2020 was a year like no other in our lifetime, with the COVID-19 pandemic ravaging the global economy. Despite the many challenges, women around the globe continued to show up, step up and lead It’s these types of women that global company Practice Ignition named in its Top 50 #WomeninAccounting for 2020 − a list…
DetailsStarting to invest as early as possible, and as much as possible, is one of the best decisions you can make to optimise your wealth creation. This month five experts – all women, of course – will cover topics right from starting with a simple, sound investment approach to tapping into a multi-billion-dollar investment industry.…
DetailsSAICA has identified a need to develop guidance and increase awareness on integrated reporting in the public sector, and the Public Sector Integrated Reporting Project Group (PSIRPG) was established to with this. The PSIRPG’s objectives include raising awareness and the development of guidance for integrated reporting in the public Integrated reporting and the concept of…
DetailsAccording to the International Auditing and Assurance Standards Board (IAASB), International Standard on Auditing 315 (Revised 2019), Identifying and Assessing the Risks of Material Misstatement (ISA 315 (Revised 2019), has been revised to promote robust and consistent risk identification and assessment After reviewing the changes to ISA 315, I agree that the changes have clarified…
DetailsIt is often said that the internal audit function (IAF) is the eyes and ears of the audit committee. What does this exactly mean when we deal with the public sector environment for members of audit committees? Each entity in the public sector sphere must have an internal audit function (IAF) that has primary reporting…
DetailsMariétte Venter was the acting Chief Financial Officer (CFO) of the Capricorn District Municipality in Limpopo in 2016. The municipality was one of many which had invested funds in VBS Mutual Bank while Venter was on maternity leave. Venter recognised several red flags, demanded the money back and was suspended for her efforts. This is…
DetailsWhat does cybersecurity mean for your organisation? And what can your organisation do to protect itself against cybersecurity threats? We are already more than a year into the COVID-19 pandemic, and throughout the pandemic we continued to see a rise in cyber-attacks. In a world where technology is the new way of living, there is…
DetailsIn South Africa’s first World Heritage Site lies a hidden resort nestled in rich forest vegetation just a few steps away from the ocean. Here you can enjoy the tranquillity of Mother Nature’s work around you The iSimangaliso Wetland Park (previously known as the Greater St Lucia Wetlands Park) in KwaZulu-Natal’s Maputaland was declared South…
DetailsWayne van Zijl offers insights into our preferences for certain accounting treatments The development of accountants has come a long way. We have sophisticated degrees designed to provide prospective accountants with the technical and theoretical foundation that they need to understand, interpret and apply IFRS Standards. We also have entrance criteria, exams and training periods…
DetailsThe world of accounting is rapidly changing as South Africa scrambles to regain its status as one of the world leaders in terms of corporate reporting. But the profession has been marred by enormous scandals involving fraud, corruption and unethical behaviour over the past few years, causing mistrust in society for a profession that used…
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