Wealth was equated with money and the ability to exchange goods. Precious metals and various trade goods became the equivalent of money, but the coinage of silver and gold standardized the concept of money and enhanced trade. Money changers developed into bankers, accepting deposits and lending money.
Italian merchants became successful and powerful partly because of their enhanced financial knowledge by inventing and then using double entry accounting. By understanding cost and revenue structures they were in a position to make better decisions than competitors without this knowledge base.
From the prosperity of the Italian merchant states came the Renaissance and the foundations of the modern world.
PERSONNEL PROFILE
Johan van Heerden, has over 17 years commercial and financial experience in various industries including FMCG, Manufacturing, Industrial, Consulting and Auditing. He has extensive experience in implementation and use of computerised systems and has accomplished an advanced level of competency in project management.
Qualification(s) • Completed his Audit Articles at KPMG Aiken & Peat CA (SA) • Practicing Member registered at the Southern African Institute of Business Accountants (SAIBA) • Registered as an Accounting Officer in terms of section 60(1a) of the Closed Corporations Act, 1984 • BCom specialising in Management at UNISA, Majors: Strategic Management, Accounting, Taxation, Financial Management, Risk Management, Entrepreneurship, Global Business Management, Entrapreneurship and Personal Financial Management
Assisted by: A.H. Liebenberg BCompt (Hons) RAU N. Bothma BCompt (Hons) UP, CA(SA) G.H.P. Coetzee BA UNISA, MBA UOFS J. Coetzee BCompt UNISA, CFA R van Wyk BCom UOFS
Consulting Accounting Taxation Specialized Services