As we are starting off on a new year in our diaries, we can also rethink the way we do things. With most financial year ends coming up – maybe it is time we should consider the accounting software we are using. As technology keeps on taking big leaps forward, we ought to consider what it has to offer.

While profit and cash may be the ultimate heroes of the small business world, there is a component of the bottom line which may be just as informative. This component is called revenue, which can give the user of financial statements actionable information about performance that profit or cash flow from operating activities alone does not reflect.

The Vocational Education and Training (VET) Levy was proposed and brought into legislation to aid the country’s need for a better quality and quantity skills development, aiding the National Training Authority (NTA) to address training opportunities. Are you compliant?

This article, as provided by Dr Adv Leigh Hefer from OnlineMOI / Genesis Corporate, lists the consequences when a company was not audited or independently reviewed in terms of the new Companies Act.

Historical cost or fair value accounting? Which methodology of presentation provides more valid, reliable, and relevant information? The debate has been going on for many years and according to numerous data and opinions, both methods have its flaws.

We provide an update on the POPI Act, the POPI Regulations, the coming into effect of the legislation, as well as give some essential information on the application of POPI.