MOTORING: OPEL ADAM S

The world of motoring has changed drastically over the last few years and this trend does not seem to be slowing down. Never would I have said that we would move away from petrol engines to electric and even less so to a world where cars would be driver-less. I assume this is the same…

ANALYSIS: IFRS 9 AUDIT IMPLICATIONS

International Financial Reporting Standard (IFRS) 9, Financial Instruments, becomes effective for periods beginning on or after 1 January 2018. The impairment methodology changes it contains will affect accountants and auditors. After the global financial crisis in 2008, questions were raised on whether the use of the incurred credit loss model for impairment provisioning had contributed…

Unite 4 Mzansi: CAN WE END CORRUPTION?

Recognising its immense responsibility as a profession to tackle issues that stand in the way of South Africa growing a strong and sustainable economy, SAICA launched an active citizenry initiative called Unite 4 Mzansi. The campaign is seeking the support of millions of South Africans in taking a strong stand against corruption. And that includes…

ANALYSIS: DON’T SHOOT THE MESSENGER

Third-party (agent) appointments issued under section 179 create untold conflict amongst taxpayers and third parties alike, pitting employer against employee and bank against client where the only winner is SARS. By Tarryn Atkinson It’s not really new and we can’t even blame it on the controversial Tax Administration Act1 (TAA). It could, however, be said…

VIEWPOINT: SIZE DOES MATTER

There is a perception that selecting a large brand name software supplier is the safe choice; that there are fewer risks involved. I’m here to tell you that size does matter, but not in the way you might expect. Let’s look at a large software supplier. In most cases, large suppliers mean large costs. Not…

PROFILE: LIVING LIFE ISLAND STYLE

She describes herself as strong-willed, focused and extroverted. Lynn Grala tells us about Leigh-Ann Bezuidenhout great job and fantastic life in Bermuda and running the New York Half Marathon to raise money for J A Ncaca Primary School in Cradock Bermuda not only lured Leigh-Ann Bezuidenhout with its pink sandy beaches and crystal-clear waters. What…

LEAD: King IV: Bolder than ever

The new Code represents a positive step forward in that it is principle-based and outcomes-based, and it takes the challenges and realities of today’s business world into account. Here, Deloittebreaks down exactly what is different and what is new and explains how companies are expected to apply these changes. The King Committee published the King…