ASA: May 2019 Issue
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Motoring: Mazda 2.0 CX-3
In a world moving towards crossovers, there are a plethora of models available in the market as many manufacturers aim to claim their piece of the pie. This is also true in the compact SUV market, which is growing in leaps and bounds. Read the full article here.
Travel: Adventure sailing in South Africa
Tales of courage, swashbuckling adventures and gigantic wooden ships fill most of our minds when thinking about sailing. The Cape of Good Hope − one of the three Great Capes including Cape Leeuwin in Australia and Cape Horn in Chile − is steeped in rich and diverse sailing history. Read the full article here.
CPD: Applying Materiality
The Accounting Standards Board (ASB) has issued a proposed guideline on The Application of Materiality to Financial Statements (ED 168). This article outlines the board’s key proposals in ED 168.
CPD: The new rational purpose requirement
The purpose of this article is to inform sustainability assurance practitioners (SAPs) of the impact that the new rational purpose requirement could have on assurance practices in South Africa. It also explains the process that SAICA will follow to assist SAPs to prepare them for this impact. Read the full CPD article here.
Courageous Conversations: Is this Accounting’s watershed moment?
How will the CA profession meet the challenges of the 21st century? Michael Izza, Chief Executive of the Institute of Chartered Accountants in England and Wales (ICAEW), shared his thinking at SAICA’s recent Courageous Conversations. Read the full article here.
Advice: Tax implications: Debt Relief
When debt is reduced − that is, written off − it holds tax implications for both the debtor and the creditor. Amendments to the tax implications have been introduced in the hands of the debtor. This viewpoint covers the amendments. Read the full article here.
Advice: Your R150 can change South Africa
American theologian Tim Keller comments that when people say ‘We love our city’, what they actually love is their experience of a city. To truly love a city means working at making it a good place for everyone to live in. Can R150 transform a city? Read the full article here.
Advice: Blockchain-based Auditing and Accounting
Blockchain technology is fundamentally an accounting technology. It has the potential to bring foundational change to audit and accounting practices. Audit work is often plagued by the duplication of efforts and requires extensive manual processes and reconciliations. All this is about to change with blockchain technology. Read the full article here.
Advice: The Reality of a working Mum
In corporate, the race to the top is the same whether you have children or not. When I became a mum, I was fortunate to have a great support structure around me with an incredible husband, in-laws and parents who helped care for my family. Read full article here.