Corporate governance is the foundation upon which successful enterprises are build on and economies have made strides to provide frameworks for corporate governance practices. In Zimbabwe although behind, strides have…
Continue ReadingWhat you need to know about accounting for Bitcoins – PART 3
As mentioned in Part 2 of this series of articles, this part aims to discuss the issues around the class of asset that Bitcoins fall under. In Part 2, we…
Continue ReadingWhat you need to know about accounting for Bitcoins – PART 2
Part 1 of this article gave an understanding of what Bitcoin is. From all the research and analysis of this financial reporting “nightmare”, an in-depth analysis is needed. Whilst most…
Continue ReadingFive ways IPSAS will transform Zimbabwe
The demand for transparency and accountability in the public sector continues to grow with an increasingly informed public. Zimbabwe once a vibrant and diversified economy is in the midst of…
Continue ReadingFive things you need to know about IPSAS
On 31 August 2017, the Public Accountants and Auditors Board (PAAB) hosted a roundtable discussion to gather views on whether Zimbabwe should adopt the International Public -Sector Accounting Standards (IPSAS).…
Continue ReadingIFRS 15 – WHAT DOES IT MEAN? IS MY BUSINESS READY?
I am sure that we are all aware that the new standard prescribing the accounting treatment of revenue is about to be in effect soon, if not, I suggest you…
Continue ReadingWhat you should know about the new leases standard (IFRS 16)
The International Accounting Standards Board (IASB) issued the new standard on leases – IFRS 16 – in January 2016 with an effective date of 1 January 2019. This new standard…
Continue ReadingWhat you need to know about accounting for bitcoins?
The first time I heard the phrase blockchain technology was over the holidays when my husband was talking to his cousin. I was not about to show my hand that…
Continue ReadingCORPORATE GOVERNANCE ZIMBABWE: WHERE ARE WE NOW? -Part 2
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…
Continue ReadingEvaluation 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.…
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