A revised formula for the calculation of headline earnings was released in Johannesburg. One of the main uses of headline earnings in South Africa is in the calculation of a consistent price-earnings ratio (P/E).
The International Financial Reporting Interpretations Committee (IFRIC) has issued an interpretation on customer loyalty programmes.
The interpretation is likely to have significant implications for the burgeoning customer loyalty industry.
For the first time ever, the South African Academy for Science and Arts has awarded the Stals Prize for Economic and Management Sciences to a Chartered Accountant [CA (SA)].
Professor Dave Lubbe of the Centre for Accounting at the University of the Free State, is no stranger to firsts.
Small and Medium-sized Enterprises (SMEs) have not been overlooked in the International Financial Reporting Standards (IFRS) rollout.
Indeed, said Paul Pacter, International Accounting Standards Board (IASB) director of standards for SMEs, during his visit to South Africa in June 2007.
With less than 20 working days remaining until the South African Revenue Services (SARS) shuts its doors on small business tax amnesty applications, the South African Institute of Chartered Accountants (SAICA) today called on tax practitioners and small businesses to seize the tax amnesty opportunity and legalise their tax affairs.
The Association of Accounting Technicians (AAT) and the South African Institute of Chartered Accountants (SAICA) today announced the launch of the new AAT Local Government Accounting Certificate for finance staff working in municipalities.
South Africa's decision to be one of the world's first nations to adopt International Financial Reporting Standards (IFRS) is being increasingly vindicated.
The eagerly and long-awaited accounting standard designed to provide a simplified, self-contained set of accounting principles appropriate for smaller, non-listed companies is a step closer to reality.
Following years of deliberation and consultation, the International Standards Board (IASB) has published an exposure draft outlining an International Financial Reporting Standard (IFRS) for SMEs.
As our nation's ability to combat its severe skills shortage deteriorates, the cries for immediate solutions reach a crescendo.
It goes without saying that little can be accomplished by way of quick fixes.