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Internal Audit and Risk Management simplified

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This is the first in a series of articles where our resident specialist, Louw van der Merwe, explains and clarifies on a very practical level exactly what value can be added by Internal Audit and Risk Management within your organisation.

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Voluntary disclosure for tax payers

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According to an announcement by the Minister of Finance, the South African Revenue Services (SARS) will be launching a voluntary disclosure programme which will offer amnesty to qualifying tax payers

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Fraudulent financial reporting

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A study conducted in the USA provided a comprehensive analysis of fraudulent financial reporting. Some of the key findings may also apply to businesses in South Africa.

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Foreign loans and the Reserve Bank

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When offshore funds are introduced to South Africa and the funds represent a loan to a resident, Reserve Bank approval is required to introduce the funds.

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Bewoording van trustaktes uiters belangrik

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Die bevindings in ’n inkomstebelastingsaak wat onlangs gepubliseer is (ITC 1840), het opnuut bevestig hoe belangrik dit is dat die bepalings van ’n trustakte reg bewoord word en dat die trustees binne hierdie bepalings optree.

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Risk management: tool or administrative nightmare?

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“I have seen many, if not most, risk management processes fail within the first year,” declared Louw van der Merwe.

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Management Accountants

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The recent financial crisis has served to emphasise the value of proper information management, and the failure of some organisations to do just that.

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Ignorance of the law is no excuse

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One of the key risks facing organisations worldwide is the challenge of adhering to relevant laws and regulations.

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Using a primary residence for business

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Are you considering using a part of your primary residence for business purposes?

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Belastingvrystelling op rente gou ingekort

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Die rente wat Suid-Afrikaners uit bronne in Suid-Afrika verdien, word in sekere gevalle van belasting vrygestel om besparing in die middel en laer inkomstegroepe aan te moedig.

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