Tag: ethical conduct
South Africa’s new Public Procurement Act – enhancing transparency and integrity
In a significant move towards enhancing efficiency, transparency, and accountability in public procurement processes, the gazetted Public Procurement Act of 2024 (Act) aims to revolutionise the way government entities engage in procurement activities.
Thabi Leoka – what an incredibly sad & unfortunate situation
Well known economist, Thabi Leoka’s meteoric fall from grace was pretty much self-inflicted. It’s the old adage of "don’t tell a lie, you will be caught out". However, this whole situation could have been prevented, and misconceptions cleared up years ago, had all the entities involved done their due diligence.
Honesty and truthfulness – can the Corporate Governance Framework® help?
Authentic leaders embrace honesty and truthfulness as core principles of their leadership style. They strive to build trust, inspire their teams and foster an environment of openness and integrity. This approach appears to be cut-and-dried. However, in reality, being honest and truthful can be rather tricky.
State Capture Report – implications for the accountancy profession
The first part of the State Capture Commission’s report, released earlier this month, documents an account of events where many sectors and individuals colluded to create an environment in which billions could be pilfered. This was achieved by deliberately sidestepping constitutional and regulatory checks and balances.
Why good corporate governance goes beyond mere compliance
Rapid technological adoption offers possibilities alongside the responsibility to ensure that it is inclusive, not manipulated by bad actors and that it is used for the greater good of society. Today, the global pandemic has brought our inter-connectedness and humanity to the fore.
BOOK REVIEW | If You Don’t Do Politics, Politics Will Do...
If You Don’t Do Politics, Politics Will Do You will open your eyes to the fundamentals you didn’t know you need to know – the fundamentals no-one ever teaches you, including what office politics actually are and how being politically intelligent is the single biggest determinant of your personal and professional success.
Reimagining the way the accountancy profession is perceived, developed and utilised
We have begun thinking differently about what accountancy is and needs to be in a world marked by advanced technological capabilities and extreme socio-economic conditions.
Municipal audit: public sector financial management must be professionalised
We have noted with concern the Auditor General’s report of the audit outcomes for local government, which showed that only 8% of municipalities received clean audits for the 2018/19 financial year, despite R1.26 billion being spent on financial reporting consultants.
