The technological disruption brought about by the onset of the Fourth Industrial Revolution (4IR) has, in combination with the COVID-19 pandemic, created a profoundly changed reality and operating environment for companies and 2021 will continue to be dominated by technology and adaptability. Businesses are still trying to play catch-up from the staggering level of business…
South Africa’s new Auditor-General, Tsakani Maluleke (45), has her work cut out for her. But this dynamic young woman is motivated to make a success of her role and to continue the fight her predecessor, Kimi Makwetu, started for good governance in public finance and against rampant mismanagement and fraud. As a young girl, Tsakani…
As a recognition that registered auditors may at times be exposed to imperfect situations, the code of conduct equips IRBA’s members to think through ethical complexity, by referring to its conceptual framework. The code requires RAs to be able to identify, evaluate and address possible threats to the achievement of the code’s fundamental principles. Professional…
Against the backdrop of the ongoing scrutiny the auditing and accountancy professions are under, SAICA hosted an online discussion about auditors and the public interest, ethics and professional integrity in October 2020. The panel and participants focused on how the future of the profession is linked to the need for it to reinforce the commitment…
The digital age does not cease to surprise with all kinds of new and interesting things with which we need to keep up in order to have a sense of comfort about how informed and prepared we are for a new world Digital transformation, digital strategy, digital innovation and other terms which start with the…
Being able to retain customer trust has never been more important – or more difficult – following the events of 2020. With so much disarray and widespread changes to working patterns, such as the mass migration to remote working, the job of keeping businesses secure has never been more difficult Between more sophisticated cybercriminals and…
We explore some of the reasons for the lack of adoption of emerging technologies in the assurance space. The Fourth Industrial Revolution (4IR) and its associated technologies are creating a vast number of opportunities and millions of new jobs. Yet, accountants and auditors (collectively, assurance professionals) are not embracing these technologies at the same pace…
In the race to do more, faster, take a moment to stop and think about what it is we do, how we do it, and why we do it. And question whether there is a better, more optimised, more future-enabling way to get results. And then ask how technology can help us. While the conversation…
Many businesses are automating their finance functions in the time of digital transformation. There is certainly a case to be made for this. The time saving alone can save millions for any one business as repetitive tasks are streamlined and analyses processed, which of course all moves to support better strategic decision-making. It is then…
Seneca said: ‘People are frugal in guarding their personal property; but as soon as comes to squandering time, they are true most wasteful of the one thing in which it is right to be stingy’. The world has changed. We are suffering fatigue and frustration as we continue our journeys of untangling our work and…