The recent evaluation of South Africa by the Financial Action Task Force (FATF) and the threat of ‘greylisting’ for various deficiencies linked to poor money laundering controls has led to the Financial Intelligence Centre (FIC) amending Schedule 1 to the Financial Intelligence Centre Act. Schedule 1 sets out which persons would be classified as accountable…
BR Whitaker & Co is a small accounting business based in East London that celebrates its 90th anniversary on 1 March. The business was established back in 1933 by Bernard Rolfe Whitaker, and for four generations the eldest son has gone onto become a CA(SA) and work for the family business. 4 Generations of CAs(SA)…
From balance sheets to burpees − Khanya Modipa has used her background as a CA(SA) to build a burgeoning fitness empire. When Khanya Modipa travelled back to South Africa from the United States to renew her visa, she had no way of knowing that the anticipated two-week stint would turn into a two-year adventure. Nor…
Unless we can get the accountancy profession to ‘swallow the alarm clock’, we can expect the same climate change apathy beyond the window dressing in ESG reports. Perhaps a jolt in a different direction may help. Climate change is not just about floods and droughts but also the prospect of changing disease patterns and future…
One of the more difficult leadership moments is for you to master the process of communicating distressing news. Regardless if the news is about a business restructuring; informing of tragedy, or taking a principled standpoint on behalf of your company – this type of speech requires diplomacy and structure. DINESHRIE PILLAY CA(SA) Business Owner and…
Polani Sokombela was appointed chief financial officer (CFO) at the Auditor-General of South Africa (AGSA) in March 2022. A seasoned CA(SA), he has worked his way up through the AGSA ranks since starting his career as a trainee accountant at the organisation in 2007. His impressive career highlights the success of the AGSA’s training and…
Digital transformation is an unescapable journey. Have you given enough consideration to the elements outside of technology before embarking on this journey? Frans Geldenhuys CA(SA) FCISA is one of the founding members of ALICE™ − an automated audit testing platform T Digital transformation is the process of using digital technologies to create new − or…
Motivated by the love of solving complex problems in his childhood, Jody Baumgarten, CFO of Wonga, has successfully built a thriving career in the fintech space. He speaks about business, trends, hobbies and mental wellness. Heading up a fast-paced Fintech company Jody currently leads as CFO for the dynamic fintech company Wonga, where he maintains…
Monique Verduyn asked Neil Morris, Global Head of Assurance and ESG Methodology at KPMG, what the increased pressure on organisations to integrate ESG in their strategies, manage ESG-related risks and report ESG matters means for the profession. Environmental, social and governance (ESG) reporting is a rapidly growing field for chartered accountants. Investment funds with tens…
If the blind leads the blind, they both fall into a ditch – Japanese proverb. In this article, I will provide you with the ‘not-so-blind’ individuals one can follow for career success, sometimes, it’s not a mentor you need for the journey you are embarking on. Zanele Maduna CA(SA)Director at No-Valo Learning Centre Need information…