In part one of this article we looked at progress that Zimbabwe has done to date with the National Code on Corporate Governance and in the part two of this…
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Evaluation and Improving Internal Control
As part of its resource centre the International Federation of Accountants (IFAC) issues out guidance papers and practice tools for its members and anyone whose signs up for their website.…
Continue ReadingNational Code, Public Entities Code or King IV …3 codes. Which one should you apply??
Investopedia defines corporate governance as ”the system of rules, practices, and processes by which a firm is directed and controlled. Corporate governance essentially involves balancing the interests of a company’s…
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Accounting from a banks’ perspective-the challenges of interest rate,NPLs and interbank rate
Download your free article here; https://tas.co.zw/wp-content/uploads/2019/10/BANKS-BANKING-SURVEY-2019-ARTICLE.pdf
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ACCOUNTING FOR THE 2% IMT TAX
Towards the end of the 2018 calendar year, the Finance Minister – Professor Mthuli Ncube – announced a 2% Intermediated Money Transfer Tax (IMTT) as part of the austerity measures…
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INTERMEDIATED MONEY TRANSFER TAX – (IMTT)
1. PREAMBLE The Intermediated Money Transfer Tax (IMTT) is levied on transferred amount per section 36G of the Income Tax Act [Chapter 23:06] as read with the 30th schedule to…
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MONETARY REFORMS IMPLICATIONS ON 2019 FINANCIAL REPORTING
An Executive summary of the considerations of monetary reforms on 2019 financial reporting in Zimbabwe Download your free E-Book now on; Click here to download
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RBZ MONETARY POLICY – IMPACT ON FINANCIAL REPORTING
In May 2016, the RBZ introduced the priority list as an exchange control measure. Subsequently, the bond notes were introduced in October 2016 through Statutory Instrument 133 which amended section…
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