In this, the first of a series of two articles, we look at the pressures on an accounting firm’s profitability There was a time when accountancy business owners were seemingly guaranteed high profit emanating from a business model that was often characterised as the 1/3, 1/3, 1/3 model. That model is also known as the…
DetailsTax morality and the CA(SA) The IT14SD process can be a huge headache for the unsuspecting taxpayer Tackling the tax morality challenge Tax morality and the CA(SA) Everyone who has studied tax should be familiar with the famous ruling in the Duke of Westminster Case,1 which is often cited in defence of (usually) aggressive tax…
DetailsWe are all on a journey of self-development. As a speaker, every time you get up onto a speaking platform, regardless if you are speaking to an audience of 5 or 5 000 people – your purpose is to improve your skills as a speaker. In this article, I share my personal insights on what…
DetailsSpatial technology allows CFOs and managers to drive massive improvements in financial management, reporting, and governance at local government level by analysing financial data within its real-world context, in other words on a map I have tremendous difficulty in explaining to my former audit colleagues exactly what our company does. The few CAs(SA) that have…
DetailsResearch and Markets in their 2016 report Robo advice: revolution or evolution suggest that low-cost, automated investment advice is set to become the core of financial planning services, with a market potential of $19,5 trillion assets under management (AUM) What does this mean? The growth will no doubt be exponential. In a 2016 report Deloitte…
DetailsGiven the clandestine and secretive nature of cartel conduct, the onus placed on the ‘passive participant’ implies that it is not sufficient to merely distance oneself from the cartel conduct within the clandestine setting of a secretive meeting. One would need to actively spotlight the conduct by publicly exposing it and preferably advising the Competition…
DetailsSubsequent to the board meeting held in December 2017, the Data Analytics Working Group (DAWG) of the International Auditing and Assurance Standards Board (IAASB) issued a feedback statement to inform stakeholders of the key messages received in response to their outreach activities. This article provides an overview of this feedback statement In September 2016, the…
DetailsCyberattacks like WannaCry, the ransomware worm that spread rapidly across a number of computer networks, has put serious cybercrime on the radar of South African companies. It’s an ever-evolving, exciting, in-demand field that has attracted CA(SA) Jordaan Burger. He offers some insights into this intriguing world Every year brings new IT security breaches, but 2017…
DetailsIn November 2017, 2 703 aspiring South African chartered accountants (CAs(SA)) sat down to write their final professional examination, the Assessment Professional Competence (APC), with great expectations. Today, the South African Institute of Chartered Accountants (SAICA) is delighted to announce that 2 168 candidates (80%) passed this final qualification hurdle For successful candidates, passing the…
DetailsArtificial intelligence (AI) has already changed the way that we operate in our lives and businesses to a great degree and will continue to do so exponentially into the future. How will this ‘machine learning’ translate into our own learning and workplace culture? In 1999 Salzberger-Wittenberg, Williams and Osbourne wrote an interesting piece on human…
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