WHO WE ARE

ORGANISATIONAL OVERVIEW

Foreword by the President of the SAICA National Council

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‘As the President of the Council, my foremost priority is to ensure that all members − approximately 54 000 of them − feel they are genuinely receiving value for their membership in this esteemed association. We recognise that each member’s contribution − both in financial terms and commitment − establishes the foundation for our collective success.’

Akash Singh
President of Council

I am delighted to present my report as President following my election to the National Council after the 2024 AGM. It is fitting to pay tribute and gratitude to Jacobus (Kobus) Swanepoel, my predecessor, who is often described as a pillar of dedication to academic excellence. It is also important for me to recognise all the members of Council and the various members of their regions, committees and constituents who volunteer their time to make SAICA and its work great.

At the outset, I acknowledge the significant responsibility entrusted to me in representing our members effectively. I am committed to upholding the essence of governance, ensuring appropriate structure, and facilitating robust communication between the Council and the Board. My passion for business and economic growth has propelled my advocacy for the Economic Blueprint, a cornerstone of our new strategic pillar for economic and social relevance.

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Value for Membership

The fact that our members invest significantly − thousands of rands annually − underscores their expectation for tangible benefits. This financial commitment demands enhanced services, resources, and opportunities tailored to their professional growth and development. At all times, SAICA must clearly articulate its value proposition, demonstrating the return on investment for members and ensuring they feel their contributions lead to meaningful outcomes.

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Increasing Member Participation in Strategic Processes

The appointment of our new CEO in 2024 creates a new journey and excited expectations of a new SAICA. This shift towards greater inclusion in decision-making reflects a transformation to a more democratic and participatory governance model.

By actively soliciting input from SAICA’s diverse membership − including accountants, financial managers, CEOs, directors of companies and operational professionals − SAICA cultivates a sense of ownership and alignment among members.

The Council (and member) input for the 2024 strategic development process was a vast improvement from the previous cycle. This engagement strengthens member loyalty, as they see their voices shaping the strategic direction of the 2024−2028 Strategy.

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Unity Among Diverse Member Constituencies

We remain acutely aware of the varying backgrounds and roles of our members, which present a challenge in addressing their diverse needs. SAICA has the opportunity to bridge gaps and cultivate common interests, ensuring everyone feels represented and valued.

Creating a cohesive community facilitates knowledge sharing and collaboration, ultimately strengthening SAICA as a whole. During 2024, significant effort was made to strengthen the Council’s collaboration in delivering the collective voice of the members, who own this organisation.

I look forward to leveraging this unity for the benefit of members in the coming months.

Shifting from Procedural to Strategic Functioning

Following the organisational review of SAICA post the formulation of the 2024−2028 Strategy, and as a key outcome of the ReCAlibrate project, SAICA plans to move from routine administrative tasks to more strategic initiatives. This evolution is particularly beneficial as it allows SAICA employees to engage in valuable, intellect-driven work that transcends mere compliance and administration. This shift also positions SAICA as a thought leader focused on innovation and progressive growth. The implementation of this new chapter will be well received by members, as it enhances the way they are served and ensures they receive value for their membership.

Enhancing Agility in Response to Member Needs

SAICA has the opportunity to elevate its agility in addressing member communications, queries, and concerns promptly. Members expect responsive service that prioritises their needs, reflecting a customer-centric approach. Implementing systems that enable efficient communication, and swift responses will enhance member satisfaction and strengthen the relationship between the Institute and its members. SAICA’s significant investment in Ushintsho and its digital transformation will be instrumental in driving this much-needed agility.

Investment in Technical Resources

SAICA is renowned for its outstanding technical work and increasing representation of its employees on crucial global and local committees. Continued investment in professional development and training opportunities for members serves a dual purpose: it enhances their skill sets while positioning SAICA as a leader in these vital areas. Keeping pace with industry developments is essential for maintaining relevance and supporting members in their professional journeys.

Recruiting Future Members

Attracting the next generation of accountants and financial professionals is vital for SAICA’s longevity and sustainability. We are aware of the importance of outreach efforts − such as math camps and educational initiatives − to promote early interest in accounting. Engaging with students, teachers, and parents creates a stronger pipeline for future members and advocates of the profession. Of particular importance is discouraging young learners from choosing ‘maths literacy’, as this limits their ability to pursue a career in accounting after school. While progress has been made, there is still much work to be done.

Ensuring Succession

Succession in our governance structures is gaining increased focus. While experienced members provide continuity, introducing new voices and perspectives is essential for driving innovation and adaptability. We recognise that achieving this balance is critical for SAICA’s long-term vitality and leadership excellence.

Streamlining Disciplinary Processes

Members desire a fair, timely, and humane approach to disciplinary actions, considering individual circumstances. Therefore, the need for modernisation and efficiency in handling these actions has received thoughtful consideration. Streamlining the process not only enhances the member experience but also upholds the organisation’s integrity, ensuring that standards are maintained without undue hardship on individuals. SAICA is currently working to streamline this process, and the Council looks forward to providing its input.

Sustainability Initiatives

SAICA is committed to addressing sustainability and emerging issues such as environmental concerns. We are expected to lead in these areas, providing members with the tools, knowledge, and resources necessary to navigate and comply with evolving standards.

As sustainability becomes increasingly vital in business practices, SAICA has made commendable strides in this area for its members, and further opportunities should be explored − particularly from a revenue-generating perspective − ultimately reducing dependency on member-based funding.

Future Outlook and Closing Thoughts

Looking ahead, along with my fellow councillors I will support SAICA in maintaining a forward-thinking strategic approach. This encompasses not only refining current strategies but also anticipating future challenges and opportunities within the profession.

Effective management of member expectations is paramount, especially given the significant investment of time, effort, and financial investments they have made. SAICA must be transparent about what it can deliver while actively striving to meet or exceed those expectations. This transparency builds trust and confidence among our members.

‘The outcomes of the year under review clearly demonstrate a collective desire for change and re-setting for this membership-based organisation − both in how SAICA operates and its engagement with members. By focusing on member experience, responsiveness, and embracing a broader strategic outlook, the Institute is well-positioned to deliver greater value, ultimately cultivating a more vibrant and engaged community of professionals.’

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Small adjustments can lead to big improvements when guided by clear metrics.

The ruler is one of the simplest yet most effective instruments of measure and calibration, symbolising precision, consistency, and alignment. By providing a clear, standardised scale, it enables accurate measurements, ensures uniformity, and acts as a guide for creating balanced structures. In the same way, organisations use frameworks like a ruler to assess performance, realign strategies, and measure progress against their goals.