timesheet issue 2
TRANSCRIPT
The TIMEsheet
WORLD CUP AT BDO
CHINESEVISIT BDO
Get the LOWDOWNOn our new directorsOffice updatesBCom Connect
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Issue 2 2010
Page 2Timesheet
be the new BDO regional office in Cape Town.
Having a firm with the quality, reputation and energy of Cameron & Prentice join BDO will ensure that we are well-positioned to service our existing clients in the Cape, as well as our ever-increasing client base with operations across the country. The added strength of Cameron & Prentice means greater capacity for us and our clients.
This exciting development marks a new era for our firm. Since 1971 C&P have proudly served the Cape community. They are now looking forward to expanding their range of services as well as capitalising on the opportunities that being part of the world’s 5th largest accounting network brings.
With this merger, we are firmly on the way to ensuring that BDO has the critical mass and is a leader in our chosen market segments in the accounting profession in South Africa.
John Spencer CEO
BDO merges with Moore Stephens (Jhb) and Cameron & Prentice (CT)
They say that all good things come in threes and if this is to be believed, Louis Oosthuizen’s win at St
Andrews started a very good run for us. The other two good things were, of course, the completion of a superb World Cup and our recent merger with Moore Stephens (MS) in Johannesburg and Cameron & Prentice (C&P) in Cape Town.
The partners of MS have been known to us for decades and we have over the years had numerous talks with them about putting our practices together. I had a call from one of their retired partners, Craston Wilson, who left 15 years ago and all he said was “at last!” He knows as well as we do what a good fit the merger is. Not only because of the complementary skills in the various business lines but also both firms have the same culture and subscribe to the same set of values.
We are proud to announce that the two firms will join forces to create a stronger Johannesburg-based entity with effect from 1 September 2010. The new combined firm will continue to operate under the BDO brand name and be associated with the BDO International network.
The amalgamation will boost the number of partners and directors operating in Johannesburg to over 35 and the number of total staff to 400, with 10 new partners joining BDO from Moore Stephens.
In addition to traditional Audit & Accounting services, the combined firm will create a formidable non-audit service offering - specifically in the Tax and Corporate Finance arena. Probably the largest and most specialised outside the big firms.
In fact ,the expanded Corporate Finance team’s combined offering will rival that offered by any of its competitors in the South African market. Moore Stephens Corporate Finance is one of South Africa’s top-ranked Corporate Finance firms, having been ranked fourth overall by transaction volume in the 2010 DealMakers survey of South African Corporate Finance activity, and number one amongst the accounting networks.
This will put BDO in a unique position where we will now offer a strong Corporate Finance and Risk Advisory service to complement our well established Audit, Accounting, Tax, Wealth Advisory and Fiduciary services.
We have always been a proponent of greater choice in the marketplace, and the added strength of Moore Stephens in Johannesburg means that there is greater capacity available to both us and our clients.
With this merger we are signalling the start of our strategic ambition to ensure that BDO becomes a leader in all our chosen markets in South Africa.
We need expertise and critical mass and are following a course to achieve this in the medium term.
As a member firm of BDO International, one of the key global accounting networks in the world, we are committed to building a sustainable firm that will benefit our people, our community and our country for decades to come.
With effect from 1 September 2010, Cameron & Prentice, a 6 partner practice based in Cape Town will merge with BDO, and will
TimesheetPage 3
New Partners/Directors and Associates Johannesburg Cape Town
PretoriaDurban
UP Thuthuka 4DEF ChallengeOn 23 July the University of Pretoria held the Thuthuka 4DEF Challenge. BDO participated in the day as a sponsor.The Thuthuka 4DEF Challenge is a student driven initiative aimed at bringing the 1st and 2nd year Thuthuka students together to engage in different learning activities and also seeks to expand the financial and business knowledge of the students, through fun and exciting teamwork activities. The 4DEF Challenge plays an important role in training the CA’s of the future.
