How Professional Accountants in Business Drive Sustainable Organizational SuccessText:
Professional accountants in business play key roles in organizations—roles that often go far beyond the stereotypical perceptions of accountants. It may not be readily apparent to all employers and business owners, but they can capitalize on professional accountants’ training, knowledge, and skillsets to help guide their organizations toward long-term sustainable success
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Promotion of Access to Information Act (PAIA)The 3rd of February 2000 saw the enactment of the Promotion of Access to Information Act, 2 of 2000 (“the Act”), giving effect to the constitutional right of access to any information held by the State and any information that is held by another person and that is required for the exercise or protection of any rights.
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Sections of the Close Corporations Act amendedThe following sections of the Close Corporations Act are amended as indicated in order to effect consequential amendments to properly accommodate cross-references and corporate law changes brought about by the Companies Act, 2008. These changes intend to ensure that corporate law, whether company or close corporation law, is uniform across the board:
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International Auditing and Assurance Standards BoardThe IAASB works to improve the uniformity of auditing practices and related services throughout the world by issuing pronouncements on a variety of audit and assurance functions and by promoting their acceptance worldwide.
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Enterprise Investment ProgrammeText:
The recently published Enterprise Investment Program (EIP) replaces the previous Small and Medium Enterprise Development Program (SMEDP). However the guidelines as issued only recognise Independent external auditors to assist applicants with their reporting duties in terms of the program. The SMEDP recognised accredited persons to provide these services. Accredited persons was defined as members of professional bodies such as SAIPA. These changes have a impact on the services provided by SAIPA members. SAIPA has made a submission to request an amendment to the regulations
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