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Accounting News
ASB: ED 217 – Amendments to Chapter 7 in...
- 18 February 2026
- Accounting
The Accounting Standards Board (ASB) has issued Exposure Draft 217 to seek comment on the amendments...
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IFRS Accounting Standards effective 1 Ja...
- 16 February 2026
- Accounting
The IFRS Accounting Standards—Required and Annotated Required 2026 are now available, containing the...
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National Treasury: Updated GRAP 23 Accou...
- 13 February 2026
- Accounting
The Office of the Accounting-General in the Department of National Treasury has published an updated...
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National Treasury: Updated GRAP 1 Accoun...
- 13 February 2026
- Accounting
The Office of the Accounting-General in the Department of National Treasury has published an updated...
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National Treasury: GRAP Accounting and D...
- 10 February 2026
- Accounting
The Office of the Accountant-General in National Treasury has updated and issued the latest GRAP Dis...
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IPSASB: New IPSAS 51 – Tangible Natural...
- 30 January 2026
- Accounting
The International Public Sector Accounting Standards Board (IPSASB) has issued a new IPSAS Standard...
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ASB: ED 215 – Amendments to GRAP 109
- 29 January 2026
- Accounting
The Accounting Standards Board (ASB) has issued Exposure Draft (ED) 215 on proposed amendments to th...
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IFAC: 2026 Edition of the Handbook of In...
- 19 January 2026
- Accounting
The International Federation of Accountants (IFAC) has published the 2026 edition of the Handbook of...
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SAICA: Updated Medical Schemes Accountin...
- 15 January 2026
- Accounting
The South African Institute of Chartered Accountants (SAICA) has updated and issued their Medical Sc...
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IFRS Foundation: All the Educational res...
- 06 January 2026
- Accounting
The IFRS Foundation has published a suite of fresh educational resources to help stakeholders learn,...
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National Treasury: GRAP Reporting Bullet...
- 24 December 2025
- Accounting
National Treasury has issued the GRAP Reporting Bulletin, which provides clear, practical guidance o...
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IASB: ED Proposed new accounting model t...
- 23 December 2025
- Accounting
The International Accounting Standards Board (IASB) has issued an Exposure Draft, which proposes a n...
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IFRS & IASB: Illustrative examples on re...
- 11 December 2025
- Accounting
The International Accounting Standards Board (IASB) has issued updated illustrative examples demonst...
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IFRS Foundation: IFRS for SMEs Education...
- 11 December 2025
- Accounting
The IFRS Foundation has released an educational module to support applying Section 23 on Revenue fro...
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National Treasury: New Accounting Standa...
- 05 December 2025
- Accounting
The Minister of Finance has issued new Regulations on Accounting Standards in terms of section 91(1)...
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National Treasury: New Guidance – Events...
- 05 December 2025
- Accounting
National Treasury has published new guidance on Events after the Reporting Date in terms of GRAP 14....
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IPSASB: Definition of Material
- 04 December 2025
- Accounting
The International Public Sector Accounting Standards Board has issued the final pronouncement on the...
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IFRS Foundation: IFRS for SMEs Education...
- 28 November 2025
- Accounting
The IFRS Foundation has released an educational module to support applying Section 9 on Consolidated...
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IASB: Amendments to IAS 21 for translati...
- 27 November 2025
- Accounting
The International Accounting Standards Board (IASB) has issued amendments to IAS 21 that clarify how...
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National Treasury: Guidelines – Public-P...
- 25 November 2025
- Accounting
National Treasury has published the Fiscal Commitments and Contingent Liabilities (FCCL) and Unsolic...
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ASB: ED 216 – Improvements to the Standa...
- 12 November 2025
- Accounting
The Accounting Standards Board (ASB) has approved and issued Exposure Draft (ED) 216 on Improvements...
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ASB: Updated Directive 5: GRAP Reporting...
- 07 November 2025
- Accounting
The Accounting Standards Board (ASB) has published the updated Directive 5 on the GRAP Reporting Fra...
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OTO: Draft Report 2025 re SARS eFiling p...
- 04 November 2025
- Accounting
The Office of the Tax Ombud (OTO) has published its draft report 2025, which refers to their investi...
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IRBA: News #71
- 03 November 2025
- Accounting
The IRBA has issued its latest quarterly newsletter summarising standard updates, disciplinary matte...
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IFRS Foundation: IFRS for SMEs Education...
- 21 October 2025
- Accounting
The IFRS Foundation has released an educational module to support applying Section 12 on Fair Value...
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CGSO: Expiry, renewal and cancellation o...
- 16 October 2025
- Accounting
The Consumer Goods & Services Ombud (CGSO) has published an advisory explanatory note on the Expiry...
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CGSO: Transacting with Ecommerce Platfor...
- 16 October 2025
- Accounting
The Consumer Goods & Services Ombud (CGSO) has published an advisory note on Transacting with Ecomme...
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FSCA: Publication of names of pension fu...
- 15 October 2025
- Accounting
The FSCA has published a list of about 5,830 pension funds and employers in arrears by R50,000 or mo...
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National Treasury: Accounting Manuals fo...
- 09 October 2025
- Accounting
The Office of the Accountant General in National Treasury has published the final Accounting Manuals...
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National Treasury: MCS Interim Financial...
- 09 October 2025
- Accounting
The Office of the Accountant-General (OAG) in National Treasury has issued the Interim Financial Sta...
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National Treasury: 2026 Departmental spe...
- 09 October 2025
- Accounting
The Office of the Accountant General in National Treasury has published the Specimen Annual Financia...
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IFRS Foundation: IFRS for SMEs Education...
- 06 October 2025
- Accounting
The IFRS Foundation has released an educational module to support applying Section 35 on Transition...
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IFRS Foundation: IFRS for SMEs Education...
