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The South African Institute of Chartered Accountants (SAICA) is the professional home of Chartered Accountants [CAs(SA)] who are leaders in business, government and the communities they serve.
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Chartered Accountants Worldwide Network USA launchesOn 19 November 2020 ACAUS (The Association of Chartered Accountants USA) and Chartered Accountants Worldwide (CAW) joined together to form Chartered Accountants. 23 Nov 2020 Read more

Business must band together to support infrastructure development and better service deliveryMunicipalities are the most basic units of government. Tasked with providing basic services and fostering development in the regions they control, they have the challenging role of mobilising their economic resources and using them to improve the lives of all citizens by providing basic services necessary for good health, well-being and human dignity. Their role is so vital, in fact, that South Africa municipalities are constitutionally tasked with providing sustainable and effective services to the public. But you only need to look at the myriad of basic service delivery protests that plague our country year in and year out to see that they're failing dismally to meet this mandate. 12 Nov 2020 Read more

A post-industrial era education modelRob Paddock, founder of GetSmarter digital learning platform, explains micro-credentialing and the need to provide a post-industrial era education model, which offers affordable, accessible and quality education to all. 28 Sep 2020 Read more

Adopting a project-based approach to educationRecently Sizwe Nxasana, Founder of Future Nation Schools, spoke at the South African Institute of Chartered Accountants (SAICA's) Future of Education webinar about his chain of affordable schools, and whether his innovative methods can be adopted at tertiary and post-CA(SA) qualification levels. 25 Sep 2020 Read more

Gender equality in the technology industrySociety has undoubtedly painted a picture of coders being male. What can be done to change this? 25 Sep 2020 Read more

The art of unlearning and reimaginingCovid-19 is forcing us to have many conversations we probably should have initiated a long time ago. One of which is whether our education systems need to change. Recently, author, futurist and strategy consultant Graeme Codrington spoke at the Future of Accounting Education, Learning and Professional Development hosted by the South African Institute of Chartered Accountants (SAICA) to unlock what the future holds for tertiary education, learning and professional development, in the aftermath of Covid-19 23 Sep 2020 Read more

Enterprise Development Programme equips SMMEs with tools to go virtualVirtual training and virtual training environments are designed to simulate the traditional classroom or learning experience. Transnet Pipelines (TPL) together with The Hope Factory (THF) saw the need to equip their current SMMEs on the Enterprise Development Programme for Entrepreneurs with Disability with the tools needed to go 100% virtual from the comfort of their own homes. Boosting SMME support whilst staying safe was one of the biggest highlighted needs to stay resilient through our current pandemic challenges. 22 Sep 2020 Read more

Financial statements to undergo a faceliftHow many times have shareholders and other users of financial statements questioned the quality of financial information that companies provide in financial statements? The manner in which financial information is presented and disclosed could impact how the users of financial statements perceive the content and context provided in those financial statements. Financial statements are an important tool for communicating the financial performance, financial position and cash flows of a company. In addition, financial statements enable users to form an opinion, for example, on the liquidity and solvency of the company. They are also a mechanism that can be used to hold management accountable for the resources entrusted to it by shareholders, writes Bongeka Nodada, Saica project director: financial reporting. 11 Sep 2020 Read more

SMEs reporting revival and Covid-19's influenceIn 2019, the International Accounting Standards Board (IASB) sent out a Request for Information (RFI) to assess the market's appetite for the potential comprehensive review and overhaul of financial reporting for Small Medium Enterprises (IFRS for SMEs), writes Milton Segal, SAICA Senior Executive: Corporate Reporting. 9 Sep 2020 Read more

The changing face of educationKerryn Kohl, co-founder of 4thTalent, recently spoke about developing competence for the future world of work as part of a series on the Future of Education run by the South African Institute of Chartered Accountants (SAICA). 7 Sep 2020 Read more

From trainee to citizen - enter Saica's Trainee Trailblazer competition todayAre you a Saica trainee with a passion for citizenship or do you know a Saica trainee who is? Don't underestimate yourself, your achievements or your desire to change the world. If you're making a real difference in society, you have what it takes to be the first Saica Trainee Trailblazer. 21 Aug 2020 Read more

Accounting for sustainability - BCom students get behind the UN SDGsEntries for the 2020 Student Leadership Summit (SLS) Competition are open. BCom CA-stream students are being challenged to put together a Sustainable Development Goal (or SDG) focused business case that illustrates how they are empowering and improving the country through a community-based project that works towards solving one or more of the UN's SDGs. 17 Aug 2020 Read more

