Sandiso Gcwabe CA(SA), CFO of the Western Cape Liquor Authority and Deputy Chairperson of the SAICA Southern Region Public Sector Committee, calls for a National Implementation Strategy and Plan for the adoption of accrual accounting for national and provincial departments by 1 April 2026 The continued use of the current Modified Cash Standard (MCS) for…
Given the history of our country, it is no surprise that the constitution determines developmental duties for municipalities by requiring them to structure and manage their administration, budgeting and planning processes to give priority to the basic needs of their communities and promote the social and economic development of the community The Constitution of the…
First timers achieve a 78% pass rate in the first SAICA qualifying examination. SAICA has announced that 1 739 − a 59% pass rate compared to 64% in 2021 − of the candidates who wrote the first sitting of the 2022 Initial Test of Competence (ITC) passed. Of those, candidates writing for the first time…
COOL NEW GADGETS OPPO Reno7 Z 5G The OPPO Reno7 Z 5G is available in stylish super-sleek rainbow spectrum and cosmic black and weighs 173 g. It features a new ultra-slim retro design and comes with 8 GB of RAM and 128 GB ROM as standard. On the front of the smartphone, a 6,4-inch Amoled…
We look at an often-overlooked section of the Companies Act and its implications for directors of financially distressed companies Business rescue has been an integral part of the South African legal and restructuring landscape for more than a decade and has since its inception served as an effective means through which financially distressed companies may…
A BLACK CHILD TRANSFORMED BY ACCOUNTING Botshelo Mhomboti is an accounting clerk who has published her first book ‘A black child transformed by accounting’ in June 2021. She is already busy with her second book called ‘The poetic atmosphere of income tax’. This one will be a book full of income tax poems which aims…