- 06 October 2025
- Accounting
The IFRS Foundation has released an educational module to support applying Section 19 on Business Co...
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IPSASB: Amendments due to application of...
- 25 September 2025
- Accounting
The International Public Sector Accounting Standards Board (IPSASB®) has issued Amendments to IPSAS...
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ASB: ED 214: Exposure Draft of the Propo...
- 23 September 2025
- Accounting
The ASB has issued Exposure Draft 214 on limited scope amendments to the Proposed Standard of GRAP o...
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FIC: Upgrades to goAML platform
- 03 September 2025
- Accounting
The Financial Intelligence Centre (FIC) has issued a notice informing users that their registration...
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IASB: Amendments to IFRS 19 - Subsidiari...
- 28 August 2025
- Accounting
The International Accounting Standards Board (IASB) has issued the Amendments to IFRS 19 on Subsidia...
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IFRS Foundation: Climate-related example...
- 27 August 2025
- Accounting
The staff of the IFRS Foundation has published near-final examples in this draft document, demonstra...
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IPSASB: Technical and Application Issues
- 22 August 2025
- Accounting
The IPSASB has launched an online form for users to submit technical and application issues to its n...
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National Treasury: Accounting Manuals fo...
- 05 August 2025
- Accounting
The Office of the Accountant General in National Treasury has published the Accounting Manuals for D...
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National Treasury: AFS – Annexure 5 prop...
- 05 August 2025
- Accounting
The Office of the Accountant General in National Treasury has published proposed changes to Annexure...
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IASB: Revised IFRS Practice Statement 1...
- 01 August 2025
- Accounting
The International Accounting Standards Board (IASB) has issued a revised Practice Statement on manag...
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IASB: Post-Implementation Review of IFRS...
- 01 August 2025
- Accounting
The International Accounting Standards Board (IASB) has published a request for information as a pos...
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IESBA: Summary of Feedback from Global R...
- 24 July 2025
- Accounting
The International Ethics Standards Board for Accountants (IESBA) has released Firm Culture and Gover...
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IFRS Foundation: IFRS for SMEs Education...
- 22 July 2025
- Accounting
The IFRS Foundation has published a new educational module to support the application of Section 7 S...
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IFRS Foundation: IFRS for SMEs Education...
- 21 July 2025
- Accounting
The IFRS Foundation has published a new educational module to support the application of Section 2 C...
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IFAC: Implementing IPSAS – IFAC Tools
- 18 July 2025
- Accounting
The International Federation of Accountants (IFAC) and the International Public Sector Accounting St...
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IFRS Foundation: IFRS for SMEs Education...
- 17 July 2025
- Accounting
The IFRS Foundation has published a new educational module to support the application of Section 1 S...
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SAICA: 2024 Medical Schemes Accounting G...
- 09 July 2025
- Accounting
The South African Institute of Chartered Accountants (SAICA) has issued their Medical Schemes Accoun...
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ASB: Updated FAQs on the Standards of GR...
- 26 June 2025
- Accounting
The Accounting Standards Board (ASB) has published an updated Frequently Asked Questions (FAQs) on t...
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National Treasury: Updated FAQ published...
- 24 June 2025
- Accounting
The National Treasury's Office of the Accountant-General (OAG) has issued updated Frequently Asked Q...
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National Treasury: Modified Cash Standar...
- 24 June 2025
- Accounting
The Office of the Accountant-General (OAG) has published relevant resources on the Modified Cash Sta...
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SAICA: Comments on Exposure Draft: Propo...
- 03 July 2024
- Accounting
SAICA has published their comments that were submitted on the Exposure Draft: Proposed International...
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SAICA: IT3(d) FAQ
- 23 April 2024
- Accounting
SAICA has published Frequently Asked Questions (FAQs) as guidance on how section 18A approved entiti...
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New standard issued! IFRS 18 Presentatio...
- 17 April 2024
- Accounting
The brand new IFRS 18 standard on Presentation and Disclosure in Financial Statements has been issue...
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Unraveling Beneficial Ownership in the C...
- 28 March 2024
- Accounting
Understand the concept of beneficial ownership under the Companies Act, 2008. Learn about its import...
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A Guide to Solvency and Liquidity Testin...
- 03 April 2024
- Accounting
Understand the Solvency and Liquidity Test in Section 4 of the South African Companies Act, 2008. Le...
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IFAC Publishes Updated Guide for Trainer...
- 27 March 2024
- Accounting
To assist governments and government entities interested to report in accordance with the accrual-ba...
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NT: Adjustments to the SCOA classificati...
- 13 February 2024
- Accounting
National Treasury has published a SCOA (Standard Chart of Accounts) classification Circular 45 on th...
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Patch 1 for AFS departmental template 20...
- 13 February 2024
- Accounting
The Office of the Accountant General in the National Treasury has published Patch 1 to the updated S...
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ASB: ED207 on GRAP 108 – Statutory Recei...
- 12 February 2024
- Accounting
The Accounting Standards Board (ASB) is undertaking a post-implementation review (PIR) of the genera...
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IASB: Reminder of comment deadline on Pr...
- 26 January 2024
- Accounting
The International Accounting Standards Board (IASB) has published a reminder that the due date for c...
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SAICA: 2023 Medical Schemes Accounting G...
- 18 January 2024
- Accounting
SAICA has revised and issued the Medical Schemes Accounting Guide for the year ending 31 December 20...
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FASB Issues Standard to Improve the Acco...
- 15 January 2024
- Accounting
The Financial Accounting Standards Board (FASB) has published an Accounting Standards Update (ASU) i...
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Ethics developments: What to expect in 2...
- 05 January 2024
- Accounting
This alert provides a summary of ethical developments and future expectations identified by the IESB...
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ED 205 on Social Benefits: Comment deadl...
