The Zimbabwean government announced a tax amnesty to defaulting clients in a bid to encourage them to regularize their tax affairs. The amnesty is said to cover individuals, companies and…
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New Companies Act: Are you prepared?
In 2016, the government of Zimbabwe through the Office of the President and Cabinet (OPC), embarked on a project targeted at improving the ease of doing business in Zimbabwe. One…
Continue ReadingKey audit matters: Unlocking secrets of the external audit
The International Auditing and Assurance Standards Board (IAASB), which is the global regulator of accounting practices, finalised its process of revising auditor reporting standards in 2015. This resulted in the…
Continue ReadingCorporate Governance Zimbabwe – The final edition
The last 3 chapters of the Code deal with Compliance and Enforcement, Stakeholder relationships and the role of government in corporate governance. They tackle the importance of compliance and the…
Continue ReadingCorporate Governance Zimbabwe: Information management and corporate conflict prevention and resolution
This blog focuses on two of the five remaining chapters of the Code on Corporate Governance (The Code). We will look at the chapters at a high level to understand…
Continue ReadingCORPORATE GOVERNANCE ZIMBABWE: WHERE ARE WE NOW? -Part 3
In the preceding parts of this article, the focus was on where Zimbabwe is, in terms of corporate governance and also some of the key parts within the National Code…
Continue ReadingCorporate Governance Zimbabwe: Where are we now?
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…
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