Corporate preparers, banks and financial institutions, along with investors, will welcome a new accounting standard simplifying the reporting of financial instruments.
The Hope Factory to eventually enrich 800 000 lives
Established in 1988, it provides cost and time-saving solutions to businesses in the power generation and petrochemical industries requiring rope access aided inspection and maintenance work to be done in difficult to reach, high-up locations.
United States’ link-up generates new dimension
Ernest & Young and Hester Hickey (chair of weCare) hosted a Birthday Buddies event for orphaned and vulnerable children at the Noah's Ark Home in Yeoville.
CA Charter insists chartered accountants have a duty to support broad based empowerment
South Africa's prospective chartered accountants [CAs(SA)] are to be groomed to make an even more positive contribution to the profession and society.
A recent study into the supply chain and logistics practises of a number of industries in South Africa has revealed that more than 40% of the companies surveyed nationally are not implementing environmentally sustainable business strategies - thereby jeopardising their own long-term sustainability.
ECSAFA conference addresses Africa’s economic prosperity
Delegates to the Eastern Central and Southern African Federation of Accountants’ (ECSAFA) 20th Anniversary Conference, which took place at Johannesburg’s Sandton Convention Centre, from September 21 to 23 and driven by the South African Institute of Chartered Accountants (SAICA), were regaled with a wide variety of accounting-related topics by leading experts in their respective fields.
While South Africa’s Constitution confers upon taxpayers a right to privacy, the Commissioner for SARS does have the power to call for information from taxpayers and to conduct audits on taxpayers’ affairs.
“If the Commissioner’s powers violate the taxpayer’s right to privacy, it is necessary to ascertain whether that infringement is reasonable and justifiable in an open and democratic society,” Beric Croome, tax executive at Edward Nathan Sonnenbergs, told delegates to a tax conference sponsored by the South African Institute of Chartered Accountants (SAICA) in Johannesburg yesterday (Monday).