December 2008

FROM THE PEN SUPERSAICA Without a doubt, 2008 has been the most eventful year we’ve experienced in a long while. A global economic meltdown, Eskom load-shedding, peaceful elections in Zambia, a proposed government of national unity of sorts for Zimbabwe, a historical presidential recall in SA, an ANC split and the creation of a new…

TECHNICAL – ACCOUNTING

Editorial corrections and changes to IFRSs The IASB has issued editorial corrections and changes to Improvements to IFRSs and Bound volume 2008 on 11 September 2008. Please click https://www.saica.co.za/DisplayContent.asp?ContentPageID=268 to access these editorial corrections and changes to IFRSs. Proposed amendments to the retrospective application of IFRSs The International Accounting Standards Board (IASB) has published for…

SAICA NEWS

GENERATING ADDITIONAL ACCOUNTING SKILLS IN SOUTH AFRICA As the South African economy grows, the skills shortage poses a serious threat. There is a particular need and demand for skilled accounting staff in all sectors and in all sizes and types of organisation. To address the critical skills shortage of intermediate level accounting skills in both…

November 2008

FROM THE PEN At the time of writing this editorial, Kgalema Motlanthe has just been announced as South Africa’s third President at a time that many considered the beginning of the end of the African National Congress (ANC) as we know it. For the past 14 years, the ANC has controlled the National Assembly with…

October 2008

FROM THE PEN The Change Issue A few weeks ago I attended a presentation by JP Landman, a self-employed political and trend analyst, Harvard graduate, and author of the article “Is the bad mood justified?”. Landman introduced his presentation with a story about a South African hedge fund manager he knew, who had taken a…

September 2008

FROM THE PEN The woman’s issue Believe it or not, the image on our cover this month has caused some consternation in our office. I’ve had to endure a barrage of opinions raging from the lucidly candid: “Are you mad?”, to the: “How can you portray such an old image of women?”; “Surely you don’t…

SPECIAL REPORT: SEIZE THE OPPORTUNITES

Qualified: 1996 after studying at the University of Durban-Westville (now University of KwaZulu-Natal) Current position: National Human Capital Director at PricewaterhouseCoopers. Nitasha has been with PwC for 13 years. Career profile I started my career with the firm as a trainee accountant and was admitted as a partner in 2001 at the age of thirty.…

August 2008

FROM THE PEN THE EXODUS ISSUE The policy debate around South Africa’s brain drain has been a long, protracted and oftentimes an emotional one. We know, intellectually anyway, that too many skilled professionals are leaving the country. We may also acknowledge, intellectually, that our economy will in all probability not be able to cope with…

July 2008

FROM THE PEN The primary champion issue I was reading an interesting article on the Mail and Guardian website a short while ago regarding the attacks in Alexandra, Diepsloot and other areas around the country. The article basically summed up the incidences as the “have nots” greed and envy of those that have. To say…

June 2008

FROM THE PEN The golden issue I waited a while this month to get going on this editorial. As you are aware, every newspaper and television news bulletin, in boardrooms across the country, at lunches, meetings, in business editorials and corridor conversations, are all peppered with doom and gloom. So when I read this month’s…