Audit Reform: The importance of a well-functioning corporate reporting ecosystem

The establishment of the Sustainability Standards Board (SSB), which will have consistency in ESG reporting in 144 jurisdictions, would be the beginning of a comprehensive corporate reporting system. Corporate reporting can only be well functioning if it is comprehensive. The more comprehensive, the better the quality of comparability, the more informed the information for users,…

A passion for public service

Making a difference through the KZN Film Commission In 2013, Carol joined the KwaZulu-Natal Film Commission (KZNFC) as the CEO and the first employee. This position provided her with an opportunity to shape the design of the new business and its operations. In establishing the KZNFC, Carol took the principal approach that the entity would…

Who wins? The lawyers or the accountants?

When it comes to the financial statements, the accountants always win … But why do they win? The purpose of the financial statements is to faithfully represent the economic phenomena underlying transactions and events. Faithfully representing the economics of transactions and events means that the principles in the Standards of GRAP that describe relationships and…

Building customer-centric culture

Last month, we briefly looked at the power of entrepreneurial skills development and concluded that entrepreneurial skills development is crucial in improving your business operations and that learning new skills to better your business is one of the keys to success. This month we look at yet another crucial side of the business journey, namely…

Sometimes you need to spend to save

The business environment is challenging right now, and as we kick off Global Money Week (22−28 March), it is vital that people and younger individuals are financially aware and equipped to make sound financial decisions. With revenue lines bashed up by the pandemic, many leaders are having to make tough decisions to keep their businesses…

What are SAICA trainees really thinking?

Recruiting newly qualified chartered accountants is an important and challenging process. More than merely looking for skills, you also have to assess candidates’ potential for development and cultural fit in your organisation When recruiting new CAs(SA), you have to get to know each individual’s personality, likes and dislikes, talents and skills. It’s an important decision…