by Ben Pieters | Feb 12, 2024 | CIPC, Legal compliance
XBRL is used for businesses and accounting professionals. XBRL (eXtensible Business Reporting Language) is a freely available and global framework for exchanging business information. XBRL is used around the world, in more than 50 countries....
by Ben Pieters | Feb 1, 2024 | Culture, Internal audit
A company must implement a vigilant internal audit program. This article was recently posted on the Talk2Us.net website and is repeated here in full for our readers. This view is expressed by Michael Volkov, a seasoned internal auditor. We all know colleagues who...
by Ben Pieters | Dec 12, 2022 | Uncategorized
By not following the prescribed procedure in cancelling a contract can land you in trouble. In the recent case of Datacentrix (Pty) Limited (“Datacentrix”) v O-Line (Pty) Limited (“O-Line”), the South African Supreme Court of Appeal (“SCA”) had to determine whether an...
by Ben Pieters | Nov 22, 2022 | Uncategorized
It’s not even the end of November 2022 and Eskom has run out of funds to buy diesel. To add injury to insult, it also has no intention to do so until 1 April 2023 – its new financial year – unless it obtains funds from the Government! What a complete...
by Ben Pieters | Nov 1, 2022 | Governance
If you think compliance is expensive – try non-compliance. Most small businesses treat compliance as a secondary function with little consideration of the consequences. This approach is fraud with danger. It reflects a naive and narrow view of corporate...