If you’d gone to sleep on the 31st January and woken up at the end of February and just looked at data for these two points, you would have thought that you hadn’t missed anything, but you’d be wrong … By Garth Saunders Risk was back on the table and the USD reversed its recent…
DetailsAnd diversity of thought As companies seek to become more innovative, diversity of thought is becoming more important. Diversity of thought is not what you think but how you think. It is critical for problem-solving. It is important to encourage it in order to minimise group think. A great leadership quality is that of being…
DetailsThe withdrawal of Statements of Generally Accepted Accounting Practice (GAAP) has had far-reaching effects on financial reporting in the public sector, particularly government business enterprises (GBEs). Tsholo Tshoke explains the impact of the withdrawal of Statements of GAAP on GBEs The constitution requires the National Treasury to develop measures to ensure transparent reporting of revenues,…
DetailsMentorship, always critical to accounting and audit, is evolving into as much an external as an internal prerogative. As mentorship is engrained in our everyday activities, many CA(SA)s have outreached to their communities as mentors. By Eamonn Ryan One grassroots project typical of the desire of many CAs(SA) and trainees to assist particularly in areas…
DetailsTHE FUTURE OF ETHICS ETHICS & CORPORATE GOVERNANCE DEFINITION OF ‘ETHICS’ DECONSTRUCTED COMMERCE WITHOUT MORALITY THE FUTURE OF ETHICS The novelist Elie Wiesel once said that there may be times when we are powerless to prevent injustice, but there must never be a time when we fail to protest. The accounting profession needs to stand…
DetailsEditor’s letter The secret to happiness If you could invest in your future happy and healthy self today, where would you put your time and energy? For most of us, happiness is one of the most important goals in life. But do you know what will really make you happy? This question was posed to…
Details2016 Top global risks The new world of insurance Knowing when to Reinvent Discovery’s business model Pay attention to avoid financial losses 2016 TOP GLOBAL RISKS From the environment to international security and the coming Fourth Industrial Revolution, the World Economic Forum’s Global Risks Report 2016 finds risks on the rise in 2016. Oliver Cann…
DetailsLittle savings add up I once attended a negotiation course where the presenter told us that if you intentionally set your alarm clock earlier than you need to get up so that you can snooze, you are negotiating with yourself first thing in the morning, and you are losing. Busted! It’s time to start talking…
DetailsThe all new Ford Ranger XLT 2.2 diesel vs the Isuzu KB 250 Diesel The double cab market seems to have exploded in South Africa with all manufacturers now offering more brute-looking vehicles with creature comforts. This makes the double cab double up as a weekend vehicle. As manufacturers keep upgrading the SUV and making…
DetailsA light at the end of the tunnel? The 2016 budget is not all bad. Did it meet expectations? No. Did it take on high-profile, easy to understand increases that everybody understands the repercussions of, like VAT or personal income tax? No. Is the budget loaded with stealth tax, essentially hiding the real pain points…
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