‘Goodness is about character – integrity, honesty, kindness, generosity, moral courage, and the like. More than anything else, it is about how we treat other people’ – Dennis Prager Let’s define ethics Ethics are knowable, yet because ethical situations involve two or more entities and happen across time, there are many aspects to consider when…
DetailsWhat do students and campuses of the future need in an increasingly constrained and competitive environment? The World Economic Forum’s (WEF) Global Social Mobility 2020 report placed South Africa 80th out of 82 countries for access, equity and quality of education. According to this report, it will take nine generations for a South African born…
DetailsIf not properly planned and institutionalised, working from home presents a new work dynamics which may affect relations between employees and managers. The COVID-19 pandemic has caused havoc, with many lives lost and economies destroyed, but it has also brought a new, modern work culture of working from home. Working from home used to be…
DetailsIt’s been called ‘the silent pandemic’: the growing prevalence of mental ill-health, which has been following an upward trajectory since the remote working and social distancing policies that were implemented to keep COVID-19 at bay heightened our sense of anxiety and isolation. Difficult as it was to adapt to these unfamiliar circumstances, the move to…
DetailsIn a country like South Africa, the term ‘employee benefits’ means so much more than the cost-to-company incurred during that period − it embodies not only today’s food for breadwinners’ families but also the promise of a better tomorrow through the education of our youth, who hold the nation’s dreams and aspirations. It seems that…
DetailsTo become an international sportsperson and a chartered accountant is beyond the scope of most people’s dreams. Yet that is exactly what Phumelela Mbande CA(SA), goalkeeper and captain of the South African women’s hockey team, has achieved despite countless challenges. Her team competed at the 2020 Tokyo Olympics, where Phumelela had the honour of being…
DetailsThis time of the year has many of us wondering whatever happened to the year! It’s almost like time is disappearing. Considering what we need to do before the year ends, creates anxiety in many of us. It also makes you wonder how you spend your time, because our waking hours are largely consumed by…
DetailsThe advent of Fourth Industrial Revolution (4IR) technologies has presented both clients and auditors with massive opportunities and challenges which, if fully embraced, can completely change the face of the audit experience for both client and auditor. Much has been said about the 4IR and its disruptive impact on many industries, including the accountancy sector.…
DetailsIn the current economic environment, there are various reasons why small and medium enterprises (SMEs) would require an audit of their annual financial statements. An audit could be required by law in terms of the Companies Act of South Africa, the company’s memorandum of incorporation, the bank during an application for funding, potential investors, or…
DetailsThe idea of splitting the auditing and non-auditing (consulting/advisory) businesses of firms was mentioned in a report by a United Kingdom Parliamentary Committee following the collapse of Carillion in January 2020. The UK regulator (the Financial Reporting Council, FRC) later asked the largest UK firms to operationally split up their auditing and non-auditing businesses by…
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