News
SAICA welcomes Akash Singh as the National Council President
Johannesburg, 9 April 2024 - We are thrilled to announce the appointment of Akash Singh as the new President of the National Council and ex officio member of the Board.
Akash is taking over the reins from Kobus Swanepoel, and we thank him for his unwavering support and dedication to SAICA and the accounting profession throughout his tenure.
Two-pot system: Key considerations before you withdraw your retirement savings
Johannesburg, 27 March 2024 - The retirement funds industry is poised to implement the long-awaited two-pot system, effective September 1, 2024, granting members partial access to their retirement savings. However, there is a critical need for education and managing members' expectations due to prevalent misinformation. Members must stay informed through their respective funds’ communications to understand the process of accessing these funds fully. While many members grasp the concept of a R30,000 withdrawal, other crucial considerations remain overlooked. Kedibone Sono CA(SA), SAICA Project Director for Members in Business (Technical), sheds light on these considerations, alongside the challenges members need to navigate while assessing their savings.
SAICA Statement on the Passing of Mr. Markus Jooste
Johannesburg, 22 March 2024 - The South African Institute of Chartered Accountants (SAICA) notes reports of the passing of Mr Markus Jooste, former CEO of Steinhoff.
SAICA launches business podcast to empower small businesses
Johannesburg, 15 March 2024 – The South African Institute of Chartered Accountants (SAICA) is delighted to launch the SAICA BIZ Impact Podcast, a dynamic platform which aims to simplify complex business topics and empower small medium businesses (SMEs) to thrive.
Making the Auditing Profession Attractive to Gen Z
Johannesburg, 7 March 2024 - The auditing profession is evolving to attract Gen Z talent, showcasing diverse career paths, a strong focus on continuous learning, and a commitment to developing future-oriented skills. These strategies address the challenges of competing with emerging STEM careers and the outdated perception of auditing being dull and theoretical.
South African auditing profession debating the adoption of a new International Standard
Johannesburg, 1 March 2024 - The International Auditing and Assurance Standards Board (IAASB) published a new auditing standard, the International Standard on Auditing for Audits of Financial Statements of Less Complex Entities (the ISA for LCE), on 6 December 2023. This auditing standard may only be applied in territories where it has been adopted for use. The adoption of this auditing standard in South Africa is currently a highly debated topic within the South African auditing profession.
SAICA Wishes First-Year Tertiary Students a Remarkable 2024
As you embark on this exciting chapter of your life, transitioning from school to tertiary education, SAICA extends heartfelt wishes for an extraordinary, fulfilling year ahead.