My previous article, ‘Debilitating Inflation’ in the July 2017 issue of ASA, was a warning not to assess growth in absolute rand terms but rather in percentage growth. Despite this, I found myself falling into this trap again. We’ve acquired a couple of new neighbours in the last year and being the sociable street that…
There may be times when you need to co-present with two or three other people as part of your talk. In order for you and your team to present with impact, follow the steps below. Present as a unified force: A group presentation is one presentation with a number of presenters delivering it. It is…
These are the four words that Parmi Natesan CA(SA) lives by. Besides her prestigious position as Executive: Centre for Corporate Governance at the Institute of Directors in Southern Africa, Parmi Natesan recently received a Rising Star Alumni Award from the Nelson Mandela Metropolitan Municipality (NMMU). She took time out to respond to our questions The…
For the 50th anniversary of the creation of the Organisation of African Unity (now the African Union), African leaders adopted Agenda 2063: The Africa We Want – a vision for a prosperous Africa based on inclusive growth and sustainable development. One of the defining features of this agenda is the structural transformation of African economies…
Why transformation efforts fail Over the past decade, John Kotter has watched more than 100 companies try to remake themselves into significantly better competitors. Here is what he has to say … These have included large organisations (Ford) and small ones (Landmark Communications), companies based in the United States (General Motors) and elsewhere (British Airways),…
There’s no doubt that the last 12 months have got most people muttering, ‘Well, truth is stranger than fiction, after all.’ It’s easy to get caught up in the mass, global Chicken Little, ‘the sky is falling in’ reaction to events such as the Trump election and the Brexit referendum. We’re used to keeping an…
In an American law television series I had watched a manager who had been a critical part of the firm’s success and who had performed tasks beyond her role, approached the MD and asked to be admitted as a partner in the firm. She was not a lawyer, which is a generally accepted qualification for…
SAICA recently hosted representatives from the International Auditing and Assurance Standards Board (IAASB) where the complexities and challenges relating to extant ISA 315 (Revised) were heard ‘straight from the horse’s mouth’ in the context of the IAASB’s current standard-setting projects The IAASB is an international standard-setting body tasked with issuing standards that promote high-quality auditing,…
‘Investors who don’t have a strategy have been called sheep’ – Investopedia ‘If you don’t have a strategy, you’re part of someone else’s strategy’ – Alvin Toffler Only 6% of South Africans retire at the same standard of living they previously enjoyed. And about 33% of South Africans still have debt to pay off in…
Part 1: Overview of the Recommendations This is the first part in a series of articles on the 1-2-3 of audit committees. The recommended responsibilities of the audit committee as contained in the King IV Report will be explored in the next part With the issuance by the Institute of Directors in Southern Africa of…