Graeme RigbyChief Financial Officer
Finance & Admin
Andrew NaudeDirector
Corporate Finance
Bonita de WetPartner
Audit
Christo TheronPartner
Tax
Fred Bruce-BrandPartner
Audit
Derek IrishPartner
Audit
James RobertsDirector
Risk Advisory Services
Andrew Rees-BevanPartner
Audit
Shaun FisherPartner
Audit
Elriette ButlerAssociate
Tax
Jonathan MaehlerPartner
Advisory Services
Willem OberholzerPartner
Tax
Candice WhitefieldPartner
Audit
Peter PrenticeDirector
BSD
Ian StathamDirector
Tax
Marty SantanaDirector
Tax
Antonie van der HoekPartner
Audit
Boryana MintchevaPartner
Audit
Jana BothaAssociate
Tax
Bert LopesPartner
Audit
Chris NorrisPartner
Audit
Olivier BarbeauPartner
Audit
David WarnekeDirector
Tax
Nico KrugerAssociate
Tax
Deidre MeursAssociate
Statucor
Roxanna NyiriDirector
Tax
Ahmed MoosaPartner
Audit
Nick LazanakisDirector
Corporate Finance
Shohana MohanAssociate
Tax
Robbie CheadleDirector
Corporate Finance
Page 4Timesheet
New businessDurban
Airtronic Spares External audit 30,000
Aqua Plant & Transport External audit 40,000
Ivory Holdings Group (SATIB) External audit 427,000
Joint Medical Holdings External audit 100,000
Keep a Child Alive External audit 45,000
642,000
Pretoria
African Nickel SA External audit 100,000
Andulela Investment Holdings External audit 150,000
Credenda Investment Holding External audit 100,000
Magna Group External audit 300,000
650,000
Johannesburg
African Rainbow Minerals (ARM) Transfer pricing 90,000
Ardex Group External audit 40,000
Arik Air External audit 185,000
Avnet Group External audit 291,500
Bercut SA Transfer Pricing 100,000
Cell C Tax 1,000,000
DraftFCB Corporate tax 60,000
Harith Fund Managers Internal audit 500,000
Impala Platinum Supplementary Pension Fund
External audit 125,000
Industrial Development Corporation VAT 50,000
Italtile Transfer Pricing 150,000
Jupiter Drawing Room PAYE 1,000,000
Liberty Life PAYE 250,000
Marsh SA VAT 125,000
Motseng Investment Holdings External audit 750,000
Netcare VAT 50,000
Neural Telecoms External audit 130,000
Protech Khuthele International tax 20,000
Sandvik Forensics 200,000
Stefanutti Stocks Expatriate tax 100,000
Thebe Securities Business process 200,000
Verimark Holdings Forensics 75,000
Wesizwe Platinum Internal audit and governance
400,000
5,891,500
GRAND TOTAL 7,183,500
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MARKETING & MEDIA UPDATE
BDO’s media superstars
Media exposure
BDO has received some excellent media coverage over the last few months. Our recent successes include radio interviews on 702 Talk Radio and Classic FM as well as TV interviews on CNBC Africa, Summit TV and e-News.
We would like to congratulate our superstar spokespeople on their media success and thank them for their participation and effort in assisting marketing to promote the BDO brand.
All the broadcasts have been added to the BDO website. If you would like to view and listen to any of the interviews, please visit www.bdo.co.za and click on the Press tab.
Here are some of marketing’s successes
achieved in the last quarter:
Coverage includes:
2009 2010
Coverage received (Jan-August) R5,720,000 7,104,000
World Cup Hockey 3,125,000
Company fraud and theft – Article and interviews by James Roberts 362,500
SA becoming financial centre of Africa – article and interviews by Roxanna Nyiri 158,300
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TimesheetPage 5
Durban office updateComrades Marathon 2010
With over 70 staff members this year to man the BDO watering table for over 20 000 runners, a very busy but fun-filled day was had by all. Many comments were passed by spectators on how professional everyone looked in their red shirts and how impressive our new BDO branding is. A big thank you to all those staff who volunteered to make this event the success it was – without you it would not have been possible!
BDO Inter-School Quiz 2010
Maritzburg College will go down in history as the first school to be named the ‘BDO Inter-School Quiz Champs’! They came first with an excellent score of 163 followed closely by Crawford North Coast who achieved 155.
The incredible success of this campaign was echoed by comments such as: Christine A. McGladdery (Westville Boys High) “Thank you for inviting us to participate. Everyone thoroughly enjoyed themselves. You provided a super space for learners who often don’t fit into the standard rugby-hockey-type moulds. BDO really showed that it can be cool to be clever!”
