The mistaken rap on this kind of ‘social’ investment is that returns are weak and realising them takes too long With the fraying contract between society and business an urgent priority, many companies and banks are eager to find investments that generate business and social returns. One avenue is ‘impact investing’, directing capital to enterprises…
Are you compliant with the new fiduciary standard? If you are involved in trusts, wills and estates, you need to know that there is a new professional designation which will soon become the de facto standard for fiduciary in South Africa. The Fiduciary Practitioner of South Africa® (FPSA®), introduced by the Fiduciary Institute of Southern Africa (FISA)…
Nick Wilkinson’s career reads like a ‘how to make it big in Africa’ story. The multi-award-winning olive oil maker first spent 20 years working for international corporate agricultural businesses, turning near bankrupt agribusinesses into profitable operations. In one venture he created opportunities for 150 000 small-scale cotton farmers in Zambia, supporting 1,5 million livelihoods. This…
The International Standard on Auditing (ISA) 720 (Revised), The Auditor’s Responsibilities Relating to Other Information, is effective for audits of financial statements for periods ending on or after 15 December 2016. What does this mean for an auditor, you may ask? While keeping the possible impact on the auditor’s report at the back of your…
To compete at the speed of digital, you need to unleash your strategy, your structure, and your people Congratulations! Your organisation is performing at or near the top of its game, or it has been in the recent past. Perhaps even better, you have a strategy to improve in the near future. Now for the…
In a world where expectations are not often met, you can prepare yourself to be pleasantly surprised at this London hotel When you think of London, what is one of the first things that pop into your head? Probably the Royal Family … and then Buckingham Palace. If you’ve ever been to London, you’ll know…
The ethical conduct of CAs(SA) has a direct or indirect impact on the organisations that they lead and is strengthened and governed by the SAICA Code of Professional Conduct (CPC), which strives to ingrain high moral fibre in all SAICA’s members. This article considers the ethicality of CAs(SA) serving on the board of directors of…
When Magnus Sprenger was given the opportunity to move to China, he simply could not resist the idea of living in the world’s largest country by population – and soon to be the largest economy in the world. Since landing in Beijing last year October, he has not regretted his decision, although he admits it’s…
Transfer pricing has been named as one of the main mechanisms used by multinational groups for base erosion and profit shifting (BEPS). While transfer pricing legislation across the world has recently been tightened, including in South Africa, compliance with this legislation is still dependent on the level of taxpayer compliance The OECD base erosion and…
Maintaining business integrity in a post-truth world Ethical dilemmas Ethical failures and the danger of over-regulation The ethicality of CAs(SA) serving on boards The profit in business ethics Integrity and values should be at the core of every business and each employee. Why? Because the right values will steer your personal life, your business, employees…