Tax Implications of Digital Currencies

What are cryptocurrencies? According to the South African Reserve Bank (SARB): Cryptocurrencies (that is, decentralised convertible virtual currencies) are a sub-set of virtual currency. Bitcoin, Litecoin and Ripple are examples of cryptocurrencies. Legal tender are notes and coins issued by a bank. Although not legal tender, cryptocurrencies are exchangeable for legal tender and may be…

The Death of Accounting

Blockchain SpecialistMONICA SINGER CA(SA)Blockchain Evangelist for ConsenSys The field of accounting owes almost its entire existence to the creation of double-entry bookkeeping. It is believed that the double-entry system was invented by medieval merchants in the Middle East. From there it was popularised by the major trading families of the Italian citystates of Florence, Genoa,…

Empowering Others to Greatness

People always remember the way they feel, and anchoring this positive narrative amplifies the personal development journey,’ says Paolo. How did your career lead to being an organisationdevelopment consultant?I was always helping friends as a youngster. The development orientation was fundamentally me. Three months into my training contract I was told to lead some technical…

CAs(SA) Driving Business Success

Through Ethics and Compliance: The Uber Case Study Tech-driven disruption is radically transforming industries at a startling pace. Uber stands out as one of the most spectacular examples of this disruption, in which the application of new technology revolutionised the transport industry. Underlying Uber’s stellar success are cultural norms that reflect ethical behaviour and public…

Adapt or Die

The Role of Modern Finance in Supporting and Advancing the Business I recently participated in a podcast and one of the first questions I was asked was: ’Finance is not just the rating and reporting of history. It’s a future-focused job. How do you look ahead rather than backwards, and work alongside the business as…