XBRL has evolved. See it in action today. See real companies using real XBRL tools today to develop and publish business information, streamline reporting processes, enhance profitability and increase transparency. SEE XBRL IN ACTION IN MAY 2008 WHERE 17th XBRL International Conference entitled “Evolution in Business Reporting – XBRL in Action” Eindhoven, Netherlands (near Amsterdam,…
DetailsContinuing Professional Development An interesting debate I often have with Chartered Accountants (CA(SA)) and other professionals, from a variety of constituencies and, across geographical boundaries, is on the topic of Continuing Professional Development (CPD). Invariably, the discussion leads to the definition of a professional and what constitutes a professional, be they CAs(SA) or any other…
DetailsTHE PINNACLE OF CAs(SA) SUCCESS IN COMMERCE AND INDUSTRY Programme aims to avoid retraining of CAs(SA) More than 70% of chartered accountants [CAs(SA)] registered with the South African Institute of Chartered Accountants (SAICA) practice in commerce and industry – the largest constituency of SAICA’s 26 915 members. With the aim of addressing the constituency’s needs,…
DetailsThis article considers certain aspects of the rules governing objections and appeals and particularly whether a taxpayer will succeed with his/her request that the payment of the tax be postponed pending the finalisation of an objection and appeal. Objection and Appeal The rules regulating the lodging of objections and noting appeals have been significantly amended.…
DetailsDie nuwe jaar, wat so bemoedigend begin het, het baie vinnig in ‘n ander gedaante begin ontwikkel. Die politieke geluide wat op Polokwane gevolg het, wat veral verwys na ‘n ontwikkelingsstaat filosofie, om die produksiekant van die ekonomie aan te moedig, maar wat waarskynlik net meer herverdeling, staatsbesteding en uiteindelik inflasie sal veroorsaak. Terwyl ons…
DetailsIt must be said, immediately, that these words are not directed against any officials of the South African Revenue Service, however much a few readers might consider them to be appropriate. They were written in 1776 by Adam Smith, the Scottish economist, who lectured on logic and moral philosophy. His most famous work, of course,…
DetailsSince 1994, the South African government has been faced with an enormous challenge. After inheriting an almost bankrupt state and burdened with an acute skills shortage in the public sector, the government was under pressure to deliver on its mandate of providing a ‘better life for all’. While a lot of progress has been made…
DetailsIn the fast-paced business world, to purchase a “shelf company” or “shelf close corporation” has become a norm, simply because acquiring a “shelf” is both quicker and more efficient than incorporating the company or close corporation. The case of Airport Cold Storage (Pty) Ltd v Nizaar Ibrahim and Others (Airport Cold Storage case) reminds us…
DetailsDo You Know Your Full Tax Liability? Introduction In Part 1, capital distributions arising in terms of the provisions of the Companies Act, 1973 (the Act) in the context of the dividend definition and the treatment of capital distributions for capital gains tax (CGT) purposes prior to 1 October 2007 were examined. The record-keeping requirements…
DetailsTop three candidates: 1st Laura Sassoon – Stanlib Wealth Management * 2nd Richard Tunstall – Investec * 3rd Nicolas van der Meer – Standard Bank * * All three candidates passed with Honours (75% and above) The Financial Management route is one of two streams (the other being auditing) that prospective students can follow…
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