Understanding the 5-Step Model for Revenue Recognition under IFRS 15
Revenue recognition can often feel complicated, but understanding IFRS 15 is essential for getting it right. This guide breaks down the 5-step model in simple terms, using practical examples to help you support your clients with clarity and confidence. From retail sales to telecom contracts, discover how to ensure accurate, transparent financial reporting.
Accounting for Healthcare Professionals: What Every Accountant Should Know
Ever thought of specialising in one of the most regulated and rewarding industries? The medical industry comes with unique financial challenges for medical practitioners and accountants alike. In this article we look at the intricacies and considerations when accounting in line with HPCSA regulations, managing taxation pitfalls and safeguarding sensitive patient data. Read on to learn how you can help medical practitioners thrive, stay compliant, and why your role is pivotal in protecting their reputation and practice.
South Africa is on the greylist - What are the consequences?
The South African Government has been greylisted by the anti-money laundering watchdog FATF despite their legislative attempts to avoid it. What does this mean for the country and accountants?