsIn life − and in our professions − we are reminded time and again that to whom much is given, much is expected. Success is not meant to be hoarded; it is meant to be shared, to inspire, and to multiply. THIS BELIEF LIES AT THE HEART of the Thuthuka Alumni Community − a collective…
DetailsWe stand on the brink of a profound transformation in accounting and accounting professionals, not because of business failure, new regulation, or economic theory, but because of transformative technologies such as artificial intelligence, machine learning, and blockchain. These technologies will disrupt this noble profession, which has long been synonymous with stability, meticulousness, and adherence to…
DetailsA study published in a recent issue of Accounting History Review examines the career journey of Nonkululeko Gobodo, who in 1987 became the first indigenous Black woman to qualify as a chartered accountant in South Africa, despite pervasive racial and gender discrimination. The study identifies both barriers and enabling factors that influenced her career trajectory.…
DetailsLet’s be hones – when you think of bakkies in South Africa, Mitsubishi probably isn’t the first name that pops into your head. But maybe it should be. Because the new Triton isn’t here to play catch-up. It’s here to carve its own path—quietly, confidently, and with just the right amount of attitude. This is…
DetailsSmall and family-owned businesses are regarded as the livewire of many economies around the world. South Africa is not an exception in this regard. In South Africa, family-owned businesses account for around 60% of the total workforce, make up an estimate of 70% of all businesses and contribute between an estimated 20−30% of the Gross…
DetailsAs South Africa proudly holds the G20 presidency – the first African nation ever to do so – the global spotlight is shining on Mzansi. Amid this transformative moment, the South African Institute of Chartered Accountants (SAICA) is leveraging its unique purpose of difference‑making to ensure that the accountancy profession is not just noticed, but…
DetailsThis article explains the approach taken by the International Accounting Standards Board (IASB or Board) and reflects on the alignment approach adopted by the Board. This article will be followed with two more articles in the same series on the third edition of the IFRS for SMEs Accounting Standard. In the follow-up articles we also…
DetailsASA November 2025 issue Editorial Celebrating purpose, progress, and the people who inspire it “The purpose of life is not to be happy. It is to be useful, to be honourable, to be compassionate — to have it make some difference that you have lived and lived well.” — Ralph Waldo Emerson To Emerson’s words,…
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