In a survey of more than 250 experts and leaders at financial institutions throughout the world’s major financial centersit was found that regulatory divergence costs...

Section 8E of the Income Tax Act, 1962 (the Act) applies to inter alia deem a share to be a hybrid equity instrument if certain requirements...

Audit firm Nkonki’s largest office has applied for voluntary liquidation, after the auditor-general’s decision to terminate its contracts with the company scuppered plans by...

A British politician famously tried to distinguish between misleading impressions and lies by saying the former was perhaps being “economical with the truth”. More recently,...

Cryptocurrencies are dominating the media. This one has collapsed, that one is on the rise, and a new one is around the corner. Their...

On 29 March 2018, the Minister of Trade and Industry issued for a 60 days public commentary process the Reviewed Statement 000 and 300...

Software giant SAP and the Department of Water and Sanitation are involved in a “double billing” scandal where hundreds of millions were wasted, according...

In Australia, members of the three major Australian accounting bodies are now required to report a client's non compliance to the Code of Ethics...

The International Ethics Standards Board for Accountants (IESBA) will hold roundtables in Washington (June 11th), Paris (June 15th) and Tokyo (July 12th) to obtain...

The Taxpayer, Lion Match Company Proprietary Limited, disposed of its shareholding in Kimberly Clark Group during 2008 and ascribed the market value to the...