Bursary application window extended for learners who want to be a CA(SA)For the past 15 years, the Thuthuka Bursary has funded academically talented African and Coloured learners and students who want to become chartered accountants [CAs(SA)]. If you are one of them, don't delay; the applications window for the 2021 intake has been extended until 30 August 2020. 30 Jul 2020 Read more

Your time is nowAt Saica's recent Leadership in a time of crisis series, actuary and innovator Dean Furman spoke about how the greatest innovation is created in tough times. 28 Jul 2020 Read more

Institute finalises 332 disciplinary cases related to the APC 2015 AssessmentIn 2015, the South African Institute of Chartered Accountants (SAICA) discovered that several candidates sitting the Assessment of Professional Competence (APC) examination had allegedly breached the assessment's ethical expectations. Having concluded the investigations into 332 cases of alleged misconduct, SAICA is now at liberty to release the outcome of its inquiry. 27 Jul 2020 Read more

The future is positiveIan Mann, one of South Africa's most respected strategy and leadership consultants, shares his fact-based views on why the world is getting better 23 Jul 2020 Read more

Changing workspacesSaica asked two forward-thinking accountants, Peter Magner and Willem Haarhoff, about the workspace changes that have been spurred on by remote offices 20 Jul 2020 Read more

How the business rescue process worksAre you or your clients facing business collapse? The South African Institute of Chartered Accountants (Saica) explores practical options relating to the business rescue process and turnaround interventions. 20 Jul 2020 Read more

Virus proof your small businessBusiness coach and author Douglas Kruger provides practical ways your business can survive - and even thrive - during this time of uncertainty. 20 Jul 2020 Read more

Resilience and creativity to expand amidst the Covid-19 pandemicSmall business owner shares his journey and flexibility during the 2020 economic battle in business. 3 Jul 2020 Read more

Nurturing the CA(SA) pipeline during a pandemicAs the South African economy flails under Covid-19 and a downgrade to junk status, The South African Institute of Chartered Accountants (Saica) talks to chartered accountants [CA(SA)] Ignatius Sehoole about the importance of ensuring we continue to bring top-quality CAs(SA) into the system. 30 Jun 2020 Read more

Thuthuka: A programme that makes all the differenceIn the 2019 Saica Nation Building Impact Report, Saica CEO Freeman Nomvalo says: "As Saica celebrates its fortieth anniversary this year, we remain committed to our higher purpose of building a better world and illustrating the integral role our noble profession plays in securing the future of our country... For South Africa, our top three areas of concern remain the lack of access to quality education to all, extreme poverty and unemployment particularly in the youth demographic, and the ever-growing inequality gap that exist between our citizens." 30 Jun 2020 Read more

How the 4th Industrial Revolution and Covid-19 are changing the face of CSI donationsIt's common company practice to stick to a three-year cycle to update and upgrade employees' computers and laptops, but many of these devices still have years of use to go. So, instead of sending them off to the recycling depot, rather follow DriveRisk's example in donating them to a worthy cause. Here's how the country benefits when you rethink your CSI donation strategy to focus on the UN's Sustainable Development Goal (SDG) of improving access to quality education, with a particular focus on the role of technology at a time when we need it most. 29 Jun 2020 Read more

Future fit for purposeDr Alex Granger shares invaluable advice on how to develop fit for purpose leaders, culture and people for a brave new world. 17 Jun 2020 Read more

Sanral to professionalise its finance division with world class professional accounting designationsWhen the Auditor-General (AGSA) releases its annual audit outcome reports, state-owned companies (SOCs) are accused of being run poorly and not sticking to good governance guidelines. The numerous challenges Chief Financial Officers (CFOs) of these organisations face - including basic upskilling of their teams to enhance the finance capabilities required to produce financial information (financial statements) that they can use it to analyse and assimilate information for their CEOs - has led the South African National Roads Agency SOC Limited (Sanral) CFO, Inge Mulder, to take the bold step to professionalise her finance team with the help of South Africa's leading accountancy body. 12 Jun 2020 Read more

Former bursary students hits a six and lands top job at WPCAFor 18 years now, the Thuthuka Bursary has been empowering South Africa's youth from previously disadvantaged communities with educational support to pursue the accountancy profession as a career. One of the beneficiaries, Tennyson Botes (31), is an excellent example of how effective the initiative has been since its establishment. Botes, who was recently appointed interim CEO of the Western Province Cricket Association (WPCA), shares his journey toward attaining South Africa's premier business designation, Chartered Accountant South Africa [CA(SA)]. 12 Jun 2020 Read more

