Our focus this month is our SAICA Regional presidents. We ask them questions ranging from elections of their boards, challenges and successes, and their strategic roles in implementing SAICA’s vision. To view the full version of the interviews, please visit www.accountancysa.org.za. Tim Odell ACA, CA(SA), is the Chairman of SAICA UK Region. What is the…
DetailsFor some years now the role of the compliance officer and conceivably the concept of compliance risk (which is also known as legal risk) were associated with the financial services industry. Many people might have thought that only laws impacting on this industry have to be complied with. This perception could as well have been…
DetailsOne of South Africa’s most daunting educational challenges is to ensure that the average student entering university has a foundation sufficiently strong to handle the demands of university life. With a view to contributing meaningfully to meeting that challenge, SAICA has accredited 13 universities to deliver the chartered accountancy [CA(SA)] programme comprising BCom and the…
DetailsFROM THE PEN Have You Heard? If you are, as I am, somewhat challenged by the wonders of new science and technological advances, then South Africa’s launch of the low-orbit microsatellite, SumbandilaSat, is sure to intrigue even the most hardened non-scientific being. We are all aware of the impact climate change has had on our…
DetailsThe primary requirements for a credible valuation are a stable historical earnings stream, a clear outlook for future earnings, low volatility and good proxies to be used as comparisons. Current market conditions both locally and globally have only served to complicate private and public equity valuations, which are tricky exercises at the best of times.…
DetailsIn her address at the National Prosecuting Authority’s Stakeholder Conference held in March 2007, the then Minister for Justice and Constitutional Development reminded the audience that one of the targets of the department was to reduce crime by between 7% – 10% per annum. Recognising the need for all stakeholders to join forces in order…
DetailsSECTION 80A (c) (ii) OF THE INCOME TAX ACT AND THE SCOPE OF PART II A: THE BIG BOOM PART 1 1. Introduction According to the economist Adam Smith in his book, The wealth of nations – 1776, one of the basic principles of any tax system should be that individuals can determine the amount…
DetailsLaasjaar was daar ongeveer elke kwartaal groot skokke soos elektrisiteit, kommoditeitsinflasie, rentekoerse en uiteindelik die grootste bielie van almal, die wereldkrisis, hul opwagting gemaak het. Hierdie jaar is dit ons makrobeleid wat toenemend verras. Die begrotingssurplus van 1% van BBP in 2007 het laasjaar stadig in ’n begrotingstekort ontaard, maar het toe veral hierdie jaar…
DetailsStep 1 | Strategise It all begins with a clear strategy that is understood by the relevant stakeholders. Once the buy-in or commitment is obtained, it creates a burning platform for change. Key to the strategy is to focus on the following: • Web presence – once your organisation is on the web, it has…
DetailsThe Lexus brand has become synonymous with luxury internationally and this vehicle is no exception. From the swooping coupe-like lines to the soft – touch leather interior, this vehicle oozes elegance. This particular version of the GS is a hybrid. The Hybrid technology effectively uses an electric, as well as, a petrol engine. There is…
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