ANALYSIS: CONSISTENCY OF INFORMATION IN ANNUAL REPORTS An ISA 720 perspective

Auditors have for many years been required to read other information included in documents containing the audited financial statements. So what will change in future under International Standard on Auditing (ISA) 720 (Revised), The Auditor’s Responsibilities Relating to Other Information? By Leon Kies ‘Lack of consistency can bring on a lack of interest.’ Now that’s…

COVER STORY: The thrill of dealing

Tshego Sefolo CA(SA), CEO of Zico Capital, runs and manages a private equity firm, one of the most exciting and rewarding careers around, he says. Eamonn Ryan spoke to him Tshego Sefolo distinctly remembers the day in the early 1990s that he recognised his goal in life – the moment he read of the then-biggest…

INFLUENCE: TIME FOR EVERYONE TO GET ON THE BUS

Commitment to transformation in the profession is belied by negative university environments and poor support for Thuthuka. By Monique Verduyn The South African Institute of Chartered Accountants (SAICA) has made steady progress in helping to produce more black chartered accountants. Blacks in total form about 21% of the CA(SA) population. This is largely due to…

LEAD: Profile: THE GRACE FACTORY

One baby girl is the inspiration behind her mother’s beautiful charity – The Grace Factory. Through it, Amy Westerman CA(SA) has brought a ray of hope to almost 2 000 desperate new mothers and babies and assisted more than 80 children’s homes. Lynn Grala spoke to her Quite coincidentally, it happens to be only two…