News I Follow

The Accounting & Auditing community of South Africa South Africa Accounting and Auditing news

  • AICPA sets ESG roadmap for education, resources, guidance in 2021
    on November 27, 2020 at 11:23 am

    Ahead of IIRC and SASB conferences next week, the Association of International Certified Professional Accountants (the Association) shared its 2021 plans to deliver education and resources that assist accountants with reporting on and assurance of environmental, social and governance (ESG) information. These efforts reflect and further advance public accountants' (CPAs') and management accountants' (CGMAs') decades of work in helping organisations understand the value of ESG information to their businesses, and report on and communicate their commitment to the priorities, values and concerns of their growing and increasingly diversified stakeholders.Read more... | Send to a friend

  • Prevention is better than a cure!
    on November 25, 2020 at 3:25 pm

    The world is currently experiencing one of the worst health pandemics since the Spanish Flu in 1918. Not only has this had an impact on the health infrastructure of many countries, but it has resulted in economic turbulence in many markets with the looming potential of a global economic downturn if recovery efforts are not speedily implemented.Read more... | Send to a friend

  • Chartered Accountants Worldwide Network USA launches
    on November 23, 2020 at 2:21 pm

    On 19 November 2020 ACAUS (The Association of Chartered Accountants USA) and Chartered Accountants Worldwide (CAW) joined together to form Chartered Accountants.Read more... | Send to a friend

  • The concept of materiality and the need to embrace it
    on November 17, 2020 at 9:10 am

    Milton Segal, senior executive for corporate reporting, Saica</span>The concept of materiality is one of the most fundamental and significant concepts within the financial and corporate reporting ecosystem.Read more... | Send to a friend

  • South Africa's auditor-general Kimi Makwetu: an exceptional and true civil servant
    on November 17, 2020 at 5:58 am

    The late Kimi Makwetu was mortified by the extent of corruption.</span>Kimi Makwetu, who passed away on 11 November 2020 after a battle with lung cancer, was the quintessential civil servant who took his job as South Africa's auditor-general seriously and threw every sinew of his being into it.Read more... | Send to a friend

  • Exploring the evolution of the accountant
    on November 13, 2020 at 4:38 am

    Colin Timmis, general country manager, Xero</span>For a long time, accountants were considered bean-counters, which is essential, but they've become much more than just number-crunchers. They're essential business partners and will be vital in guiding small businesses through the challenges ahead.Read more... | Send to a friend

  • Is South Africa suffering a crisis of ethics?
    on November 10, 2020 at 1:16 pm

    Integrity, objectivity and independence. These are the cornerstones or pillars of ethical conduct in any and every professional sector. When looking closer at South Africa's professional sector, both public and private, have these pillars been applied? Have they been consistent practical guidelines for ethical conduct and practice? Are we edging towards a slippery slope of disregard for any form of ethicality or have we already slipped into a crisis?Read more... | Send to a friend

  • Using business as a catalyst for positive social change
    on November 6, 2020 at 12:47 pm

    Vumela Fund announces Letsema investmentRead more... | Send to a friend

  • AICPA and CIMA appoints Tariro Mutizwa as new regional vice president for Africa
    on November 3, 2020 at 11:15 am

    The Association of International Certified Professional Accountants (the Association), the unified voice of the American Institute of CPAs (AICPA) and The Chartered Institute of Management Accountants (CIMA), have announced that Tariro Mutizwa will join the Association as Regional Vice President - Africa on 2 November 2020.Read more... | Send to a friend

  • AICPA and CIMA launch CGMA Finance Leadership Programme
    on October 30, 2020 at 2:55 pm

    - New e-learning and assessment platform provides alternative pathway to completing CIMA Professional Qualification- Meets accelerating demand for remote digital self-paced learning driven by the Covid-19 pandemic Read more... | Send to a friend

The Banking community of South Africa South Africa Banking news

  • Prevention is better than a cure!
    on November 25, 2020 at 3:25 pm

    The world is currently experiencing one of the worst health pandemics since the Spanish Flu in 1918. Not only has this had an impact on the health infrastructure of many countries, but it has resulted in economic turbulence in many markets with the looming potential of a global economic downturn if recovery efforts are not speedily implemented.Read more... | Send to a friend

  • The OBS celebrates excellence at its 2020 Awards
    on November 24, 2020 at 10:18 am

    The best way to find out if you can trust somebody is to trust them. - Ernest Hemingway We are living in a world that is in a constant state of disruption. In this world, trust becomes a vital component of any relationship.Read more... | Send to a friend

  • Capitec launches new QR code payment functionality
    on November 24, 2020 at 9:27 am

    Capitec today, 24 November, launched its QR code payment functionality in its new app. The new addition was fast-tracked during the pandemic as it allows clients to pay without touching any surface other than their own phone. Payments can be made at till points, restaurants, for parking and for online shopping - as vendors across the country adopt the technology.Read more... | Send to a friend

  • Cellulant, Entersekt partner to strengthen security on mobile banking platform
    on November 24, 2020 at 8:14 am

    Entersekt recently announced a partnership with Cellulant, an African financial technology company. The partnership will further enhance Cellulant's cybersecurity by proactively securing its digital banking channels and guarding against digital banking and payment frauds.Read more... | Send to a friend

  • Brexit closes Brit expats' bank accounts
    on November 13, 2020 at 9:16 am

    Nigel Green, CEO, deVere Group</span>Many of the 1.8-million British expats living in Europe will have their UK bank accounts closed imminently because of Brexit - and they should urgently seek alternatives to "sidestep avoidable issues".Read more... | Send to a friend

  • Using business as a catalyst for positive social change
    on November 6, 2020 at 12:47 pm

    Vumela Fund announces Letsema investmentRead more... | Send to a friend

  • Banks need to up their game in customer relationships
    on November 3, 2020 at 10:59 am

    [[www.123rf.com 123rf.com]]</span>In 2019, the BrandsEye Banking Sentiment Index indicated customer dissatisfaction with the ethics around banking practices and the service levels offered by these institutions.Read more... | Send to a friend

  • RMB announces brand refresh
    on November 2, 2020 at 9:30 am

    Rand Merchant Bank (RMB) has announced an investment in its brand - recently valued at R4bn by Brand Finance - to align with its evolved business strategy and a rapidly advancing digital business environment.Read more... | Send to a friend

  • Whistle-blowers in South Africa are treated as pariahs in spite of their moral courage
    on October 26, 2020 at 1:20 pm

    Shutterstock</span>Recent reports of the looting of relief funds meant for managing the Covid-19 pandemic have once again shone the spotlight on the abuse of power in South Africa. They beg the question as to how it can be prevented.Read more... | Send to a friend

  • Bizcommunity and NSP Consultants congratulate BizListing winners!
    on October 26, 2020 at 10:35 am

    Congratulations to the SME companies who have won full-page BizListing entries in Bizcommunity's business directory.Read more... | Send to a friend