Municipal audit outcomes reveal public sector financial management must be professionalised SAICA calls for [mandatory] higher qualifications and skill levels for key municipal finance posts The South African Institute of Chartered Accountants (SAICA) notes with concern the Auditor General’s report of the audit outcomes for local government, which showed that only 8% of municipalities received…
Prosperity Zondi is Executive: Finance Business Partner at BCX Information and communications technology (ICT) giant BCX has begun to professionalise its finance team with professional accounting designations of Associate General Accountant [AGA(SA)] and Accounting Technician [AT(SA)]. Earlier this year, the company started the process of empowering its team of 250 employees with these professional accounting…
Thursday 9 July 17.30 BST / 18.30 SAST / 12.30 EST About the event At this time, professionals and students alike may feel the odds are stacked against them. The global economy has faced a reckoning, the job market doesn’t inspire confidence, and success feels increasingly unattainable in these circumstances. But during this next edition of…
Kevin Phillips CA(SA) is CEO of IDU Group As the first wave of the COVID-19 crisis begins to recede and lockdown measures ease, it’s becoming clear that we can no longer expect to “go back to normal”. Just as a flood sometimes permanently changes the course of a river, so the pandemic has shifted the…
Ignatius Sehoole KPMG CEO calls for strengthening of South Africa’s CA pipeline KPMG South Africa CEO Ignatius Sehoole has called for more vigilance than ever in South Africa’s accounting sector, as the Covid-19 crisis poses a unique challenge to the business environment. He calls on the South African Institute of Chartered Accountants (Saica) to aid…
Sky News Australia CFO Henning Neethling believes achievement is the product of talent, effort, and direction. How did a farm boy from Rondefontein in the southern Free State become the CFO of Sky News Australia? It’s a question Henning Neethling still asks himself. He joined the News Corp Australia 24-hour news channel in October 2019…
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With many people working from home, it seems that this comes with its fair set of challenges regarding balancing work and life. Boundaries have been blurred and most are working more than their usual hours, often neglecting their health and family time. As much as demands have increased during this chaotic time, it is very…
With the withdrawal of the CIPC non-binding opinion, auditors should be cognisant of the requirements of section 90 and 92 of the Companies Act when accepting an appointment as the auditor of the business accounts of a legal practitioner. This article serves as a reminder of these such requirements. In October 2019, the Companies and…
Audit requirements relating to the business accounts of legal practitioners have now been clarified. In October 2019, the Companies and Intellectual Property Commission (CIPC) issued a notice of the withdrawal of the non-binding opinion pertaining to Regulation 28(2)(a) of the Companies Regulations 2011 to the Companies Act 2008. This opinion applied to legal practitioners who…