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AN OVERVIEW OF THE PUBLIC FINANCIAL MANAGEMENT ACT OF SOUTH AFRICA
The Public Finance Management Act (PFMA), 1999 (Act No. 1 of 1999) (as amended by Act No. 29 of 1999) is one of the most
FINANCIAL LITERACY: HOW IMPORTANT IS IT FOR BUSINESS OWNERS?
Accountancy knowledge can be extremely useful to any entrepreneur. In fact, it can be crucial for founders in the early days of a business, who
Board Effectiveness: The Role of Independent Nomination Committees
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
SARS AUTO-ASSESSMENT 2024 GUIDELINES
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
BASIC UNDERSTANDING OF A COMPANY’S FINANCIAL STATEMENTS
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
IFRS 15 REVENUE FROM CONTRACTS WITH CUSTOMERS: FUNDAMENTALS AND BENEFITS OF ADOPTING THE STANDARD
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