“The REAL (car) scam we should be talking about …” It seems that wherever I go lately, I’m either reading or hearing about the “R699 car scam”. The first time I heard about it I questioned it being termed a “scam” in the first place. Seems it was all in the fine print; one just…
Last, but definitely not least! These eleven daring young professionals have not only successfully pursued their dreams to become CAs(SA), but they have all excelled and moved swiftly through the ranks. They now either hold prestigious positions or, being entrepreneurs at heart, have boldly ventured out taking risks to open their very own practices or…
“POPI: It’s easy to miss the big picture ramifications for small businesses.” The new Protection of Personal Information Act (POPI) is an excellent piece of legislation when considered from a consumer point of view; and since we are all consumers, it is easy to miss the big picture ramifications for small businesses. The issue arises…
A new EU directive requiring rotation of auditors elicits a negative reaction in South Africa On 3 April 2014, The European Parliament approved the new EU Audit Regulation and Directive, which will require European-listed companies, banks and financial institutions to appoint a new auditor every ten years. This can be extended for a further ten…
Pick up a book As Albert Einstein once said: “If you want your children to be intelligent, read them stories. If you want them to be more intelligent, read them more stories.” Consider a few statistics. Ninety per cent of our children under the age of seven have no form of reading material in their…
Afzal Khan attempts to address the lack of awareness of some governmental sources of soft capital Small medium entities (SMEs) are the building blocks of an economy. According to research performed in 2010,1 91% of the entities in South Africa are SMEs, of which 61% contribute to the country’s employment statistics. Of the 91%, 52–57%…
VW Polo 1.2 TSi Manufacturer specifications: Engine 1,2L / Four-cylinder Turbo Power 66 KW Torque 160 Nm 0–100 km/h 10,8 s (claimed) Fuel consumption Average 4,9L /100 km CO2 117 g/km Price From R191 600 New is a rather relative term and many have asked what’s new with the latest Volkswagen Polo. The recently launched latest…
The Global Accounting Alliance recently undertook research to quantify and assess the attitudes and opinions that public accountants have toward business succession and continuity planning. In this article, Bridgitte Kriel looks at the responses of SAICA members to the survey In May 2014 the Global Accounting Alliance (GAA), in cooperation with the 11 member bodies…
Pule Mothibe entered the professional services industry just as the barriers for the entrance of black people into the business sector were being removed. Mothibe was also fortunate in that he joined a firm that had visionary leaders who already had a programme in place to advance and train black charterered accountants before it became…
What makes them different? SAICA receives a great deal of feedback from small and medium practice (SMP) firms regarding challenges and difficulties faced in the SMP environment. However, this sector of the CA(SA) industry also offers vast opportunities, especially in light of the ever-growing focus on small and medium enterprises (SMEs) and their role in…