RAF’s balance sheet delivers a brutal reality check
The return to the GRAP accounting standard has put R452.4bn of liabilities back on the books – more than nine times the RAF’s annual income of R48.1bn.
audit
Tax compliance is easier, but corporates’ trust in SARS remains split
PwC finds a downward trend in penalties and verification risk. Yet corporate taxpayers continue to voice concerns over consistency, fairness, and accessing SARS support.
Audit exemptions for retirement funds set to be tightened
FSCA proposes consolidated prudential standard for financial reporting requirements.
What’s keeping women out of leadership in professional services?
The audit, tax and advisory industry has transformed significantly over the years and gradually the skills pool in this industry has become more diverse. Despite developing the same skills and receiving the same […]
How to increase the likelihood that your objection to a tax assessment will succeed
Benjamin Franklin said, “diligence is the mother of good luck”, and that is exactly what is required when drafting an objection to an assessment or additional assessment issued by the South African Revenue […]
Sars searches homes of employees in the gold and banking sectors
The South African Revenue Service (Sars) has searched the homes of employees in the gold and banking sectors as part of its investigations and audits into illicit financial flows and illicit trade in […]
