Accounting (IFRS, etc) 

• Standards – What’s new? 

  • IFRS Monthly news summary 

• Accounting issues 

  • IASB: Amendments to IAS 21 for translating financial information into hyperinflationary currencies 

• Public Sector 

  • IPSASB: Definition of Material 

  • NT: New Guidance: Events after the Reporting Date (GRAP 14) 

  • NT: New Accounting Standards Regulations issued under the PFMA 

Auditing (IRBA, IAASB, etc): 

• Standards:  

  • IAASB: UPDATED Technology Position: Catalog of Issues and Possible Actions 

• Other:  

  • AFC: The Role of the Auditor: Exercising and Maintaining Professional Skepticism 

CIPC: 

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

  • Notice 54 of 2025: Annual Customer and Stakeholder Satisfaction Survey Report: Enhancing Service Excellence 

Sustainability & Integrated Reporting 

• Important issues: 

  • IAASB: FAQ on relevance of ISSA 5000 to assurance on sustainability reports to be issued in the European Union 

Technology 

• Important issues: 

  • How technology and global shifts are reshaping the event management industry in SA 

  • Report on Artificial Intelligence (AI) in South Africa’s financial sector 

Labour Law: 

• Employment law: 

  • Reminder: Employment Equity Reporting Season closes VERY soon 

•  COIDA Scams: 

  • COIDA scam alert: Letters of Good Standing 

  • COIDA scam alert: Service offerings 

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

• This month’s big 5: 

  • SAICA Legal Update 2025 Volume 20 Issue 19 covers new relevant National laws up to 14 Nov 2025: 

  • SAICA Legal Update 2025 Volume 20 Issue 20 covers new relevant National laws up to 28 Nov 2025: 

• .Other acts and articles: 

  • National Treasury: Guidelines: FCCL and USP for Public-Private Partnerships (PPPs) 

  • Electronic signatures – Are they binding? 

  • IoDSA: King V report 

SARS: 

• Guides (new, updated & issued): 

  • Updated Guide: Administration of Turnover Tax (Revision 12) 

• Interpretation Notes (updated & issued): 

  • Draft IN  – Income tax exemption: Registered political party 

  • Draft IN – The meaning of “deemed to be one and the same person” for determining the entitlement to the wear-and-tear allowance under an amalgamation transaction 

• Binding Rulings (Private/Class/General) issued:  

  • BPR 415 – Sale of fixed assets and an interest in a joint venture 

  • BPR 416 – Transfer of reinsurance business from a resident company to a local branch of a foreign company 

  • BPR 417 – Distribution of funds in the furtherance of objectives 

  • BPR 418 – Asset-for-share transfer involving close corporation 

  • BPR 419 – Corporate restructuring – Amalgamation transaction 

  • BPR 420 – Application of section 8EA(3) 

• Notices and other publications issued: 

  • Notice 6814: Explanatory summary of TALAB 

  • TLAB & TALAB introduced to National Assembly 

  • Mandatory Income Tax Numbers for 2026 Employer Filing Season 

  • Importers declaring goods under customs code 70707070 

  • Rates at which interest-free or low interest loans are subject to income tax 

  • SAICA Feedback Summary: SARS/RCB Tax Exemption Unit Modernisation Engagement 

  • SAICA Tax Alert – SARS ITR12T Fixes 

• High court cases: 

  • SARS welcomes court ruling in landmark case against Sasfin Bank Limited 

  • CSARS v Africa Cash and Carry (Crown Mines) (Pty) Ltd and Another (42076/2022) [2025] ZAGPPHC (4 November 2025) 

  • Inhlakanipho Consultants (Pty) Ltd v CSARS (A333/2024) [2025] ZAGPPHC 1210 (25 November 2025) 

Regulator news: 

• IRBA News & press releases: 

  • Notice of Invitation to Comment on Proposed Fees for 2026/2027 

• SAICA press releases and other publications: 

  • 2025 SAICA annual compliance Declarations 

  • Professionalisation in the Public Sector Report 2025 

  • Submission: Fiscal framework review 

• CIBA press releases and other publications: 

  • Newsletters: 

• Companies Tribunal:  

  • 9 Cases finalised in Nov 2025  

• Information Regulator:  

  • Significant PAIA ruling: SARS ordered to release Jacob Zuma's tax records 

• Competition Commision:  

  • Final Media and Digital Platforms Market Inquiry (MDPMI) report 

• FSCA publications & press releases:  

  • FSCA is investigating Imermarket (Pty) Ltd, Mr Bongani Googenough Mngadi, and Mr Marios Kyriakou 

  • FSCA takes regulatory action against Ms Chantelle Kleynhans and Mr Pieter van der Walt 

  • Financial Sector Conduct Authority and Prudential Authority release report on Artificial Intelligence (AI) in South Africa’s financial sector 

  • FSCA withdraws the licence of Medbond Markets (Pty) Ltd and Medbond Insurance Brokers (Pty) Ltd  

  • 21 Warnings issued against fraudulent FSPs 

• SARS:  

  • Annual Report 2024/2025 

  • Latest Monthly Tax Digest – November 2025 

  • Latest Tax Practitioner Connect Newsletter – Issue 68 

  • Latest Government Connect Newsletter – Issue 32 

General Announcements / News Releases: 

• Media articles:  

  • Bad news about the end of SABC TV licences 

  • Social media influencers