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IoDSA e-Mag
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Articles
Author: Michelle Blundell Created: 2011/10/24 01:53 AM
IoDSA E-MAG ISSUE 1

Goldman Judin wins the 2012 International Law Office Client Choice Award

By Michelle Blundell on 2012/05/15 01:37 PM
Congratulations to member Michael Judin’s firm, Goldman Judin Inc, who recently won the 2012 International Law Office Client Choice Award.
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Latest company boards to join the IoDSA

By Michelle Blundell on 2012/05/15 01:15 PM
Several new boards of private companies have joined the IoDSA since February. The IoDSA welcomes the following new members.
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IoDSA E-MAG ISSUE 3

IoDSA issues amendment to King III

By Michelle Blundell on 2012/05/15 09:06 AM
The Institute of Directors in Southern Africa (IoDSA) has released an amendment to the King Code of Governance for South Africa 2009 and the King Report on Governance for South Africa 2009 (collectively referred to as King III).
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IoDSA E-MAG ISSUE 3

South Africa’s strong corporate governance bodes well for expected rise in shareholder activism

By Michelle Blundell on 2012/05/15 09:01 AM
The new Companies Act (Act 71 of 2008) is widely expected to usher in a new era of shareholder activism. For instance, it makes it possible for minorities to call an annual general meeting with the support of only 10% of the issued shares.
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IoDSA E-MAG ISSUE 3

Boards must take a long-term view of water and biodiversity risks – and opportunities

By Michelle Blundell on 2012/05/15 08:57 AM
More and more companies are reconsidering their impact on the natural world, as with one of nature’s most important resources – water. Has your company considered and re-evaluated its impact on nature?
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IoDSA E-MAG ISSUE 3

Social and Ethics Committees: The Journey Begins

By Michelle Blundell on 2012/05/15 08:54 AM
The new Companies Act (71 of 2008), that came into effect on 1 May 2011, mandates that certain companies have to constitute a social and ethics committee by 1 May 2012. Are you ready?
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IoDSA E-MAG ISSUE 3

IoDSA WESTERN CAPE BRANCH

By Michelle Blundell on 2012/02/12 12:00 PM
The IoDSA Western Cape Region held their 2011 year-end lunch on 26 October 2011 at the Pepper Club Restaurant in Cape Town. 36 members and guests attended the lunch with Ryan Sandes as the guest speaker.
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IoDSA E-MAG ISSUE 2

ENDANGERED WILDLIFE TRUST’S CEO WINS SAB ENVIRONMENTALIST OF THE YEAR AWARD

By Michelle Blundell on 2012/02/12 11:54 AM
The Endangered Wildlife Trust is delighted to announce that its CEO, Yolan Friedmann, has received the Nick Steele Memorial Award for the Environmentalist of the Year 2011. 
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IoDSA E-MAG ISSUE 2

PROFESSOR MERVYN KING APPOINTED TO LEAD THE GLOBAL MOVE TO INTEGRATED REPORTING

By Michelle Blundell on 2012/02/12 11:53 AM
Professor Mervyn King’s appointment as the new chairman of the International Integrated Reporting Committee (IIRC) has been widely welcomed and is viewed as a tribute to his work in advancing corporate governance, sustainability reporting and integrated reporting.
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IoDSA E-MAG ISSUE 2

LATEST COMPANY BOARDS TO JOIN THE IoDSA

By Michelle Blundell on 2012/02/12 11:50 AM
As the IoDSA is focused on excellence in Corporate Governance, and the skills development of Directors, more and more boards of listed private companies are joining. The IoDSA welcomes the following new members.
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IoDSA E-MAG ISSUE 2
  

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By on: 25 January 2012
Re: IoDSA WARNS ON CONFLICT OF INTEREST FOR “REPRESENTATIVE” DIRECTORS
government department and even government delegate mostly politians into parastals to advance their agenda. this practice thwarts the effectiveness of the board as some board members a intimidated by the presence of a shareholder representative among them i think IOD should intervene in south africa for the sake of effectiveness of boards and economic development of this country. thi will assist in building better institutional capacity.
By wilfred mogudi on: 23 November 2011
re:
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By ellias on: 15 November 2011
Re: IoDSA WARNS ON CONFLICT OF INTEREST FOR “REPRESENTATIVE” DIRECTORS
I have had great reservations regarding legalising representative directors since the idea was mooted. (We all know that they existed before the new Companies Act, but directors had to had to live with the risk.) I am sure that many companies are very pleased that 'representative directors' are legal.
But I believe that the legislature will regret this move. Directors (ALL directors) owe a fiduciary duty to the company of which they are directors. Space does not permit a full analysis of fiduciary duty. But, in a nutshell, a director should think 100% of the interests of the company of which s/he is a director. It is very difficult to reconcile 'representative directors' with fiduciary duty. The point made by the CEO of IODSA is well made.
By Professor Humphrey Gowar on: 26 October 2011
  

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SAIPA Public sector Workshop in conjunction with Protect-A-Partner

 (8 Structured CPD Hours)The South African Institute of Professional Accountants invites you to this not to be missed full day workshop on public sector accounting. The workshop is interactive and will provide you with a better understanding of the Generally Recognised Accounting Practice.

Who should attend?

• National and provincial CFO within the government departments
• Senior finance managers in government
• Preparers of public sector financial statements• Academics

 

Some of the areas to be covered:

Introduction to Generally Recognised Accounting Practice (GRAP)Section 216 of the Constitution of the Republic of South Africa introduced generally recognised accounting practice for the public sector and the Accounting Standards Board (ASB) issues Standards of GRAP in accordance with national legislation.  But what is GRAP? Who must apply it? What is the impact on the financial statements?  This 1-day workshop provides the participant with a high level overview of GRAP, with focus on certain “contentious” concepts and standards.

The workshop covers:

• The GRAP financial reporting framework, implementation dates and applicable entities
• High level review of GRAP standards and IGRAPS
• Application of ASB directives and guidelines
• Principles set out in the ASB FAQ’s
• Differences between GRAP and SA GAAP/IFRS Full Day Fee (Incl. VAT)
Per Delegate R 1300.00
**PLEASE NOTE THAT THIS WORKSHOP IS NOT PART OF THE “SAIPA’s ANNUAL CPD SUBSCRIPTION”**

Click Here to Book
  

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