At the end of last year, ChatGPT, the Artificial Intelligence (AI) tool that everyone is speaking about, took a UK accountancy exam. It didn’t pass, but it didn’t fail by much either. What does this mean for the future of our profession? Although the AI tool showed a good understanding of the subject matter, it…
Going into my eighth year of entrepreneurship I am sharing the challenges that I personally faced and how I conquered those. Hopefully it can inspire somebody who wants to take that giant leap of faith. You want to, but it scares you … For 10 years post-articles my life consisted of numbers, deadlines, project plans,…
In the 2020 Budget Review, the Minister of Finance announced government’s intention to restructure the corporate income tax system by broadening the base (that is, limiting deductions and/or allowances) and lowering the corporate income tax rate. In his budget speech delivered on 24 February 2021, the Minister of Finance announced that the corporate income tax…
South Africa’s estimated 2,6 million micro-, small and medium enterprises (MSMEs) are confronted with various challenges that impede their ability to thrive and create much-needed employment in order to reduce the 42,6% unemployment rate. Right now, access to reliable energy and funding are the most pressing matters. The South African MSME sector contributes more than…
We live in an era in which the perception of a person owning a business or being an entrepreneur is akin to being a superhero. Over the past five years (and accelerated by the COVID-19 pandemic), I’ve observed entrepreneurs, venture capitalists, and traditional media fuel one persona depicting what it is to be an entrepreneur:…
Unless we can get the accountancy profession to ‘swallow the alarm clock’, we can expect the same climate change apathy beyond the window dressing in ESG reports. Perhaps a jolt in a different direction may help. Climate change is not just about floods and droughts but also the prospect of changing disease patterns and future…
One of the more difficult leadership moments is for you to master the process of communicating distressing news. Regardless if the news is about a business restructuring; informing of tragedy, or taking a principled standpoint on behalf of your company – this type of speech requires diplomacy and structure. DINESHRIE PILLAY CA(SA) Business Owner and…
Digital transformation is an unescapable journey. Have you given enough consideration to the elements outside of technology before embarking on this journey? Frans Geldenhuys CA(SA) FCISA is one of the founding members of ALICE™ − an automated audit testing platform T Digital transformation is the process of using digital technologies to create new − or…
If the blind leads the blind, they both fall into a ditch – Japanese proverb. In this article, I will provide you with the ‘not-so-blind’ individuals one can follow for career success, sometimes, it’s not a mentor you need for the journey you are embarking on. Zanele Maduna CA(SA)Director at No-Valo Learning Centre Need information…
Fixing the vicious cycle of not having enough time requires leaders to start with a blank slate and radically redesign the way they work, instead of making small incremental changes. Focus and discipline to master this 80% of the time will lead to an exponential shift in creating time and mind space for innovation. Lize…