In 2018, amendments were made to section 11(j) of the Income Tax Act to provide specific criteria for determining doubtful debt allowances. Further amendments have now been introduced which take effect for years of assessment commencing on or after 1 January 2021. This means that the new rules will effectively apply for the first time…
The other day I was looking for something in a shop. A packer noticed my confusion and cheerfully offered to help. He took me from aisle to aisle until I found what I was looking for. He did not need to help me but he did, with all his heart. He taught me a few…
Chartered Accountant Dylon Johannes had to conquer adversity to become the successful individual he is today. Not only did he manage to climb his way out of poverty, but he has also had to navigate a life-long speech impediment to make his way in the business world. He says the support he received from the…
Sandile Mnguni CA(SA) believes the public sector is a great place to work for anyone who has a passion and interest in society and how communities develop and live together. Chartered accountants working in the public sector help to shape public spending at local, provincial and national level, ensuring that taxpayers are receiving value for…
‘One thing I learned is the fact that tomorrow is not guaranteed, and therefore I decided to take a leap of faith and pursue this dream,’ says Tumelo Makgakga CA(SA) RA. Starting his own practice had been a dormant dream in Tumelo Makgakga CA(SA)’s heart for a long time. But lockdown gave him a good…
Retired, enjoying life with his wife Kalpana and four children, and sharing his experiences − this is Dr Suresh Kana, reputed ethical leader in our profession. Those who know Suresh are proud of his contributions through the pivotal roles in his career: PwC SA CEO and PwC Africa senior partner, chair of SAICA, non-executive chair…
It is not about change anymore; it is about audit transformation. Relevant technologies are changing rapidly and therefore capability requirements cannot be set in stone. As such, we cannot focus on just the acquisition of the latest technologies, we must focus on the auditor having the right skill set to embrace the changing technologies. Amé…
A true example of resilience and integrity, former Trillian Financial Advisory CEO Mosilo Mothepu had to sacrifice not only her job, her security and her peace of mind, but also had to endure immense trauma to do the right thing and blow the whistle on state capture. ‘My story is one of conviction, resilience and…
Over the past 15 years, Vincent Motholo has built a career marked by substantial development and success. As a qualified and experienced CA(SA) and registered auditor, Vincent is currently the chairperson of SAICA, having served on its audit and risk committee as an independent non-board member. He has also served on various other committees and…
BEING OTHER-CENTRED In one of the many books about great leaders and their qualities, The art of leadership, Donald Walters writes about lessons we could learn from George Washington. He gives one profoundly positive example showing that leading others isn’t about driving them, directing them, or coercing them, but about compelling them to join you…