Source: Finweek

As we all know, it is EXAM time at SMA! It has been my privilege to read and scribe exam papers for some of our students. The reward in doing something as un-selfish as that transcends your normal egoistic indulgences and liberates you from your physical requirements in that your whole being is centred/focussed on this young person that is totally[Read More…]

Global survey shows rise in fraud amongst executives Ernst & Young 2012 global fraud survey shows that the pressure to meet revenue targets is undermining executives’ commitment to compliance with policies and the law AMANDA VISSER Published: 2012/05/23 11:46:49 AM  AN INTERNATIONAL survey on fraud shows that 15% of senior executives polled at leading companies are willing to make cash payments[Read More…]

It is true that the biggest potential income generators in South Africa are still Chartered Accountants CA.  However, chartered management accountants have the potential to earn above average salaries as well.  Management accountants do not fit the stereotype of number crunchers and bean counters and definitely don’t all work in banks.  Wherever there’s an important business decision to be made,[Read More…]

Accounting focuses on measuring performance, and processing and communicating financial information about economic sectors. This discipline ensures that principles such as ethical behaviour, transparency and accountability are adhered to. It deals with the logical, systematic and accurate selection and recording of financial information and transactions, as well as the compilation, analysis, interpretation and communication of financial statements and managerial reports[Read More…]

Chartered Accountants are still some of the best paid professionals in South Africa.  The path to achieve this goal is however not for the faint hearted.    In order to achieve this goal, accounting students need to ensure that they have a very good grasp of the fundamentals of the subject as this will prepare them for the future demands of[Read More…]

  NOT !!!! Anybody that can read and think can do Accounting!  The misconception about this subject goes back into historical practices, where ‘particular’ people kept track of the movement of goods, coins and related activities.   The notion of only people with specialized skills are able to handle the demands of those skills included in Accountancy, has perpetuated itself into the modern[Read More…]