Modern Day Challenges in the Auditing Profession
“A man without ethics, is a wild beast loosed upon the world.” – Albert Camus Once again, the so-called pinnacle of ethical professions, is caught in the spotlight for all the wrong reasons. Unethical breaches, especially in ethical testing is certainly...
Internal audit and current business risks
Senior Manager : Internal Audit (FIIASA, CIA,CIDA) at Kreston Pretoria The world as we know has changed significantly over the last two (2) years, in turn, altering the way we live, the way we do business, and the way we react to emerging business risks (i.e. “the...
Internal Audit and Data Analytics
Internal Auditors work in an exceptionally complex, always evolving, and challenging world. In an environment where there is pressure to add more value with fewer people and less time, internal auditors are being challenged to discover more risks, review operational,...
If You Put a Fox in Charge of the Henhouse, Expect to Lose a Few Chickens
Two years ago, we got very excited when Gauteng Premier David Makhura announced that, by the end of February last year, system would be in place whereby Gauteng government employees who issued tenders would undergo regular security vetting and lifestyle audits. The...
A Taxman’s Casebook
This contribution is unashamedly inspired by an excellent regular in the Car Magazine entitled “A Garageman’s Casebook”. It tells stories of interesting mechanical problems that are solved by a Garageman in rural South Africa. Whilst I am mechanically totally inept, I...
Key Risks for South African SMEs Expanding Globally in 2024
What risks do South African businesses face if expanding globally in the coming year? Kreston Global has launched its second “interpreneur” report on finding global success as a Small and Medium-sized Entity (SME) and the results have indicated two-thirds (66%) of...
Kreston SA Director Wallie Louw’s Journey and Global Expansion of South African Entrepreneurs
My Journey and the Evolution of South African Entrepreneurship I began my career as an article clerk in 1990 at Deloitte in Pretoria, during an era predating laptops and mobile phones, where all accounting work was performed manually. At that time, most graduates...
Movable and Immovable Assets
This summarised article below provides a brief account of some definitions and terminology used in the property and movable/immovable industry. The objective to highlight the distinction between the terms movable and immovable assets (also referred to as property)....
Tic Tac(X) Toe and the Budget
The budget speech for 2021 - 2022. what can one say other than, oh my goodness! It was a year in which we experienced the hardships of hard lockdowns, alcohol prohibition, a downturn in the economy and a national drop in productivity, and, yes, of course, a decrease...
Delegates Look to the Future at Kreston’s Annual Conference
132 delegates and 41 companions attended from 32 countries at the Windsor Court Hotel in New Orleans, USA, recently. Bent Kofoed, Chairman of Kreston opened with the AGM and then Liza Robbins, Kreston CEO presented Kreston’s strategic plans for the years ahead. Our...
Bishop Fleming Leads International Business Conferences
”With the lure of international opportunity, and Brexit only months away, now is the time to explore how expanding your horizons overseas could take your business forward. Whether you are looking to exploit overseas markets, or structuring to manage Brexit, you...
Kreston India Conference 10-12 January 2018
Kreston Global kicked off the new year with the annual Kreston India conference, hosted this year in Kolkata. The conference was well represented, with 27 attendees from 11 Kreston member firms. Local host firm Kreston GPA warmly welcomed delegates to Kolkata. Kreston...