Southtechreviews

South African enterprises are in the midst of a significant transformation, accelerated by the COVID-19 pandemic and the ongoing digitalisation of services and processes. Given the key role digitisation has had on the way organisations conduct their electronic transactions and financial reporting, the CFO’s role in ensuring compliance and good governance has never been more important.   In the past, the role of the CFO has been about ensuring accounting and reporting of past activities and booking transactions appropriately. Today, the role of a CFO covers several areas and responsibilities, from financial information and reporting to controlling costs, reporting on efficiency and performance and most importantly, compliance.   Listed entities have a further requirement from the Johannesburg Stock Exchange (JSE). This is a result of the introduction of paragraph 3.84 (k) of the JSE Listing requirements in December 2019, effective for issuers with a year end on or after 31 Dece...