Employers and employees need to take note that employers are now required to reconcile their 'Pay As You Earn' (PAYE) payments to the South African Revenue Services (SARS) upfront following Finance Minister Trevor Manuel's official launch of the SARS 2008 Filing season on 15 May 2008.
In an exciting initiative designed to help alleviate South Africa's acute skills shortage, British-based South African chartered accountants have created a fund designed to help grow the number of black CAs(SA).
Funds raised by the UK Thuthuka Education Upliftment Fund will be channelled into the Johannesburg-based Thuthuka Bursary Fund.
More than 70% of chartered accountants [CAs(SA)] registered with the South African Institute of Chartered Accountants (SAICA) practice in commerce and industry - the largest constituency of SAICA's 27 047 members.
XBRL International's largest ever event will take place in Eindhoven, Netherlands, on May 5 to 8 this year.
XBRL, Extensible Business Reporting Language, is a reporting shorthand designed to develop and publish business information, streamline reporting processes, enhance profitability and increase transparency.
The way in which companies account for benefits they grant to their employees, such as pension funds, has been severely criticised by users and preparers of financial statements.
The revised Corporate Laws Amendment Act (CLAA) will revolutionise the role of the audit committee and that of the auditor, and also introduces other pivotal amendments to the 35-year old Companies Act.
This is a final notice to all who are still interested in qualifying as an Associate General Accountant (AGA). The AGA exam will be offered for the last time in March 2009, after which it will be discontinued and there will be no further opportunities to write this exam.
The South African Institute of Chartered Accountants (SAICA) today reported a 53% overall pass rate in the Financial Management Part II of the Qualifying Examination (QE 2) towards achieving the Chartered Accountant [CA(SA)] designation.
The outcome compares favourably and encouragingly with last year's equivalent 41% pass rate.
A total of six companies listed on the JSE Limited (JSE) were referred to the GAAP Monitoring Panel (GMP) during 2007, said Professor Harvey Wainer, chairman of the GMP, speaking at a media briefing held at the JSE today.
Of the six companies five were required to republish their financial results and one company was required to correct their disclosure in their subsequent annual financial statements.
February 12 this year heralded a new era for the South African Institute of Chartered Accountants (SAICA) in the Eastern Region with the opening of an independent office in Durban.