‘Since 1927, when the founders of Volvo Cars decided to focus on safety as one of the core values of the company, we have been a leader in the field. That will never change. What will change is the breadth of technologies we employ to improve your driving experience and safety,’ Volvo says on their…
When you enter the gates at Zimbali on your way to the Fairmont Zimbali Resort it feels like everything slows down and you enter a world a lifetime away from the bustling beaches the the KwaZulu-Nalat North Coast is famous for. The Fairmond Zimbali Resort is a destination in itself, where guests return again and…
San Francisco is a city you will fall in love with – from the moment you leave the airport right to the driving across the magnificent Golden Gate Bridge that is famously set in movies. Staying at the Sir Francis Drake Hotel will make your San Francisco experience so much more memorable, because it’s a…
The 2019 financial year requires an entity that uses International Financial Reporting Standards (IFRS) to account for its lease transactions using the new standard IFRS 16, Leases. Words: Milton Segal From a financial theory perspective, the concept of leasing makes economic sense. When an entity requires the use of an asset or a resource to…
Auditors recognise the importance of exercising an appropriate level of professional scepticism during the performance of an audit but get stuck on how to practically demonstrate that this has been achieved. This article provides an overview of the provisions included in ISA 540 (Revised) relating to the practical application of professional scepticism when auditing accounting…
Accessing data to deliver the insights required for effective decision-making is a fundamental business skill in the digital age. Underpinning this is a corporate reporting strategy that links the information needs of an organisation with the data and the calculations to measure success. In the age of business intelligence (BI) and advanced analytics, the technology…
Looking back over the past five editions of the IRMSA report, it is disappointing to see that so many risks have materialised. Disappointing because, first, the South Africa and Industry risk profiles have remained largely the same and most of them materialised over this period − so the risks were well known and yet the…
If you’re already running a WordPress blog or planning to start one, you are probably hoping to attract an audience and turn them into repeat visitors. Getting this right involves a mix of elements from the content to search engine optimisation (SEO) to the look-and-feel of your site. Here are a few pointers for turning…
It is fair to say computers have had a profound impact on the way accountants work. The last three or so decades have seen the spread of accounting software, automated controls, paperless processing systems, cloud accounting, and computer-aided auditing systems. Could the industry be about to see a much bigger revolution with the advent of…
Monica Singer CA(SA) Blockchain Evangelist for Consensys Stablecoins promise to make transacting as easy as using social media. Payments are not just about sending money to each other, but about connecting to other people, just like we do on social networks. Stablecoins integrate into our digital lives in ways that fiat currency (currency issued by…