After qualifying the long way as some would say, Damian Judge pursued the gruelling ‘part-time studying, full-time working’ route to become a CA(SA). He worked his way to financial director for two companies, Advanced Polymers in Johannesburg and Kaytech in Durban. When moving into commerce, Damian admits Advanced Polymers took a chance on a young…
In any team or organisation, some individuals are consistently more likely to come up with ideas that are both novel and useful. These ideas are the seeds of innovation: the intellectual foundation for any new products and services that enable some organisations to gain a competitive advantage over others. However, organisations are often unable to…
By Selina Bieber, Regional Director for Turkey and MENA at GoDaddy EMEA Entrepreneurship and female empowerment are two powerful potential catalysts for economic growth in South Africa. Bring them together in the form of higher rates of female entrepreneurship, and you have the potential to contribute to a significant increase in GDP and jobs over…
This latest edition of the car sees BMW building in particular on the sporting tradition of the 3 Series, whose exploits in race competition have earned it so much extra dynamic credibility. The seventh generation of the sports sedan moves the game on once again in its segment in terms of driving dynamics, premium quality…
We all know South Africa needs more entrepreneurs to ignite our economy and job creation, but access to finance is a major stumbling block to business success. Louw Barnardt, Dana Pretorius and Jacques Le Grange, founders of Outsourced CFO (OCFO), at just 30 years old have helped entrepreneurs raise over half a billion rand. And…
The results of the Assessment of Professional Competence (APC) – the final hurdle in the seven-year (minimum) chartered accountancy qualification journey – recently released yielded critical insight into the quality of newly qualified CAs(SA) being produced for business. While the results reflect a decline in the pass rate, which stands at 68% for the 2018…
SAICA adopted a new Code of Professional Conduct which will become effective 15 June 2019. The code focuses on the fundamental principles and assists accountants on dealing with threats to compliance.
The 2018 edition of the International Ethics Standards Board for Professional Accountants (IESBA) Code (renamed the International Code of Ethics for Professional Accountants (including International Independence Standards)) was completely rewritten under a new structure and drafting convention which makes it easier to navigate, use and enforce. The South African Institute of Chartered Accountants (SAICA) has…
All too often, owners of small- to medium-sized businesses have not planned for a smooth and successful exit or ownership succession in the future. Would you rather proactively plan ahead for such an exit or would you leave it to chance?
A strong finance function is integral to the long-term sustainability of a company. After all, financial information is a key consideration when external stakeholders make a decision about a company. But what happens in SMEs which by their very size and nature cannot afford to have a sufficiently staffed finance function that adds value to…