Johannesburg, Tuesday, 4 June 2024 - While the President has signed the National Health Insurance (NHI) into law, the bean counters at National Treasury have yet to start looking for their excel sheets needed to ensure the NHI is fully costed. SAICA’s Executive for Taxation, Pieter Faber, provides clarity on why funding the NHI has been so elusive.

The Accounting Standards Board (ASB) recently announced its new board members, tasked with serving the public interest by setting Standards of Generally Recognised Accounting Practice (GRAP) that promote accountability, transparency, and effective financial management within all spheres of government.

The South African Institute of Chartered Accountants (SAICA) hosted a corporate reporting webcast for Small and Medium-sized Enterprises (SMEs) on Monday, 22 April 2024, focusing on the 2024 economic outlook, financial reporting, assurance, Companies Amendment Bill, and sustainability.