Category Archives: Finance

Belastingbeplanning: Minder ja, maar nie niks nie

Belastingbeplanning is noodsaaklik om te verseker dat jou welverdiende Rande, binne alle wette en regulasies van die Suid-Afrikaanse Inkomstediens en die Inkomstebelastingwet, te rek vir die nabye toekoms maar ook vir jou goue jare. Dit is ‘n gegewe dat almal iewers belasting sal … Continue reading

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The relationship between audit quality and audit fees

Due to recent high-profile corporate failures in South Africa, questions are being asked about the relationship between auditor independence, the amount of fees and audit quality. There is a perception in various circles that lower audit fees equate to lower … Continue reading

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How technology is influencing the financial world

Accounting has moved from pen and paper to the cloud, monthly payments can be done through online banking apps, and big purchases like houses and other property can be completed using cryptocurrency. For a business to be successful, it is … Continue reading

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The difference between having your annual financial statements reviewed as opposed to audited

JOHANNESBURG – With the current state of the national and global economy, companies are trying to better manage their expenses. Audit fees tend to make up a significant portion of a company’s annual expenses and therefore some businesses specifically focus … Continue reading

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Too many South Africans are slaves to debt

The country has 25m active credit consumers – and more than 10m are behind on their payments. If you want to know the frustrations associated with being in debt, ask 27-year-old Muzi Mehlala (not his real name). He is over-indebted, … 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 saving for retirement

Preparing for retirement requires seeing the bigger picture years before it becomes necessary. It should be one of the most important concerns for working individuals, yet many people are not making the necessary provisions for their old age. When you … Continue reading

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Your payroll administration questions answered

As payroll administrators ourselves, we encounter a few frequently asked questions that employers, business owners or those responsible for payroll administration within organisations struggle with.  Below we have a detailed answer for you on these burning questions you are facing.  … Continue reading

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Optimising cash flow improves chances of sustainability

Failure to optimise cash flow is one of the key reasons that could lead startups to shut their doors within their first two years of operation. Vaughan David, CEO of Business Cash Investments at FNB says in order to increase … Continue reading

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SARS scams

Education and awareness around identity theft, phishing and other frauds have become part of life globally. If nothing else, scamsters are innovative and keep trying new avenues of defrauding businesses and individuals. In South Africa, this is no exception, and … Continue reading

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