In professional services, leadership is often measured by financial performance, delivery timelines, and client outcomes. While these metrics matter, they are ultimately driven by one factor, our people. Sustainable growth is not achieved through technical excellence alone. It is built on engaged, capable, and confident teams. For that reason, a useful leadership benchmark is this: are we being the leaders we once needed when we were juniors?
As the financial reporting landscape evolves, staying ahead of regulatory changes is critical for organisations aiming to maintain compliance and strategic advantage. One of the most significant upcoming changes is IFRS 18, a new international accounting standard for Presentation and Disclosure in Financial Statements that replaces IAS 1, effective for reporting periods beginning on or after 1 January 2027.
In today’s fast-paced and ever-evolving business world, CFOs face unprecedented challenges. With the rapid advancement of technology, shifting regulations, and increasing demands for accurate financial reporting, finance departments are under immense pressure to innovate and transform.
Businesses are continuously looking for ways to simplify procedures and enhance operations in the connected world of today. One area that has seen significant growth in outsourcing is accounting services. While India has long been recognized as a hub for IT outsourcing, South Africa has now emerged as the global center for outsourced accounting.
In the dynamic economic landscape, businesses will find themselves in a volatile terrain where they must navigate the merging of transformational technology, changing labour choices, and global economy uncertainty. The significance of strategic decision-making is becoming increasingly critical as businesses work to adapt and prosper in this ever-changing environment.
Chief Financial Officers (CFOs) and their finance teams are facing unprecedented challenges in today’s corporate landscape. The role of the CFO has evolved significantly, demanding their time and unwavering focus on more strategic issues. The financial manager and finance team play a crucial role in ensuring the audit process runs smoothly, with minimal disruption to the business’s core operations.
On May 24, 2023, Government Notice 48648 containing the Companies Amendment Regulations was published by the Minister of Trade, Industry, and Competition in conjunction with the Companies and Intellectual Property Commission (CIPC). It is now a requirement for juristic persons, registered with the CIPC to submit and maintain Beneficial Ownership data. (Beneficial ownership regime by the CIPC).
In today’s world, pursuing inclusivity and equal opportunities has become paramount. AFA-Accounting and Financial Advisory proudly offers the Unemployed Disabled Learnership Programme, a transformative initiative that combines practical work experience, skill development, and a registered qualification with Sector Education and Training Authority (SETA).
In recent years, the payroll department has become a hot potato that no one wants to handle. In this opinion piece, we will delve into the ongoing debate surrounding the placement of payroll within organizations and the benefits associated with housing it under either HR or Finance.
Accounting and Financial Advisory (AFA), is proud to donate much-needed baby items to the Princess Alice Adoption Home (PAAH), which is in short supply of nappies and other baby-related products.
The world of financial advisory and accounting services is fast evolving. As finance professionals, it is our responsibility to stay ahead of the trends and to adapt in an ever-changing environment.
As a seasoned finance industry professional, I believe that nurturing and maintaining a strong network is the key to having a successful career. Forging authentic, enduring and strategic relationships can have great benefits for professional women.
Our Annual Financial Statement (AFS) Automation solutions have been designed to save time so that clients can focus on growing their businesses.
AFA is delighted to introduce our IFRS 17 solution to our clients. Our team of experts bring deep technical and industry knowledge, and we work with you to achieve IFRS 17 compliance efficiently, strategically and in line with your individual finance and risk transformation programs and broader operational business goals.
Driven by accelerating connectivity, new talent models, and cognitive tools, the way we think about work is changing. Globally, there is a renewed emphasis on telecommuting and remote work…
Around the world, we are facing major economic impacts that have changed our lives and the way we do business. As governments look to reopen economies, substantial reliance will be placed on financial services.
The development of artificial intelligence (AI) is a hot topic everywhere, but what are its implications for the financial industry and consumers?
The journey to becoming a CA(SA) is often one that requires high levels of dedication and commitment. For accountants who have their sights set on becoming a CA(SA), the key skills to nurture are a capacity to communicate effectively and have the drive to take an initiative.
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