Tag: chartered accountant

The Top-35-under-35 competition was launched by the South African Institute of Chartered Accountants (SAICA) in 2014 to recognise its young CA(SA) achievers. It has proven to be a huge success in recognising and promoting young CAs(SA) under the age of 35 who are not just achieving extraordinary results in their professional capacity, but also have a significant impact on society.

Considering the high profile scandals that have dominated news headlines in the last few years, from VBS Mutual Bank to Eskom, it does not seem unreasonable to say that South Africa may have a corporate fraud problem. What’s more, the accounting irregularities that led to shareholders being defrauded and losing significant shareholder value, may have been entirely preventable if the internal auditors had been more empowered, protected and held to the same level of accountability as external auditors, via appropriate regulation of the internal audit industry.

According to QuickBooks, there are already more than 700 apps that are assisting accountants to automate processes and reduce their workload. Gone are the days where accountants can be mere number crunchers, who collate and check data and allocate it to the correct cost centre. The future accountant will have transformed her/himself into a financial advisor, adding value to businesses by offering strategic advice, consulting and financial planning.

New independent, international research indicates high trust in Chartered Accountants and points to the need for them to lead on protecting data and driving ethical behaviour and transparent business practices.

Take control of your practice, make more money and get your life back. The author, Rudi Jansen, has kindly made this book available as a FREE download on BusinessBrief website.

Ethics is one of the three pervasive skills competency areas to be developed in all entry-level CAs(SA) that SAICA requires in its rigorous qualification process.

The SAICA Code of Professional Conduct (the Code) has, since 2006, set out certain fundamental principles that members and associates (accountants) should adhere to. The principles are integrity, objectivity, professional competence and due care, confidentiality and professional behaviour.

Globally, tax is making headlines with an increasing focus on tax avoidance or aggressive tax planning, to increase the revenue collection by governments. While specific anti-avoidance rules are already available, general anti-avoidance rules (GAARs) were adopted in South Africa and elsewhere, coupled with a greater focus on addressing base erosion and profit shifting.

Part 1 The Process after receiving a complaint. https://youtu.be/oZAwwreEUiM?list=PLuG9AdcCxNgtPIGGDj0YBV6px85IMHNKd Part 2 On the emerging front, being proactive https://youtu.be/X_16XB7xWPA?list=PLuG9AdcCxNgtPIGGDj0YBV6px85IMHNKd Part 3 Acting in a responsible way through the code  https://youtu.be/StApmGIQcEw?list=PLuG9AdcCxNgtPIGGDj0YBV6px85IMHNKd Part 4 The standard of prosecution https://youtu.be/D0zVVvplhl4?list=PLuG9AdcCxNgtPIGGDj0YBV6px85IMHNKd www.saica.co.za...

Interview PART 2 - Uli Schäckermann CA(SA) Juanita Steenekamp, SAICA Project Director: Non-IFRS Reporting and Governance interview with Uli Schäckermann on the Code of Professional...