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BizTrends 2017


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New press offices

Risk Benefit Solutions has opened a press office on Bizcommunity.com!
Risk Benefit Solutions

Risk Benefit Solutions (RBS) originated from a small proprietorship in 1998 to become one of the largest fully fledged financial services advisory firms in Southern Africa in little under twenty years.

Bizcommunity has over 400 industry contributors and we always welcome further contributions and contributors.
UK Advertising Expenditure 2016
UK advertising passes £21bn in 2016

UK has a seventh consecutive year of market growth, as adspend grew 3.7% to reach £21.4bn...

21 hours ago

How to keep your business cash cycle in good balance
How to keep your business cash cycle in good balance

To meet all financial obligations, you need to strike a good balance on your cash conversion cycle in order to ensure that at any given point in time you have free cash flows to fund your business operations...

Issued by Monetary Library 2 days ago

MTN accountant arrested for allegedly stealing more than R20m
MTN accountant arrested for allegedly stealing more than R20m

An MTN financial accountant has been bust for allegedly stealing R24m from the company, the Gauteng Hawks said...

By Naledi Shange 13 Apr 2017

(c) Ed Sweetman -
Tesco dives into red on accounting scandal

LONDON - Supermarket giant Tesco revealed on Wednesday that it fell into an annual net loss of 40 million due to a costly accounting scandal at Britain's biggest retailer...

13 Apr 2017

SA students compete in KPMG International Case Competition
SA students compete in KPMG International Case Competition

A team of four top students from Witwatersrand (WITS) and University of Pretoria (UP) have headed to Lisbon to compete in the annual KPMG International Case Competition (KICC)...

11 Apr 2017

Bernard Agulhas, CEO, Irba
Irba audit plan 'dilutes rights'

MAFR ,as espoused by the Irba, undermines the rights of shareholders and disregards existing legislation that already safeguards the independence of audit firms...

28 Mar 2017

Struan Robertson
Donations and tax

The aim of this article is to alert individuals to donations tax considerations over and above the utilisation of the full R100,000 annual exemption which will inevitably be used to a great degree now that section 7C has been introduced...

By Struan Robertson, Issued by Meredith Harington 23 Mar 2017

The perks of buying QuickBooks
The perks of buying QuickBooks

EasyBiz QuickBooks has officially launched QuickPerks, the revolutionised annual subscription service. In keeping with its quick-to-learn, quick-to-use philosophy, QuickPerks will make life easier for QuickBooks users...

Issued by QuickBooks 22 Mar 2017

Audit firms unhappy with MAFR decision
Audit firms unhappy with MAFR decision

Further work needs to be done to understand the effect and consequences of mandatory audit firm rotation that the IRBA has decided on...

By Linda Ensor 20 Mar 2017

Source:
Auditing profession must look beyond the numbers for real transformation

IRBA outlines its concerns around the slow pace of transformation of the financial services sector before parliament...

15 Mar 2017

Tax ombudsman asks to probe delayed refunds
Tax ombudsman asks to probe delayed refunds

Tax Ombudsman Judge Bernard Ngoepe has written to Finance Minister Pravin Gordhan, asking for permission to launch a probe into whether "systemic problems" SARS are the reason for widespread delays in the payment of refunds...

13 Mar 2017

Misinvoicing practices loses Africa billions of dollars
Misinvoicing practices loses Africa billions of dollars

A study published by UNCTAD last year revealed huge discrepancies in trade accounting in South Africa, Zambia, Nigeria and Côte d'Ivoire...

8 Mar 2017

BDO Durban's trainees achieve 100% pass rate
BDO Durban's trainees achieve 100% pass rate

BDO South Africa has announced that all 16 of its accountancy trainees who wrote the SAICA APC Exam in November 2016 have passed, with Kelton Bingham being placed on the honours roll...

6 Mar 2017

QuickBooks Online huge discounts - One week only
QuickBooks Online huge discounts - One week only

For this week only (27 February - 3 March 2017) QuickBooks Online will be on sale for 70% off the normal selling price – valid for 12 months of the continued subscription...

Issued by QuickBooks 27 Feb 2017

edar via
South African businesses managing finances well under current economic strain

The Q4 Experian Business Debt Conditions Index reflected a slight upward adjustment from the previous quarter, indicating that businesses are managing their finances reasonably well under the current circumstances...

16 Feb 2017

Public hearing set on MAFR
Public hearing set on MAFR

The IRBA has welcomed the public hearing scheduled by the standing committee on finance on the regulator's measures to strengthen auditor independence...

8 Feb 2017

CFOs focus on retaining staff and technology to stay competitive
CFOs focus on retaining staff and technology to stay competitive

Recruiting the right people and digitising their operations will provide CFOs with a blueprint to build a better operating model in the future...

1 Feb 2017

Bernard Agulhas
Irba wants to be industry watchdog

The Independent Regulatory Board for Auditors (Irba) has proposed that it become the "comprehensive regulator" for all professional accounting bodies in SA...

31 Jan 2017

IFRS 16 and how it affects financing transactions
IFRS 16 and how it affects financing transactions

The IASB has issued its new international accounting standards, which removes the distinction between finance leases and operating leases with effect from 1 January 2019...

By Lionel Shawe 27 Jan 2017

Stephen Kelly, CEO of Sage
Small business issues underrepresented on WEF agenda

Global research by Sage highlights that only 17% of small businesses feel represented by politicians in their country's decision making...

16 Jan 2017

Profit margins rise and Ithala gets its third clean audit
Profit margins rise and Ithala gets its third clean audit

Ithala Development Finance Corporation (IDFC) is on a growth trajectory following the release of its annual financial results...

Issued by Ithala Development Finance Corporation 15 Dec 2016

Are audit firm consulting services detracting from their core business?
Are audit firm consulting services detracting from their core business?

Auditing firms have always inspired trust, but is their expansion into consulting services posing a risk to audit quality and investor protection?..

6 Dec 2016

Picture:
Woolworths' shareholders rebel

Woolworths' shareholders voiced their opposition on using the same auditors and also executive pay increases at the retailer's AGM...

By Ann Crotty 5 Dec 2016

QuickBooks 2017 is here!
QuickBooks 2017 is here!

QuickBooks 2017 for desktop is here! As always, this release contains a number of new features as well as improvements to QuickBooks's already feature rich, existing software...

Issued by QuickBooks 22 Nov 2016

SAIPA now a business rescue accredited body
SAIPA now a business rescue accredited body

SAIPA is one of the first two professional bodies accredited to regulate its members who are eligible to be business rescue practitioners..

17 Nov 2016

Cybersecurity and the CFO
Cybersecurity and the CFO

In the past, investing in security against a cyberattacks was something fairly low down the CFO's priority list...

By Nicci Botha 15 Nov 2016

King IV - from profit to sustainability
King IV - from profit to sustainability

The King IV Report builds on the previous iterations for standards in corporate governance and reporting...

4 Nov 2016

JSE boards are becoming more female and black, study shows
JSE boards are becoming more female and black, study shows

While the boards of listed companies continue to be dominated by white males, there is evidence to suggest they are changing their hue and gender balance.

3 Nov 2016

Boris Dzhingarov
Three reasons why course reviews matter

CPE Advisory is the site business professionals go to find reviews on CPE courses before they choose the right course to meet their specific needs...

By Boris Dzhingarov, Issued by Monetary Library 2 Nov 2016

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