- 04 January 2024
- Accounting
The Accounting Standards Board (ASB) has extended the comment deadline for the Proposed Standard of...
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Reminder: IAS 1 (Accounting Policies) is...
- 03 January 2024
- Accounting
This is a reminder that IAS 1 (Accounting Policies) is now effective for financial years beginning o...
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Guidance when citing IFRS Accounting Sta...
- 13 December 2023
- Accounting
The International Auditing and Assurance Standards Board (IAASB) has issued guidance to help stakeho...
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ISA for LCE: IAASB Overview presentation
- 08 December 2023
- Accounting
The International Auditing and Assurance Standards Board (IAASB) has published a presentation on the...
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ISA for LCE: FAQs
- 08 December 2023
- Accounting
The International Auditing and Assurance Standards Board (IAASB) has published Frequently Asked Ques...
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ISA for LCE: Fact Sheet
- 08 December 2023
- Accounting
The International Auditing and Assurance Standards Board (IAASB) has published a Fact Sheet on Audit...
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SAICA: AUP Regulatory report for Legal P...
- 03 November 2023
- Accounting
The South African Institute of Chartered Accountants (SAICA) has developed and published an illustra...
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CIPC: Customer Refunds
- 02 November 2023
- Accounting
The Companies and Intellectual Property Commission (CIPC) has issued an important notice regarding R...
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SAICA: Updated Guide on Retention of Rec...
- 27 October 2023
- Accounting
SAICA has released the 2023 Updated SAICA Retention of Records guide.
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IAASB: ISSA 5000 Materiality FAQ
- 26 October 2023
- Accounting
The IAASB developed this comprehensive set of Frequently Asked Questions to respond to requests from...
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International Non-Profit Accounting Guid...
- 25 October 2023
- Accounting
Exposure Draft 2: International Non-Profit Accounting Guidance (INPAG) is published by the Chartered...
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IRBA: News #63
- 20 October 0000
- Accounting
IRBA has released its latest quarterly newsletter, providing useful summaries of changes to various...
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NEW! Beneficial Ownership Register for T...
- 19 October 2023
- Accounting
The Master’s Office has published Circular 52 of 2023, which issues a new directive – Chief Master’s...
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IAASB: New Handbook
- 18 October 2023
- Accounting
The International Auditing and Assurance Standards Board (IAASB) has released the brand new 2022 edi...
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CIPC: Filing of documents – Practice Not...
- 16 October 2023
- Accounting
The CIPC has issued Practice Note 4 of 2023 on the Filing of Documents and the Process of Challenge.
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Deceased Estates: Master’s Online Regist...
- 13 October 2023
- Accounting
The Master of the High Court’s Deceased Estate Online Registration System was officially launched an...
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CGSO: Newsletter 2nd Quarter 2023
- 12 October 2023
- Accounting
The CGSO has issued its 2nd Quarter newsletter that covers the period June to August 2023.
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SAICA Draft Mergers and Acquisitions Gui...
- 11 October 2023
- Accounting
SAICA has released its Draft Mergers and Acquisitions Guide, which provides valuable insights, consi...
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Are you keeping pace with evolving cyber...
- 10 October 2023
- Accounting
This 2023 RSM US MMBI Cybersecurity Special Report provides insight into evolving middle market cybe...
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NT: SCOA classification Circular 44 issu...
- 09 October 2023
- Accounting
National Treasury has issued a new Classification Circular 44, setting out the adjustments to the St...
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NT: Proposed 2024/2025 MCS issued
- 09 October 2023
- Accounting
National Treasure has issued updates to the 2024/2025 Modified Cash Standard (MCS) for comment by 31...
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Info Regulator to probe daring cyber-att...
- 06 October 2023
- Accounting
The Information Regulator is investigating a report that South Africa’s State Security Agency (SSA)...
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SAICA: Comments on the 2023 Companies Am...
- 05 October 2023
- Accounting
SAICA has submitted comments on the Companies Amendment Bill, 27 of 2023 to the Standing Committee o...
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IESBA: New 2023 Handbook
- 04 October 2023
- Accounting
The International Ethics Standards Board for Accountants (IESBA) has released the 2023 Handbook of t...
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SASSA: Grants increase 1 Oct 2023
- 03 October 2023
- Accounting
An increase for SASSA (South African Social Security Agency) grants came into effect on 1 October 20...
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CDH: Africa Corporate Guide
- 02 October 2023
- Accounting
Cliffe Dekker Hofmeyr’s Corporate Law division has published an Africa Corporate Guide to simplify t...
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Should maternity and parental benefits b...
- 27 September 2023
- Accounting
The South African Law Reform Commission (SALRC) published its investigative report on maternity and...
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IRBA: Proposed ED – SAAPS 3 (Revised)
- 22 September 2023
- Accounting
The Independent Regulatory Board for Auditors (IRBA) Committee for Auditing Standards (CFAS) has app...
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IRBA Staff Audit Practice Alert 9: Guida...
- 21 September 2023
- Accounting
The Independent Regulatory Board for Auditors (IRBA) has published IRBA Staff Audit Practice Alert 9...
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CIPC confirms Deadline of 30 September 2...
- 20 September 2023
- Accounting
The CIPC has confirmed that enforcement of beneficial ownership filings and securities registers wil...
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IRBA: New! EAR Rule (Enhanced Auditor Re...
- 20 September 2023
- Accounting
The Independent Regulatory Board for Auditors (IRBA) has prescribed an IRBA Rule on Enhanced Auditor...
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SAICA: 2023 Tax Practitioner Annual Decl...
- 19 September 2023
- Accounting
SAICA has issued a Notice of 2023 tax practitioner declaration and monitoring process, urging tax pr...
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FSCA names and shames employers owing pe...
