by alertsprofessionalservices | Jul 8, 2024 | Blog
Board effectiveness is crucial for the success and sustainability of any organization. A well-functioning board of directors ensures that the company is governed in the best interests of its shareholders and stakeholders. One key aspect of board effectiveness is...
by alertsprofessionalservices | Jul 8, 2024 | Blog
This year, SARS is again increasing the number of taxpayers participating in auto-assessments. These are taxpayers whose tax affairs are less complicated. If you agree with your auto-assessment, there is nothing more you need to do. If SARS did not get your assessment...
by alertsprofessionalservices | Jun 24, 2024 | Blog
Definition Financial statements are written records that illustrate the business activities and the financial performance of a company. In most cases they are audited to ensure accuracy for tax, financing, or investing purposes. What are the elements of financial...
by alertsprofessionalservices | Jun 10, 2024 | Blog
FUNDAMENTALS OF IFRS 15 IFRS 15 establishes the principles that an entity applies when reporting information about the nature, amount, timing and uncertainty of revenue and cash flows from a contract with a customer. Applying IFRS 15, an entity recognises revenue to...
by alertsprofessionalservices | Jun 5, 2024 | Blog
Both the International Accounting Standards (IAS) and the International Financial Reporting Standard (IFRS) are issued by International Accounting Standard Board (IASB), in London. They are developed to provide a consistent and transparent framework for financial...