Remove Auditing Remove Construction Remove Financial Reporting
article thumbnail

Members’ Profile: Rofhiwa Irene Singo

CFO Talks

This opportunity allowed me to audit clients like the South African Revenue Service and South African Tourism, as well as manage accounts for Mastercard South Africa. When you’re young, focus on deeply understanding the core accounting principles, financial reporting, and regulatory compliance.

CFO 95
article thumbnail

Building Robust IT Systems for Financial Reporting

CFO Talks

Building Robust IT Systems for Financial Reporting As financial operations become increasingly complex, having the right IT infrastructure in place is no longer just a back-office necessity—it’s a strategic advantage. Automation reduces human error, which is one of the biggest risks in financial reporting.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Head Of UK’s Financial Reporting Council Quits Amid Scrutiny

PYMNTS

s Financial Reporting Council is reportedly stepping down from the position amid continued scrutiny that the FRC lacks effectiveness to prevent corporate accounting scandals and industry failures. Reports in Reuters on Friday (Nov. Reports said Kingman is expected to complete the review by the end of the year.

article thumbnail

UK Auditing Market Pressure Grows With Parliamentary Probe

PYMNTS

Reports in Reuters on Sunday (November 11) said the U.K. Parliament will commence an inquiry into the nation’s corporate auditing market, which is currently dominated by the Big Four accounting firms Deloitte, PwC, EY and KPMG, adding new pressure on an industry already being probed by other policymakers.

article thumbnail

Navigating South Africa’s Reporting Maze: What Every CFO Needs to Know

CFO Talks

Understanding the Regulatory Framework South Africa’s regulatory environment is governed by a myriad of laws and standards that mandate specific reporting obligations. These include the Companies Act, the Tax Administration Act, the Financial Sector Regulation Act, and the International Financial Reporting Standards (IFRS), among others.

CFO 83
article thumbnail

Do Nonprofits Use Cash or Accrual Accounting?

The Charity CFO

Also, revenue must be recorded when it is actually or “constructively” received. Income is constructively received when an amount is credited to your account or made available to you without restriction, regardless of whether or not it’s been deposited in your bank account. Do you need to undergo an audit? .

article thumbnail

Punj Lloyd's liquidator files complaints with NFRA against auditors

CFO News

The liquidator of debt-ridden engineering, procurement and construction company Punj Lloyd has approached the National Financial Reporting Authority (NFRA) against the auditors of the company for not cooperating to finalise the audited results of the company since FY19.