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South Africa Accounting News. Service for global professionals. Constantly updated news and information about South Africa.
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Latest South Africa Accounting News

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  • Corruption in South Africa: Stop that virus 9 Feb 2010 17:53 GMT
    ... public contracts; and better protection for local-authority accounting officers, who are often suspended or dismissed ... corruption from Transparency International, a Berlin-based monitor, South Africa does quite well, coming 55th on a list ... compensate for past suffering under apartheid. Many South Africans seem relaxed about it. Whether Mr Zuma ...

  • Arch Announces South Africa Office 9 Feb 2010 18:54 GMT
    ... it has launched Arch Underwriting at Lloyd's (South Africa) (Pty) Ltd. Arch Underwriting at Lloyd's is ... wire, Insurance, , new york, Medical, Consulting, Accounting and other Professional Services, Banking and Finance ...

  • Arch Announces South Africa Office (BIZ) 9 Feb 2010 18:27 GMT
    ... (South Africa) is managed by Steve Fogarty, Regional Director ... acquire into the existing operations; changes in accounting principles or policies; material differences between actual ...

  • EA Reports Third Quarter Fiscal Year 2010 Results 9 Feb 2010 00:32 GMT
    ... to the quarter ended December 31, 2008) GAAP net revenue for the quarter, which includes ... World X SPORTS 2010 FIFA World Cup South Africa X X Tiger Woods PGA TOUR 11 ... taking into consideration any allocations made for accounting purposes. Because the purchase price for an ...

  • Another Mbeki-ite gets the chop... 9 Feb 2010 08:50 GMT
    ... writes that Makhura he arrived back in South Africa from exile "in February 1992 and was ... the man's power and influence. Khoza is South African football's hard man. He is variously known ... my family, the ANC, the Alliance and South Africans in general." The president's apology led almost ...

  • DA allegations against Metrorail unfounded - PRASA CEO 9 Feb 2010 14:10 GMT
    ... 7 2010 The Passenger Rail Agency of South Africa (PRASA), the parent company to Metrorail, has ... effect on the shortfall every year. This accounting treatment i.e. compliance with GAAP, has created ... to the growth and development of the South African economy. I am therefore not surprised and ...

  • Crucell Announces Record Revenues and Profits for Full Year 2009 9 Feb 2010 07:14 GMT
    ... the University of Cape Town Lung Institute, South Africa in conjunction with the South African Tuberculosis Vaccine Initiative. In this dose escalation ... the new site in Korea. Change in accounting policy As of January 1, 2009, Crucell ...

  • Crucell Announces Record Revenues and Profits for Full Year 2009 (MRW) 9 Feb 2010 07:30 GMT
    ... being conducted by the University of , South Africa in conjunction with the South African Tuberculosis Vaccine Initiative. In this dose escalation ... of January 1, 2009, Crucell changed its accounting policy of recognizing actuarial gains and losses ...

  • BAE Settles Charges With UK Fraud Office, US DoJ 9 Feb 2010 04:30 GMT
    ... in countries like Saudi Arabia, Tanzania, and South Africa. Nevertheless, the UK does have laws to ... the Czech Republic as open investigations. The South African deal for Gripen fighters and Hawk advanced ... cites BAE for mere procedural failings or accounting procedures, such as the tax treatment of ...

  • Larox corporation financial statement release larox group financial statement 2009 9 Feb 2010 09:16 GMT
    ... The euro, U.S. dollar, Australian dollar and South African rand are Larox's main invoicing currencies. Larox's ... one fatal accident in Larox's subisidiary in South Africa, causing the death of one employee of ... amounts consist mainly of financial lease, hedging accounting and foreign exchange rate differences. Internal reporting ...

  • Solace amid shame of UK arms deal ruling 9 Feb 2010 06:10 GMT
    ... THE decision this weekend by Britain’s Serious Fraud Office ... truth will never become known about the South African arms deal, enough was revealed to give ... The fourth step forward is that we South Africans have lost our innocence. Foreigners bearing gifts ...

  • EA Financial Result Reveals 2010/2011 Lineup 9 Feb 2010 00:59 GMT
    ... Fly/Epic, and "something far-reaching from Mass Effect." GAAP net revenue for the quarter, which includes ... June 30, 2010 2010 FIFA World Cup South Africa (Console, Handheld) Tiger Woods PGA TOUR 11 ...

  • Financial Statements Review January-December 2009 9 Feb 2010 07:14 GMT
    ... Copyright © Hugin AS 2010. All rights reserved. OUTOTEC ... value in excess of EUR 10 million, accounting for 68% of the total backlog. According ... Australian dollar, Brazilian real, Canadian dollar, and South African rand. The weight of any given currency ...

  • Risk management 'needs improving' 9 Feb 2010 05:54 GMT
    ... COMPANIES need to improve their oversight of risk management ... in the wake of the financial crisis, accounting analysts warned yesterday. The market had adopted ... project director for financial services at the South African Institute of Chartered Accountants (Saica), said the ...

  • Claire's Stores, Inc. Announces Selected Preliminary, Unaudited Fiscal 2009 Fourth Quarter and Full Year Results 9 Feb 2010 21:35 GMT
    ... are not measures of financial performance under GAAP, are not intended to represent cash flow ... stores in the Middle East, Turkey, Russia, South Africa, Poland and Guatemala. This press release contains ...


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