CSI Initiative - Shalligram Home for the Aged
The BDO Durban Corporate Social Responsibility Committee dedicated a Friday afternoon of their own time to hold a special tea in honor of Mothers/ Fathers Day. At the home, the elderly not only enjoyed delicious eats but also spent quality time chatting to the members of the committee. They also handed over a food hamper generously donated by staff and a Makro voucher to the value of R5000.
This event meant so much to these residents who instead of enjoying their golden years, face poverty, isolation and disrespect.
Paint it Forward – A Values Initiative
BDO Durban staff were split up into teams and told to let their ‘creative juices flow’. ‘Paint it Forward’ is derived from the concept of ‘Pay it Forward’. This philosophy believes that if one repays an act of kindness by performing a selfless deed for another, society as a whole will benefit for the good. Each group was given a blank canvas on which they painted a visual picture of the values they believe BDO represents. A fabulous day was had by all and dare I say a few budding artists were discovered!
Many hands make .... a colourful picture
CONGRATULATIONS! YOU PASSED QE1
• Lucy Lee• Marlette van Zyl• Marlize Visser• Natalie de Freitas• Elzanne Burger
• Francois du Plooy• Lerika Haripersad • Mekaeel Randeree• Johan Breytenbach• Caroline Mitchell
Definitely not ‘bored’ results
Page 6Timesheet
Pretoria office updateSTAFF UPDATE
Pretoria staff were treated to a presentation by Shareen Richter, the laughter coach (pictured right).
Laughter and happiness de-stress sessions are an incredible tool to use with groups and create an instant feeling of happiness and joy.
Participants often experience a quantum leap in their effectiveness, performance and happiness. “We left feeling energised with a sense of internal power. When you feel good in the inside you are able to operate more effectively, with passion and purpose!” said Esme Kluckow. Staff excel in this state and are always far more productive both in their private lives and in their careers.
Shareen put smiles on faces one never knew could smile . . .
CSI INITIATIVE - DONATION TO INNER CITY PRE-SCHOOL FORUM
After loads of fun and excitement the SWC 2010 (sadly) came to an end.
The idea with the office decor competition was to make use of material which could be put to good use after the event.
These lovely pre-schoolers form part of the Inner City Forum Pre-Schools.
BDO Pretoria donated blankets, scarves, beanies, flags etc to the Forum.
The amount of dedication and commitment to keep this project on track is astounding. Some of these ‘schools’ are shipping containers, where there are no trees, no grass and often no water ... but motivated kids wanting to learn arrive each day!
They also donated soccer paraphernalia to a school in Nellmapius!
SOUP & SHERRY EVENING
Lebo from SAICA (right) waiting for her soup at the SAICA/BDO event hosted at the Pretoria Country Club on 8 June 2010.
Guest speaker, Prof Johan Oberholster, Head of Accounting at University of Pretoria, talked about the effects of outcomes-based teaching.
The event was attended by CA professionals of the northern region, lecturers of UP and Unisa, and teachers from high schools in and around Pretoria.
Can you say ‘YMCA’?
TimesheetPage 7
Johannesburg office update CLIENT EVENTS
THE BOYS IN THE PHOTOGRAPH
As part of BDO’s build-up to the World Cup, the Johannesburg office invited their top clients and spouses to the re-worked production of the hit musical ‘The Beautiful Game’ by Andrew Lloyd Webber and Ben Elton. This powerful and passionate musical is also a joyous celebration of the freedom that love can bring. Audiences rose to their feet, cheering, screaming and tearful as the game of soccer was recreated on stage with some of the most original exciting choreography ever seen in musical theatre. The evening was a huge success, everyone enjoyed the show, and Anne-Marie’s insistence that everyone wear flashing soccer glasses added to the festivities.
WOMEN’S DAY WITH THE SA BALLET THEATRE
What better way to celebrate Women’s Day than a morning with the South African Ballet Theatre.
BDO hosted about 55 ladies at the rehearsals of Veronica Paeper’s acclaimed three act ballet ‘Carmen’.
BDO’s guests got up close and personal with the cast of the production and marvelled at the amazing talent South Africa has to offer.
“It’s incredible to see how hard the dancers work to achieve perfection for their audience,” commented one of the ladies, “I’ll appreciate the show a lot more now that I have seen what goes on behind the scenes”.
We hope all the ladies who attended the event enjoyed it but we must warn against trying those moves at home ladies … BDO takes no responsibility for sprained ankles from failed pirouettes!
