PKF in South Africa

PKF in South Africa We are a global network of legally independent firms providing high quality audit, accounting, tax and business advisory solutions.

For over a decade, many South African SMEs stayed in their "comfort zone" by sticking to IAS 39 principles for loans and...
01/06/2026

For over a decade, many South African SMEs stayed in their "comfort zone" by sticking to IAS 39 principles for loans and receivables. It was familiar, predictable, and frankly, what we were all used to.
On 1 January 2027, that comfort zone officially closes its doors.

The revised IFRS for SMEs sweeps away old labels like "available-for-sale" and "held-to-maturity." Instead, we’re moving to a modernised, two-category model: Amortised Cost or Fair Value through Profit or Loss.

For many, this means:

- Volatility: Fluctuations in equity investments will now hit your profit or loss directly.
- Cash Flow Focus: It’s no longer about what you call the instrument, but the nature of the cash flows it generates.
- Deep Dives: Related-party loans and intercompany balances will require much closer scrutiny.

The transition isn't just a naming exercise; it’s a rethink of how your balance sheet reflects reality. KC Rottok Chesaina explores why letting go of IAS 39 is the first step toward more transparent reporting.

Prepare for the transition: https://www.pkf.co.za/news/2026/the-end-of-ias-39/




Everyone talks about “getting experience”, but not all experience hits the same. At PKF, you’re not just observing, you’...
29/05/2026

Everyone talks about “getting experience”, but not all experience hits the same.

At PKF, you’re not just observing, you’re involved. Learning fast, asking questions, and actually growing into the role.

If you're in your BAcc, PGDA, Honours or CTA phase, this is where things start to click.

Take a closer look at what your future could look like: https://www.pkf.co.za/careers/training-contracts/

Wishing you a meaningful Eid al-Adha, one of faith, sacrifice, and unity that lasts.
27/05/2026

Wishing you a meaningful Eid al-Adha, one of faith, sacrifice, and unity that lasts.



Today’s SAICA On-The-Couch session brought together sharp voices, challenging perspectives, and a clear message for the ...
26/05/2026

Today’s SAICA On-The-Couch session brought together sharp voices, challenging perspectives, and a clear message for the profession:

The future CA won’t be defined by how much they know - they’ll be defined by how well they think, question, adapt, and lead in a world where technology is moving faster than ever.

For Waldek Wasowicz, CEO of PKF in South Africa, one key idea stood out:
“To be CAs of the future, we need to become critically and authentically human.”

Thank you to SAICA for hosting a powerful and timely conversation, and to Dion Chang, Khaya Sithole CA(SA), Yasmin Forbes CD(SA), and Lebogang Senne CA(SA) for the insight, honesty, and depth brought to the discussion.

The future of the profession is changing. The real opportunity is to shape it.





25/05/2026

Paul Gering, Tax Partner at PKF Durban, breaks down where tax disputes are won or lost.

Timing, process, and early action matter more than most taxpayers realise - miss the details at the start, and the cost only compounds later, and this is what this episode of The Insight Scoop is all about!

It’s a practical look at how to stay ahead of disputes, instead of chasing them.

https://www.pkf.co.za/




Today we celebrate a continent rich in culture, innovation, and possibility. From Cape Town to Cairo, vision lives here....
25/05/2026

Today we celebrate a continent rich in culture, innovation, and possibility. From Cape Town to Cairo, vision lives here. Ambition grows here. And the future is being built right here.




The AI conversation is bigger than technology. It’s about leadership under pressure. Decision-making in uncertainty. Bu...
25/05/2026

The AI conversation is bigger than technology.

It’s about leadership under pressure. Decision-making in uncertainty. Building businesses that can adapt without losing their humanity.

That’s why, on 26 May 2026, PKF South Africa CEO Waldek Wasowicz will be part of SAICA’s Pre-AGM leadership conversation hosted by futurist Dion Chang.

As industries rethink how they operate, conversations like these matter more than ever, not only for the profession but for the future of business itself.


22/05/2026

Cecelia Barnard, Director at PKF Cape Town, shares the financial habits that separate reactive businesses from resilient ones.

In this Episode of The Insight Scoop, she unpacks why successful business owners stay close to their numbers, plan for obligations like tax and VAT, and treat their accountant as an ongoing strategic partner rather than a once-a-year necessity.

Better financial decisions start with paying attention before problems appear.

https://www.pkf.co.za/




Running a business means juggling a lot, payroll compliance shouldn’t be the thing that trips you up.With the 31 May dea...
22/05/2026

Running a business means juggling a lot, payroll compliance shouldn’t be the thing that trips you up.

With the 31 May deadline coming up, your PAYE, UIF, SDL and employee tax certificates all need to reconcile properly. It’s one of those details that’s easy to overlook… until it matters.

We keep tabs on it all so you don't have to drop everything last minute and panic-check your numbers.

See how we simplify payroll and compliance: https://www.pkf.co.za/services/cloud-accounting-pkf-ignite/





21/05/2026

Marius Strydom, Managing Partner at PKF Cape Town, shares the leadership principles that shape both strong teams and strong client relationships in this episode of The Insight Scoop.

For him, leadership is about creating an environment where people feel valued, supported, and trusted to grow.

Grounded in transparency, collaboration, and accountability, his approach is centred on empowering people while maintaining a culture where excellence and integrity remain non-negotiable.

https://www.pkf.co.za/




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