Evaluating the benefits of integrated sustainable reporting according to the King III Codes of Governance, and what it means for those responsible. The King III Code has brought more clarity and weight to the concept of integrated sustainable reporting, which has been to the benefit of all stakeholders. Those tasked with the responsibility of compiling…
DetailsIn 2013 South African Revenue Services collected taxes amounting to R814-billion, an increase of 9.6 percent on total revenue received in 2012. “More efficient collection systems and the deployment of online technologies such as SARS eFiling have simplified the collection process and made it easier for taxpayers to submit their returns on time,” says…
DetailsThe International Accounting Standards Board (IASB) published the proposed amendments (ED/2013/9) to the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) in October 2013 for comment. This is the first review since the release of the standard in 2009. It is the IASB’s expectation to review the standard in a three…
DetailsI recently had the opportunity to attend a breakfast where Chris Gardner spoke. You might not know who he is, but you probably know his story. In his lifetime, this successful against-all odds stockbroker was the inspiration behind the Academy Award-nominated film, The Pursuit of Happyness. He has accomplished many things – overcoming a violent…
Details2014 Annual Membership Fee Renewal Notice The 2014 Annual Membership fees have been set as follows: Subscription Fee 14% VAT Total Chartered Accountants CA(SA) Full membership local R4 453.95 R623.55 R5 077.50 Full membership international R4 453.95 R 0.00 R4 453.95 Over 60 full membership R 835.67 R116.99 R 952.66 Over 60 full international membership R…
Details“If you critically analyse what you spend most of your time on every day, can you honestly say that it comprises the most optimal use of your unique talents and strengths?” Empowering those around you will in turn empower you “It is never too late to be wise.” – Daniel Defoe, Robinson Crusoe The only man to…
Details“The new Nissan LEAF represents one of the most significant events that Nissan South Africa has ever undertaken.” Retail sales have commenced in November via a dedicated Nissan LEAF dealer network covering Johannesburg and Pretoria. A charging infrastructure has been implemented at convenient locations to provide a new, environmentally sustainable way of travelling. Says Mike Whitfield, Nissan South Africa Managing…
Details“The integrated report is an outcome of the integrated reporting process – and importantly, it is based on the foundation of integrated thinking in a company.” The finalised integrated reporting framework may transform corporate reporting worldwide This year will be remembered for the birth of a new prince … and the birth of an accepted…
Details:The software you choose is not the only variable that determines the success of your consolidation software implementation. ” Prevent costs and headaches later by selecting the ‘right fit’ solution Companies with multiple cost centres or business units usually reach the point of needing to adopt a financial consolidation solution. The time is ripe to…
DetailsProducing an integrated report can be a tedious and stressful affair, but automated tools are becoming available. Most organisations have sophisticated intelligence and analytical tools in place for planning, budgeting, forecasting and consolidation, also known as the ‘first mile of reporting’. However, when compiling monthly and annual reports, all data is initially extracted from Excel…
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