Viewpoints: Navigating the digital revolution

The accounting and auditing profession is undergoing a transformation fuelled by advancements in artificial intelligence (AI) and digital technologies. Accountants are increasingly expected to be tech-savvy, leveraging AI tools to streamline processes, improve accuracy, and provide higher-value services to clients. Frans Geldenhuys CA(SA) Frans is one of the founding members of ALICE™ − an automated…

Advice: Accounting for employee share ownership plans

Employee share ownership plans (ESOPs) have become increasingly common for multinational, listed and unlisted companies operating in South Africa as a way to attract, retain and reward their employees. ESOPs can also be effective mechanisms to drive companies’ broad-based black economic empowerment (BEE) strategies and to align stakeholder and employee values. Accounting for these complex…