From 21 to 22 November 2024, Training and Advisory Services will be hosting an IFRS technical conference in Kariba to address financial reporting challenges being faced by practitioners in Zimbabwe.…
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Enhancing Sustainability Reporting in Zimbabwe: Introducing the IFRS S1 Standard
Sustainability reporting has gained significant momentum both in Zimbabwe and across the globe as companies strive to demonstrate their commitment towards environmental, social, and governance (ESG) issues. However, a key…
Continue ReadingFinancial Reporting implications of February 2 Monetary Policy Statement
The Reserve Bank of Zimbabwe (“RBZ”) released a Monetary Policy statement on the 2nd of February 2023 aimed at reviewing the current monetary policy measures and outlining the new measures…
Continue ReadingRegulators, practitioners speak on 2022 Financial reporting.
On Thursday 19 January 2023, Training and Advisory Services Chartered Accountants (TAS) held an online training session with practitioners and regulators to discuss the 2022 financial reporting issues that may…
Continue Reading2022 Financial reports,what to expect
As we start the year 2023, most people have a positive outlook to what it brings. However, we cannot look forward whilst completely ignoring our past. Having knowledge of the…
Continue ReadingArtificial intelligence , the end of accounting.
Einstein, with the uncanny future insight for which he was widely renowned, encapsulated the dichotomy that currently faces the accounting profession; embracing the world’s breathtakingly rapid technological advances without sacrificing…
Continue ReadingImpact of 2023 Annual budget on financial reporting
It is that time of the year which is busy for those in the financial reporting space; the time of the year comes with preparations for year-end financial reporting, strategy…
Continue ReadingWhy Sustainability reporting matters
Since the end of the 1990s, sustainability reporting has become an increasingly relevant topic in business and academia. There is constant talk of sustainability and climate change by consultants, executives,…
Continue ReadingExchange rate developments in financial reporting
Since 2016, Zimbabwe has experienced a litany of currency and exchange control reforms starting with the introduction of bond notes and coins, coming to a crescendo in February 2019 with…
Continue ReadingRole of Acumen in Financial Reporting
Majority of companies in Zimbabwe are preparing financial statements with some moving towards the preparation of integrated reports. In a complex and volatile environment, financial reports produced should be relevant…
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