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 | Oct 29, 2022 | Personal finance
What happens to your debt when you pass away – should I be scared about death and taxes? In the event of your death, all your assets and liabilities are transferred to your estate, which is then responsible for collecting debts, paying creditors, turning assets...
by Ben Pieters | Sep 3, 2022 | Protection of Personal Information Act
In order for responsible parties to comply with their notification obligations under section 22 of the Protection of Personal Information Act (POPIA),the Information Regulator (IR) has published a set of guidelines along with a prescribed notification template which...
by Ben Pieters | Sep 3, 2022 | Prescription Act
Prescription – Fairness trumps legal certainty Debt prescription – Fairness trumps legal certainty. Prescription of debts is generally absolute in its impact, and can be said to have a “guillotine effect” as a claim for a debt is unenforceable once it has...
by Ben Pieters | Jun 17, 2022 | Personal finance
Cash out your retirement benefits The decision to cash out your retirement benefits when changing jobs is arguably the biggest contributor to many pensioners’ dire financial position. Millennials – the generation born between 1981 and 1996 – are most at risk since...