Accounting (IFRS, etc) 

• Standards – What’s new? 

  • IFRS Monthly news summary 

• Public Sector 

  • ASB: Amendments to GRAP 109 (Accounting by principals and Agents) approved 

  • ASB: Updated Directive 5: GRAP Reporting Framework 2026/2027 

  • ASB: ED 216 – Improvements to the Standards of GRAP 2026 

Auditing (IRBA, IAASB, etc): 

• Legal/Ethics:  

  • IESBA Handbook 2025 Edition 

• Other:  

  • External Auditor Assessment Tool: A Tool for Audit Committees 

CIPC: 

• Notices and Practice Notes issued (enforcement and to customers): 

  • Practice Note 3 of 2025: Additional information required for application for re-instatement of deregistered company (form CoR40.5) via online platforms 

  • Practice Note 4 of 2025: Additional information required for registration of external companies via online platforms 

  • Deactivation of manual filling channel for external company (CoR 20.1) 

  • Notice 49 of 2025:  New system: Change of director’s contact details 

  • Practice Note 5 of 2025: Date of the business rescue status report form (CoR125.1) 

Anti-Money Laundering and FICA 

• FIC Advisory & Guidance:  

  • TFS list updated 

  • SA finally removed from greylist 

Technology 

• Important issues: 

  • Cybercrime under the spotlight 

Labour Law: 

• Employment law: 

  • Parental leave redefined: Constitutional Court judgment 

  • CDH: Parental leave Guideline 

  • Integrated blitz inspections yield positive results 

  • Reminder: Employment Equity Reporting Season will be closing soon 

Other Laws & Regulations affecting your client AND impact on NOCLAR: 

• This month’s big 5: 

  • SAICA Legal Update 2025 Volume 20 Issue 16 covers new relevant National laws up to 3 Oct 2025 

  • SAICA Legal Update 2025 Volume 20 Issue 17 covers new relevant National laws up to 17 Oct 2025 

  • SAICA Legal Update 2025 Volume 20 Issue 18 covers new relevant National laws up to 31 Oct 2025 

• Other acts and articles: 

  • Virtual commissioning in a digital era 

  • South Africa prepares major patent and design law reforms 

  • Notice to Homeowners, Businesses and Electrical Contractors Regarding Compliance with Electrical Installation Laws and Certificate process 

SARS: 

• Interpretation Notes (updated & issued): 

  • IN 140 (Issue 1) – Diminution in the value of closing stock 

  • Draft IN – Reduced assessments: Meaning of “readily apparent undisputed error” 

• Notices and other publications issued: 

  • Ask Lwazi: SARS AI Assistant – the upgraded Artificial Intelligence Assistant 

  • GG 53589 Notice 6762: Notice published in terms of section 18A(2)(a)(vii) prescribing the further information that must be contained in a receipt issued in terms of section 18A(2)(a) of the Act 

  • Public Notice 6763 of Government Gazette 53590: GLOBE Information Returns 

  • Mr L Montana – The SAGA 

• Taxpayers must be on the lookout for New Scams: 

  • SCAM-389 – Debt management final demand 

  • SCAM-388 – Settlement Notification 

• Tax court cases: 

  • SARSTC IT 24502 (IT) [2025] ZATC CPT (30 September 2025) 

• High court cases: 

  • Ditsoane Trading Project CC v CSARS (4438/2023) [2025] ZAFSHC (18 September 2025) 

  • Ditsoane Trading Project CC v CSARS (4438/2023) [2025] ZAFSHC 260 (29 January 2025) 

  • Media Statement on Roy Muleya’s sequestration 

Regulator news: 

• IRBA News & press releases: 

  • IRBA News: Issue 71 

  • IRBA Annual Report 2025 

• CIBA press releases and other publications: 

  • CFO Talks (CFO Talks™ is devoted to sharing ideas and conversations between CFOs. It is a platform which facilitates insightful and powerful talks relevant to CFOs) 

    • https://cfotalks.com/  

  • Accounting Weekly (weekly newsletter) 

    • https://accountingweekly.com/   

  • Blogs 

    • https://accountingweekly.com/  

• Companies Tribunal:  

  • 9 Cases finalised in Oct 2025  

• CSOS:  

  • Consolidated Practice Directive 1 of 2025 

• OTO:  

  • Draft Report 2025: SARS eFiling profile hijacking 

• IAASB:  

  • eNews October 2025 

• FSCA publications & press releases:  

  • Integrated Report 2024/2025 

  • FSCA welcomes South Africa’s removal from the FATF grey list  

  • South Africa’s financially savvy voices crowned at the 2025 Financial Literacy Speech Competition 

  • FSCA imposes R1.7 million administrative penalty on Harith General Partners (Pty) Ltd  

  • FSCA imposes R10.6 million administrative penalty on Sanlam Collective Investments (RF) (Pty) Ltd (CIS 34) 

  • Communication on stakeholder consultation regarding OMNI-Risk Return  

  • FSCA clarifies position on KwaZulu-Natal CoGTA Pension Fund for Amakhosi  

  • 18 Warnings issued against fraudulent FSPs 

• SARS:  

  • Latest VAT Connect Newsletter – Issue 20 

  • Latest Monthly Tax Digest – October 2025 

  • Latest Tax Practitioner Newsletter – Issue 67 

  • Latest Government Connect Newsletter – Issue 31 

  • Media release: SA’s exit from the FATF grey list 

General Announcements / News Releases: 

• Media articles:  

  • AARTO postponed