The SAICA Code of Professional Conduct


Posted 23rd July 2019 by Candice De Nobrega & filed under General,

The SAICA Code of Professional Conduct (CPC) addresses the fundamental principles any CA(SA) should adhere to. There are however many different roles a CA(SA) can perform in the work place and therefore there are many different situations a CA(SA) could be faced with that could affect compliance with these fundamental principles. The CPC splits the […]

Companies Act – Director and shareholder resolutions


Posted 19th July 2019 by Candice De Nobrega & filed under Auditing,

Companies Act – Director and shareholder resolutions: Below is a summary of the requirements for director and shareholder resolutions. Watch the video for a detailed explanation and for guidance on the example.   Directors Shareholders Notice As set out in MOI 10 days (Pty) Ltd & 15 days Ltd Quorum Majority directors present At least 25% […]

Interview with Tinotenda Barwe


Posted 20th June 2019 by Roulon du Toit & filed under General,

Tinotenda Barwe was a CA Campus student in 2018. Tinotenda was ranked number 4 out of Unisa’s Top 20 for 2018. He obtained distinctions in management accounting and tax. He also achieved the position of top TAX4862 student at Unisa in 2018. Where are you currently working and in what position? I currently work at […]

Interview with Nicholas Pasifakis


Posted by Roulon du Toit & filed under General,

Nicholas Pasifakis was a CA Campus student when he completed his CTA in 2018. Where are you currently working and in what position? I am currently working at EY as a first year trainee. Why do you want to become a CA (SA)? I have always had a passion for accounting, figures and business as […]

The audit approach


Posted 4th June 2019 by Candice De Nobrega & filed under Auditing,

Initial audit approach During the planning stage of the audit, the auditor performs risk assessment procedures in order to understand the entity, it’s environment and internal control. With this understanding the auditor is able to identify risks of material misstatement. These are risks that could affect the fair presentation of the balances and class of […]

Interview with Ursula Trouchet


Posted 10th May 2019 by Roulon du Toit & filed under General,

Urusula Trouchet was a CA Campus student when she completed her CTA. She is currently preparing for SAICA’s June 2019 ITC. Where are you currently working and in what position? I am an audit senior in a medium-sized auditing firm. Why do you want to become a CA (SA)? I wanted a qualification that was […]

Interview with Tyrone Joubert


Posted 26th April 2019 by Roulon du Toit & filed under General,

Tyrone Joubert completed his CTA in 2017. He wrote, and passed, SAICA’s ITC in 2018 and is currently preparing for his final exam, SAICA’s APC. Tyrone worked a full time job during his studies. In this interview we ask him about his life, his journey thus far and whether he has advice for students studying […]

Disposal of a primary residence


Posted 5th March 2019 by Roulon du Toit & filed under Taxation,

DISPOSAL OF A PRIMARY RESIDENCE The disposal of a primary residence is an important topic in Capital Gains Tax (CGT) for any CTA student. It is a fairly simple section but there are some areas that often challenge students, such as the application of paragraphs 47 and 49.   In the video below, we discuss […]

CA Campus full programme structure


Posted 31st January 2019 by Sara du Toit & filed under General,

Both lectures and tutorials are equally important to the learning process. CA Campus lecturers start by covering the theory (rules, principles, legislation, etc.) and then demonstrate how to apply the theory by working through tutorial questions. Too many students make the mistake of trying to study from questions. By doing this you will only cover […]

What makes CA Campus unique?


Posted 7th January 2019 by Sara du Toit & filed under General,

  If you would like to know why CA Campus is unique then this blog entry is for you!   CA Campus is the leader in online CTA support. We have been delivering online support to Unisa CTA students successfully for four years. We use the best technology to record and deliver our classes. Our […]

UNISA CTA results are out!


Posted 10th December 2018 by Roulon du Toit & filed under General,

The UNISA CTA results are out. Some of you are celebrating. Some of you are disappointed, shocked. Whatever you are feeling, know this: Your journey is not over.   IF YOU PASSED… “Success doesn’t come to you, you go to it.” – Marva Collins First, congratulations. You’ve worked hard. You’ve beat the odds. If you were Level 1 […]

CA Campus bursary


Posted 5th November 2018 by Candice De Nobrega & filed under General,

CA Campus is giving away bursaries for our 2019 CTA programme. Our programme: CA Campus provides online support for UNISA CTA level 1 and 2 students. Who can apply for a CA Campus bursary? Any student that is registered at UNISA for CTA Level 1 or CTA Level 2. Where must you be situated? Because the […]

AN IMPORTANT ASSUMPTION OF COST-VOLUME-PROFIT ANALYSIS


Posted 20th June 2018 by Sara du Toit & filed under Management Accounting,

  This blog entry includes an example which illustrates how it is possible for a company to report profits in their annual financial statements when they sell less units than the breakeven point.   ILLUSTRATIVE EXAMPLE:   You are the management accountant of King Enterprises and you correctly calculated the breakeven point (in units) as […]

Audit approach


Posted 8th June 2018 by Candice De Nobrega & filed under Auditing,

Initial audit approach During the planning stage of the audit, the auditor performs risk assessment procedures in order to understand the entity, it’s environment and internal control. With this understanding the auditor is able to identify risks of material misstatement. These are risks that could affect the fair presentation of the balances and class of […]

Comparison of accounting treatment of different types of assets


Posted 24th May 2018 by Roulon du Toit & filed under Financial accounting,

  Students are often confused by the different types of assets and the treatment required by IFRS. In an exam or test, you must be able to identify the different types of assets and the correct accounting treatment. In the video below, Bianca Nel CA (SA) will revise basic principles and look at the key […]

How to calculate dividends from Liquidations


Posted 17th May 2018 by Roulon du Toit & filed under Taxation,

Students often find it difficult to answer a liquidation question. This should not be the case. In order to answer a liquidation question you need to know how to calculate normal tax for a company. You are also required to understand the calculation and implications of dividends tax. To calculate the dividend that is distributed […]

Cost-Volume-Profit Analysis (multiple product breakeven calculations):


Posted 3rd May 2018 by Sara du Toit & filed under Management Accounting,

Cost-volume-profit analysis is an extremely important topic which is examinable in Test 3 for Unisa CTA students. One of the assumptions of cost-volume-profit analysis is that if a range of products are being sold the sales will be in accordance with a predetermined sales mix. The illustrative example below covers the most important principles to […]

Applying the CPC to aspiring CA’s


Posted 26th April 2018 by Candice De Nobrega & filed under Auditing,

Section 100.1 of the Code of Professional Conduct (CPC) states that “a distinguishing mark of the accounting profession is its acceptance of the responsibility to act in the public interest”. Compliance with the CPC will ensure this and therefore all chartered accountants and aspiring chartered accountants should observe and comply with the CPC. The CPC […]

Recognise revenue using the 5-Step Model of IFRS 15?


Posted 22nd March 2018 by Roulon du Toit & filed under Financial accounting,

IFRS 15 is the new financial standard on revenue recognition and replaces IAS 18 and all related pronouncements. How do we apply IFRS 15? As a CTA student who will be writing SAICA’s Initial Test of Competence (ITC) in the near future, this is a question you must be able to answer. Remember, as a […]

Non-residents and interest


Posted 2nd March 2018 by Roulon du Toit & filed under Taxation,

In this blog entry we are doing revision on non-residents and interest. This is an area where students often make mistakes. You don’t have to! It is easy to understand and score marks when looking at non-residents and interest.   Be sure to watch the video where we go through the steps and provide a […]