Should our confidence in financial reporting be shaken?
Should our confidence in financial reporting be shaken?
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In recent SAICA roadshows I reminded our chartered accountant CAs(SA) members that “the accountancy profession exists to support and sustain financial markets, economies and for the majority of the active members of society, their very livelihood”.
Company profits to be impacted as impairment losses are expected to rise
Company profits to be impacted as impairment losses are expected to rise
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Johannesburg, 07 December 2017 - The new financial instruments standard (IFRS 9 – Financial Instruments) is coming into effect from 1 January 2018, which means companies will be required to consider whether their profits are likely to be significantly impacted by this new standard.
Celebrating the entrepreneurial talent of SA’s youth
Celebrating the entrepreneurial talent of SA’s youth
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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.
Call for submissions: Inquiry into the conduct of certain SAICA members employed by KPMG South Africa
Call for submissions: Inquiry into the conduct of certain SAICA members employed by KPMG South Africa
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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.
The institute of chartered accountants of BANGLADESH Joins Chartered Accountants Worldwide and strengthens international presence
The institute of chartered accountants of BANGLADESH Joins Chartered Accountants Worldwide and strengthens international presence
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The South African Institute of Chartered Accountants (SAICA) welcomes the Institute of Chartered Accountants of Bangladesh (ICAB) as an associate member of Chartered Accountants Worldwide (CAW).
Financial Stability Board Task Force on climate-related financial disclosures: Accounting bodies’ statement of support
Financial Stability Board Task Force on climate-related financial disclosures: Accounting bodies’ statement of support
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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.
Gr 11 and 12 learners shine in National Accounting Olympiad
Gr 11 and 12 learners shine in National Accounting Olympiad
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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.
New revenue requirements may require additional investment to ensure compliance
New revenue requirements may require additional investment to ensure compliance
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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.
Announcement: Ntsebeza Inquiry into certain SAICA members employed by KPMG South Africa
Announcement: Ntsebeza Inquiry into certain SAICA members employed by KPMG South Africa
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The Independent Inquiry has been convened by the South African Institute for Chartered Accountants (SAICA) after receipt of allegations that some of its members employed by KPMG have allegedly engaged in conduct which is in contravention of the SAICA Code of Professional Conduct.
The institute of chartered accountants of BANGLADESH Joins Chartered Accountants Worldwide and strengthens international presence
The institute of chartered accountants of BANGLADESH Joins Chartered Accountants Worldwide and strengthens international presence
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The South African Institute of Chartered Accountants (SAICA) welcomes the Institute of Chartered Accountants of Bangladesh (ICAB) as an associate member of Chartered Accountants Worldwide (CAW).