SAICA WEIGHS IN ON IRBA’S REPORT
On 16 March 2017, the Independent Regulatory Board for Auditors (IRBA) released its Public Inspections Report, 2016, following shortly after the International Forum of Independent Audit Regulators’ (IFIAR) 2016 Survey of Inspection Findings on 3 March 2017.
Hassle-free IT acquisition
There is no denying that information and communication technology (ICT) is business critical in the fast-paced and increasingly connected society we live in today - however, procurement of the needed solutions and equipment too often still becomes a negotiation over cost and demonstrating value.
Optimism among SMMEs for future growth
The South African Institute of Chartered Accountants (SAICA) has for the past three years run a survey among small and medium enterprises, both to learn how SAICA members can better serve the sector, and to offer relevant research findings to policymakers in government seeking to stimulate small business development.
Are businesses geared for growth?
Every successful business owner will tell you that ‘cash flow is king’ and effective working capital management is essential for any successful business to survive, as it provides a business with the cash flow to fund its day-to-day operations. Working Capital can be funded by the business itself or by external funders.
New ranking – which banks contribute most to systemic risk?
A new ranking highlights some of the dangers and risks facing South Africa’s banks - an industry that has been rocked by recent revelations of collusion and currency fixing, resulting in the Competition Commission referring to the Tribunal for prosecution against 17 banks.
Billions vanishing from trade!
"Significant amounts of lost revenue and foreign exchange earnings to the state due to trade misinvoicing (underinvoicing and overinvoicing) have devastating implications for African countries - most of which are commodity dependent,” says Prof Charles Adjasi, head of the Development Finance programmes of the University of Stellenbosch Business School (USB).
WHAT CONSTITUTES A BBBEE TRANSACTION?
The Department of Trade and Industry recently published, for public comment, a notice containing draft thresholds for major BBBEE transactions.
A NEW ERA IN AUDIT REPORTING
South Africa and the world recently saw one of the most significant changes in the audit sector with the International Auditing and Assurance Standards...
MAFR NEGATIVE IMPACT!
The Association of International Certified Professional Accountants (the Association) has voiced its strong opposition to a plan by South Africa’s Independent Regulatory Board for...
Is a Fed rate hike a foregone conclusion?
Although markets have started pricing in a December rate hike by the US Federal Reserve (Fed) PSG Wealth believes there is a strong argument to be made that they shouldn’t.