STAFF EVENTS
STAFF UPDATE
The Johannesburg staff update on 11 May had a distinctive soccer flavour. After staff had savoured a tasty breakfast they were treated to Mxolisi from The African Dream and his choir singing traditional songs such as Shosholoza as they entered the room. Mxolisi then very patiently taught staff to sing the National Anthem. Afterwards staff moved into the gardens for champagne and a lesson in Diski dance moves.
WALK THE TALK
On Sunday 25 July, 78 staff and their families from BDO and Moore Stephens took part in the Discovery 702 Walk the Talk. Everyone congregated afterwards for some well-deserved refreshments and rather loud entertainment.
BDO LADIES GOLF DAY 11 AUGUST AT RANDPARK GOLF COURSE
This annual BDO event is a highlight on the calendars of the lady golfers. Those who attended this year were not disappointed. After a quick sip of Old Brown Sherry to get the blood flowing on this particularly cold August morning, the ladies were ready to get swinging.
Gill Van Der Meulen showed she was just as good as the gents with her HOLE IN ONE on the 2nd hole.
New BDO Partner Candice Whitefield didn’t mind too much that her team got the Longest Day award as she, along with all the players, got to enjoy a well deserved back and shoulder massage from Hands-On Treatment.
Sue Cogswell’s 4-ball won the top trophy, but the real winners of the day were the children of Finetown orphanage who received the trailer full of non-perishable goods, donated by the lady golfers.
The red & blue flashers were the hit of the party!
“Have you put on weight?”
John leads from the front ...
Walking 15kms builds quite an appetite!One more hole to go ... oh, sorry I think that
was Hole in One!
Page 8Timesheet
SPORTING TEAMS
BDO FOOTBALL
The ‘famous’ BDO Houghton’s (ex Moore Stephens) Football Team takes to the field in Edenvale every Wednesday evening for 40 minutes of gruelling indoor football. Armed with bullet-proof vests and pepper spray for security reasons, we meet beforehand for an ‘energy drink’ and to discuss ‘match tactics’. Our captain fantastic, John Argyros, gives us an inspirational talk, usually involving him never talking to us again if we lose the match, while Steve, an ex-employee and our star defender, promises not to get sent-off this game. Our tattoo-covered opponents usually seem to underestimate us, either due to the fact that last year we would consider a 20-0 loss, a solid moral victory or because 5 minutes into the game we’re still cracking jokes and acting like immature 7-year-olds. However, we do tend to surprise, with American ‘Christiano Ronaldo’ Carneiro leading our strike force we usually jump to a speedy 4 goal lead! However, our opponents quickly realise that while their shots at our lanky goalkeeper, Hayden von Maltitz’s midriff remain futile, any shots aimed between his legs are almost always successful, and by halftime the game is level. We get another team-talk from John, reaffirming his vow of silence in the event of a loss, and retake the field.
The second half usually results in the following: Hayden makes numerous, seemly unstoppable saves, but concedes as many goals through his legs. Ayub, another ex-employee, takes a swing at the ball only to find John’s hand, resulting in a shattering of both leg and hand alike. Andrew ‘Fabregas’ Theron scores a cracker from outside the box with his left-and-only-foot. And Steve gets sent off for a ‘tame tackle’, in his own words, on a player without the ball and then arguing with the ref about it.
Regardless of the result, more ‘energy-drinks’ are had after the game, it is after all vital to replenish those electrolytes. With thanks to Andrew Theron
MANAGERS MEET AND GREET - BDO AND MOORE STEPHENS
Managers from Moore Stephens and BDO met up at Rodizio’s Brazilian Restaurant in Fourways.
They feasted on the meat buffet (16 different types). Maria from BDO and 10K (that is what they called him – we still do not know his real name) from Moore Stephens were taken for a spin on the dance floor by the professional dancers.
After a slightly stiff start to the evening (nothing a few shooters couldn’t remedy) there was lots of laughter and dancing. A great time was had by all.
MARKETING TRACK DOWN THE GAUTRAIN
In the wee hours of Tuesday 8 June, the Marketing team were huddled in the Sandton ticket station, waiting for it to open at 5am. They were the first in a long line of passengers awaiting a thrilling ride on the Gautrain.
