As the United Nations Climate Change Conference continues in Copenhagen, accounting bodies around the world agree that a single set of global reporting standards on climate change is needed.
Research released this week again reveals that the Chartered Accountant designation in South Africa [CA(SA)] is one of the most sought-after business designations – by a considerable margin. The South African Institute of Chartered Accountants (SAICA) commissioned an independent research exercise to analyze the appointments pages carried in South Africa’s most widely-read specialist business media with a view to establishing what percentage of the job advertisements were for CAs(SA).
First year BCom accounting students reveal how and why they choose to study towards becoming chartered accountants
Do not assume that the past will continue into the future, advises Gary Palser, Old Mutual’s chief actuary.
Palser one of several speakers at a recent seminar, hosted by the South African Institute of Chartered Accountants (SAICA), addressed the topic: Lessons from Life Insurers who have got into difficulty.
The exemption window period previously extended to taxpayers owning their residence in a company, close corporation or a trust has been extended – again.
“However,” cautions Muneer Hassan, project director: tax at the South African Institute of Chartered Accountants (SAICA), “further extensions are highly unlikely to eventuate.”
Many employers are unaware of the amendments in The Taxation Laws Amendment Act, 2009, that simplifies learnership allowances which is deductible from income.
“These allowances qualify for an additional deduction for employers over and above their normal remuneration costs,” says Muneer Hassan, project director: tax at the South African Institute of Chartered Accountants (SAICA).
The new non-compliance penalties have set off a host of panic buttons. Yet compliant taxpayers have no cause for concern, is the reassurance from Muneer Hassan, project director: tax at the South African Institute of Chartered Accountants (SAICA).
Not only are companies and organisations integral to our society, but they have become the entity for human and monetary capital, and are greater agents for change than governments. This was the message from Professor Mervyn King who spoke to delegates at the South African Institute of Chartered Accountants’ (SAICA) master class on King III, Sustainability and Director’s Duties held in Johannesburg earlier today.
It was disheartening to learn of the inadequate funding for the TBF students who will be starting their CTA in 2010.
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