It is vital that the professional accountant be proactive in ensuring that sufficient safeguards are in place ahead of referral fees or commission being paid or received Professional accountants are required to comply with the fundamental principles and apply the conceptual framework set out in the Code of Professional Conduct of the South African Institute…
In an environment where accounting irregularities and auditing failures are in the spotlight, the pressure remains on auditors to enhance communication between them and investors, as well as those charged with governance, and to increase the confidence of the users of the financial statements in the auditor’s reports. A question remains, however, whether the users…
All professional accountants, whether in business or in private practice, must comply with the requirements of the SAICA Code of Professional Conduct of and whenever compliance with the Code is threatened, safeguards are the only way to ensure that the professional accountants ‘meet their responsibility to act in the public interest’ to which the profession…
Adelaine van Zyl gradually became deaf in her matric year as a result of osteopetrosis (better known as marble bone disease), which she was diagnosed with when she was 13 years old. She did not let her disability define her, however, and was adamant to qualify as a chartered accountant. We celebrate her ITC results,…
We are living in a globalised world where money flows freely between countries and where investors have a wider selection of investment options than ever before. That means that a wise investor should not be looking only at one country for returns, but also at the opportunities worldwide. With that in mind, here are a…
The Wits School of Accountancy headed by Professor Nirupa Padia hosted a seminar on 18 September titled ‘The Chartered Accountant as an Entrepreneur’ which explored the skills, training and character traits required by chartered accountants to be successful entrepreneurs. The keynote speaker was Brian Joffe CA(SA), one of South Africa’s greatest entrepreneurs who founded the…
There’s a problem in marketing and it seems to be getting worse: too many marketers have mistaken activity for achievement. Being efficient has triumphed over being effective. Seduced by a host of shiny new tools and techniques, marketing has lost sight of its strategic purpose – to create sales, protect margins, reinforce loyalty − and…
With a flexible schedule allowing employees to work hours that differ from the conventional company start and stop time, Nicol Myburgh, Head of the HR Business Unit at CRS Technologies, says this approach has had a significant positive impact in the South African market. “More organisations are adopting flexi-hours as they derive better performance from…
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26 SEPTEMBER 2019, JOHANNESBURG — There’s a new way to combat rising identity fraud in South Africa thanks to a locally developed app called WhoYou™ which turns smartphones into advanced ID fingerprint scanners. Latest statistics from the South African Police Service (SAPS) have shown a total of 83,823 commercial crime cases were reported in the…