Employee share ownership plans (ESOPs) have become increasingly common for multinational, listed and unlisted companies operating in South Africa as a way to attract, retain and reward their employees. ESOPs can also be effective mechanisms to drive companies’ broad-based black economic empowerment (BEE) strategies and to align stakeholder and employee values. Accounting for these complex…
My PhD journey felt like a full circle of life! In 2000, I began a two-year contract with SARS in the VAT department. During my tenure at SAICA, I also had the privilege of project managing the SAICA VAT Sub-committee, which reports to the National Tax Committee. Muneer Hassan CA(SA) Tax Consultant, Senior Lecturer in…
Have you ever heard a CEO or founder claim that everyone in the company is like family? You may even be working for a CEO who has exclaimed this while discussing their company culture. GRANT GREEFF CA(SA) Director at SearchKings™ Africa I cringe whenever I hear the ‘we’re family’ statement, because it’s sentimental more than…
As the year draws to a close, we stand on the verge of entering another new year in which we will be faced with all sorts of important decisions to make. Let us therefore encourage each other to stop and take time out to reflect and be purposeful about our wellness in a way that…
As an auditor of property practitioners’ trust accounts, are you aware of the new developments following the illustrative reports recently published by IRBA in March 2023 and the coming into effect of the Property Practitioners Act in February 2022? AUDIT OR INDEPENDENT REVIEW OF FINANCIAL STATEMENTS All business property practitioners with an annual revenue of…
As an academic, I have the unique opportunity to survey and interview expert practitioners from different roles, contexts, and levels of experience. Recently, I interviewed preparers and users of small and medium-sized JSE-listed entities. There was an overwhelming feeling that IFRS financial statements were unnecessarily complex, overly lengthy and of limited use, with users placing…
From regulations to technology, globalisation and the need to adapt to emerging business practices and challenges … William Heyneman sheds light on the dynamic world of the CA(SA). His insights offer a roadmap to embracing change and seizing opportunities to thrive in a changing profession. William Heyneman CA(SA) is Head of Assurance at PKF South…
What started as a simple desire for classic cotton rugby jerseys has evolved into a thriving venture with a notable presence in the sports leisurewear market. In the fast-paced world of entrepreneurship, success stories often emerge from unexpected beginnings. Daneel Steinmann (25), a qualified CA(SA), and his brother, Stephan (23), exemplify this narrative with the…
What image do the words ‘chartered accountant’ conjure up? Kamir Arjun CA(SA) Senior Staff auditor at Deloitte Netherlands I immediately think of a business leader, a sound decision-maker, a visionary and an entrepreneur who is a catalyst for sustainable positive change and industry innovation. I imagine an individual who can operate in any business environment…
In a world filled with adversity and opportunities, the story of Nomalungelo Mkhize CA(SA) stands as an inspiring testament to the power of education, determination, and unwavering resilience. Her journey is a powerful example of how a combination of personal drive, familial support, and a passion for learning can lead to remarkable success. EARLY BEGINNINGS…