Linda de Beer discusses the lessons learned, benefits gained, and views developed since the adoption of integrated reporting in South Africa The three to four years of experience in preparing integrated reports has been a difficult but value-enhancing journey for many corporate boards in South Africa. When King III was adopted in 2010, it was…
Growing global sustainability risks and the expectations of fund beneficiaries require the investment industry to take action, writes David Couldridge In 2009 Angel Gurría, Secretary-General of the Organisation for Economic Co-operation and Development (OECD), said: “We have to restore the conditions for growth driven by innovation, trade and investment … Notwithstanding the immediate crisis,…
Tech Talk The Internet of everything and everything on the Internet Den Sullivan, Head of Architectures and Enterprise, Cisco Emerging Markets, noted at the recent Cisco Technology Summit held at Sun City that only 1% of devices that can be connected to the Internet are connected at present. That fact is now changing dramatically, with…
Jeff Hubbard highlights the practical challenges of integrated reporting from the point of view of a chief financial officer I am sure there are not many people who would disagree with the concept of an integrated report under the aims stated by the IIRC; particularly for organisations that are of public interest. To preparers, the…
This article is the second of a three-part series on the requirements of the final IFRS 9 financial instruments. In this part Genevieve Naik takes a look at financial liabilities Whilst some entities breathe a sigh of relief that the mandatory effective date of the final IFRS 9 has been pushed out to 1 January…
I have had an amazing year with many highlights. I was invited to an International Coaching Conference in Scandinavia in spring and extended the trip to include exposure to business and entrepreneurship within the regions. (But more about that in coming issues.) Some of you might have a life list – that list of things…
Manufacturer specifications Engine 2,4 l Four-cylinder Power 130 KW Torque 229 Nm 0–100 km/h 10,5 s (claimed) Fuel consumption Average 8,3 l /100 km CO2 193 g/km Price From R479 990 I never thought I would see the day when Jeep would make an SUV that had no round lights or square edges. Well, that day…
“Money is meant to be fungible, used interchangeably; that is, money is money is money.” If you keep a monthly budget (which I hope you do), you’ll know that you’re supposed to take stock at the end of each month and check whether you’ve overspent on any line items. How many different line items and…
Warren Buffett famously said that ”Trust is like the air we breathe. When it’s present, nobody really notices. But when it’s absent, everybody notices.” Daniel Tisch concurs. Business has always been about trust and relationships – but never more so than today. With non-physicial and non-financial assets now comprising the vast majority of most companies’…
“We have an ethical duty to educate our clients to a higher level of financial literacy.” One of the saddest experiences we accountants can have is watching a client’s business fail because they couldn’t grasp basic financial concepts. We can advise and encourage and wave red flags over urgent realities, but we can’t run clients’…