But confidence in growth of their companies remains steady US has overtaken China as top target for growth for the first time in five years Fewer CEOs than last year think global economic growth will improve over the next 12 months, though confidence in their ability to achieve revenue growth in their own companies remains…
The dramatic collapse of the oil price during the final quarter of the year was probably the most important macro-event of 2014. Oil fell from $91/barrel at the start of the fourth quarter to $55 at the end of the year. It fell further in the first two weeks of 2015 to around $48/barrel. Since…
The enterprise resource planning (ERP) market is evolving at a rapid pace as a result of technology innovation. At the same time, most businesses are changing themselves as they try to keep up with the frantic pace of business in the digital era. That means that you should always be keeping a close eye on…
Going into a new year, there are a few things that those who prepare financial statements need to keep in mind. Here are my top 5: 1. The new standards applicable for the year that affects your financials A number of amendments to standards became effective in 2014, either from 1 January or 1 July…
To enter a trainee contract as a prospective CA(SA) is rigorous and not for the faint-hearted. It has taken long hours, mental anguish and tears to get this far! To ride on a mountain bike from Cairo to Cape Town will take blood, sweat and tears. Some will even say it is madness. What do…
“In the long run I believe the cloud is here to stay.” Although there has been a trend towards cloud services over the past years both locally and internationally, there is a part of me that wonders if it is just a fad we are caught up in or if it is really here to…
“A few wrong decisions on seemingly minor choices can actually have a significant impact on your overall financial health.” In the fast-paced world of professionals, financial planning can often fall to the bottom of the priority list while they are trying to strike the right balance between work and life. However, it is critical that…
IF PASSED, AMENDMENTS TO THE REPORTABLE ARRANGEMENT PROVISIONS WILL HAVE RETROSPECTIVE EFFECT FROM 16 JULY 2014 AND FAILURE TO REPORT COULD INCUR A HEFTY FINE, WRITES DAN FOSTER The reportable arrangement (RA) provisions are under renewed focus since the issue of a draft notice of reportable and excluded transactions and the publication of proposed amendments…
Eskom focused on reducing carbon footprint Though Eskom is focused on reducing its environmental and carbon footprint, it has to balance the need for power across the country with maintenance at several stations to improve emissions performance. “The execution of this programme will require long outages and a significant amount of capital (currently R72 billion…
Becoming a chartered accountant was all Vusi Nkabini dreamed of while growing up in Mpumalanga. Over nearly two decades, he failed his board examination five times and missed two exams, but he never quit. This year his dream became a reality when he qualified as a CA(SA) at the age of 52. By Monique Verduyn…