BOW TIE AND BROOCH DAY AT MOORE STEPHENS
A fun idea that became a tradition at MS is the BROOCHES for ladies and BOW TIES for men on Friday the 13th. It is even more colourful when the guys forget and have to queue up to have their normal ties transformed into a bow tie (which is how we discovered that Mohamed Fikry is a Champion transformer!). Hopefully BDO will adopt this idea as it helps to dispel superstitions and fears about Friday the 13th.
TEN PIN BOWLING
BDO and Moore Stephens had a great time in the lanes. It was the first time most of them had met each other, and Moores showed their superiority with a landslide victory. Wesley from MS was the champ of the day with a whopping 190!sfer Pricing
Do these guys EVER get out?
Big balls were needed for this one
... more from Jo’burg
It’s so cool having Hayden on our
team!
The opposition’s supporters
Auditors just wanna have fun!
TimesheetPage 9
NETBALL QUEENS
BDO ladies action netball team braved the cold and played in the Winter league at the Randburg Action Arena, and narrowly lost the final 16-18 to take home silver.
BDO SQUASH THE COMPETITION
BDO’s squash team consisting of Bert Lopes, Henk Botha and Stuart McIlroy currently lie 3rd in the A league, 2nd in the B league and in the top 10 of the C league.
We wish you guys luck for the rest of the season!
TAX BRINGS SOME CHRISTMAS IN JULY JOY TO 170 PEOPLE
BDO Jo’burg’s Tax Department joined MES (Metro Evangelical Services) in Hillbrow to celebrate its Christmas in July event for less fortunate, elderly people. Only 140 people were expected, but an enthusiastic group of 170 people arrived including the homeless, mentally handicapped and frail.
BDO staff members cleaned, cooked, set out the tables and decorated the hall.
A fabulous meal was served.. Some of these elderly people only receive a meal twice a week via the MES feeding programme. MES and Outreach feed up to 200 homeless people at various locations in Johannesburg.
BDO also donated blankets, along with big hugs. The smiles and tears of joy were testimony to the appreciation felt by the recipients.
MANDELA DAY
In support of Mandela day the Johannesburg office did a collection of non-perishable food items to be donated to Finetown Orphanage. Thank you to all staff who gave so generously.
JOHANNESBURG CSI INITIATIVES
KEEPING THE CHILL AWAY FROM THE NEEDY
The winter chills were particularly gripping this winter season and the young ladies of the Strathyre Girls Home were very grateful when they received blankets from BDO. The Salvation Army established the Strathyre home in 1921 for women and girls in need of care. Today it is home to 60 girls aged between three and eighteen years old. The children in its care are committed through the Children’s Court due to varying degrees of abuse, neglect, poverty and/or abandonment.
The girls wrapped themselves in the warm blankets as they posed shyly for photos.
This is no time to be practising your YMCA!
OTHER CLIENT EVENTS HELD
• Transfer Pricing Workshop• Governance of Fraud• Companies Act/Consumer Protection Act and
Protection of Personal Information Bill Seminar
Page 10Timesheet
... and yet more from Jo’burg
JOHANNESBURG SPONSORSHIPS
ST MARTIN’S GOLF DAY
BDO had the privilege of sponsoring the 9th hole at the St Martin’s school golf day (John Spencer’s former school, and Brian Berry, Chairman of the Trust). The hole was decorated with BDO signage from tee to green and was by far the most impressive and colourful hole of the day.
Monica Reyneke and Megan Veldman from Moore Stephens manned the hole and ensured the golfers were well nourished. As soon as the golf cart was seen on the horizon, out came the shooters and snacks. Each 4-ball were given a gift to squabble over depending on who was nearest the pin.
Some of the team members claimed the prize before they even teed-off and inevitably landed in the water generating much laughter and teasing from the other team mates.
Well done girls!BDO & Moore Stephens partners’
drinks - 18 June 2010
CUPPA FOR CANCER
We would like to thank all the staff of BDO Houghton (ex Moore Stephens) who so generously donated money to raise funds for CANSA. A total of R3320 was raised on Spring Day through cash and pledges. Check out the CANSA website to see what they are doing, to get involved and perhaps have a tea party of your own!
Go to www.cuppaforcansa.co.za.
TimesheetPage 11
FIFA World CupTM Champs! Keeping in line with this theme our office focus in this edition is BDO in Spain. They have their main office in Madrid with offices in Alicante, Barcelona, Bilbao, Castellon, Palma de Mallorca, Sotogrande, Tenerife, Valencia and Vic. Visit their website www.bdo.es – really cool website.
