ISQM 11, ISQM 22 and ISA 220 (Revised)3 come into effect on 15 December 2022. These standards are expected to have a significant impact on all firms that perform engagements in accordance with the IAASB standards. The South African Institute of Chartered Accountants (SAICA), in collaboration with the Pan African Federation of Accountants (PAFA) and…
Deregistration of companies and close corporations occurs when a company is removed from the Companies and Intellectual Property Commission (CIPC) register. The CIPC publishes in the Government Gazette the list of companies and close corporations that would have been deregistered. In terms of the Companies Act 71 of 2008, section 82(3)(a)(i), the CIPC may refer…
Reinstatement is one of the remedies where it was found that an employee was unfairly dismissed. The employee will normally receive back pay from the date dismissed, subject to employees’ tax being withheld by the employer from the amount. Disputes relating to a dismissal of an employee on the basis that it was unfair are…
The biggest player in the field is always an option when choosing your team, but I wish someone had told me to be sure not to overlook the agile and versatile small- and medium-sized practices (SMPs)! Benefits Each to their own, and it depends on what you are looking to get out of your career/articles.…
We recently met Siyasibulela Kepe at the Top 35-under 35 networking event in Cape Town. He’s one dynamic individual who is a community developer at heart with an avid inclination toward blockchain technology that will help root out corruption in the public sector. He recently graduated to become a blockchain expert at the European Tech…
As a business consultant, Rachelle Best CA(SA) was used to solving complex problems for organisations, but when she encountered a problem in her personal and parenting life that she didn’t have an immediate answer to, she stepped out to develop the solution herself. She is very proud today to have launched the app FYI play…
Vukosi Fungeni typifies the diverse career opportunities available to CAs(SA). Having grown up in Malamulele, a small Limpopo town, Vukosi Fungeni didn’t know much about the field of commerce. His focus in school was the sciences. However, from a distance, he pondered on how it would be exciting to become someone who contributes to corporate…
It was his Grade 10 Accounting teacher at Hoërskool Pretoria-Noord who helped Katlego Matshego realise that a career in this field was not just his calling, but a love. As the Deputy Head of the School of Finance and Accounting at the Independent Institute of Education (IIE), Varsity College and MSA, that’s what he is…
Distributed ledger technology has the potential to improve efficiencies for utility providers by tracking the chain of custody for grid materials. Beyond provenance tracking, blockchain offers unique solutions for renewable energy distribution. There are several use cases including real-time data management, moving carbon credits, and renewable energy certificates. Monica Singer CA(SA) Blockchain Evangelist for Consensys…
It might have been possible a decade ago to ignore climate change, but the recent catastrophic record temperatures, floods, droughts and forest fires on steroids confirm beyond doubt that our planet is experiencing system failure. Kurt Sartorius Climate change activist, Professor of Accounting at University of University of the Witwatersrand Climate change and corporate emissions…