How the coronavirus has impacted 2020’s investment outlook

Fears around the coronavirus (COVID-19) outbreak has spilled into financial markets 9 March 2020: The coronavirus outbreak has rapidly approached global pandemic levels, and given the knock-on effects of the virus on economic growth, the fireworks in markets were inevitable. From sitting at record highs, global markets sold off aggressively during the last week of…

Finbiz 2030’s Mind-Blowing Moments

One Young World, Chartered Accountants Worldwide and SAICA launched Finbiz2030, an initiative to unite and mobilise the finance and business community to achieve the Sustainable Development Goals (SDGs) by 2030. The launch was be held at Investec, in Sandton on 6 February 2020 with participation of professionals with finance and business skills across industries. ‘If…

ISA 315: Statutory Receivables

Do you know what statutory receivables are and how to account for them? GRAP 108 on Statutory Receivables issued by the ASB is effective from 1 April 2019. This means that entities that apply standards of GRAP need to consider the standard in preparing their financial statements for 31 March 2020 or 30 June 2020.…