South Africa
The Coronavirus Scenarios
25 November 2020

The Coronavirus Scenarios: Nearing the tightrope’s end

In April, 2020 I wrote an article describing four possible scenarios for how the coronavirus pandemic could play out: “Much Ado About Nothing”, “The Camel’s Straw”, “Spain Again” and “Walking the Tightrope”.
RSM South Africa's new CEO, Louis Quintal
2 November 2020

RSM South Africa's new CEO

RSM South Africa would like to announce the appointment of Louis Quintal as the Chief Executive Officer of RSM South Africa, effective 1 November 2020.
Determining the Discount Rate Under IFRS 16
30 October 2020

Determining the Discount Rate Under IFRS 16

Many companies have underestimated the impact of the adoption of IFRS 16 Leases and the key judgements involved in the transition to the new leasing standard. 

Twitter

December year end accounting reminders IFRS
30 October 2020

December Year-end Accounting Reminders - IFRS

Introduction This newsletter will discuss reporting requirements as of December 31, 2019. The first section will discuss key topics and reminders that financial statement preparers and reviewers should consider in preparing their statements and...
IFRS 9 Update
30 October 2020

RSM INSIGHT: Applying IFRS 9 financial instruments

Applications of the Provision Matrix Practical Expedient in the Calculation of Lifetime Expected Credit Losses Scope
Draft Tax Laws Amendment Bill
26 October 2020

No room for error in tax

The release of the 2020 Draft Taxation Laws Amendment Bill (Draft TLAB) and the 2020 Draft Tax Administration Laws Amendment Bill (Draft TALAB) at the end of July is likely to have worrying consequences for taxpayers.
Legal representation in internal disciplinary hearings
23 October 2020

Legal representation in internal disciplinary hearings

The Labour Relations Act, Act 66 of 1995 (“LRA”) does not deal expressly with the question of whether legal representation should be allowed during disciplinary hearings.
Streamlining the process between business owner and outsourced service provider
19 October 2020

Streamlining the process between business owner and outsourced service provider

Implementing some simple recommendations can help streamline the interaction between a business owner and their outsourced accounting service provider/bookkeeper to ensure that accurate records are produced at a reasonable cost.  Listed below are...
Pre-populated information on your tax return
25 September 2020

Pre-populated information on your tax return

Over the last couple of years SARS has been pre-populating certain information that they receive from third parties directly in individual taxpayers annual tax returns. This is typically your IRP5 information from your employer, contributions to...
Cultivating curiosity and driving innovation
11 September 2020

Cultivating curiosity and driving innovation

Innovators are often seen as the imaginative minds behind organisations, often questioning the design of a process, product or service and actively improving it. That said, serendipity also has a significant role to play.

Pages