Debunking the whole ‘Blue Monday’ theory, after studying over 30 million anonymised projects and tasks generated through its software, Redbooth discovered that Monday is indeed one of the best days to get the most done. Their data revealed that employees completed the most work tasks at the beginning of the week (Monday, followed by Tuesday).…Details
China’s economy last year grew at the slowest pace since 1990. Its economy, which contributes about a third of global growth, is on a long-term slowing trajectory as it shifts from the investment-led model of the past while carrying a heavy debt load. However, China’s increase in output was still more than all the goods…Details
The world’s billionaires are growing $2,5 billion richer every day, while the poorest half of the global population is seeing its net worth decline, reports CNN. Billionaires, who now number a record 2 208, have more wealth than ever before, according to a recent Oxfam International report. Since the global financial crisis a decade ago,…Details
Beyond the classic model of Porter’s Five Forces, social expectations and environmental pressures are mounting on today’s businesses. Thankfully, tools exist to help businesses understand and improve their extra-financial performance. Today’s businesses find themselves having to constantly adjust to new expectations from an increasingly informed consumer base, to changing laws around how they must interact…Details
On 15 November 2018 the International Auditing and Assurance Standards Board (IAASB) issued the exposure draft of proposed ISRS 4400 (Revised), Agreed-Upon Procedures Engagements (ED-4400), for public comment by 15 March 2019. The project to revise ISRS 4400 was started seeing that the standard had been developed more than 20 years ago and the growing…Details
XBRL stands for eXtensible Business Reporting Language, which essentially is a global web-based computer language designed for business reporting. It is being adopted by regulatory bodies around the world and South Africa is following suit, starting with the Companies and Intellectual Property Commission of South Africa (CIPC).
Technology has advanced rapidly over the last few decades, particularly with regard to artificial intelligence (AI). This advancement has professionals across disciplines fearing the unknown and more specifically, questioning their role after the implementation of these new technologies. The chartered accountancy profession is no exception.
What are cryptocurrencies? According to the South African Reserve Bank (SARB): Cryptocurrencies (that is, decentralised convertible virtual currencies) are a sub-set of virtual currency. Bitcoin, Litecoin and Ripple are examples of cryptocurrencies. Legal tender are notes and coins issued by a bank. Although not legal tender, cryptocurrencies are exchangeable for legal tender and may be…Details
Leadership Advisor BRETT TROMP CA(SA) CFO of Discovery Health What sort of leadership does the digital age demand? In a techdriven world, fast-paced change and ambiguity are the only certainty. Successful leaders are comfortable following a direction over a destination and give those they lead the same confidence. Are you ready for ‘Leadership 4.0’?Details
Blockchain SpecialistMONICA SINGER CA(SA)Blockchain Evangelist for ConsenSys The field of accounting owes almost its entire existence to the creation of double-entry bookkeeping. It is believed that the double-entry system was invented by medieval merchants in the Middle East. From there it was popularised by the major trading families of the Italian citystates of Florence, Genoa,…Details