If each CA(SA) donated R500 per annum (fully tax deductible), SAICA could support 50% more bright young students At the inaugural North-West dinner for the Association for the Advancement of Black Accountants in South Africa (ABASA), many accountants were left wondering as to how one particular family could produce such provincial success in the accountancy…
“Capital investments made by organisations result in the commitment of significant resources to projects expected (in most cases) to enhance the value of the organisation and/or provide shared community benefits over time.” An Australian study reveals trends in incorporating sustainability impacts when making capital investment decisions The past decade has seen the emergence of significant…
“It is important to note that there is a lot of ‘greening’ that companies can do with existing buildings.” Going ‘green’ is now mainstream for cost-efficient building design A ‘green building’ is defined as one that is energy efficient, resource efficient and environmentally sustainable. It incorporates design, construction and operational practices that significantly reduce or…
“To be applied properly, G4 requires a change in mind-set, which in turn will require a change in the reporting process for some organisations.” The new G4 sustainability guidelines go beyond check lists to zone in on ‘what matters’ The Global Reporting Initiative (GRI), established in 1997, has spearheaded the movement behind the reporting of…
“Although the new codes will only become compulsory on 11 October 2014 – one year from date of issue – they may be voluntarily applied with immediate effect.” B-BBEE verification is a new business opportunity that CAs(SA) are best positioned to leverage 0n 11 October 2013 the Department of Trade and Industry (dti) released the…
“The ITC assesses the core technical competence of prospective CA(SA)s at a standard set by SAICA and is not the final requirement for qualifying as a CA(SA).” The newly introduced June ITC sitting doubles the number of successful African repeat candidates. The Initial Test of Competence (ITC), previously known as Part I of the Qualifying…
Digital record keeping and data analysis can effectively combat fraud in the workplace The perception of a corrupt business environment in Africa has long been seen as a barrier to those wanting to trade on the continent. But as business opportunities start to boom, especially across sub-Saharan Africa, local businesses, newly entered multinationals and governments…
“Certain fraud risks are at times identified when performing risk assessments as operational, business continuity or compliance risks.” Prevention is cheaper than cure – get risk and mergers and acquisitions assessed by forensic practitioners The tasks undertaken by a forensics practitioner have evolved tremendously in the past decade, from merely analysing evidence after an illegal…
“Your business may have simply outgrown its existing software, or as the business grows you may have more employees working across a range of different areas and departments.” ERP enables growing businesses to re-focus, automate processes and reduce costs Enterprise resource planning (ERP) solutions are software products developed to improve and automate the flow of…
“Recently, MTN was defrauded of millions of rands in air time by a Russian hacker, which highlighted the issue of managing IT-related fraud.” Protecting reputation and asset value from the onslaught of cybercrime Forensic audit services such as forensic accounting, investigative and legal services are often swathed in an air of mystery. Even the most…