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…
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…
Does it ever feel like your family, friends, teams or colleagues are going to discover you are a fraud and that you do not deserve your role and accomplishments? Don’t feel alone! According to an article published in the International Journal of Behavioral Science, about 70% of people experience impostor feelings at some point in…
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…
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,…
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…
Patrick Kubai brings a unique perspective to the profession, emphasising the importance of ethics, continuous learning and well-being. This profile article delves into Patrick’s journey, shedding light on his insights about the accounting profession, its challenges and opportunities, and the evolving landscape. CAs(SA) with diverse experience are highly valuable. Career experience across different sectors is…
Fraud has been in the news a lot recently … Between the fallen unicorn Theranos and the collapse of FTX, we seem to be surrounded by large-scale scandals. But fraud isn’t limited to multi-million-dollar enterprises. It’s pretty insidious − even in smaller businesses. So, it’s critical that you know what the tell-tale signs are. We…
Teeming with excellent sartorial ideas, Decorum Stylists’ Pat Mokgatle is one for bespoke tailoring. This year they were flaunting a redefinition of their spring/summer ’24 apparel at the Paris Fashion Week. As they say, he’s just getting started and there’s no telling what else he has up his sleeve, but he’s hinting at the Milan…
Celine Kotze may be a trainee at present, but she’s already giving back to South Africa’s CA community by shedding light on mental health matters with her podcast, iCAn Academy. Many CAs have something in common: a drive to be the very best. That’s what nudges them towards a career known for its fast pace…