This article hightlights initial research providing a platform to investigate SENS announcements as an important tool to communicate with stakeholders In light of the COVID-19 pandemic, it has been noted that stakeholders require a more reactive and proactive manner of communication to disclose material information and disseminate information to stakeholders timeously. Different reporting avenues can…
The world is changing. Blockchain technology is redefining double-entry bookkeeping and transforming it into a system of triple-entry bookkeeping. The overarching pain point of double-entry accounting lies in the reliability of accounting records by different parties. When an economic event takes place, and the transaction is recorded, essentially the same transaction should be mirrored in…
The ethical duties and responsibilities discussed in the first article on ethics to the rescue in our previous issue are further unpacked in this article We continue to explore at a very high level the extent of those ethical duties and responsibilities which originate in many provisions of the Companies Act and continue to develop…
For Heinrich Swanepoel, it is important to keep challenging himself and therefore he will never let setbacks get him down for too long! As a little boy growing up on the wrong side of the tracks in Pretoria, Heinrich Swanepoel always knew he wanted to be a CA(SA). His grandmother lit the fire for numbers…
In her interview with a fashion and lifestyle South African Magazine, The Gentleman Quarterly (GQ)1, a seasoned economist, and a broadcaster, Refilwe Moloto asks a rather poignant question when she inquired, how do you make yourself indispensable when the entire world’s broke? Moloto was asking this question as she was reflecting on her experience when…
A new global minimum tax is welcomed in Africa, but curbing illicit flows and broadening the tax base would be much more important Africa will likely benefit from the OECD-driven new global tax agreement signed in October by nearly all of the world’s countries, which would set a minimum corporate tax rate of 15% across…
What is clear is that business rescue practitioners are required to always act with a high degree of integrity and honesty. This applies before the commencement of business rescue proceedings, during those proceedings, after the adoption of a business rescue plan, and often after the company is taken out of rescue Given the importance of…
The auditor’s report is the final audit product that users of financial statements and the general public interact with, and therefore it is important that the auditor’s report accurately reflect the outcome of the audit in accordance with the appropriate standards and requirements The IRBA Inspections Findings Report 2020 indicated that certain recurring deficiencies have…
TURN YOUR ‘SHOULDS’ INTO ‘MUSTS’. We have had a year full of surprises, highs and lows. A year where we once again appreciated our health, the time spent with loved ones and a support system to carry us through the lows. We are ending the year with a highlight by introducing you to our Top…
SME development has been on the agenda since the days of the Mandela presidency – and yet, South Africa’s small businesses continue to founder. Their precarious state has been placed under even more pressure by unforeseen events such as the pandemic lockdowns and July riots, and, with our unemployment rate now standing at more than…