- 15 September 2023
- Accounting
The Financial Sector Conduct Authority (FSCA) has published a list of employers that were four or mo...
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IFRS Accounting Standards: Proposed amen...
- 14 September 2023
- Accounting
The International Accounting Standards Board (IASB) has published an Exposure Draft of proposed amen...
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SARS Tax Practitioner Connect Newsletter
- 13 September 2023
- Accounting
SARS has published Issue 45 of the Tax Practitioner Connect newsletter, which is now available and i...
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SARS: Government Connect Newsletter Issu...
- 13 September 2023
- Accounting
SARS has published the latest Government Connect Newsletter (Issue 12), which is now available and i...
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SARS_Updated Guide for Tax Rates/Duties/...
- 12 September 2023
- Accounting
SARS has published an updated Guide for Tax Rates/Duties/Levies (Issue 16), which provides a current...
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New! SARS: VDP Guide
- 12 September 2023
- Accounting
SARS has published a new Guide to the Voluntary Disclosure Programme (VDP), which provides general g...
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SARS: Credit Audit scam
- 11 September 2023
- Accounting
SARS has warned taxpayers to be on the alert for a fraudulent email talking about a credit audit.
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SARS: New Air Passenger Tax System
- 11 September 2023
- Accounting
From 15 September 2023, SARS will be implementing a new system for Air Passenger Tax (APT) wherein t...
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CGSO: 2022-23 Annual Report
- 08 September 2023
- Accounting
The Consumer Goods and Services Ombud (CGSO) released its annual report for the 2023 financial year,...
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SARS: Clarity on ITR12T
- 07 September 2023
- Accounting
SARS has issued a guidance document providing further clarification for Trusts Income Tax Returns fo...
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CIPC: Compliance Checklist Report
- 05 September 2023
- Accounting
The Companies and Intellectual Property Commission (CIPC) has published a Compliance Checklist Repor...
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CIPC: Clamping down on reckless conduct...
- 06 September 2023
- Accounting
The (CIPC) has issued a legal article confirming that they are clamping down on reckless conduct and...
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POPIA: Enforcement Notice issued to Dis-...
- 04 September 2023
- Accounting
The Information Regulator (Regulator) issued an Enforcement Notice to Dis-Chem Pharmacies Ltd follow...
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DTIC: Companies Amendment Bills tabled
- 01 September 2023
- Accounting
Significant changes to South Africa’s main corporate legislation are contained in two bills tabled i...
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SARS: Proposed Sec 11G to replace Practi...
- 31 August 2023
- Accounting
The proposed Section 11G allows for limited deduction of expenses incurred by companies in productio...
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Employers face fines per the National Mi...
- 29 August 2023
- Accounting
The Department of Employment and Labour confirmed that an employer who is found to have failed to co...
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FICA: Failure to report electronic trans...
- 25 August 2023
- Accounting
Financial Intelligence Centre Act (FICA) Section 56 has been amended so that accountable institution...
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SAICA Training Offices: Updated PVAA Gui...
- 24 August 2023
- Accounting
SAICA has issued updated guidance for Training Offices when Assessing trainees’ proficiency in the P...
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Property Practitioners: 2023 Audit repor...
- 23 August 2023
- Accounting
In respect of the 2023 audit report submissions, registered auditors are advised to take note of the...
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FIC: PCC 6A – Guidance on the Definition...
- 22 August 2023
- Accounting
The Financial Intelligence Centre (FIC) has published public compliance communication 6A (PCC 6A), t...
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FIC Amendment Act: More Sections in Forc...
- 22 August 2023
- Accounting
National Treasure published a notice in the government gazette stating that Sections 6 and 43 of the...
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CIPC: Companies Act Regulation – DOMICIL...
- 21 August 2023
- Accounting
The Department of Trade, Industry & Competition has gazetted a notice confirming that effective from...
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IFAC Quality Management Series: Small Fi...
- 18 August 2023
- Accounting
IFAC has published the second installment in a three-part publication series to help small and mediu...
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Auditor-General: Public Audit Act: Audit...
- 17 August 2023
- Accounting
The Auditor-General of South Africa (AGSA) has issued an Audit Directive for 2023, in accordance wit...
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IRBA: Plans to Issue New Rules
- 16 August 2023
- Accounting
IRBA will be issuing a couple of rules in the next few months that if the company didn't disclose no...
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CIPC: Deregistration notification for co...
- 15 August 2023
- Accounting
The Companies and Intellectual Property Commission (CIPC) has commenced the notification in terms of...
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Compensation Fund: Vocational Rehabilita...
- 14 August 2023
- Accounting
The Compensation Fund (CF) has introduced the Vocational Rehabilitation, Re-integration and Return-t...
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Energy Bounce Back Loan Guarantee Scheme
- 14 August 2023
- Accounting
National Treasury has issued a media statement confirming the availability of an ‘Energy Bounce Back...
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IRBA: Review of SAAEPS 1: Sustainability...
- 10 August 2023
- Accounting
IRBA (the Independent Regulatory Board for Auditors) is undertaking a Post-implementation Review of...
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SAICA: Feedback summary of meetings with...
- 08 August 2023
- Accounting
SAICA has published a feedback summary of the meeting held with SARS and the OTO (Office of the Tax...
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IAASB_FAQ on Proposed ISSA 5000
- 08 August 2023
- Accounting
The International Auditing and Assurance Standards Board (IAASB) has issued Frequently Asked Questio...
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IAASB: Proposed Global Sustainability As...
- 07 August 2023
- Accounting
The International Auditing and Assurance Standards Board (IAASB) has issued its proposed Internation...
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EE Compliance Certificate: Department of...
- 03 August 2023
- Accounting
The Department of Labour has confirmed that an Employment Equity (EE) Certificate is a prerequisite...
