https://www.bizcommunity.com/196/511.html South Africa Accounting and Auditing news 15 Accounting & Auditing news - South Africa https://www.bizcommunity.com/res/img/logo.gif https://www.bizcommunity.com/196/511.html en-us Sat, 03 Oct 2026 11:08:00 +0200 https://www.bizcommunity.com/article/a-liberating-force-how-ai-will-enable-our-future-profession-070075a Artificial intelligence is not just a set of nifty time-saving tools or even a major technological advance. It is an exponential force that is disrupting our profession at a rapid rate. The finance and accounting profession has already embraced AI for a wide range of operational and strategic purposes, from data entry and bank account reconciliation through to fraud detection, in-depth tax research and advanced financial analysis. 1-272157 Wed, 30 Sep 2026 16:38:00 +0200 Bizcommunity Accounting & Auditing South Africa https://www.bizcommunity.com/article/fetola-finds-profitable-sa-small-businesses-face-growth-hurdle-075835a New research finds most established MSMEs are generating sales and profits, but few have the financial systems needed to demonstrate they are ready to grow. 1-271997 Wed, 23 Sep 2026 15:31:00 +0200 Bizcommunity Accounting & Auditing South Africa https://www.bizcommunity.com/article/wongas-monica-hitge-on-the-importance-of-being-financially-independent-631201a As South Africa reaches the closing stages of Women’s Month 2026, celebrated under the theme “empowered women empower the nation”, financial independence stands out as a key path to women’s empowerment. 1-271201 Thu, 27 Aug 2026 10:55:00 +0200 Bizcommunity Accounting & Auditing South Africa https://www.bizcommunity.com/article/value-creators-how-finance-professionals-can-evolve-into-trusted-strategic-advisers-631641a Over the past few decades, the profession has evolved beyond a pure compliance remit we, finance and accounting professionals, have established ourselves as effective business partners. While we still ensure that our organisations meet their legal obligations, we also help to drive business growth, enhance operational efficiency, fund innovation, manage risk and inform leadership decision-making. Undoubtedly, finance and accounting professionals have played a pivotal role in our organisations’ success to date. 1-271141 Tue, 25 Aug 2026 15:30:00 +0200 Bizcommunity Accounting & Auditing South Africa https://www.bizcommunity.com/article/when-sars-can-and-cannot-reopen-prescribed-tax-assessments-308698a Few things unsettle taxpayers quite like the fear that the South African Revenue Service (Sars) could, years down the line, reopen a tax assessment they thought was long settled. This anxiety is not unfounded because Sars does have the power to revisit old assessments in certain circumstances, but it is also not unlimited. A recent High Court judgment added to the jurisprudence on this issue. 1-271063 Mon, 24 Aug 2026 09:54:00 +0200 Bizcommunity Accounting & Auditing South Africa https://www.bizcommunity.com/article/sas-health-lab-service-bolsters-board-with-new-voices-634451a The National Health Laboratory Service (NHLS) has announced the appointment of new independent expert members to its Board’s Audit and Risk Committee (ARC) and Information Technology Governance Committee (ITGC), strengthening institutional governance, accountability, and digital innovation. 1-270971 Thu, 20 Aug 2026 07:56:00 +0200 Bizcommunity Accounting & Auditing South Africa https://www.bizcommunity.com/article/the-future-of-our-profession-will-be-defined-by-human-leadership-078805a As a society, we are rightly asking some important questions about the future of our world. Some of the most important questions relate to artificial intelligence (AI) and how it could impact our lives and livelihoods, as well as whom and what we trust. Other important questions are being posed by the changing geopolitical order and significant social trends including ageing populations and declining birthrates. There are also the critical issues of whether we are making sufficient progress in the existential fights against climate change and biodiversity loss. 1-270917 Tue, 18 Aug 2026 14:11:00 +0200 Bizcommunity Accounting & Auditing South Africa https://www.bizcommunity.com/article/inside-the-precca-amendment-bill-part-2-the-ai-impact-189196a No discussion of corruption compliance in 2026 is complete without addressing artificial intelligence. 1-270148 Fri, 24 Jul 2026 08:03:00 +0200 Bizcommunity Accounting & Auditing South Africa https://www.bizcommunity.com/article/inside-the-precca-amendment-bill-part-1-harsher-sentences-lower-thresholds-301358a South Africa has been fighting corruption with legislation that, frankly, lacked teeth. The Prevention and Combating of Corrupt Activities Act 12 of 2004 (Precca) has long been the cornerstone of the country's anti-corruption framework — criminalising bribery, fraud and a broad range of corrupt conduct in both the public and private sectors. 1-270133 Thu, 23 Jul 2026 10:40:00 +0200 Bizcommunity Accounting & Auditing South Africa https://www.bizcommunity.com/article/cima-appoints-new-african-representatives-to-its-global-governing-body-and-regional-advisory-group-408549a The Chartered Institute of Management Accountants (CIMA), the world’s largest professional body for management accountants, has announced the appointment of Deophine Luswili, FCMA, CGMA, chief executive – LMD management, Zambia, to CIMA’s governing Council. Ten advisory representatives have also been appointed to its Africa Regional Engagement Group (REG). 1-269715 Wed, 08 Jul 2026 13:17:00 +0200 Bizcommunity Accounting & Auditing South Africa