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The Future of Accounting: Trends and Developments in the IT-Supported World of Finance

The Future of Accounting: Trends and Developments in the IT-Supported World of Finance

by Michael Fein | Aug 16, 2023 | News

Significance of IT in Accounting With the emergence of Information Technologies (IT), accounting practices have undergone significant changes. Manual bookkeeping and calculations in spreadsheets have been replaced by sophisticated accounting software and platforms...
The potential advantages that the Netherlands can offer to South African business ventures:

The potential advantages that the Netherlands can offer to South African business ventures:

by Michael Fein | Aug 1, 2023 | News

In last week’s article, we delved into the cultural and economic connections shared between South Africa and the Netherlands. Building upon that theme, this week’s article focusses on the potential advantages that the Netherlands can offer to South African...
Exploring the Cultural and Economic Ties between South Africa and the Netherlands

Exploring the Cultural and Economic Ties between South Africa and the Netherlands

by Michael Fein | Jul 25, 2023 | News

The historical relationship between South Africa and the Netherlands dates back to the 17th century when Dutch settlers arrived at the Cape of Good Hope. The establishment of the Dutch East India Company (VOC) in 1602 marked the beginning of Dutch presence in the...
IASB amends tax accounting requirements to help companies respond to international tax reform

IASB amends tax accounting requirements to help companies respond to international tax reform

by Michael Fein | Jul 4, 2023 | News

On 23 May 2023, The International Accounting Standards Board (IASB) issued amendments to IAS 12 Income Taxes. The amendments give companies temporary relief from accounting for deferred taxes arising from the Organisation for Economic Co-operation and Development’s...

Unlocking the Potential of Blockchain: ‘Implications for Auditors and Leading the Way in the Accountancy Profession with Essential Skills’

by Michael Fein | Jun 28, 2023 | News

The accounting profession is experiencing a transformative phase driven by emerging trends and technologies. One of the most influential technologies shaping the future of accounting is blockchain. This decentralized digital ledger has the potential to revolutionize...

Turbo Liquidation: An analysis of the ‘Temporary Act for Transparency Turbo Liquidation’.

by Michael Fein | May 10, 2023 | News

In the Netherlands, “turbo liquidation” refers to a fast-track liquidation procedure that is typically used for small companies or businesses that have ceased operations and have no assets or liabilities. The procedure is called “turbo” because...
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