There have been several major socio-economic upheavals in relatively recent history, each bringing in unprecedented economic change and a new way of doing business. The Industrial Revolution brought mass production and mass consumption. The Internet Revolution brought the rise of the information economy, and ushered in the current era, that of multinational capitalist globalisation. Globalisation…
Locally and internationally, governments are considering various methods of assisting organisations survive the tougher economic climate brought on by the ‘credit crunch’. An example of one of the methods available to the government is the granting of a loan to an organisation at a nil- or low-interest rate. South Africa remains a relatively high interest…
The objective of this article is to assist audit practitioners with respect to the relationship an auditor has to a trust in two specific cases where: • the audit of the trust is carried out by Tick and Bash Auditors and one of the trustees of the trust is a partner of Tick and Bash…
Dit lei geen twyfel dat internasionale beleidsmakers lankal baie aggressief optree nie. Maar dit was dan ook te verwagte, gegewe die ergste ekonomiese krisis in dekades. Die Federale Reserwe het byvoorbeeld sy rentekoerse tot nul verlaag. Baie ander leidende sentrale banke is ook alreeds daar of ten minste op pad. En baie regerings het laasjaar…
On seeing the new Mercedes Benz M Class entering the driveway, the only thing on my mind was this car is huge. Once I got past this, however, I noticed how classy and sophisticated this SUV really is and oh so easy on the eye. I guess the white colour gave the ML a presence,…
The motto of the family of The Duke of Westminster, arguably one of the richest men in the world, is virtus non stemma – virtue, not ancestry. The title dates back to 1622 when it was bestowed by King Charles the First. The King himself was later beheaded by Oliver Cromwell’s Army in 1649. How…
THE CFO CHALLENGE: DO THE RIGHT TOOLS EXIST? Startling results from the recent SAICA survey on the ‘South African CFO of the Future’ revealed that more than 70% of CFOs believe that their most important role within the organisation on a five year horizon will be that of planner and strategist. The reason for the…
Our profession is a diverse one, which is evidenced by the myriad of activities in which our members are engaged; activities that include audit, accounting, taxation, financial management, general management, human resources, consulting, internal audit, operations … and the list goes on. And within each of these spheres, our members operate across industries and in…
The Chartered Accountant (South Africa) or CA(SA) designation is a very prestigious designation, and much sought-after. Not only does research support this conclusion, but if imitation is the sincerest form of flattery, and if the increasing incidence of persons that are not entitled to use the CA(SA) designation holding themselves out as such is anything…
Notice of the SAICA Annual General Meeting The Annual General Meeting of members of the South African Institute of Chartered Accountants (SAICA) will be held in Gauteng at The Theatre on the Track, 4A Kyalami Boulevard, Kyalami Business Park, 1 Monza Place, Kyalami Park, on 21 May 2009 at 09h00 to transact the following business:…