Johannesburg 12 September 2017 - The new lease accounting standard, International Financial Reporting Standards 16 - leases (IFRS 16 – Leases) published by the International Accounting Standards Board (IASB) introduces a single lease accounting model which requires lessees (tenants) to recognise lease assets and lease liabilities. IFRS 16 aims to enhance the financial reporting of leases in the financial statements. The new lease accounting model will significantly impact a number of companies including those operating in the airline, retail, transport and telecommunications sectors.
Johannesburg, Monday 27 November 2017 - Young South Africans’ appetite for entrepreneurship is alive and well, if they are given the opportunity to turn passion into action, says the South African Institute of Chartered Accountants (SAICA). This after 900 learners participated in the 2017 SAICA & Coronation Business Development Games, held across all nine provinces over the past few months.
Johannesburg, 24 November 2017 – The Independent Inquiry, initiated by SAICA on 2 November 2017 is calling for submissions by interested parties to make representations to the Ntsebeza Inquiry on the conduct of any member/s of SAICA employed by KPMG South Africa with regard to work conducted by the firm related to possible contraventions of the SAICA Code of Professional Conduct.