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Office of the Tax Ombud Newsletter
- 04 August 2023
- Accounting
The Office of the Tax Ombud have issued their latest Fairplay Newsletter (Issue 30).
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IESBA: Interactive 2022 Annual Report
- 02 August 2023
- Accounting
The International Ethics Standards Board for Accountants (IESBA) has released its 2022 Annual Report...
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CIPC: Directors to provide evidence of i...
- 02 August 2023
- Accounting
The Companies and Intellectual Property Commission (CIPC) will be requesting directors of companies...
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CSOS: Practice Directive on POPIA for Co...
- 01 August 2023
- Accounting
The Community Schemes Ombud Service (CSOS) issued a practice directive to provide guidance on the pr...
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CIPC: Practice notice 2 of 2023 – Proces...
- 28 July 2023
- Accounting
The CIPC has issued Practice Notice 2 of 2023 regarding access to the website on the process to amen...
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CIPC: Practice notice 1 of 2023 – Challe...
- 28 July 2023
- Accounting
The CIPC has issued Practice Notice 1 of 2023 regarding the Challenges encountered when filing appli...
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SARS Tax Practitioner Unit: Representati...
- 31 July 2023
- Accounting
It has been reported that SARS Tax Practitioner Unit no longer accepts Representative Taxpayers othe...
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CIPC: Reminder to customers: CIPC is cha...
- 28 July 2023
- Accounting
The CIPC has taken a strategic decision to phase out the current payment platform of Electronic Fund...
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Trust Accounts: Legal Practitioners
- 27 July 2023
- Accounting
The LPFF (Legal Practitioners Fidelity Fund) has issued 6 important publications re Engagements on L...
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Employment Equity: Annual targets must b...
- 26 July 2023
- Accounting
The Department of Labour has confirmed that employers are expected to comply with their own set of a...
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CIPC: Reminder to Companies and Close Co...
- 25 July 2023
- Accounting
The CIPC urges all companies and close corporations to file their Annual Returns and hereby reminds...
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CIPC: Securities register and beneficial...
- 25 July 2023
- Accounting
The Companies and Intellectual Property Commission (CIPC) has announced the release of enhancements...
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SARS Final Diesel Refund provisions
- 24 July 2023
- Accounting
SARS has gazetted the final provisions in respect of the diesel refund system for manufacturers of f...
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IRBA: News issue #62
- 21 July 2023
- Accounting
IRBA have released their latest quarterly newsletter, providing useful summaries of changes to vario...
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CGSO: Newsletter 1st Quarter 2023
- 21 July 2023
- Accounting
The CGSO has issued their 1st Quarter newsletter that covers the period March to May 2023.
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SARS Scam alert: SMS online payment
- 20 July 2023
- Accounting
SARS has warned the public to be on the alert for a scam circulated through text messages talking ab...
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POPIA: Information Regulator issued R5mi...
- 19 July 2023
- Accounting
The Information Regulator has issued an infringement notice and a R5 million administrative fine to...
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National Small Enterprise Development Bi...
- 18 July 2023
- Accounting
The Department of Small Business Development has gazetted the National Small Enterprise Development...
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National Minimum Wage: Exemption require...
- 17 July 2023
- Accounting
The Department of Employment and Labour has issued a media release confirming that Employers who can...
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IRBA: Reminder to use new PPA reports
- 13 July 2023
- Accounting
IRBA has published a Reminder about the New Illustrative Reports to be used by Independent Assurance...
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PPRA: Revised Guideline on Audit Account...
- 12 July 2023
- Accounting
The PPRA (Property Practitioners Regulatory Authority) has issued the Revised Guideline on Audit Acc...
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SARS: Medical Tax Credits Guide
- 10 July 2023
- Accounting
SARS has updated and published their Guide on the Determination of Medical Tax Credits.
Read More
Headline Earnings: Circular 1/2023
- 07 July 2023
- Accounting
SAICA has updated Circular 1/2023 on Headline Earnings to consider the requirements of IFRS 17 – Ins...
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NPO Registration with Directorate
- 07 July 2023
- Accounting
The Department of Social Development has issued a notice in terms of Section 12(1)(c) of the Nonprof...
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Review of companies and CCs enquiry cate...
- 06 July 2023
- Accounting
CIPC has issued a notice to inform customers that CIPC will be merging certain Companies and Close C...
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Office of the Tax Ombud Newsletter
- 06 July 2023
- Accounting
The Office of the Tax Ombud have issued their Fairplay Newsletter (Issue 29).
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SARS: 2023 Filing season for Individuals...
- 05 July 2023
- Accounting
SARS has issued a media release confirming that the 2023 filing season for individuals (provisional...
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SARS: 11 Updated Guides for Filing Seaso...
- 05 July 2023
- Accounting
SARS have updated 11 guides for Filing Season 2023 starting on 7 July 2023 @ 8pm.
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PAIA annual report: Deadline extended
- 30 June 2023
- Accounting
The Information Regulator has extended the deadline for submission of PAIA Annual Reports to 7 July...
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Scam: Income Tax_VAT Returns
- 29 June 2023
- Accounting
SARS has warned the public to be on the alert for a scam circulated through text messages talking ab...
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CIPC: Unauthorised use of CIPC name, abb...
- 27 June 2023
- Accounting
The Companies and Intellectual Property Commission (CIPC) reminded customers that the words COMPANIE...
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CIPC: Relaunch and automation of associa...
- 27 June 2023
- Accounting
The Companies and Intellectual Property Commission (CIPC) will be relaunching the associated name re...
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Tax: Credits from power fed back into th...
- 23 June 2023
- Accounting
SARS has published a Draft Guide on the Tax treatment of credits from power fed back into the electr...
