Pay As You Earn (PAYE) is that one line item we see on our monthly payslips that we would love to see disappear as it always seems to increase whenever…
Continue ReadingTen Essential differences between IFRS 17 and Current Reporting
Much of insurance reporting is based on established practices largely due to lack of comprehensive guidance in the current IFRS. Although IFRS 4 deals with some principles, the standard when…
Continue ReadingClarified: Accounting for Z$ to US$ Translation Reserve (NDR) Post-dollarisation
Zimbabwe found itself in a unique position in the history of accountancy at the beginning of 2009. The country had been riddled by severe-hyperinflation, such that the Zimbabwean government had…
Continue ReadingTAS Goes into Africa
Training and Advisory Services (TAS) a member of the Chartered Accountants Academy (CAA) is out to serve in Africa. This is the first time TAS went as a stand-alone entity…
Continue ReadingTax Amnesty Revealed
The Zimbabwean government announced a tax amnesty to defaulting clients in a bid to encourage them to regularize their tax affairs. The amnesty is said to cover individuals, companies and…
Continue ReadingNew Companies Act: Are you prepared?
In 2016, the government of Zimbabwe through the Office of the President and Cabinet (OPC), embarked on a project targeted at improving the ease of doing business in Zimbabwe. One…
Continue ReadingKey audit matters: Unlocking secrets of the external audit
The International Auditing and Assurance Standards Board (IAASB), which is the global regulator of accounting practices, finalised its process of revising auditor reporting standards in 2015. This resulted in the…
Continue ReadingCorporate Governance Zimbabwe – The final edition
The last 3 chapters of the Code deal with Compliance and Enforcement, Stakeholder relationships and the role of government in corporate governance. They tackle the importance of compliance and the…
Continue ReadingCorporate Governance Zimbabwe: Information management and corporate conflict prevention and resolution
This blog focuses on two of the five remaining chapters of the Code on Corporate Governance (The Code). We will look at the chapters at a high level to understand…
Continue ReadingCORPORATE GOVERNANCE ZIMBABWE: WHERE ARE WE NOW? -Part 3
In the preceding parts of this article, the focus was on where Zimbabwe is, in terms of corporate governance and also some of the key parts within the National Code…
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