Ubuntu must shine in the crisis of Covid-19Trudie Matthysen is a financial controller at Sandton Sun, a Tsogo Sun flagship property, and a diamond member of the South African Institute of Chartered Accountants' (SAICA's) Accounting Technicians South Africa designation or AT(SA). Her career has not only been one of self-growth but also of giving back. Here, she talks us through her journey to reaching AT(SA) diamond membership and the importance of working towards sustained, inclusive economic growth and decent work for all, especially in these unprecedented times... 10 Jun 2020 Read more

Supporting small business at Saica Enterprise Development amid the coronavirus spreadWith markets in current turmoil amid the coronavirus spread, this is the time for small businesses to relook at their current business processes and understand how their business can respond in these chaotic times. 8 Jun 2020 Read more

Using and developing your employees effectively during Covid-19Since the lockdown was announced almost two months ago in South Africa, there are a lot of businesses who have been unable to operate. The primary focus of these businesses has been on how they can access funding in order to pay their employees and remain afloat, and how they can adapt their business strategy to enable them to operate and generate revenue by producing essential supplies. 8 Jun 2020 Read more

Celebrating transformation this Youth MonthAs we celebrate Youth Month, our thoughts turn to education and the efforts that have been made to make education in this country more relevant, equitable and inclusive for all our youth. Indeed, as a profession, we too have much to celebrate in this regard especially when it comes to the advancement of our transformation efforts, writes Robert Zwane, Saica's senior executive: national imperatives. 1 Jun 2020 Read more

How getting creative can help you in a crisis"Collaboration, community and creativity are our best hopes for the future." This is according to fine artist Duncan Stewart, who spoke about developing and enhancing your inherent creativity as a tool to future-proof yourself at Saica's Leadership in a time of crisis webinar series. 27 May 2020 Read more

Ethics in a time of crisisAs part of Saica's Leadership in a Time of Crisis webinar series, Professor Deon Rossouw, CEO of The Ethics Institute, spoke about the importance of sticking to your values during a crisis. 26 May 2020 Read more

Impact of the withdrawal of the CIPC non-binding opinion on sections 90 and 92 of the Companies ActIn October 2019, the Companies and Intellectual Property Commission (CIPC) issued a notice of the withdrawal of the non-binding opinion ("this" or "the" "opinion") pertaining to Regulation 28(2)(a) of the Companies Regulations, 2011 (the Companies Regulations) to the Companies Act, 2008 (the Companies Act). This opinion applied to legal practitioners who are registered as companies in terms of the Companies Act. This opinion considered whether the holding of assets in the legal practitioners' trust accounts is regarded as part of the ordinary course of the legal practitioner's primary business. This article serves as a reminder of the requirements contained in section 90 of the Companies Act that auditors should be cognisant of in accepting the appointment as an auditor of the business accounts of a legal practitioner. 26 May 2020 Read more

Audit requirements relating to the business accounts of legal practitioners now clarifiedIn October 2019, the Companies and Intellectual Property Commission (CIPC) issued a notice of the withdrawal of the non-binding opinion ("this" or "the" "opinion") pertaining to Regulation 28(2)(a) of the Companies Regulations, 2011 (the Companies Regulations) to the Companies Act, 2008 (the Companies Act). This opinion applied to legal practitioners who are registered as companies in terms of the Companies Act. This opinion considered whether the holding of assets in the legal practitioners' trust accounts is regarded as part of the ordinary course of the legal practitioner's primary business. As a result of the withdrawal of the opinion, the business accounts of legal practitioners who are subject to the Companies Act, i.e. are registered companies, and who hold assets in trust in excess of R5m at any time during the financial year, are now required to be audited. 26 May 2020 Read more

The future of workAs part of SAICA's Leadership in a Time of Crisis webinar series, Willem van der Post, CA(SA) and CEO of xTech.Capital shared some thoughts on what the workplace of the future will look like, especially in a post-coronavirus world. 21 May 2020 Read more

Investing during Covid-19At Saica's Leadership in a time of crisis webinar series, Investec's Chief Investment Strategist, Chris Holdsworth, shared insight on how the pandemic is shaping investment strategies. 18 May 2020 Read more

The acceptable theftAlbert Einstein famously said: "The world will not be destroyed by those who do evil, but by those who watch them without doing anything." 8 May 2020 Read more

