For the newly appointed CEO of PwC, Shirley Machaba, building a leadership legacy driven by her own values and those of the firm will be her most significant achievement
The crucial need for better performance and greater accountability in public financial management systems has given rise to a call for more CAs(SA) to enter the public service. We spoke to some who are helping to make a difference
TURN YOUR ‘SHOULDS’ INTO ‘MUSTS’. We have had a year full of surprises, highs and lows. A year where we once again appreciated our health, the time spent with loved ones and a support system to carry us through the lows. We are ending the year with a highlight by introducing you to our Top…
This is the first in a series of articles exploring XBRL. Our next article will consider how XBRL was developed and the wider advantages and disadvantages of XBRL as a financial reporting tool 10 November was the day when accountants around the world were honoured for the invaluable role they play in the world of…
With an acceleration of the global net-zero journey, there is increasing focus on developing countries and their lack of affordability to meet such net-zero targets. A clear contrast is evident when considering Africa; as home to 17% of the global population, producing less than 5% of global annual emissions and accounting for only 3% of…
AN SERVICE MINDSET Track and field races are some of the most popular activities at the Olympic Games. And so Usain Bolt, the retired Jamaican sprinter, is widely considered the greatest sprinter of all time. He was determined to be himself and that, together with his unconventional and unique style, is probably one of the…
This is the first in a series of articles exploring XBRL. Our next article will consider how XBRL was developed and the wider advantages and disadvantages of XBRL as a financial reporting tool The Fourth Industrial Revolution (4IR) era is characterised by an advanced interconnectivity of electronic data that has enabled machine learning to such…
As both accountants and good corporate citizens we advocate for accurate and transparent disclosure that will cater for a wide user audience and aid in decision-making. This also talks to acting in the public interest, which is one of the core mandates of an accountant Disclosure had advanced over the years. Originally disclosure was used…
Some people find the right employer early and stay on to make a success of their career there. Lerato Manti Thato Mathibela (29) has been employed with Nedbank since 2015 and has progressed from being a chartered accounting trainee to holding a leading role in training at the bank today ‘Nedbank has been my first…
Nyawa Dikwayo loves numbers because they help identify developmental needs and create accountability For Nyawa Dikwayo, having a good teacher made all the difference. It was when she got to Grade 10 that her love for numbers and problem-solving was nurtured by an accounting teacher who helped her achieve her potential and planted the seed…
A CA(SA) entrepreneur who has shown courage over the last 30 years is Lynette Badenhorst. She was born in 1967 and is currently managing director of Probeta Training (Pty) Ltd and the brain behind the online learning platform Akhanani Online Training Solutions Spending her days either on the road or in planes, or in airports,…
2020 was a year like no other in our lifetime, with the COVID-19 pandemic ravaging the global economy. Despite the many challenges, women around the globe continued to show up, step up and lead It’s these types of women that global company Practice Ignition named in its Top 50 #WomeninAccounting for 2020 − a list…
The establishment of the Sustainability Standards Board (SSB), which will have consistency in ESG reporting in 144 jurisdictions, would be the beginning of a comprehensive corporate reporting system. Corporate reporting can only be well functioning if it is comprehensive. The more comprehensive, the better the quality of comparability, the more informed the information for users,…
Making a difference through the KZN Film Commission In 2013, Carol joined the KwaZulu-Natal Film Commission (KZNFC) as the CEO and the first employee. This position provided her with an opportunity to shape the design of the new business and its operations. In establishing the KZNFC, Carol took the principal approach that the entity would…
SME development has been on the agenda since the days of the Mandela presidency – and yet, South Africa’s small businesses continue to founder. Their precarious state has been placed under even more pressure by unforeseen events such as the pandemic lockdowns and July riots, and, with our unemployment rate now standing at more than…
As a community of solvers, PwC Africa has strengthened its societal purpose strategy in response to unprecedented change Many organisations need to refocus in response to technological disruption, climate change, fractured geopolitics, and the continuing effect of the COVID-19 pandemic, among others. There is now a sense of urgency with regard to successfully responding to…
A decentralised autonomous organisation (DAO) is essentially a very large vending machine living on the blockchain. It only does what it is programmed to do, with no possibility for human intervention. DAOs allow anyone with an idea to coordinate, pool funds, and even create tokens that represent their share within the organisation Monica Singer CA(SA)…
As professionals start to return to the office after a prolonged period of working from home, there is a new curiosity about the meaning we ascribe to our work and how this fits into our revised frame of the world. Some interesting patterns are emerging, and we consider what they mean for sustained personal growth…
Strategy formulation and risk management Environmental scanning To assist with strategic planning, SAICA management conducted a comprehensive environmental scan and diagnostic review. Its purpose was to understand SAICA’s current internal state and the external environment, the impact of the COVID-19 pandemic, and to identify key internal and external issues facing SAICA. The external environment scan…
My mantra throughout the pandemic has been that flexible, agile and resilient organisations are the ones that will survive and flourish. As we gradually start emerging from the health crisis, it is clear that these traits will be as essential in the future as they have been to date Kevin Phillips CA(SA) CEO of IDU…