As a recognition that registered auditors may at times be exposed to imperfect situations, the code of conduct equips IRBA’s members to think through ethical complexity, by referring to its conceptual framework. The code requires RAs to be able to identify, evaluate and address possible threats to the achievement of the code’s fundamental principles. Professional…
South Africa’s new Auditor-General, Tsakani Maluleke (45), has her work cut out for her. But this dynamic young woman is motivated to make a success of her role and to continue the fight her predecessor, Kimi Makwetu, started for good governance in public finance and against rampant mismanagement and fraud. As a young girl, Tsakani…
The accountancy and audit industries are on the cusp of an automation transformation guided by the incredible growth of emerging technologies like robotic process automation (RPA) and artificial intelligence (AI). What’s more, the world is experiencing the most significant global recession since the 1930s Great Depression. The evolution of the finance function is perfectly timed…
In a series of interviews, I explore the approaches of different business leaders (all chartered accountants) to strategy. This month I was in conversation with Anine Pheiffer, GM Strategy at Astron Energy and SAICA Southern Region Council President. When Anine moved from KPMG literally across the road to Chevron South Africa in 2007, she never…
Direct marketing to existing customers of the marketer can continue as regulated under the CPA. Once the POPIA deadline for compliance is reached, non-customers may only be approached once for consent. Colin Victor explains. Two primary pieces of legislation regulate direct marketing activities, namely the Consumer Protection Act 68 of 2008 (CPA) and the Protection…
The issues the MIB groups focus on are tabled and addressed from an auditor, preparer and regulatory perspective. SAICA has a broad membership base, with members taking up key roles in different industries and at differing levels of seniority. To ensure that we cater to our members’ needs, we run interest groups for our members.…
Leading in times of uncertainty Today, uncertainty is everywhere. We have all heard anecdotes about some of the world’s most valuable companies … the world’s largest taxi company, Uber, owns no cars, the world’s largest accommodation provider, Airbnb, owns no property, and so on. But even for them, times are uncertain. Because people did not…
Compassion fatigue is when someone in a helping role begins to experience burnout from the “burdens” of being the helper or hearing about traumatic events. During the current Covid-19 pandemic, trauma and stress has been taking its toll. In order to help others, it is critically important that we take care of ourselves first. If…
The art of inspiring hope What a year! And what has it taught us? For many, it was a year of losses and fear, but it has also taught us to be grateful. We have also been inspired by the stories of resilience − how many have found ways to impact and inspire others despite…
Around the world, chartered accountants are respected and sought after for their business acumen. For as long as global economies are powered by sophisticated fiscal systems, CAs(SA) will remain an indispensable part of business due to their rigorous training. However, it is crucial for chartered accountants worldwide to stay relevant in a world increasingly driven…