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Beneficial Ownership FAQs
- 22 June 2023
- Accounting
CIPC has issued 31 FAQs (Frequently Asked Questions) on Beneficial Ownership, which comprises compre...
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COIDA Draft Regulations
- 20 June 2023
- Accounting
The Department of Employment and Labour has gazetted the draft regulations for rehabilitation, reint...
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Average Exchange Rates
- 20 June 2023
- Accounting
SARS has published the latest quarterly update to the Average Exchange Rates.
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Draft Bills and Explanatory Memoranda
- 19 June 2023
- Accounting
The National Treasury and SARS have published for public comment, the revised 2023 Draft Revenue Law...
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Maximum Monetary Fines in terms of Audit...
- 19 June 2023
- Accounting
On recommendation of IRBA, National Treasury has gazetted the new Maximum monetary fines in terms of...
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Who must submit returns for the 2023 tax...
- 19 June 2023
- Accounting
SARS has gazetted the schedule that specifies the persons who must submit returns for the 2023 year...
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Guide: Enhancing Greenhouse Gas (GHG) Re...
- 15 June 2023
- Accounting
IFAC (the International Federation of Accountants) and We Mean Business Coalition (WMBC), have relea...
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Auditor accreditation model: Proposed JS...
- 14 June 2023
- Accounting
SAICA has submitted a comment letter on the proposed amendments to the JSE Limited Listings Requirem...
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Update: Accounting Guideline on GRAP 19
- 07 June 2023
- Accounting
The Office of the Accounting-General in the Department of National Treasury has published an updated...
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FAQs on Modified Cash Standard (MCS) fin...
- 07 June 2023
- Accounting
The Office of the Accountant General in National Treasury has published a new FAQ document relating...
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Co-Operative members to update details
- 06 June 2023
- Accounting
As part of their continuous efforts to improve their customer service offering, CIPC issued this Not...
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Money Laundering: case studies
- 06 June 2023
- Accounting
The FIC (Financial Intelligence Centre) has produced and published a compilation of case studies and...
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Deferred tax: Changes to IAS 12
- 05 June 2023
- Accounting
The International Accounting Standards Board (IASB) has issued amendments to IAS 12 Income Taxes.
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Scam: SARS Tax refunds email scam
- 02 June 2023
- Accounting
SARS has warned about the latest scam, which is an email containing a letter with the title ‘Tax Ref...
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Scam: SARS Account in arrears
- 02 June 2023
- Accounting
SARS has warned about the latest scam, which is an email seemingly from a Gauteng.gov.za email addre...
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SARS: Updated Dispute Resolution Guide
- 01 June 2023
- Accounting
SARS has published an updated Dispute Resolution Guide on the Rules Promulgated in terms of Section...
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COIDA: New Maximum Earnings on Provision...
- 01 June 2023
- Accounting
The Department of Labour has gazetted an increase in the Maximum Earnings to R568 959 on Provisional...
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Deadline extended! COIDA 2022 Return of...
- 01 June 2023
- Accounting
The deadline for submission of the Return of Earnings (ROE) by employers for the 2022 Assessment per...
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Companies Amendment Regulations 2023: pr...
- 31 May 2023
- Accounting
The CIPC (Companies and Intellectual Property Commission) announced the promulgation of amendments t...
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Beneficial Ownership: User Guide
- 31 May 2023
- Accounting
The CIPC has published a User Guide on Beneficial Ownership filing (including Explanatory Notes and...
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CIPC: Beneficial Ownership filing Guidan...
- 31 May 2023
- Accounting
The CIPC has published a guidance notice to give effect and provide guidance on filing of Beneficial...
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SARS: Interpretation Note 74 on Repairs
- 23 May 2023
- Accounting
SARS has updated and issued Interpretation Note 74 on the Deduction and recoupment of expenditure in...
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CA2025 Simulations Guideline
- 18 May 2023
- Accounting
SAICA has published Guidelines for Simulations applicable to the CA2025 programme – to be implemente...
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CGSO: Special Tribute Edition Newsletter
- 17 May 2023
- Accounting
The CGSO’s special tribute edition newsletter covers the period January to February 20232, and conta...
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Companies Tribunal: Newsletter
- 17 May 2023
- Accounting
The Companies Tribunal present this fourth quarter Bulletin newsletter for the period January to Mar...
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POPIA Enforcement notice issued to Dept...
- 15 May 2023
- Accounting
The Information Regulator issued an Enforcement Notice to the Department of Justice and Constitution...
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Reminder! PAIA reports are due by 30 Jun...
- 15 May 2023
- Accounting
The Information Regulator has issued a media statement and an invitation, reminding Public and Priva...
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Telegram Scam
- 15 May 2023
- Accounting
SARS warns the public against a new phishing scam where scammers are pretending to be from SARS, and...
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NEW! SARS changes VAT registration rules...
- 12 May 2023
- Accounting
The South African Revenue Service (SARS) will be tightening its VAT registration processes after it...
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Solar panels: A few point-worthy aspects...
- 12 May 2023
- Accounting
This article by a legal practitioner provides a few point-worthy aspects to remember on Renewable en...
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CCMA: Amended Rules and LRA Forms
- 11 May 2023
- Accounting
The Department of Employment and Labour has published amended Rules for the Commission for Conciliat...
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Reminder: New Accountable Institutions (...
- 11 May 2023
- Accounting
This is a reminder to all persons and entities that became accountable institutions in terms of the...
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Reminder: TCSPs (including Accountants)...
- 11 May 2023
- Accounting
This is a reminder to all auditors and accountants who are accountable institutions to submit their...
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NPO Counter-Money Laundering Regulations...
- 10 May 2023
- Accounting
The Department of Social Development has gazetted regulations under the Non-Profit Organisation Act,...
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Online verification of CIPC disclosure c...