William Ngobeni's inspirational 15-year journey to qualified CA(SA) successWilliam Ngobeni has followed an exceptionally long and windy path before finally qualifying as a chartered accountant [CA(SA)] in February this year, having passed the qualifying exams after over a decade of stops and starts. 7 May 2020 Read more

What good leaders do in a time of crisisAs part of Saica's Leadership in a time of crisis webinar series, CA(SA) and CFO of Discovery Health, Brett Tromp, shared his thoughts on what good leaders can do in a time of crisis. 6 May 2020 Read more

Achieving mental wellbeing during Covid-19As part of Saica's Leadership in a time of crisis webinar series, clinical psychologist Navlika Ratangee spoke about how to achieve mental wellbeing during the Covid-19 crisis. 4 May 2020 Read more

Getting through and beyond the Covid-19 crisisFor the last few years, a growing number of executives, managers, employees and even the self-employed have been on the receiving end of low or zero economic growth, continuous downsizing, retrenchments and budget cuts. Add to that rampant corruption and state capture, and it's easy to understand why, across the board, we're seeing an increase in mental issues in the workplace, such as depression, anxiety and burnout. Employees and their leaders are overwhelmed. And then... Covid-19 struck. The coronavirus and the fallout couldn't have come at a worse time. 4 May 2020 Read more

The economic impact of Covid-19Saica hosted a webinar on 6 April 2020 where chief economist for Investec Bank Limited South Africa, Annabel Bishop, spoke about the effects of sub-investment grade status and the coronavirus on our country's already struggling economy.  4 May 2020 Read more

The art of working remotelyOrganisation Development Consultant Paolo Giuricich shared top tips on working and managing remotely at SAICA's Leadership in a time of crisis webinar series. 4 May 2020 Read more

Shaah Bootha - Age does not determine excellenceYour age on the day when you can first write the qualification CA(SA) behind your name is of less importance than your reasons for becoming a chartered accountant. Journeys differ considerably. The drive and enthusiasm of people at both ends of the spectrum - people who qualify at a very young age and those who do so when they are more mature in years - are inspirational in different ways. Shaah Bootha, the youngest to qualify as CA(SA) at the age of 23, shares his journey and insights about the profession. 30 Apr 2020 Read more

Vusi Nkabini, the oldest CA(SA) to ever qualifyYour age on the day when you can first write the qualification CA(SA) behind your name is of less importance than your reasons for becoming a chartered accountant. Journeys differ considerably. The drive and enthusiasm of people at both ends of the spectrum - people who qualify at a very young age and those who do so when they are more mature in years - are inspirational in different ways. Vusi Nkabini, the oldest to qualify as CA(SA) at the age of 52, shares his journey and insights about the profession. 30 Apr 2020 Read more

Turning crisis into opportunityDuring the lockdown, you may not be able to work in your business, but investor and entrepreneur York Zucchi shares expert tips on how you can work on your business. 29 Apr 2020 Read more

Fasset hands repeat candidates an invaluable opportunityLast month, the South African Institute of Chartered Accountants (Saica) announced the results from the January sitting of the Initial Test of Competence (ITC). Candidates who were unsuccessful in January have another opportunity in June 2020 to test the application of their technical competence. To help these candidates prepare for the June sitting, Saica has secured funding from the Financial and Accounting Services Sector Education and Training Authority (Fasset) to run its Thuthuka ITC Repeat Programme - a unique support programme in support of previously disadvantaged candidates. 16 Apr 2020 Read more

Institute offers additional support to candidates as it accredits a new programme providerBefore, aspiring chartered accountants [CAs(SA)] only had two options when it came to completing the compulsory Professional Programme requirement of their qualification journey. Now they have a third option. The South African Institute of Chartered Accountants (Saica) has fully accredited Endunamoo's Assessment of Professional Competence (APC) Professional Programme. 15 Apr 2020 Read more

Lessons from a young board memberCami Mbulawa CA(SA), executive at RisCura and a SAICA Members in Business committee member, has a passion for serving as a non-executive board member. Usually the youngest person at the table, Cami shares her lessons in becoming a board member and making a lasting impact. 31 Mar 2020 Read more

SAICA congratulates successful January ITC candidatesInstitute encourages perseverance for unsuccessful candidates and reminds of second opportunity 30 Mar 2020 Read more

Empowering individuals to become financially independent ignites hope for SAIgniting hope for a better future - at the heart of The Hope Factory is the impactful change created through entrepreneurial skills development of South African individuals. Discover how The Hope Factory is empowering individuals to become financially independent through the story of beneficiary Unathi Kolanisi. 18 Mar 2020 Read more

