Latest News & Developments
accounting and audit
City of Tshwane extends debt-relief scheme deadline to May 31
The City of Tshwane has extended its debt-relief scheme deadline to May 31, allowing residents and businesses more time to settle outstanding municipal accounts and benefit from significant debt cancellations.
City of Tshwane extends debt-relief scheme deadline to May 31
The City of Tshwane has extended its debt-relief scheme deadline to May 31, allowing residents and businesses more time to settle outstanding municipal accounts and benefit from significant debt cancellations.
SAICA, Standard Bank partner to fuel dreams of aspiring chartered accountants
Standard Bank has formed a ground-breaking partnership with South African Institute of Accounting (SAICA) to sponsor fourth-year accounting students at three historically underprivileged universities in 2024.
KPMG Opaque Dealings: Fraud, Corruption,Yet It Remains Banked
The recent conclusion of the lawsuit between KPMG South Africa (KPMG) and VBS Mutual Bank, has left many questioning the commitment to transparency within the firm, says the writer.
Financial woes at SAA deepened as it suffered more losses
The financial position of SAA did not improve in 2020, as it suffered another loss of R5. 7 billion.
AG warns against 31 departments and entities for failing to submit financial statements
The Auditor-General said the law was very clear that financial statements of departments and entities must be submitted on time.
City of Cape Town announces its e-services will be offline this weekend
The services will be unavailable from 5pm on Friday, December 1, until 7am on Monday, December 4, for necessary maintenance.
Auditor-General of South Africa appointed as new auditors for Unesco
Parliament’s Standing Committee on the Auditor-General commended the AGSA’s latest feat, saying it was proud of the Office of the AG for this prestigious appointment.
Regulatory board sounds alarm on skills shortage in South Africa's auditing sector
Independent Regulatory Board for Auditors says the skills shortage was exacerbated by low maths literacy in South Africa, which significantly reduced the number of students able to study accounting.
Khaya Ngema appointed as Postbank administrator after entire board of directors quit ‘to avoid accountability’
Postbank’s Board of Directors resigned on September 12 ahead of Thursday’s Annual General Meeting of the Postbank.
SARS tax consultant who defrauded taxman of R172,000 sentenced
The SARS employee submitted fraudulent tax returns prejudicing the taxman of over R170,000.
KZN Premier Nomusa Dube-Ncube cracks whip on failing municipalities
The Premier said it was time to act swiftly on those who think municipalities belong to them or belong to their famillies.
Daily IOL Radio News Bulletin - June 20
As you kick start your day, Nokuthula Khwela brings you the country’s biggest stories
KZN municipal HR manager hauled over coals for ‘reign of terror’ where he unlawfully fired scores of employees
A senior HR official of the IFP-run Endumeni (Dundee) Local Municipality in KZN is facing a disciplinary hearing after he allegedly conducted a ‘reign of terror’.
Auditor-General warns municipalities against financial losses
Auditor-General Tsakani Maluleke said they have been worried about lack of financial controls in municipalities and this led to material irregularities last year.
Auditor-general flags SOEs in shambles
The Auditor-General has slammed the Department of Public Enterprises for failing to meet key targets for state-owned entities.
Cancer of corruption thrives when integrity is replaced by greed or short-term gain
OPINION: The success of our fight against corruption depends on the involvement of all citizens and all parts of society. We need everyone to treat corrupt acts with the disdain it deserves, writes Dr Solomon Hoogenraad-Vermaak.
DUT - At the forefront of higher education, technological training, research and innovation
Durban University of Technology applications for undergraduate and postgraduate programmes for the 2023 academic year are now open.
Police arrest 17 accountants in Malawi over fraud allegations
Fiscal Police officers have arrested over 17 civil servants on suspicion that they are linked to fraud allegations at the Department of the Accountant General.
Applications for chartered accountancy’s most sought after bursary close end August 2022
You could become a qualified chartered accountant with the assistance of a Thuthuka bursary.
Dates for Accounting iNdaba 2021 announced in new SAIPA digital magazine
The dates, topics and speakers for the virtual accountancy event of the year have been announced in the SAIPA digital magazine.
Court paves way for Akani to take over chemical workers’ pension fund
Gauteng High Court dismissed with costs the NBC Holdings application to hold on to the lucrative R6 billion CINPF