Loading...
See More

Accountants rule JSE roost

Apr 14 2011 15:45 Sapa

Related Articles

Review audit system, urge accountants

Private firms should choose audits: Saica

Accountants urge smoother tax regime

Saica welcomes Companies Act postponement

Dodgy accountants may be jailed

Accountants to assist councils

 

Cape Town - About a third of the chief executives of the 194 top listed companies on the Johannesburg Stock Exchange are chartered accountants, the SA Institute of Chartered Accounants (Saica) said on Thursday.

It said it had completed a comprehensive update of the JSC's database of directorships which showed that 32% of CEOs and a further 32%, or 692, of directors at the top listings were qualified chartered accounants.

In contrast, 9.8% of board directors held an MBA.

Saica chief executive Matsobane Matlwa said the findings debunked the myth that qualifying as a chartered accountant only served to prepare students for careers as auditors, accountants or corporate specialists.

"Clearly the business sector is increasingly appreciating the extraordinary business value they can derive from the expertise of the nation's most sought after business qualification.

"South Africa's chartered accountants are leaders in business in many diverse roles. There is no better qualification for aspiring corporate tycoons, innovative entrepreneurs or captains of industry."

saica  |  jse
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
12 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...