Microsoft CEO Satya Nadella in April 2020 noted, ‘We’ve seen two years’ worth of digital transformation in two months’,2 and the World Economic Forum has declared the potential for Fourth Industrial Revolution (4IR) technologies as limitless. Technologies like artificial intelligence (AI) and the internet of things (IoT) serve to provide solutions to a host of…
Making a difference through the KZN Film Commission In 2013, Carol joined the KwaZulu-Natal Film Commission (KZNFC) as the CEO and the first employee. This position provided her with an opportunity to shape the design of the new business and its operations. In establishing the KZNFC, Carol took the principal approach that the entity would…
Business AdvisorGarbage in, garbage out − so goes the computer science mantra. But what if you have no trustworthy, reliable data to input into your calculations and analyses? How do you navigate challenges, mitigate risks and spot opportunities if you can’t confidently make predictions from past trends? Kevin Phillips CA(SA)CEO of IDU Group I recently…
Organisation Development ConsultantTalking to people about their experiences of the pandemic and working from home has yielded interesting data and polarities. Businesses that employ remote workers and have offices with workers present daily represent a hybrid workforce. The vital data will shape hybrid working models as people re-imagine physical ‘offices’ Paolo Giuricich CA(SA)Founder and ownerof…
Blockchain SpecialistWhile non-fungible tokens (NFTs) are simply a way to transfer information (data), they provide various benefits because they are created on blockchain networks Monica Singer CA(SA)Blockchain Evangelistfor Consensys Characteristics of NFTs NFTs have the following characteristics: Unique: The hallmark trait of non-fungible tokens is that they are unique and this can be verified on…
Speaker, Facilitator, CoachAs a leader, mastering the art of delegation is paramount in order to grow and scale your influence at work. Being unable to delegate effectively will limit your ability to successfully lead a team and increase your impact at work Usha Maharaj CA(SA)Passionate about women empowerment and human potential The fears and failures…
If a provision of legislation is interpreted and applied correctly but the results have unintended consequences that obscure the overall intent of the legislative provision … is the legislation achieving the desired result? A topic that is regularly debated among professionals in both the public and private sector space is whether regulations, when interpreted and…
The enhanced powers of the AGSA are a vote of confidence in the auditing/accounting industry. This is a clarion call to all our peers to support both these amendments and other critical professional tools that will ensure wholesale clean administration to benefit the most vulnerable and deserving in our society, and one way for us…
As part of the value chain of advising accounting officers and accounting authorities, the Auditor-General of South Africa (AGSA) has evaluated the role that audit committees play in terms of improving the financial management of departments that they serve in. Members often find themselves as members of a public sector audit committee, be it in…
When it comes to the financial statements, the accountants always win … But why do they win? The purpose of the financial statements is to faithfully represent the economic phenomena underlying transactions and events. Faithfully representing the economics of transactions and events means that the principles in the Standards of GRAP that describe relationships and…