Profile: Nomalungelo Mkhize – A journey of resilience, leadership, and the CA(SA) dream

In a world filled with adversity and opportunities, the story of Nomalungelo Mkhize CA(SA) stands as an inspiring testament to the power of education, determination, and unwavering resilience. Her journey is a powerful example of how a combination of personal drive, familial support, and a passion for learning can lead to remarkable success. EARLY BEGINNINGS…

November 2023 Issue

THE FUTURE IS NOW As we embark on the next quarter of the 21st century, we find ourselves at an inflection point, with rapid shifts in technology, society, and the global economy reshaping our world. The profession, like many others, stands on the cusp of profound changes. To stay abreast of these changes is not…

2023 Trainee Trailblazers

SAICA is thrilled to announce the finalists of the 2023 Trainee Trailblazers competition. These prestigious awards recognise and celebrate outstanding trainee achievements, fostering a culture of excellence, innovation, and professional development among aspiring CAs(SA). Trainee Trailblazers is a SAICA initiative that aligns trainees with the competencies outlined in the CA2025 competency framework. The programme provides…

Manage your Practice: How do you value small practices?

Understanding of various factors. Whether you’re a buyer or a seller, knowing how to accurately assess the value of a practice is crucial for a successful transaction. Let’s delve into the methods and metrics that should be considered to ensure an accurate and unbiased valuation. Understanding the valuation methods used for small accounting practices There…

Manage your Practice: Work–life balance equals self-care

We often hear about the importance of finding work–life balance. Why is this important? Perhaps because finding work–life balance is a form of self-care. We are all familiar with the concept of self-care and modern-day society often highlights the benefits. There are many positive outcomes in implementing self-care. Stress levels are reduced, less anxiety, a…

Recommend: Empowering and educating non-profit board members for effective governance

On 24 February 2023, the Financial Action Task Force (FATF) took the decision to include South Africa on its ‘grey list’, thereby classifying it as a jurisdiction under increased monitoring. This greater scrutiny has a ripple effect on registration, banking, auditing and reporting requirements. It is critical that board members of non-profits be aware of…

Focus: Leading the way in accounting education for the 21st century

The world of accounting is undergoing a monumental shift, with technology and globalisation reshaping the profession. Professor Frans Prinsloo is redesigning teaching models to champion ethical grounding, real-world problem-solving, and a continuous thirst for knowledge. The world of accountancy is changing rapidly, driven by advances in technology and globalisation. To succeed in this new environment,…

Focus: How digital transformation is reshaping auditing

Digital innovation offers unique insights throughout the audit process, enabling auditors to offer increased value and efficiency in a demanding economy. The second 2023 SAICA Audit Reform Webcast held on 18 August and chaired by SAICA Executive for Audit and Assurance Thandokuhle Myoli explored the significant impact of digital technology on the audit profession, both…