How a CA(SA) and Honorary Ranger is doggedly working to prevent poachingCA(SA) Leonie Meyer is a reporting strategist at GreymatterFinch, as well as an active member of the SANParks Honorary Rangers (SHR), where she assists in SANPARKS conservation objectives as the K9 national project treasurer, where she oversees all anti-poaching canine activities from a management level. The role suits this animal-loving books-balancer to a T, but how exactly does one end up in a career that also stokes your passion of protecting the natural environment? Leonie explains... 17 Mar 2020 Read more

Profession urges South Africans to join the challenge and reduce their carbon footprintAs the world's 14th largest emitter of greenhouse gases, South Africa's carbon footprint is through the roof. While it is true that these emissions are principally due to our heavy reliance on coal (particularly when it comes to our electricity grid), the World Wildlife Fund estimates that our footprint is about 2.8 hectares per person. This is concerning when you consider that the planet can only support an average of 1.8 hectares per person. With this in mind, the South African Institute of Chartered Accountants' (Saica) Central Region Office has challenged Saica members and associates across the country to join the call to reduce climate action by taking part in the #spekboomchallenge. 3 Mar 2020 Read more

The relationship between audit quality and audit feesDue to recent high-profile corporate failures in South Africa, questions are being asked about the relationship between auditor independence, the amount of fees and audit quality. There is a perception in various circles that lower audit fees equate to lower audit quality, writes Thandokuhle Myoli, Saica project director: assurance. 18 Feb 2020 Read more

From Cape Flats childhood to a well-chartered life of uplifting youth through sportsNathaniel Japhta grew up in the Cape Flats, a life many chartered accountants [CAs(SA)] just can't imagine. He has first-hand experience with prevalent gang culture and witnessing drug abuse, explaining: "I saw friends and family with more talent than I had go to prison for life, or face no option but a life of drug dealing. I was held at gunpoint for my watch on my way to write my matric final exams. It's just one of the many experiences I had to endure and push through." Here's what inspired him to push through and help the next generation get on the safe track to a brighter future. 18 Feb 2020 Read more

SAICA congratulates successful Assessment of Professional Competence candidatesToday, the South African Institute of Chartered Accountants (SAICA) announced that 2 024 of the 3 560 candidates who wrote the Assessment of Professional Competence (APC) evaluation in November 2019, successfully met the assessment's requirements. 14 Feb 2020 Read more

Uniting the finance and business community to achieve the UN's Sustainable Development Goals by 2030SAICA, in collaboration with One Young World (OYW) and Chartered Accountants Worldwide (CAW), launched Finance and Business (FinBiz) 2030 in Johannesburg, South Africa on 6 February 2020 at Investec. FinBiz2030 is an initiative to unite and mobilise the finance and business community to achieve the United Nations' Sustainable Development Goals (SDGs) by 2030. Finance professionals from various sectors came together as a force for change and to make a commitment to tackle some of South Africa's most pressing issues. 14 Feb 2020 Read more

Transparency reporting - a significant step toward regaining trust in the auditing professionThe South African Institute of Chartered Accountants (Saica) is pleased to note that audit firms are heeding the call to prepare transparency reports. KPMG South Africa recently issued its transparency report, Driving audit quality in South Africa, following on from transparency and similar reports issued by the other large audit firms in South Africa in 2019. 13 Feb 2020 Read more

Breaking borders: South African CAs and US CPAs to benefit from MRAThe South African Institute of Chartered Accountants (SAICA), the American Institute of CPAs (AICPA) and the National Association of State Boards of Accountancy (NASBA) have signed a mutual recognition agreement (MRA) that came into effect on 15 January 2020. The agreement provides a pathway for South African Chartered Accountants (CAs [SA]) and US Certified Public Accountants (CPA) to have their credentials recognised in both countries. 11 Feb 2020 Read more

How can businesses leverage off technology to save on costs and create business efficiencies?The current economic outlook in South Africa is generally not looking good, jobs are scarce and growth is uncertain. We are however in an age where technology is rapidly developing. So how can businesses leverage off technology to save on costs and create business efficiencies? Jameel Khan, SAICA Project Manager Practice, takes a look. 10 Feb 2020 Read more

A living example of the new breed of CAs(SA)Move over, number crunchers. Tomorrow's chartered accountants (CAs[SA]) are more concerned with adding value than balancing the books, says Tramayne Monaghan. And he should know - as Chief Innovation Officer of Tencent, he's a living example of this new breed. 27 Jan 2020 Read more

