by Felmeg Accounting | Sep 12, 2018 | General
Although this is not accounting related, the writer has decided to give FAS opinion in regards Land Reform. “I cannot see how productive pieces of land would be expropriated without market-related compensation. Nobody will convince me that the Constitutional Review...
by Felmeg Accounting | Aug 8, 2018 | General
The Independent Regulatory Board for Auditors (IRBA) has called on South African audit firms to produce transparency reports which provide insight into their operations, governance, leadership, culture, ethics, audit quality, transformation, and audit engagements,...
by Felmeg Accounting | Aug 8, 2018 | General
On 1 October 2018, Professor Mervyn King is handing over the role of chairman of the King Committee to Professor Suresh Kana. King has been chairman of the committee since its inception in 1992, and remains onboard in his new role as chairman emeritus. The move is in...
by Felmeg Accounting | Aug 1, 2018 | General
Mark Kingon has been at SARS for 34 years in a long and varied career that started in January 1984. On 14 March 2018, Mark was appointed as the Acting Commissioner for SARS. At the time of his appointment, he was the Acting Chief in the division called Business and...
by Felmeg Accounting | Jul 30, 2018 | General
The writer is of the opinion the IRBA and all the Accounting bodies needs to answer to a national controlling body.In the same way that audit regulators worldwide have sought to increase their own independence from the profession, in order to limit the influence of...
by Felmeg Accounting | Jun 12, 2018 | General
Taxpayers will have until 31 October to submit their tax returns, which is three weeks shorter than usual and will increase efficiency according to acting South African Revenue Services (Sars) commissioner, Mark Kingon. “A shorter filing season allows additional time...
by Felmeg Accounting | Jun 5, 2018 | General
Research shows that 24% of millennials are currently invested in a unit trust – versus only 2% among older generations – with 57% of millennials saying they invested in a unit trust with the purpose of increasing their net worth (1st) and 47% saying they looked to...
by Felmeg Accounting | May 22, 2018 | General
Business is driven by profit, Shared Value and how companies can use this business strategy to find where the biggest growth opportunities lies in the Shared Value approach reconnects business success with social progress, positing that it is not only possible but...
by Felmeg Accounting | Apr 12, 2018 | General
The Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) published recently, nine peer review reports assessing compliance with international standards on tax transparency.Eight of these reports assess countries against the...
by Felmeg Accounting | Mar 6, 2018 | General
According to the date the goods are actually delivered or made available for collection. While prices advertised are deemed to include VAT, SARS says they understand that some vendors may have difficulty changing systems and things. Vendors will be allowed to...
by Felmeg Accounting | Feb 16, 2018 | General
Alternative coins refer to any other cryptocurrency that isn’t Bitcoin. Based on price growth and market cap, An analysis of the top performing altcoins from 2017 points to where altcoins will be headed in 2018. Ethereum Seeing a massive 36 018% return...
by Felmeg Accounting | Jan 30, 2018 | General
South African startup, Gron Digital, is set to launch its initial coin offering (ICO) and intends to disrupt and revolutionize the $150bn gambling and betting industry by overcoming legacy issues, and protecting both player and industry from a myriad of challenges....
by Felmeg Accounting | Jan 17, 2018 | General
Blockchain, Bitcoin, Cryptocurrency, Mining. Wherever you look on the internet you hear these terms. So where do bitcoins come from? With paper money, a government decides when to print and distribute money. Bitcoin doesn’t have a central government. In very...
by Felmeg Accounting | Jan 15, 2018 | General
After four days of straight losses from Monday to Thursday, Bitcoin seems to have leveled off somewhat. However, 2018 has not started well as this marks the second week in a row of poor performances. While Bitcoiners have become accustomed to spikes and rallies, this...
by Felmeg Accounting | Dec 13, 2017 | General
The governance processes regulating agriculture in Africa were still fraught with weaknesses. Appropriate macroeconomic policy framework was critical for the continent to foster structural transformation. “Land rights are not secure, the procurement process for inputs...
by Felmeg Accounting | Dec 8, 2017 | General
Significant progress has been made to license the South African Post Office as a fully-fledged state bank before the Post Bank becomes the primary distributor of social grants from April 2018. ANC committee on communications head Jackson Mthembu, who was speaking at a...
by Felmeg Accounting | Dec 5, 2017 | General
In the wake of the recent upheaval that saw long-time leader Robert Mugabe ousted with the support of the military, the country “faces severe economic challenges,” IMF spokesman Gerry Rice told reporters. The country will have to tackle fiscal deficits and...
