Dealing with a Covid-19 Going Concern Dilemma IV

Tags: Auditing and consulting firms Reading Time: 3 minutes Our 4-part blog series on dealing with Covid-19 business challenges in the context of the going concern basis of financial statement preparation concludes with this as part IV. In this article, we explain the...

Dealing with a Covid-19 Going Concern Dilemma III

Tags: Auditing and consulting firms Reading Time: 4 minutes In our 4-part financial auditing blog series on going concern, we are discussing the potential impact of Covid-19 within the context of going concern. Parts I and II covered an explanation of going concern,...

Dealing with a Covid-19 Going Concern Dilemma II

Tags: Auditing and consulting firms Reading Time: 3 minutes In this 4-part series, the MMS Group is covering how to deal with Covid-19 in the context of going concern. In part I, we explained the meaning of going concern and what factors Management should consider in...

Dealing with a Covid-19 Going Concern Dilemma I

Tags: Auditing and consulting firms Reading Time: 4 minutes One of the most important decisions that need to be taken under IFRS during the process of preparation of financial statements of an entity and ahead of the financial auditing process, is whether to prepare...

Financial auditing & POPI | What you need to know

Tags: Auditing and consulting firms Reading Time: 3 minutes As a business owner, your operational concerns include security and the protection of personal information. The Protection of Personal Information Act or POPIA, came into effect 1 July 2021 and a grace period...