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IconASSOCIATIONS AND INSTITUTES

Association for the Advancement of Black Accountants of Southern Africa

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Tel: 011 621 6737
Fax: 011 621 6842
Address:
Integritas
SAICA Building
7 Zulberg Close
Bruma
Postbox:
P O Box 5282
Johannesburg
2000
Scope:
Gauteng.

ABASA was established in 1985 to promote interests of black men and women engaged in the accounting profession. It is committed and dedicated in this pursuit, and is driven by the need to ensure that every black accountant and aspiring accountant is able to realise his/her full potential and aspirations.

Have a look at our website for more information.

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From The Glossary »

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Return on assets (ROA):

Indicator of profitability. Determined by dividing net income for the past 12 months by total average assets. Result is shown as a percentage. ROA can be decomposed into return on sales (net income/sales) multiplied by asset utilization (sales/assets).
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