Wind energy company powering skills development workSouth Africa is thankfully moving towards cleaner energy with Cabinet's latest approved 2019 Integrated Resource Plan (IRP). This IRP outlines wind power contribution to the future energy mix of 18%. South Africa has therefore seen the swift appearance of larger and smaller wind and solar farms during the past few years, and this also triggers discussions about how the growing renewable energy programme contributes to sustainability and the development of new skills for the country. 20 Jan 2020 Read more

Forget accounting - the challenge with the 2019 grade 12 passes is far more concerning, says accountancy bodyWhile matrics around the country celebrate their success following the Department of Basic Education's release of the 2019 NSC and IEB matric results, the South African Institute of Chartered Accountants (SAICA) is concerned about the long-term repercussions of ongoing trends for the future of our economy. 20 Jan 2020 Read more

Three ways to create an enabling state that will minimise unemploymentRecently, Stephen Koseff, former CEO of Investec Group, tackled the tricky conversation around the national unemployment problem, currently sitting at a staggering 29%, in relation to the UN's Sustainable Development Goals (SDGs) at the 2019 Nation Building Summit held by the South African Institute of Chartered Accountants (SAICA) in conjunction with Leaderex. As a solution, he offered the need to shift from developmental state to enabling state, with a particular focus on upskilling in the tourism and agriculture industries as potential solutions and explains how civil society can get involved... 8 Jan 2020 Read more

Adding 'girl power' to academic inspiration with SA's Queen of MathematicsMathematically gifted, Danielle Kleyn's future is burning bright. She's looking forward to her 2020 Matric year, having just completed her Grade 11 studies at Parel Vallei High School in Somerset West. But her enthusiasm for the year ahead comes as no surprise: her passion and talent for maths has already seen her crowned as 'Queen of Mathematics' twice at the Pan African Mathematics Olympiad (PAMO) and first in her grade for the olympiad for the past four years. Here, Kleyn shares some actionable advice that parents and learners can use to foster their love and talent for maths... 13 Dec 2019 Read more

The role of language in improving financial literacy and building better schoolsChartered Accountant, Sizwe Nxasana, founder of Future Nation Schools and co-founder of the National Education Collaboration Trust or NECT, reveals his thoughts on how to build better schools by improving both the teaching and learning environment. 5 Nov 2019 Read more

A call for all to support small businessesAnnie McWalter, CEO of SAICA enterprise development, recently shared a TEX Talk-style presentation on the macro-environment of entrepreneurship in South Africa, addressing our performance by positing potential solutions for developing entrepreneurs with a 'partner with us' call to action against the background and specific objectives of SAICA's Nation Building initiatives of The Hope Factory, as well as SAICA's Enterprise Development. 5 Nov 2019 Read more

Why every business should say 'yes' to tackling the youth employability challengeRecently, Tashmia Ismail, CEO of the Youth Employment Service or YES, shared a positive perspective at the 2019 Nation-Building Summit held by the South African Institute of Chartered Accountants (SAICA) in conjunction with Leaderex, against a backdrop of offering real-time solutions to youth unemployment. She stated that there is a way to climb out of this growth trap - provided everyone in the room says 'yes to YES' and shift the economy from pear-shaped to peachy... 4 Nov 2019 Read more

Thuthuka and KZN Provincial Treasury: A study in successAn exciting partnership between the South African Institute of Chartered Accountants (SAICA) and the KwaZulu-Natal Provincial Treasury has had far-reaching results, entrenching a culture of accountability in the department while creating opportunities for the province's youth. 4 Nov 2019 Read more

SMME owner building her business step by stepIn 2018, owner Kholofelo Nengwenda entered a competition, and the prize for second place was securing a seat in the SAICA Enterprise Development programme, which she was thrilled with. This was a chance for her to increase her business knowledge, especially her financial acumen, and garner all the practical tools to make her business a success. 4 Nov 2019 Read more

UJ student's farming project clinches top spot at 2019 Student Leadership SummitThe UN Sustainable Development Goals (SDGs) are a framework for the changes the world needs to make to solve poverty, world hunger, poor health, the lack of quality education, climate change, gender inequality, environmental issues, and more. That's why this year's South African Institute of Chartered Accountants' (SAICA's) annual Student Leadership Summit (SLS) challenged BCom CA-stream accounting students from around the country to think bigger. To enter, students had to come up with community-based solutions for one or more of the goals. Earlier this month, University of Johannesburg's (UJ's) Bonginkosi Kalipa's Team3 Farm project won top honours. 24 Oct 2019 Read more

