Protection of Personal Information Act [B 9D – 2009] Approved by the National Assembly on 20 August 2013, after minor amendments proposed by the National Council of Provinces in 2012, the president signed the Protection of Personal Information Act (PoPI) and it became law on 26 November 2013. The Protection of Personal Information (PoPI) Act…
Stor-Age, the country’s largest and leading self-storage company today, boasts a R1.5 billion property portfolio consisting of 33 properties, comprising 25 trading stores and eight development sites across six cities. As recently as 2006, two of the three CAs(SA) running this unglamorous business were still doing their articles and dreaming of anything but self-storage. CAs(SA)…
Most people try to live a risk-free life. You may view taking risks as reckless and irrational and to be avoided. But unfortunately, life is full of risk. Everything you do involves risk. There are dangers in every type of travel, eating, breathing, working, exercising, etc. Risk is an unavoidable part of your everyday life.…
Evaluating the benefits of integrated sustainable reporting according to the King III Codes of Governance, and what it means for those responsible. The King III Code has brought more clarity and weight to the concept of integrated sustainable reporting, which has been to the benefit of all stakeholders. Those tasked with the responsibility of compiling…
“The new Nissan LEAF represents one of the most significant events that Nissan South Africa has ever undertaken.” Retail sales have commenced in November via a dedicated Nissan LEAF dealer network covering Johannesburg and Pretoria. A charging infrastructure has been implemented at convenient locations to provide a new, environmentally sustainable way of travelling. Says Mike Whitfield, Nissan South Africa Managing…
“The integrated report is an outcome of the integrated reporting process – and importantly, it is based on the foundation of integrated thinking in a company.” The finalised integrated reporting framework may transform corporate reporting worldwide This year will be remembered for the birth of a new prince … and the birth of an accepted…
:The software you choose is not the only variable that determines the success of your consolidation software implementation. ” Prevent costs and headaches later by selecting the ‘right fit’ solution Companies with multiple cost centres or business units usually reach the point of needing to adopt a financial consolidation solution. The time is ripe to…
Producing an integrated report can be a tedious and stressful affair, but automated tools are becoming available. Most organisations have sophisticated intelligence and analytical tools in place for planning, budgeting, forecasting and consolidation, also known as the ‘first mile of reporting’. However, when compiling monthly and annual reports, all data is initially extracted from Excel…
“There is no downside to having a qualification as a chartered accountant, only upsides. One of the things I have learnt here at PSG is never to use the word ‘I’ but rather use the word ‘we’” Jannie Mouton is one of South Africa’s most successful and influential businessmen. Accounting SA had a rare opportunity…
“Differing accounting recognition and measurement criteria, applied to various components of a hedge relationship, create volatility in financial reporting” Hedge accounting is becoming imperative for companies exposed to exchange rate volatility The recent volatility in the South African rand (ZAR) has seen many local corporates scrambling to control the impact of dwindling local currency value…