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Young CAs – Should the accountancy profession embrace Comprehensive Regulation?

Imagine a crew about to make a blockbuster movie. Who’d be in the team? There would be people of different skills such as main actors, supporting cast, the producer, the director, cameramen, costume designers, special effects specialists, personal assistants, screenwriters etc. Why am I talking about the making of movies? Because it made me think…

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Part IV – Young Chartered Accountants (CAs) – Beware: The dangers of “pretending not to see”

After delivering the 18th Nelson Mandela lecture, UN Secretary General Antonio Guterres was asked whether rich people were interested in the equitable distribution of global wealth. He said: “I do not trust necessarily the generosity of people. I trust the enlightened self-interest.” This simple but profound message made me reflect on our profession’s current state.…

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Part I – The Story / Experience

One Friday morning our division supervisor informed me that I had been allocated to assist an audit team in completing their work. This temporary assignment was to start the next Monday. At that time, I worked in the department that was responsible for maintaining accounting records for, mainly, small businesses and trusts and estates. I…

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