- 10 May 2023
- Accounting
The Companies and Intellectual Property Commission (CIPC) has issued a Notice to confirm that the el...
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Proposed Revisions for Going Concern Sta...
- 05 May 2023
- Accounting
IAASB has opened Public Consultation after publishing an Exposure Draft with the proposed revisions...
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IRBA: News issue #61
- 05 May 2023
- Accounting
IRBA have released their latest quarterly newsletter, providing useful summaries of changes to vario...
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Explanatory Commentary on Body Corporate...
- 04 May 2023
- Accounting
SAICA has published an explanatory commentary document which would assist body corporates when prepa...
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Public Interest Entity Definitions: Data...
- 03 May 2023
- Accounting
IESBA Staff has developed and released a Database of Public Interest Entity Definitions by Jurisdict...
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ICB Financial Accounting
- 04 May 2023
- Accounting
Do you want to be able to offer indispensable bookkeeping and financial accounting skills, or become...
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FICA Handbook for Law Firms
- 03 May 2023
- Accounting
This guide outlines what is expected from law firms, and was created by DocFox as a handy guide that...
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Solar panel installers proposed to repor...
- 02 May 2023
- Accounting
SARS issued a Draft Notice which considers imposing a requirement on the solar installer to report t...
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Renewable energy incentives
- 26 April 2023
- Accounting
National Treasury and SARS have published the renewable energy incentives in the 2023 Draft Taxation...
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Proposed new standard for Sustainability...
- 26 April 2023
- Accounting
The IAASB has moved up the timeline to consult before issuing the Proposed new standard for Sustaina...
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AGMs: NonBinding Legal Opinion
- 25 April 2023
- Accounting
The Companies and Intellectual Property Commission (CIPC) has issued a non-binding legal opinion in...
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Reminder: AUP (Agreed-Upon Procedures) R...
- 24 April 2023
- Accounting
This is an important reminder to all legal practitioners with a trust account, that, in order to cla...
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Transitional relief to support companies...
- 24 April 2023
- Accounting
The ISSB (International Sustainability Standards Board) is to provide transitional relief to support...
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CIPC: Requirements and processing of req...
- 19 April 2023
- Accounting
CIPC has issued Practice Notice 21 of 2023, which sets out the requirements for requesting expedited...
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COIDA: Confirmation of Life
- 14 April 2023
- Accounting
It has been gazetted that Pensioners, beneficiaries and recipients who receive a monthly pension fro...
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2022 ROE form updated
- 14 April 2023
- Accounting
The Compensation Commission published an updated CF-2A ROE (Return of Earnings) form for 2022, inclu...
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Deceased Estate Appointments: Implementa...
- 12 April 2023
- Accounting
The Master’s Office is implementing a QR code on Master’s appointment letters to curb fraud and ensu...
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Trustee Beneficial Ownership (BO) regist...
- 12 April 2023
- Accounting
The Master’s Office has released an excel template to be used by trustees to capture beneficial owne...
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SARS Travel eLogbook 2023/24
- 05 April 2023
- Accounting
SARS has published the Travel eLogbook for use by taxpayers to record their daily business travel fo...
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COMING IN 2024! Standards on sustainabil...
- 05 April 2023
- Accounting
The International Ethics Standards Board for Accountants (IESBA) and International Auditing and Assu...
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COIDA: New Medical Tariffs effective 1 A...
- 04 April 2023
- Accounting
The Department of Employment & Labour has announced a 4% increase in medical tariffs across a broad...
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Trust Property Control Act now in force
- 03 April 2023
- Accounting
The Department of Justice & Constitutional Development has gazetted the Amendments to the Trust Prop...
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FIC: Directive on Employee screening
- 03 April 2023
- Accounting
The Financial Intelligence Centre (FIC) has gazetted a directive requiring all accountable instituti...
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FIC: Directives on Risk and Compliance R...
- 03 April 2023
- Accounting
The Financial Intelligence Centre (FIC) has gazetted 2 directives (in force from 31 March 2023) on t...
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CIPC: 647 835 companies and close corpor...
- 03 April 2023
- Accounting
CIPC has deregistered 647 835 companies and close corporations, which have been in Annual Return Der...
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CIPC: Final deregistration of companies...
- 03 April 2023
- Accounting
CIPC will be commencing final deregistration of all companies and close corporations which have been...
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CIPC: Delay in processing credit notes
- 30 March 2023
- Accounting
The Companies and Intellectual Property Commission (CIPC) has issued a notice to apologise to custom...
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CIPC: Beneficial Ownership reporting – d...
- 03 April 2023
- Accounting
The Companies and Intellectual Property Commission (CIPC) engaged with stakeholders on the practical...
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CIPC: Requirements for the appointment o...
- 30 March 2023
- Accounting
The Companies and Intellectual Property Commission (CIPC) has issued a notice to update customers on...
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SARS Tax Practitioner Connect Newsletter
- 29 March 2023
- Accounting
SARS has published Issue 40 of the Tax Practitioner Connect newsletter which includes information on...
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Urgent! IRBA Tax practitioners no longer...
- 28 March 2023
- Accounting
This is an Urgent Reminder that all individuals registered as tax practitioners with the IRBA must t...
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COIDA FAQs
- 28 March 2023
- Accounting
The Department of Labour has published a collection of Frequently Asked Questions (FAQs) on the Comp...
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Why Study Accounting?
- 27 March 2023
- Accounting
Accounting is an essential part of the financial world that helps individuals and businesses to trac...
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COIDA 2022 Return of Earnings due by 31...
- 22 February 2023
- Accounting
The submission of the Return of Earnings (ROE) by employers for the 2022 Assessment period (Financia...
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Solar tax deductions for businesses: exp...
- 20 March 2023
- Accounting
From 1 March 2023, businesses will qualify for a 125% tax deduction on qualifying investment costs f...
