When it comes to the financial statements, the accountants always win … But why do they win? The purpose of the financial statements is to faithfully represent the economic phenomena underlying transactions and events. Faithfully representing the economics of transactions and events means that the principles in the Standards of GRAP that describe relationships and…
A profession is only as good as the quality of the individuals that make it up and their shared capacity to work and learn together. That is the philosophy that inspired leadership development and coaching experts Joanne Searle CA(SA) and Matt Shelley (a certified master coach with the Institute of Management Consultants and Master Coaches…
Ipfani Singo (29), known as Hope – a name that is apt for her story thus far − was one of the lucky people who had a clear vision of her future at an early age: she wanted to be a chartered accountant from as early as Grade 4, after hearing about it from her…
Zanele Maduna CA(SA) (28) is currently a senior fund accountant at BNP Paribas in Jersey in the Channel Islands but says she is transitioning from corporate life to full-time entrepreneurship. ‘For the past three years, I have been building No Valo Holdings, which consists of the No Valo Learning Centre providing coaching support for students…
Unlike most people, CAs(SA) Richard and Yvonne Starkey decided to work hard on creating the lifestyle they both craved rather than fancy titles and big salaries. ‘We live in a random little country in Eastern Europe. We are a bit different, in fact, most people think we’re a bit odd,’ laughs Richard. ‘In fact, there…
Last month, we briefly looked at the power of entrepreneurial skills development and concluded that entrepreneurial skills development is crucial in improving your business operations and that learning new skills to better your business is one of the keys to success. This month we look at yet another crucial side of the business journey, namely…
The business environment is challenging right now, and as we kick off Global Money Week (22−28 March), it is vital that people and younger individuals are financially aware and equipped to make sound financial decisions. With revenue lines bashed up by the pandemic, many leaders are having to make tough decisions to keep their businesses…
It would be difficult to find a more unconventional CA(SA) than Tshwarelo Legae (28) from Johannesburg, known to many as the hip-hop artist Droatest. Not one to follow the traditional path, Tshwarelo is hard at work at forging his own. He can be described as an entrepreneurial musician, using accounting to achieve his dreams. ‘Find…
SAICA’s by-laws (2020) (paragraph 17 of Appendix 4) permit the issuing of public statements by the SAICA Chief Executive Officer (CEO) regarding the institution of any complaint or investigation or action against a member once a draft charge sheet or a charge sheet has been issued to such member and such matter, complaint, investigation or…
Zimbabwe-born Tinei Chagonda is an audit manager at PwC South Africa, but in his spare time he also runs multiple interests in Zimbabwe, including a solar renewable energy business, a fuel transport and logistics business, and a fashion retail business. When he was accepted at the University of Cape Town (UCT), he could not let…