Rarely does a topic create as much controversy for asset managers and planners as ‘phasing’. If one has a lump sum, should one invest it at once or phase it in over 3 –12 months? The answer depends largely on market volatility and pricing. A study by US asset manager Vanguard shows that in 66%…
Luckily there aren’t too many accounting-related changes applicable for 2016, but there are huge changes coming. Here are my top five areas to keep an eye on in 2016. By Justine Combrink There are many areas that influence the preparation of financial statements. For 2016 one would need to apply the applicable IFRS (International Financial…
Avoiding the common pitfalls in African expansion A virtuous circle Unlocking the backlog Africa asset management set to rise Avoiding the common pitfalls in African expansion When expanding into Africa, local companies need to understand that simply transplanting products and services does not necessarily mean they will be successful elsewhere. By Theodore Josias The rate…
ACCOUNTING IFRS for SMEs training module on Other Financial Instruments Issues This module covers Section 12 of the IFRS for SMEs which specifies the accounting for more complex financial instruments and transactions. Access it via e-IFRS on the SAICA website. Accounting for investment properties under development or construction The IASB proposes to amend IAS 40…
I once read a quote that ‘if experience is the teacher, then exposure is the classroom’. As a young professional it is key to not only do your work well, but to not do the same work repeatedly without gaining new skills. Once you have mastered a skill, learn other new skills. When you start…
According to the Gregorian calendar, 1 January is the official start of the new year. January is named after the Roman god Janus. He is the god of gates and doors, beginnings and endings, and as a result of this, he is represented with a double-faced head, each looking in an opposite direction. He looks…
Since the introduction of tax-free savings account (TFSA) legislation in 2015, many products have been launched by different service providers. A TSFA is a long-term investment vehicle with a significant tax advantage. The TFSA regulations are part of a broader government policy to encourage South Africans to save and to help investors receive maximum benefit…
As leaders in business, whether you need to deliver a mini-speech or respond to someone on the cuff in the passageway, your ability to communicate on demand will set you apart from others. Most people shy away from on-the-spot speeches. This is where we can learn something from the movie industry to deliver our movie…
2016 has certainly started with a huge bang: our currency hitting records lows, political uncertainty, terror attacks and serious conflict among the beautiful people of our homeland. Forecasts worldwide are pointing towards a very challenging 2016. What does it mean for you personally? In what way will it affect your career? What impact will it…
The International Accounting Standards Board (IASB) has issued a new leasing standard which may significantly change current lease accounting for lessees. By Herman Jonker and Helen Wise Leasing activities are important for most entities in South Africa. By entering into leasing activities, entities are able utilise assets without having to take on the risk associated…