Recommend: Changes to ISA 315

According to the International Auditing and Assurance Standards Board (IAASB), International Standard on Auditing 315 (Revised 2019), Identifying and Assessing the Risks of Material Misstatement (ISA 315 (Revised 2019), has been revised to promote robust and consistent risk identification and assessment After reviewing the changes to ISA 315, I agree that the changes have clarified…

Feature: SAICA ethical realities podcast with Mpho Mookapele – Mariétte Venter: the VBS saga

Mariétte Venter was the acting Chief Financial Officer (CFO) of the Capricorn District Municipality in Limpopo in 2016. The municipality was one of many which had invested funds in VBS Mutual Bank while Venter was on maternity leave. Venter recognised several red flags, demanded the money back and was suspended for her efforts. This is…

Feature: Stewardship versus neoliberalism

Wayne van Zijl offers insights into our preferences for certain accounting treatments The development of accountants has come a long way. We have sophisticated degrees designed to provide prospective accountants with the technical and theoretical foundation that they need to understand, interpret and apply IFRS Standards. We also have entrance criteria, exams and training periods…

Feature: The COVID-19 pandemic challenges and opportunities for women entrepreneurs

While women entrepreneurs optimistically face the future in order to succeed, we cannot ignore the uneven challenges presented by the COVID-19 pandemic In considering the impact of the COVID-19 pandemic through the lens of gender, worldwide research indicates that women entrepreneurs appear to have been the hardest hit. A staggering 87% of women business owners…