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SAICA CEO appointed to the IFAC Board
SAICA's CEO, Patricia Stock, has been appointed to the Board of the International Federation of Accountants (IFAC). This is a significant milestone for SAICA and a testament to Stock’s leadership and expertise.
The upcoming debate on confidentiality and beneficial ownership
“Mr. Zuckerberg, would you be comfortable sharing with us the name of the hotel you stayed in last night?” This was a question asked to the Chief Executive Officer of Facebook during senate hearings in 2018. The hearings were in relation to privacy breaches at Facebook that led to personal information being used for unintended purposes. Issues of privacy and protection of personal information have been at the forefront of many legal and political debates in the last couple of years. Walter Bhengu, Project Director for Legislation and Governance at the South African Institute of Chartered Accountants, sheds light on the balancing act between protection of personal information, transparency on beneficial ownership disclosures and general confidentiality.
Global Ethics Day: Most employees say they don’t work in an ethical culture
As corporate South Africa and the rest of the world celebrates Global Ethics Day today (Wednesday, 16 October), the South African Institute of Chartered Accountants (SAICA) has warned that workplace misconduct is worse than ever, with almost 9 out of 10 employees saying they don’t feel like they work in an ethical workplace culture.