Meditari Accountancy Research: Volume 9 Issue 1
Table of contents
The financial accountability of HIV/AIDS
K. Barac, J. OtterHIV/AIDS has implications of varying severity across a wide spectrum of businesses in South Africa. Financial accountability is therefore required to enable investors and other…
Pre‐qualification education of registered accountants and auditors in South Africa: Perspectives on whether the education process is normatively justifiable
W.J.J. BothaIn order to ensure that registered accountants and auditors (RAAs) discharge their functions in the public interest, the RAA profession, through its governing bodies, should…
The relationship between the new IIA Standards and the internal auditing profession
G.P. Coetzee, R. du BruynThe Institute of Internal Auditors is in the process of developing new standards for the internal auditing profession. The first set of these standards will be implemented with…
Industry differences in respect of corporate environmental reporting in South Africa: A research note
C.J. de Villiers, D.S. LubbePrevious research has revealed industry differences in respect of environmental reporting in South Africa. However, these studies concentrated on particular types of environmental…
An innovative approach to accounting education at the first‐year level
J.H. de Wet, M.C. van NiekerkIn an educational environment in which global trends prompt educators to consider alternative approaches to teaching and learning, new ways should be found to educate more…
The impact of inflation and stock prices in two SADC countries
J.M. Geyser, G.A. LowiesEconomic events and key economic variables affect stock markets on a daily basis. Inflation is one such economic variable that influences share prices to some extent. This article…
The general meaning of “extenuating circumstances” for the purposes of section 76(2)(a) of the Income Tax Act
G.K. GoldswainThe additional tax (referred to as a “penalty” by the judiciary), which may be imposed in terms of section 76(1) of the Income Tax Act (“the Act”) when a taxpayer is in default…
Reliance on professional and non‐professional advisors or staff as a defence to the imposition of penalties in income tax matters
G.K. GoldswainMany taxpayers rely on their advisors to look after their tax affairs. In spite of this reliance, taxpayers still find themselves in default for the purposes of section 76(1) of…
The influence of full compliance with the Companies Act on the knowledge‐creating potential of the directors’ report
D.G. Gouws, C.J. CronjéAccounting is a complex system, comprising numerous items and transactions that are interrelated in various ways. Management’s decisions are reflected in accounting information…
The use of grounded theory in accounting research
N. Kirk, C. van StadenIn this paper, grounded theory is investigated and applied to research on electronic commerce in order to demonstrate its use and potential limitations in accounting research…
The informativeness of voluntary disclosure in the annual reports of listed industrial companies in South Africa
J.E. MyburghUsers of annual reports require an extensive range of financial and non‐financial information, whether mandatory or voluntary, in order to assess the fair value of an investment…
Equity index futures contracts and share price volatility: A South African perspective
I. Nel, W. de K KrugerThe purpose of this research is to determine whether the trading of equity index futures contracts on the South African Futures Exchange (SAFEX) results in an increase in the…
Problems in respect of adherence to disclosure requirements regarding interim financial reporting in South Africa ‐ An overview and recommendations to solve these problems
J.G.I. Oberholster, M.J. NieuwoudtFor years, interim financial reports in South Africa were regulated by the South African Companies Act No. 61 of 1973 (as amended) (i.e. statutory requirements) and by the…
Is management accounting theory breaking free from the shackles of neo‐classical economics? A South African perspective
M. ShotterTo the extent that management accounting is based on neo‐classical economics, all decision‐making is assumed to be rational, aimed at utility or profit maximisation and all…
Constitutionality and the Income Tax Act
L. van SchalkwyYears ago, the Katz Commission questioned the constitutionality of certain provisions of the Income Tax Act, 1962. The purpose of this article is to investigate the general…
The balanced scorecard as a potential instrument for supporting the planning and improvement of accounting education in South Africa
F.N.S. Vermaak, C.J. CronjéThis paper illustrates the potential of the balanced scorecard as an instrument for accounting educators to guide, stimulate and sustain efforts in respect of planning and…
Financial performance of environmentally responsible South African listed companies
H.C. Wingard, Q. VorsterThe problem investigated is whether there is a positive relationship between the environmental responsibility and the financial performance of South African listed companies. The…
Postgraduate education in taxation by means of a flexible learning model: A new educational paradigm
H.P. WolmaransThe Internet is becoming increasingly important in our daily lives. So, too, is the ease of communication by means of television. The power of these two technological tools in…
Investment management education: Is there a gap between the perceptions of academics and of practitioners?
H.P. WolmaransIn recent years, investment management education has become increasingly relevant. As a result of this development, it is essential that various role players should be consulted…