Ashika Mohan gives an overview of the auditor’s revised responsibilities under international standards to read and report on other information included in an entity’s annual report, focusing on the continued importance of the auditor’s responsibilities in this area and the main changes The International Standard on Auditing (ISA) 720 (Revised), The Auditor’s Responsibilities Relating to…
DetailsFinancial statement disclosures continue to expand and are increasingly qualitative and subjective. We examine the IAASB’s recent amendments to the International Auditing Standards (ISAs), which are intended to support a more robust, consistent process of auditing disclosures. By Lindsay Croeser In order to drive improved focus on disclosures throughout the audit process and to clarify…
DetailsFor many of us, visiting New York City is just an item on our bucket list. Gerinda Jooste visited the Big Apple New York – this is the city where dreams are made; where trends are set; where anything is possible. And where you can expect to see anything (or anyone) walking (very fast) down…
DetailsThere are so many benefits to having your financial information and reports on hand whenever they are needed, that this shift has been inevitable. Taking your business mobile is no longer just a trend; it is more efficient and more effective; in much the same way that you choose to fly rather than drive to…
DetailsCFOs driving change The evolving role of the CFO Growing investor confidence The CFO Forum South Africa Corporate Treasury Cost of treasury impacts bottom line CFOs driving change With turbulent times around a volatile global market, being a CFO is definitely no simple undertaking. In business today, a good way to benchmark one’s decisions is…
DetailsThousands of companies will be making empowerment contributions before the end of February 2016 if this is their financial year-end. This is because contributions will only qualify if they fall within the measurement year which is the financial year of the company. What ‘emergency’ measures can still be taken under each scorecard element before 28…
DetailsFord Focus ST VW Polo GTi Ford Focus ST The blue oval badge of Ford has always been synonymous with racing, but this seems to have disappeared – especially in South Africa. All this has changed as over the last few years Ford has been releasing a few powerhouse vehicles specifically within the hotly…
DetailsPrior to the enactment of the constitution, SARS had wide and far-reaching powers in terms of the Income Tax Act (ITA). The constitution resulted in significant changes to the ITA to align SARS powers with taxpayer’s rights. A taxpayer’s charter was published for the first time in 1997. The SARS Service Monitoring Office (SSMO) was…
Details2016 is around the corner. And what a 2015 it was. For many, 2015 will be remembered for Japan beating us in the Rugby World Cup; Bruce Jenner becoming Caitlin Jenner; VW being responsible for the biggest fraud in the motor industry ever; rhino killings sadly increasing and topping 2014 records; and ISIS’s presence getting…
DetailsACCOUNTING South Africa maintains its top position for auditing and reporting standards South Africa has maintained the number one position for its strength of auditing and reporting standards for the sixth consecutive year. Find more information on this ranking in the World Economic Forum’s Global Competitiveness Report 2014–2015. Revised Headline Earnings Circular issued Circular 2/2015…
Details