Key Financials at year-end (30 September) 2009EUR (000)= 41,872 OFFICES = 10 PARTNERS AND STAFF = 571
It seems we are not only adept at staging soccer tournaments. In July, BDO South Africa hosted a delegation of Chinese businessmen. The group was addressed by a variety of key players in South Africa’s business landscape, as well as key BDO partners and directors.
Although it was a typically freezing winter’s morning in Johannesburg, BDO’s welcome to the 23-strong delegation of Chinese businessmen was typically warm. The delegation comprised CEOs, financial directors and economists from China’s mining and real estate sectors. In addition to facilitating a round table discussion, BDO arranged a number of guest speakers to speak on different aspects of doing business in South Africa. With thanks to Jason Ma
• Soccer (fútbol) is the most popular spectator sport in Spain. Fans often crowd homes and local bars to watch important matches
• Bullfighting, considered an art and a popular attraction, is the biggest and most controversial sport in Spain and is an integral part of Spanish history, art and culture with bull rings in all major cities and quite a few minor ones.
• More women than men are currently enrolled in Spain’s universities. • 94 percent of the population is Roman Catholic. • The official currency is the euro since January of 2002. • Prescription medications can be obtained ‘over-the-counter’ at pharmacies. • Spain has 4,964 km of coastline. • Spain’s population is around 45 million.• Spain produces 44% of all the earth’s olive oil.• Madrid is Spain’s capital city and it is located directly in the center of the country.• The tooth fairy is not recognized in Spain. Instead, they have a tooth mouse named
Ratoncito Perez!• Flamenco is the musical genre in Spain that uses rapid passages and intricate
footwork.• There are over 400 million Spanish speakers today, making it the world’s
second most spoken first language.
DID YOU KNOW?
BDO offices elsewhere in the world - SPAIN
Page 12Timesheet
The World Cup at BDOJohannesburgOn the opening day of the World Cup, the Johannesburg office closed at 12h00 for staff to enjoy the game with friends & family. A small handful of staff remained and watched it in an upstairs boardroom.Office Décor CompetitionAll the departments were challenged to decorate their offices in World Cup Spirit. What a fantastic sight the offices were as staff pulled out all the stops to try and secure the prize. Independent judges were called in to make the difficult decision. RAS won first prize which was a trip on the Gautrain, Admin came in second and Wealth Advisors took 3rd place. A big well done goes out to all departments who made the office look so festive.Unite for Bafana BafanaOn 9 June BDO Jhb took to the streets around their offices and joined the rest of the country in showing their support for Bafana Bafana. Dressed in their Bafana shirts and blowing vuvuzelas, Parktown came alive. Speakers blaring Shakira’s ‘Waka Waka’ added to the festive flavour of the day.
RAS - the winners of the Jo’burg Office
Decoration competition on the Gautrain.
In the immortal words of Willem du Preez:
“Coooooool”.
Ephraim and Adelaide show us how it’s done
Admin in 2nd place
Wealth Advisers in 3rd place
RAS hefting the winning cup
‘Waka Waka, eh eh’
TimesheetPage 13
PretoriaOffice Décor CompetitionAll staff enthusiastically got on board with decorating their offices in anticipation of the World Cup. On Friday 11 June before the start of the opening ceremony the winners were announced. Well done to The Small Business Division combined with the printing room and kitchen staff all lead by Melissa Lodewyk who took 1st place. All staff who participated in the décor competition received a vuvuzela for their commitment.Opening of the World CupPretoria closed their offices at 13:00 and all staff went to the restaurant on the office park site. There they watched the opening ceremony, whilst having a scrumptious lunch. Spouses were also invited to join us in watching the opening game between South Africa and Mexico - inside as the cold crept in. A lucky draw formed part of the days activities. 32 countries, 32 ‘players’ with each participating person putting R50 towards the kitty.Winners of the lucky draw11 July saw Spain taking on the Netherlands. Congratulations to all the true, from the start, SPAIN supporters! The lucky draw winners were Claire Duncum, as runner up receiving R600 for drawing the Netherlands, and the winner, Marcelle van Rensburg became R 1000 richer for being in possession of the ticket, reading ... SPAINUnite for Bafana BafanaPretoria staff joined the rest of SA in supporting our team on 9 June. The unmistakable sound of the vuvuzela echoed through the office as well as the streets around the building.
