Our profession’s image has been tarnished by individuals guilty of gross misconduct, polluting public perception about accountants and our conduct. I believe their behaviour to stem from seeing various public figures guilty of same, arrogantly escaping the rule of law in our country Evolving the value proposition of accountants together Anton van Wyk CA(SA) and…
When dreams come true. ‘Given all the resources I need to pursue my goals, I will continue to work even harder and give each day my best,’ says Daniel Ndlovu Born and raised in Entumbane township, Bulawayo, Zimbabwe, Daniel James Ndlovu completed his high school at Mpopoma High School in 2012. He enrolled at the…
The responsibility and scope of deliverables for business leaders have evolved from primarily achieving attractive financial returns to a broader perspective on value creation SHILUBA MAWELA CA(SA) Managing Partner: Tshiamo Impact Partners – an impact advisory and impact fund management firm Globally, there has been a shift towards greater accountability on businesses to address pressing…
The world has gone crazy. Athletes were kicked out of countries due to their views, Bitcoin cruised then crashed, the US faced its highest inflation in decades, and stocks rose; we are locked up, let out and locked up again TRAMAYNE MONAGHAN CA(SA) tramayne.co.za & author of Shepherd and the Beast The difference between those…
The 2021 Dalbar study showed investor biases about doubled in costs to 2,11%. COVID-19 created extreme volatility − one of the greatest market crashes followed by one of the greatest bull runs. Recency biases grew to 58% from 35% (2020) and confirmation biases doubled to 50%! MIKE LLEDO CA(SA) Independent Financial Services Consultant The Investments…
The COVID-19 pandemic and lockdown have changed our lives and the way we do things for good. Leaders had to deal with and become more aware of multiple different aspects since the pandemic started: Working from home. More flexibility. Communication through online platforms. Less control. More trust. New opportunities. Employee health and wellbeing. Financial strain.…
The impact of COVID-19 on the South African economy loomed large in 2021. While the outlook is still somewhat bleak, the country’s small business sector is showing a modicum of optimism, according to Xero’s latest State of Small Business report A likely trigger for this slight, yet encouraging buoyancy is the use of technology. According…
A training contract is a term contract − it’s not a never-ending employment opportunity. So if you are in the commerce and industry training programmes or you are in the privileged position to have an offer to stay on at your firm, you need to ask the big question – ‘Do I stay or do…
This article highlights the changes to the IAASB standards and SAICA FAQs that will affect auditors and practitioners in 2022 and gives an indication of change on the horizon based on the IAASB’s work plan for 2022−2023. The standards of the International Auditing and Assurance Standards Board (IAASB) continue to evolve. New and revised IAASB…
The ISA 315 (Revised 2019) application material includes scalability considerations which illustrate the application of its requirements to all entities regardless of whether their nature and circumstances are less complex or more complex. This article summarises all the relevant application material for ease of reference. SA 315 (Revised 2019), Identifying and Assessing the Risks of…