Category Archives: Accounting

Professional accountants’ responsibility to act in the public interest during Covid-19

5 March 2020 was a momentous day in that it marked the day where the first Covid-19 case was reported in South Africa. The year that followed was arguably one of the most difficult in our lifetime, with South Africa … Continue reading

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Misconceptions about the roles and responsibilities of the auditor

The public is seeking answers after the spate of corporate collapses and significant financial losses, and auditors have come under intensive scrutiny and criticism. Some believe that this may be due to an expectation gap that has developed between the … Continue reading

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THE IMPORTANCE OF HAVING A GOOD ACCOUNTING SYSTEM

If your business doesn’t have an effective accounting system in place, you run the risk of making serious errors in your finances. Furthermore, a good accounting system simply makes life easier and allows you to focus more on growing your … Continue reading

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TECHNOLOGY IN ACCOUNTING: HUMANS ARE HERE TO STAY

As technology gets smarter and takes over more and more of the work we typically deem “skilled”, are professionals such as accountants at risk of being replaced? The short answer is “No”. The long answer is “It all depends on … Continue reading

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