Tidying up their act for International Coastal Clean-UpFact: there are more than 51 trillion pieces of microplastic in our oceans - that's more than 500 times more than the number of stars in our galaxy. With around 8 million tonnes ending up in our oceans every year, three Port Shepstone accounting firms banded together on International Coastal Clean-Up Day (21 September) to demonstrate their commitment to the United Nation's 14th Sustainable Development Goal (SDG) by cleaning up and removing plastic litter from their local beachfronts. 22 Oct 2019 Read more

Building up SA's historically disadvantaged universities into strongholds of empowermentMore than two million people in Limpopo live below the breadline. So it is no wonder that there was great joy in the province on Friday, 18 October 2019, as students, academics, members of the chartered accountancy profession, government officials and VIP guests gathered in the University of Venda's (UNIVEN) auditorium to celebrate the accreditation of the University's BCom (Accounting Sciences) undergraduate degree by the South African Institute of Chartered Accountants (SAICA). 22 Oct 2019 Read more

The Enhanced Auditor's Report - Post implementation review in South AfricaThe new and revised auditor reporting standards became effective for audits of financial statements for periods ending on or after 15 December 2016. With more than two years of post-implementation experience, this SAICA article provides an overview and analysis of the revised format of the auditor's reports of certain entities listed on the Johannesburg Stock Exchange JSE. 11 Oct 2019 Read more

To Russia, with loveIt's a long way from Acornhoek in Bushbuckridge to Tambov in Russia - but that's where Akani Sikwile and Emmanuel Mashaba, both former participants in Thuthuka's Mpumalanga Development Camp, find themselves studying medicine. 7 Oct 2019 Read more

Supporting inspirational entrepreneurs with disabilityThe Hope Factory and SAICA Enterprise Development have again partnered with Transnet Pipelines SOC to provide SMME development support for small Black Businesses owned and run by people with disabilities. The 10 SMMEs, from a range of different industries, have been selected from Johannesburg and KwaZulu Natal. 27 Sep 2019 Read more

IFAC Global SMP survey resultsIn 2018, the International Federation of Accountants (IFAC) again performed its Global Small and Medium Practices (SMP) Survey asking practitioners from small and medium practices across the globe to provide feedback. The survey was designed to be completed by senior SMP professionals, whose clients are predominantly small and medium entities (SMEs). The survey results are aimed to provide a snapshot of key issues, and tracks important trends and developments facing SMPs. This provides a better understanding of the specific challenges and opportunities SMPs and SMEs face globally. 25 Sep 2019 Read more

Top mathematics boffins honouredAaron Naidu (Eden College) and Emmanuel Rassou (South African College High School) were honoured for their performance in the South African Mathematics Olympiad (SAMO). The two learners beat more than 91,000 learners nationwide to be crowned as the overall winners of the South African Mathematics Olympiad (SAMO). 23 Sep 2019 Read more

NGOs prove their use when multiplier effects come into playThe proverb goes: "Give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime." This saying has been attributed to the Chinese, the Italians, Native Americans and others. But whoever said it first, matters less than its implication: helping others to help themselves is at the heart of sustainability and also of many successful NGOs who succeed in reaching their objectives. 17 Sep 2019 Read more

Students called to rally behind the global goalsEntries for the 2019 Student Leadership Summit (SLS) are now open. This year, instead of being a thought leadership essay writing competition as it has in the past 10 year, students are being challenged to put together a Sustainable Development Goal (or SDG) focused business case that illustrates how they would empower and improve the country through a community-based project that works towards solving one or more of the UN's SDGs. 29 Aug 2019 Read more

Energy planning can support the success of young businessesEnergy management is vital, even at times when there is no national energy supply crisis - and the small business sector is not helpless in terms of effecting changes that benefit themselves as well as their customers and clients says Annie McWalter, CEO of SAICA Enterprise Development. 19 Aug 2019 Read more

Standards and tenacity - key towards developing pride in accounting departmentsTraining is often seen as a 'nice to have' rather than a pressing need. Some think of training programmes as expensive, hard to plan and difficult to execute efficiently on a long-term basis. However, its importance is undeniable, especially in growing economies with large backlogs of highly skilled people. 19 Aug 2019 Read more

Broadening the horizons of Mpumalanga's matricsChartered accountant (CA[SA]), Peace Mabaso is a financial manager at FNB's private bank lending business unit, as well as executive member of the Ekulindeni Reunion Foundation (ERF). He's a shining example of a CA(SA) flourishing in the office while also helping others step onto the road to success. But Peace wouldn't be where he is today without several boosts from SAICA's Thuthuka programmes - the first of these when he was still at school. 16 Aug 2019 Read more

