BI – Is It Art? In the previous article (ASA April 2009 – What is BI?) the core definition of BI was discussed. It describes what is BI and how it can help business to improve decision making. A short description has also been given on how the BI project at SAICA has been implemented,…
One of South Africa’s most daunting educational challenges is to ensure that the average student entering university has a foundation sufficiently strong to handle the demands of university life. With a view to contributing meaningfully to meeting that challenge, SAICA has accredited 13 universities to deliver the chartered accountancy [CA(SA)] programme comprising BCom and the…
Following our biannual member survey in early 2008, it emerged that one of the services expected from SAICA by our members is the delivery of sufficient, valuable and relevant networking events. These include member to member and member to public events. These regional events are over and above the seminars and workshops hosted by SAICA.…
Challenges faced by students following the distance learning route There has been much press recently about the shortage of accountants and more specifically Chartered Accountants in South Africa [CAs(SA)]. This follows research conducted by SAICA in 2008. There are many challenges we face in developing young CAs(SA). One such challenge is in the Distance Learning…
Title: The EU VAT System and the Internal Market Author: Rita de la Feria This thesis focuses upon VAT in the context of the European Community’s internal market. Its central aim is to prove that the current EU VAT system is incompatible with the concept of an internal market, as set out in the EC…
IAASB STAFF ISSUES Q&As TO GUIDE AUDITORS’ EFFECTIVE IMPLEMENTATION OF CLARIFIED ISAs; AND ADDRESSES SME ISSUES To assist auditors worldwide in implementing the clarified International Standards on Auditing (ISAs), the staff of the International Auditing and Assurance Standards Board (IAASB) has developed a new question and answer publication entitled Applying ISAs Proportionately with the Size…
The proposed section 12k of the income tax act no 59 of 1962 Climate change is a natural process through which the earth and its atmosphere accommodate the change in the amount of energy received from the sun. It takes hundreds of years to complete one cycle of this process. The ice age is one…
With the initial storm having subsided slightly, global companies are coming to grips with the fact that exiting the storm is going to take a little longer than anticipated. Local companies are realising that the worst may not be over, and that the aftermath may have damaging consequences. South Africa is seeing the consequences of…
For the past nine months Swiss banking secrecy has been under enormous pressure from the United States, Germany, France and the UK. Some of these countries, indeed, are demanding an automatic information exchange. Others have demanded the abolition of the different treatment of tax evasion and tax fraud by Switzerland. If Switzerland is not co-operative…
I was quite heartened recently to receive a letter from one of our members who was optimistic about both South Africa and the chartered accountancy profession. Mr Guy Addison, a CA(SA) based partly in Cape Town and partly in Dubai on account of business obligations, was responding to an article written by another CA(SA) based…