2009 Johannesburg Values Winner
Our 2009 Values Winner Kanyisile Jwara, took her husband Itani, 2 children Maemu and Lufuno as well as her sister Lungile to Casa Dol Resort in Mpumalanga. They wore holes in their shoes as they spent most of their time sight seeing. A highlight of their trip was the elephant experience where they were taught about these majestic animals as well as given the opportunity to ride them.
“Overall my family and I had a blast even though I was heavily pregnant at the time as you can see,” Khanyi said. “I really enjoyed the trip and would like to thank BDO for an awesome and amazing experience …. Yahoo!” she ended off.
Page 14Timesheet
Adrienne brings comfort to all by Exceeding Expectations
BDO STAFF AT THE WORLD CUP
TimesheetPage 15
Winner of the Refer a friend competition, Blessing Bhunu
In January 2010, BDO launched the social network for BCom students, BComConnect – www.bcomconnect.com. This is a dynamic social networking website for BCom prospective students, BCom recent alumni, current students and faculty from all universities and colleges. Using this platform you are able to network with other BComs, find BCom-level jobs, attend business events, find articles and student material, share ideas and challenges, and more!We are into bragging so here are some of the stats from launch to date. These stats speak for themselves and show the success of the site and that we as BDO are forward thinkers.
Membership stats 29 Jan 2010 = 0 members increased to 798 members on 8 October 2010. Trade ExchangesWe are in the process of setting up marketing trade exchanges with the following institutions who have all expressed an interest in the site and its members:We have already set up similar trade exchanges with the following providers:
Growth over time
TimeJan-100
100
200
300
400
500
600
700
800
Feb-10 Mar-10 Apr-10 Aug-10 Sep-10 Oct-10Jul-10Jun-10May-10
63% students
graduates
from BDO - so, join today!
2437%
51% femalein SA
maleoutside SA
5yrs+ post BCom
black African
white
non-white
49%70%23%7%
88%12%2%
Circuit City (for their Livescribe digital pen offered as a prize in our Invite a Friend to Join BCom Connect competition).
the EDS / SAICA Mentorship: Black Entrepreneurship Initiative Studentbooktrader.co.za*,
* (a website run by a UP BCom student that allows students to buy and sell textbooks)
UP Careers,
UFS,
Nelson Mandela Metropolitan University,Rhodes University,
Wits University,
North West University,
Regent Business School,
Mancosa , and
Young Women in Finance
Tickmarkers.co.za,
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Rest in Peace StompieThe BDO family and clients were deeply saddened by the untimely passing of one of our true sons, Clive ‘Stompie’ Schoombie on 19 June this year. Clive had for the previous 9 months been battling physically after his initial heart attack in August last year, but despite this he never complained and enjoyed many special moments with his family, fellow workers and friends. His immediate family Ginny, Paul, Mark and Shaun, in particular were blessed to have had this extra time during which they shared precious time at Millstream, Ramsgate and the Kruger National Park. He was appointed a partner in BDO in 1988 upon the merger with the firm Dreyer and Dreyer. Clive generally preferred smaller clients where he could take a very personal interest in their affairs, often forging long term relationships with many of them. His professional skills were however not limited to the smaller clients, as can best be illustrated by being the lead partner on Wilson Bayly Holmes-Ovcon (WBHO), one of BDO’s largest and most prestigious clients. He was a wonderful mentor to many and was often the partner to which troubled staff members would pour their hearts out.A man sometimes of few words, ‘Stompie’ as he was affectionately known, could have fun and party with the best of them. A keen fisherman, golfer and sportsman in general, Stompie always had an anecdote or ‘chirp’ about something and was always ready for a little sideline bet, be it in his 4-ball, on a cricket score or a rugby score. In his vivid imagination he was also World Table Tennis Champion and Backgammon Champion, which in his wry humorous way invited many a challenge.Clive was loved by everyone and the corridors of BDO and fairways of the Wanderers will never be the same. Stompie was truly one of the legends of BDO. May he rest in peace.
I pray that I may live to fish until my dying dayAnd when it comes to my last cast,
I then most humbly pray when in the Lord’s great landing net
and peacefully asleep that in his mercy I be judged
big enough to keep.