The information age we are living in has drastically changed our lives. Many of us were born in a time when the Internet, smartphones and social media were unimaginable. The speed of development and benefits of technology had surpassed the imagination of all who lived before the change of the century. In the same way,…
For the new CEO of BP South Africa integrity and remaining true to her value system keeps the first woman to head a multinational oil company in South Africa grounded Chartered Accountant Priscillah Mabelane, who has recently been appointed as the CEO of BP Southern Africa, has built her career success on authenticity, courage and…
After her articles at PwC Sunninghill, Pholoso Masilela grabbed the opportunity of a secondment in London within the Energy Department at EY LLP. Her role was that of assistant manager with a client portfolio of several energy companies, her primary client being BP Plc (a FTSE 100 Company) On her return to South Africa in…
Financial statements of public sector entities that are similar in nature, have the same or similar users, and apply the Standards of GRAP would present information in the same way. Right? The Accounting Standards Board (ASB) recently undertook research on the presentation of information in the statement of financial performance. This results from feedback from…
Threat trends we can expect in 2018 Organisations across the board have been plagued by a number of high-profile breaches in 2017, and it’s only going to get worse. Cyber threats are set to worsen, and enterprises find themselves having to deal with complex technologies, sophisticated malware, floods of data, increasingly stringent regulation and a…
In September 2017, Karin French, Chair of the Quality Control Task Force (Task Force), presented a webinar which provided an overview of the proposals that the International Auditing and Assurance Standards Board (IAASB) are considering in relation to the IAASB Project: Revisions to Quality Control for Firms. This is a high-level overview of the webinar…
Pedro De Matos has been fortunate to have been able travel the world and meet different cultures and people. It something he believes that everyone should do sometime in their life time. Pedro believes that it helps us to understand each other better that will hopefully work towards a common good by learning to respect…
Despite pursuing a financial career, chartered accountants seldom obtain proper advice when it comes to managing their own personal finances. This includes dealing with their last will and testament. One of the best ways of protecting any money or assets left behind for your children or other dependants when you pass away is by creating…
Surround yourself with the right people to give you the best shot at success along your journey. After all, business still has a human factor, says F R (Rhys) Robinson What do the movies Star Wars: A New Hope, The Lion King, Karate Kid, and Zootopia have in common? My answer is that they’re all…
Family trusts, business trusts, property trusts, employee share trusts and even unit trusts – a trust is an age-old vehicle used for various purposes around the world. So why the large-scale speculation whether a trust can be used as an investment vehicle in B-BBEE equity transactions? The reason, in my opinion, is that trusts are…