Overview     

The Property Practitioners Act of 2019 commenced on 1 February 2022. It has an expanded definition of “Property Practitioner” that now includes many more people than before.  

What this means for accountants, auditors and independent reviewers is that many of their clients have now technically become "Property Practitioners" who are subject to the Property Practitioners Act and Regulations. To assist, the Property Practitioners Regulatory Authority (PPRA) has issued a Draft Guideline that gives direction on specific requirements of the Act.  

Join Lettie Janse van Vuuren CA(SA) for this webinar on 14 June 2022 from 10:00 a.m. to 12:00 p.m. where she will address the following questions and any others that you might have: 

• What are the new requirements regarding when the annual financial statements of a business property practitioner must be audited?   

• When is an independent review required instead of an audit? 

• What are the compliance requirements for your property practitioner clients?  

Learning objectives  & competencies developed 

   By attending this webinar you will develop the following competencies:  

• Awareness of the basic requirements of the Property Practitioners Act, specifically focusing on definitions. 

• Be knowledgeable on the contents of the Property Practitioners Regulations. 

• Understand contents of the Draft Guidelines on audit, accounting records and trust account requirements for business property practitioners. 

• Be able to link up your knowledge of this Act to other legislation that must be complied e.g FICA, Debt Collectors Act, Auditing Profession Act and Tax legislation.  

• Act as a compliance advisor to clients who fall under the definition of "Property Practitioner".  

Content   

   The webinar will cover the following topics:   

• What is the Property Practitioners Act? 

• Important definitions. 

• The Property Practitioners Regulations. 

• Contents of the Draft Guideline on: 

  • Audit requirements. 

  • Accounting records. 

  • Trust accounts. 

  • Annual financial statements. 

  • Audit vs independent review. 

• Other legislation: 

  • FICA. 

  • Debt Collectors Act. 

  • Auditing Profession Act. 

  • Tax legislation. 

• 11 Annexures to make your life easier. 

Obtaining your CPD certificate   

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAIBA, SAICA and SAIPA. 

  All attendees are issued with a CPD certificate available in an online profile.   

 About the presenter  

 Lettie Janse van Vuuren CA(SA), RA  

Lettie is a Chartered Accountant, Registered Auditor, as well as an Assessor and Moderator. She joined SA Accounting Academy in November 2017 as Head of Technical. As a professional trainer and webinar host, she is able to hold the attention of an audience with her relaxed and humorous presentation style.  She has a unique ability to communicate with delegates at their respective levels of knowledge and experience.  Over the last 20 years, she has trained thousands of partners, managers, trainee accountants and other professionals.   

She is responsible for researching, compiling and presenting our MCLU (Monthly Compliance and Legislation Updates). She was the Professional Development Manager at SAICA for 4 years and in charge of accrediting new training offices and monitoring existing ones (including the moderation of training offices and trainee assessments).  

Who should attend   

   The following persons will benefit from attending this webinar:   

• Professional accountants including, CA(SA), BAP(SA), Professional Accountant (SA), FCCA, AGA(SA), BA(SA), and ACCA. 

• Registered auditors. 

• Independent reviewers. 

• Trainee accountants.   

 Price                

• R 450.00 - Online admission - Individual. 

• Group Price 1 - R699 (maximum of 5 attendees)

•  Group Price 2 - R1 850 (maximum of 10 attendees)

• Group Price 3 - R2 650 (maximum of 15 attendees) 

Steps to register for the event:   

If you already have a profile, login and register for the webinar.  

If you don’t have a profile, create a free profile then login and register for the webinar.  

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series).  

Click here  to find out about the Technical Resource Centre & CPD Subscription options.  

Additional material  

   By attending this webinar you will be provided with:  

• Summarised slide presentation;  

• Detailed course material; 

• Source documents for reference/resource library; and   

• You can ask questions during the webinar and you will also have access to the presenter after the webinar.