Africa: Accounting and Audit

Almost by definition the experienced offshore practitioner has to be proficient (if not always an expert) in all manner of legal, accounting, taxation, regulatory and general business matters. That is to say nothing of being a mentor, confidante and occasional psychologist to one’s clients.

Mauritius is widely known for its Global Business Licence companies and its wide network of double taxation treaties within the framework of a well regulated International Financial Centre.

It is not easy to obtain an order for costs in the tax court, still less to get a punitive one against the South African Revenue Service (SARS).

The Minister of Communications recently published the proposed Cryptography and Accreditation Regulations, which, among other things, will oblige providers of encryption services and products (cryptography providers) to supply highly detailed information about themselves and their services.

The use of hard copy printouts of documents stored on computers has long been a bugbear for banks, insurance companies and anyone else wishing to present evidence from its computer system in order to prove a claim.

As an accountant working in a legal firm, I have a unique perspective on the financial and legal implications of central bank policies in Nigeria and Kenya.

On 20 December 2024 the President assented to the Global Minimum Tax Act (the Act) which applies from 1 January 2024, and enables South Africa to impose a top-up tax...

In the last two decades, accounting technology has seen remarkable growth, moving from manual ledger books to powerful cloud-based software...

Conducting business in Nigeria may present a range of complexities, particularly for companies engaged in cross-border transactions.

In the early part of this decade, the global landscape was revolutionized by the COVID-19 pandemic which led to a change in companies' business strategy. The pandemic forced the organizations to switch to remote work.

On September 24, 2024, Senator Ed Markey introduced the AI Civil Rights Act, marking a significant step in the United States' approach to regulating artificial intelligence (AI) and protecting civil rights.