Forvis Mazars Messenger May 2021
South Africa’s infamous MTI was crowned as the world’s largest crypto Ponzi scam with a total loss of around $589m which affected hundreds and thousands of investors, according Chainanalysis’ 2020 crypto crime report. MTI’s illicit scheme using cryptocurrencies to commit fraud overshadowed the thriving cryptocurrency industry in South Africa and the rest of the world which gave credible and reputable...
Up against great economic and societal upheaval as a result of Covid-19, banks around the world continue to take sustainability seriously and firmly acknowledge the related risks and opportunities, for the market and wider stakeholders alike. For the second year running, Forvis Mazars publishes its responsible banking practices report to assess how banks embed sustainability into their commercial...
The novel coronavirus of 2019 (‘COVID-19’) is an unprecedented event that has changed the world we live in today. COVID-19 has also prompted accountants to reconsider how certain transactions are accounted for, particularly rent concessions received by lessees as a direct result of COVID-19.
The audit profession faces a decisive moment: market expectations are shifting, technology is empowering auditors and strengthening quality, the case for audit’s evolution is growing and a series of headline corporate failures have raised questions about the quality of service companies can expect.
The clock is ticking, and as of 1 July 2021 you need to be fully compliant with POPIA (the Protection of Personal Information Act).
The African start-up ecosystem is booming: over the last decade, it has become a global leader in mobile financial services, with M-Pesa in Kenya just one example of the continent’s success. Now regulation has to keep up with innovation for the good of fintech and the people who use it.
The world of work has changed and continues to change daily. Issues are no longer that predictable but they are rather emergent (Rothaizer, 2019). As a leader you need time to be agile in how you respond to the ever-changing world of work. All too often the leaders of an organisation are booked up for weeks in advance with back-to-back meetings in their calendars. The latter does not leave much room...
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