Many of us review our priorities at the start of a new year. As I went through this process, my perspective was informed by Malcolm Gladwell’s book David and Goliath: Underdogs, Misfits, and the Art of Battling Giants. Three thousand years ago, and against all odds, a teenage shepherd boy armed with a pebble, sling…
DetailsWhen Steven Saad began a business from a humble three-bedroomed house he could not have known that one day he would spot Murine Clear Eyes eye drops manufactured at Aspen’s Port Elizabeth plant – on a retail shelf as far away as at Disney World The Aspen pioneer and South African chartered accountant CA(SA) Stephen…
DetailsOctober 2016 saw the global leadership summit One Young World hosted in Ottawa, Canada. Handpicked by Chartered Accountants Worldwide, ambitious and successful entrepreneur Louw Barnardt represented SAICA and South Africa at the summit With beautiful Capitol Hill in the background, the stage began to fill with the superstar world leaders that would address the summit…
DetailsThe answer to this question is YES and NO, depending on our outlook. YES if we are looking for any kind of short-cut or loophole in attaining our B-BBEE credentials; NO if we are committed to following the rules and implementing initiatives that will meet the legislative objectives. A negative approach to empowerment holds serious…
DetailsIt is common practice for a trust to acquire assets on a low or interest-free loan account from a natural person. The reason for capitalising the trust by means of a loan account is due to the fact that a newly set up trust will not have capital funding to acquire assets. The value of…
DetailsThe leader within drives the leader without Don’t blame the ladder! Being a credible leader The ict key to your clients’ hearts and minds THE LEADER WITHIN DRIVES THE LEADER WITHOUT As CAs (SA), our training has provided us with several pervasive skills required to be successful business leaders without, and when we consult the…
DetailsDonald 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…
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