From fitness to finance - Building a smarter, stronger South AfricaAs a recently qualified chartered accountant [CA(SA)] Fulufhelo Siphuma's career has moved swiftly. But it's not a case of "all work, no play", this fitness coach also finds the time to put her sustainable development goal (SDG) passions to play. This fitness coach also puts the UN's SDGs to work. 13 Aug 2019 Read more

SMME funding - The practical answersThe skills to obtain and manage funding are highly sought after by entrepreneurs and SMMEs. Annie McWalter, CEO of SAICA Enterprise Development, comments on some of the ways in which SAICA has mobilised the chartered accountancy profession to addresses some tough issues hampering sustainable SMME development. 30 Jul 2019 Read more

Lifting as she climbsThere is still much work to be done in South Africa to create an even playing field for women. In her role as president of African Women Chartered Accountants, Zama Khanyile is playing her part. A fund manager at the National Empowerment Fund, she also leads a team that provides access to capital for some of the country's most inspiring black females. 22 Jul 2019 Read more

True upliftment: A full circle storyHere's how the accountancy profession's Thuthuka initiatives, of which sponsorship of the South African Mathematics Olympiad is but one, changed the life of this young South African by unearthing his mathematical gift. 16 Jul 2019 Read more

Funding - a key that opens many doorsIn South Africa there are many initiatives to support entrepreneurial development from different educational, professional and business angles - and almost always one of the most pressing issues experienced by participants is that of financing. Annie McWalter, CEO of SAICA Enterprise Development, addresses this issue. 12 Jul 2019 Read more

'Levelling up' on quality educationBojane Segooa has a lifelong passion for education. Not only is she currently completing her Master's degree in Innovation, while working as a senior lecturer at Unisa's department of financial accounting, she also followed through on her dream of becoming a CA(SA), and has since been nominated by SAICA as one of its Top 35 Chartered Accountants under the age of 35, for her exceptional community development talent. 11 Jul 2019 Read more

Paying it forwardHaving lived through poverty as a child, chartered accountant (CA[SA]) Makoena Mabusela is passionate about helping others break out of the cycle 11 Jul 2019 Read more

Working together to create a skilled and high-functioning workplaceThe newly appointed CEO of Fasset, Ayanda Mafuleka CA(SA) is passionate about using her position to better the lives of South Africans by steering the organisation's strategy towards the UN's Sustainable Development Goals (SDGs) of Quality Education (SDG 4), Decent Work (SDG 8) and Strong Institutions (SDG 16). 5 Jul 2019 Read more

Sean Beautement: reaping the rewards by feeding his SDG passionSean Beautement CA(SA) is on a mission to make the UN's second Sustainable Development Goal (SDG) - that of zero hunger - a global reality by 2030 through his involvement with Rise Against Hunger. 5 Jul 2019 Read more

From trash to cash: CA cleans up with new approach to socially responsible consumerismCan you take socially responsible consumerism and turn it into a business? Naomi Ledoux, a working mom from PE with a CA(SA) background, has by turning trash into handcrafted handbags. 5 Jul 2019 Read more

Saica explains new UIF systemThe new Unemployment Insurance Fund (UIF) new website, with electronic registration, claims and submission of returns on one system, has its fair share of teething problems. 13 Jun 2019 Read more

Municipalities continue to struggle with appointing qualified CFOsThe minister of finance issued the Municipal Regulations on Minimum Competence levels on 15 June 2007 which was later amended to 26 October 2018, in an effort to address the lack of competency levels of officials responsible for financial and supply chain management at municipalities and municipal entities. Currently, there is no minimum competency levels for officials employed at public entities and departments. 6 Jun 2019 Read more

Have your say on draft B-BBEE sector codeThe public can have their say on the draft Broad-Based Black Economic Empowerment (B-BBEE) Chartered Accountancy Sector Code. 15 May 2019 Read more

Building a balanced boardThe King IV report makes this clear: It is crucial for an organisation to get the right mix and balance of people to sit on its board. The report implies there is a positive correlation between the diversity of skills present on the board and its effectiveness. 10 Dec 2018 Read more

CAs behaving badly: The Saica professional conduct code explainedThe accounting profession is under pressure at the moment to improve public perceptions on whether they, and more specifically chartered accountants, are still behaving ethically. 13 Aug 2018 Read more