January 2024 Issue

The power of resilience, integrity, and transformative vision As we unveil the January 2024 issue of ASA, a first in our publication history, we’re not just breaking new ground with a special edition; we‘re honouring a transformative era under the leadership of Sithembiso Freeman Nomvalo. We celebrate a significant milestone in the history of SAICA…

Cover Story: A five-year journey of transformation and servant leadership

Sithembiso Freeman Nomvalo’s tenure as SAICA’s CEO has been defined by a series of transformative accomplishments that have solidified SAICA’s position as a vanguard institution in the accountancy profession. Nomvalo’s leadership has been synonymous with a commitment to value creation, resilience and a staunch dedication to serving the profession. Having joined SAICA at a time…

Special feature: SAICA Hosts Inaugural Climate Change Conference

SAICA hosted its inaugural Climate Change Conference on Wednesday, 25 October 2023, coinciding with the passing of South Africa’s Climate Change Bill ahead of COP28 in the UAE in late November 2023. The aim of the conference was to deliberate on local challenges, market solutions, and financial instruments, and to leverage existing opportunities. Held under…

Cover Story: Top 35-under-35 2023 overall winner – Senzo Ndlangamandla CA(SA), RA

Head of the Department of Accounting Sciences at Walter Sisulu University and Managing Director at SnB Chartered Accountants and Auditors A visionary leader igniting excellence in accounting and beyond In the ever-evolving landscape of chartered accountancy, individuals who not only excel in their field but also demonstrate visionary leadership are rare gems. Senzo Ndlangamandla CA(SA),…

Recommend: The property practitioners’ landscape

As an auditor of property practitioners’ trust accounts, are you aware of the new developments following the illustrative reports recently published by IRBA in March 2023 and the coming into effect of the Property Practitioners Act in February 2022? AUDIT OR INDEPENDENT REVIEW OF FINANCIAL STATEMENTS All business property practitioners with an annual revenue of…

Profile: William Heyneman – Navigating an evolving landscape

From regulations to technology, globalisation and the need to adapt to emerging business practices and challenges … William Heyneman sheds light on the dynamic world of the CA(SA). His insights offer a roadmap to embracing change and seizing opportunities to thrive in a changing profession. William Heyneman CA(SA) is Head of Assurance at PKF South…

Recommend: The IASB’s effort to improve communication in financial statements

As an academic, I have the unique opportunity to survey and interview expert practitioners from different roles, contexts, and levels of experience. Recently, I interviewed preparers and users of small and medium-sized JSE-listed entities. There was an overwhelming feeling that IFRS financial statements were unnecessarily complex, overly lengthy and of limited use, with users placing…

Profile: Daneel Steinmann – The CA(SA) who sells rugby jerseys

What started as a simple desire for classic cotton rugby jerseys has evolved into a thriving venture with a notable presence in the sports leisurewear market. In the fast-paced world of entrepreneurship, success stories often emerge from unexpected beginnings. Daneel Steinmann (25), a qualified CA(SA), and his brother, Stephan (23), exemplify this narrative with the…