The Role of Modern Finance in Supporting and Advancing the Business I recently participated in a podcast and one of the first questions I was asked was: ’Finance is not just the rating and reporting of history. It’s a future-focused job. How do you look ahead rather than backwards, and work alongside the business as…
Here are my fintech predictions for 2019 based on what we are seeing with our members at AlphaCode, which closely tracks international trends in this space. DIGITAL BANKSThe introduction of TymeBank, BankZero and Discovery Bank will no doubt shake up the industry and give customers greater choice. It will also force the incumbent banks to…
Even the auditing profession with its stringent independence and ethical requirements taught as part of the curriculum at university is now being dragged into the debacle. Earlier this year, the Independent Regulatory Board for Auditors (IRBA), exposed several auditors who were accused of consistently contravening its professional standards and the law.
On behalf of Chartered Accountants Worldwide (CAW), Edelman Intelligence surveyed over one thousand business leaders and key decision-makers across the UK, Ireland, South Africa, Australia and New Zealand to measure their trust in chartered accountants, the accountancy sector and business as a whole. In South Africa 250 respondents were interviewed. In an era where trust…
Working from home can cut you off from spontaneous interactions that can spark new insights. And, at times, the solitude may lead to isolation or the feeling that you’re left out at work. How can you combat loneliness and create positive relationships with colleagues when you work from home full-time? Read the full article here.
Naspers-backed cryptocurrency exchange Luno is predicting institutions to start testing the digital money market in 2019 despite the sell-off of bitcoin and other flagship coins over the past 13 months. According to data from Luno’s South African exchange, the price of bitcoin slumped from a high of R264 825 in December 2017 to R52 582…
The will and dedication of most people working in organisations will ensure a mindset that values professional scepticism, as a key audit criterion, over commercial considerations alone. Read the full article here.
Lungelo Ngobese, a 21-year old student from Richards Bay studying at Stellenbosch University, clinched the winning spot for his insightful and solution-driven essay at SAICA’s 10th annual leadership summit. He details how CAs(SA) can improve the communities and hometowns from which they come. Read the full article here.
In 2011, the New York Times published an article specifying the top 10 reasons small businesses fail. Number 4 on the list was ‘poor accounting’. The thrust of the theory is that an external accountant cannot keep a watch over the business; business requires an internal interested professional to perform that function. Read the full…
Inevitably innovation challenges the typical ways of doing things and regulation always seems to lag progress. How can we balance protecting personal identification information with the opportunities offered by blockchain? Read the full article here.