Ruwynne Smith’s fantastic journey to business rescue practitioner

Ruwynne Smith is a legend in the Saiba community, not least for the years of toil and excellent service delivered to his clients. Now he has another reason to celebrate: he is one of Saiba’s newly minted Business Rescue Practitioners (BRPs), and he sees this as the door to double the size of his business […]

Accountants and finance professionals see economic improvement in Q2 2021

From ACCA Global: Confidence remains very high, despite a marginal decline from Q1 – but regional variances point to ongoing economic uncertainty. Professional accountants have reported a buoyant return to economic stability in Q2 2021, finds the latest edition of ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute of Management Accountants) Global Economic Confidence Survey (GECS). […]

Inside the mind of a cyber criminal

What do adversaries and threat actors think as they dive deep into your organisation’s defences? Cyber criminals come in many different flavours, but the majority of them are in it for one thing: financial pay-off. They want the money that comes with offering their tools or services, selling stolen data, extortion like ransomware or plain […]

What is a global minimum tax and what will it mean?

From Journal of Accountancy: Finance Ministers from the Group of Seven (G7) rich nations reached a landmark accord on Saturday backing the creation of a global minimum corporate tax rate of at least 15%, an agreement that could then form the basis of a worldwide deal. Such a deal aims to end what U.S. Treasury […]

SA moves to lockdown Level 2 to curb spike in Covid cases

President Cyril Ramaphosa addressed the nation on Sunday 30 May and confirmed that the country return to lockdown level 2 after COVID-19 cases surged over the past few months, propelling several provinces into their third wave of the deadly virus, according to The South African. The latest restrictions will come into affect at midnight tonight. Restrictions on gatherings […]

PwC supports GRI Global Standards Fund

An initiative to safeguard the continued development of the GRI Standards has secured a new supporter. Multinational professional services network PwC has joined the GRI Global Standards Fund. The Fund enables the continued independent and multi-stakeholder development of the world’s most widely used sustainability reporting standards, and their access as a free public good. It also […]

What’s been one of the best changes to enable an accountant to help their clients?

From Accounting Practice Online UK: I often reflect on the changes that I’ve seen as an Accountant in practice over the last 20-30 years and which ones I think have had the most obvious and direct effect on my ability to help my clients. Technological changes have been significant and yes, I can actually remember […]

How to implement the laziness equation

From CPA Trendlines: One of the funniest parts of launching Clarity Practice Management has been watching my business partner, Peter Daniel, learn about the business acumen of CPAs and accountants. Peter and I founded Clarity as a collaboration between a CPA firm client (Peter) and a CPA firm (me.). He knew what he wanted from […]

JSE confirms Trustco’s ‘errors’

From The Namibian: Trustco Group Holdings Limited has been told to correct its financial statements and remove specific ‘errors’ that pushed up profits by a combined N$2,1 billion last year. These alleged errors were called out by analysts and the media last year, but the company then had said its financials were in order and […]

Sars fixes e-filing problems linked to discontinuance of Adobe Flash player

SA Revenue Services (Sars) announced over the weekend that it had fixed the problem reported by numerous tax practitioners related to the discontinuance of Adobe Flash player. Adobe Flash Player is a browser plug-in used extensively in the early days of the internet to provide animations interactivity, but it was discontinued in December 2020 due […]