The Auditor-General’s office says the financial position of 28% of South Africa’s municipalities is so dire that there is “significant doubt” on whether they will be able to continue operating as going concerns in the near future. Read the full article here.
We asked an expert to break down what artificial intelligence means and to talk us through the challenges it creates for CFOs. What do we mean when we speak about artificial intelligence? To understand what AI is, we must understand how technology has developed. Five years ago, a finance department at a large firm typically …
What Artificial Intelligence Means and How CFOs Think About It Read More »
Nicolaas van Wyk It’s a pity that in 1920 when archaeologists discovered 5 000 year old tablets along the Euphrates River in modern day Iraq, they didn’t speak to their accountant. The tablets and the strange symbols engraved on them would bemuse scientists for the next 50 years until an archaeologist eventually determined that they …
Accountants Have Benefited From Automation Since 3 000 BC. Why Should it Stop Now? Read More »
A ground-breaking study into the accountancy profession in Africa reveals 55% of accountants are optimistic about Africa’s economic prospects, but skill shortages, especially in the areas of technology and strategy are a major concern for respondents. PAFA (the Pan African Federation of Accountants), ACCA (the Association of Chartered Certified Accountants), and PwC joined forces to …
African accountancy profession is broadly optimistic about the economic future Read More »
Innovation principles can play a role in an organization’s financial planning and analysis (FP&A) functions. Listen to the podcast here.
The pandemic disrupted business as usual, and for accounting professionals, this has meant heightened concerns about liability insurance. How can you protect yourself in the face of shifting clientele and constantly changing tax laws? Read the full article here.
You can’t predict the future, but increasingly software is helping us forecast with more confidence, according to Robert Cronjé, an analyst at Elenjical Solutions, a fintech capital markets consultancy. 2008. Perhaps the scariest year you can mention to a banker. Not only did the financial crisis give us great movies, but it also initiated a …
Less Risky Business: How Tech is Helping Calculate Capital Market Peril Read More »
In South Africa, NPOs make as many headlines for helping people as they do for being non-compliant or looting lottery money. Quinton Simpson, former head of ACCA and veteran in the NPO sector, shares his plan to create value in the NPO space. Understanding the crisis: Too many NPOs exist for the wrong reasons There …
NPOs Are in Crisis: Here’s How to Make Them Resilient Read More »
The risk of over compliance is causing non-compliance. As accountants, we need to remember that doing too much is just as dangerous as doing too little. It’s an all too familiar story. A small business owner or NPO director reaches out to an accountant to get their books in order. The accountant takes one look …
David Wray is no newcomer to dealing with change. He has been advising top companies across the world for over two decades. We spoke to him about how the climate crisis will necessitate wide ranging organisational changes in the coming years. Your website describes you as a ‘transformation and change management executive’. Would it be …
David Wray on how ESG reporting will soon impact all aspects of business Read More »
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