Johannesburg, 16 November 2017 – The South African Institute of Chartered Accountants (SAICA) has signed a statement of support for the Task Force on Climate-related Financial Disclosures (TCFD) recommendations which will be launched at the Prince of Wales’ Accounting for Sustainability Summit (A4S) hosted in London from 15 – 17 November 2017.
Johannesburg, Monday 13 November 2017 – Achieving an incredible 97%, Zakkiyya Hoosen from Verulam Secondary School (KZN) has been declared the national winner of the 2017 Accounting Olympiad presented by the South African Institute of Chartered Accountants (SAICA) and Sage One. Closely followed by first and second runners up from Limpopo and the Eastern Cape, it is clear that the future of the country’s chartered accountancy profession is in bright, talented young hands.
Johannesburg, 06 November 2017 - From January 2018, the new revenue recognition requirements come into effect. The new revenue financial reporting standard (IFRS 15 – Revenue from Contracts with Customers) establishes a single comprehensive framework for determining when and how much revenue a company should recognise in the financial statements.