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IRBA publishes 2022 Public Inspections R...
- 20 March 2023
- Accounting
The IRBA has released its 2022 Public Inspections Report, which covers the 1st year of the IRBA's 8t...
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Property Practitioners: Illustrative Ass...
- 22 March 2023
- Accounting
IRBA has issued a suite of Illustrative Reports to be used by Independent Assurance Practitioners wh...
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Draft Companies Amendment Regulations
- 23 March 2023
- Accounting
The Department of Trade, Industry and Competition has published the Draft Companies Amendment Regula...
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Latest FAQs on GRAP
- 07 March 2023
- Accounting
The Accounting Standards Board (ASB) has issued the latest Frequently Asked Questions on Standards o...
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IFRS Sustainability standards: effective...
- 07 March 2023
- Accounting
The International Sustainability Standards Board (ISSB) has tentatively decided to require that IFRS...
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Office of the Tax Ombud Newsletter
- 08 March 2023
- Accounting
The Office of the Tax Ombud have issued their latest Fairplay Newsletter (Issue 28).
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SMME employee support programme
- 08 March 2023
- Accounting
To promote transformation and accessibility to the Audit Development Programme (ADP), there is an ex...
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Updated: Guide for Employers in respect...
- 09 March 2023
- Accounting
SARS has published the Guide for Employers in respect of Allowances, updated for amendments resultin...
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Donations receipt: More info now require...
- 09 March 2023
- Accounting
SARS have published further information that must be contained in a receipt issued in terms of secti...
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VAT: Input tax on motor cars
- 09 March 2023
- Accounting
SARS has shed some light on whether input tax can be deducted on the acquisition of a motor car, and...
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Ethics: Q&As on new definitions of Liste...
- 13 March 2023
- Accounting
IESBA Staff has released 20 Q&As to Spotlight Key Changes to the Definitions of Listed Entity and Pu...
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Important! ROE Online System shutdown
- 14 March 2023
- Accounting
The Department of Employment and Labour has informed all Employers (via Twitter) that the Compensati...
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NEW! PayShap
- 16 March 2023
- Accounting
With the launch of the new interbank, real-time digital payments service, known as PayShap, South Af...
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NEW! SARS Dispute Rules
- 13 March 2023
- Accounting
The Minister of Finance has gazetted the new SARS Dispute Rules promulgated under Section 103 of the...
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CIPC: General Beneficial Ownership Notic...
- 03 March 2023
- Accounting
CIPC informs the public that they will be amending regulations to address beneficial ownership requi...
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Tax planning and related services: Revis...
- 03 March 2023
- Accounting
IESBA invites comments on the Exposure Draft Proposed Revisions to the Code Addressing Tax Planning...
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Guidelines: Sensitive Information exchan...
- 03 March 2023
- Accounting
The Competition Commission has gazetted guidelines on the exchange of competitively sensitive inform...
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Body Corporate – Illustrative example of...
- 01 March 2023
- Accounting
SAICA has published the final template for IFRS for SMEs Illustrative Annual Financial Statements fo...
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Disaster Regulations | Potential impact...
- 01 March 2023
- Accounting
The Regulations issued in terms of the Disaster Management Act might have a potential impact on the...
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Update: Specimen AFS for Departments
- 27 February 2023
- Accounting
The Office of the Accountant General in National Treasury has published an update to the Specimen an...
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SAICA: Code of Professional Conduct – 20...
- 27 February 2023
- Accounting
The SAICA Board adopted the International Code of Ethics for Professional Accountants (including Int...
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SAICA Code: Revisions to the Definitions...
- 06 March 2023
- Accounting
SAICA has proposed amendments to the SAICA Code of Professional Conduct, and releases Revisions to t...
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CIPC_iXBRL and IFRS compliant AFS
- 28 February 2023
- Accounting
The CIPC has emphasized that companies should provide financial statements that are aligned with the...
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IESBA Strengthens and Clarifies Independ...
- 28 February 2023
- Accounting
The International Ethics Standards Board for Accountants (IESBA) has released final revisions to the...
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2023 Budget Summary
- 22 February 2023
- Accounting
The Minister of Finance announced the National Budget for 2023, including changes in tax rates, duti...
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New SARS rate per km & Subsistence amoun...
- 28 February 2023
- Accounting
SARS has issued income tax notices setting out the New SARS rate per kilometre as well as Subsistenc...
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Solar Panel Tax Incentive: FAQs
- 27 February 2023
- Accounting
National Treasury has published a Frequently Asked Questions (FAQ) document on the Solar Panel tax i...
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Implementing the IAASB’s Quality Managem...
- 23 February 2023
- Accounting
IFAC reminded firms and professional accountancy organizations (PAOs) of available materials that ca...
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Office of the Tax Ombud Newsletter
- 06 December 2022
- Accounting
The Office of the Tax Ombud have issued their Fairplay Newsletter (Issue 27).
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Draft Regulations re accountable institu...
- 11 January 2023
- Accounting
The Department of Justice has issued the 2023 Draft Regulations relating to beneficial ownership reg...
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SAICA guide on regulatory reporting duti...
- 21 February 2023
- Accounting
SAICA has issued a guide on regulatory reporting duties, which sets out reporting requirements for a...
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Money Laundering amendments
- 01 February 2023
- Accounting
Money Laundering & Terrorism Financing Control Regulations amendments are effective from 1 February...
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2022 Sectional Titles Amendment Act now...
- 05 January 2023
- Accounting
The Sectional Titles Amendment Act, 2022, has been gazetted and came into effect on 5 January 2023.
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CIPC: Conflicting registration numbers a...
- 16 February 2023
- Accounting
CIPC has issued a notice to explain the disparity of registration numbers and incorporation dates.
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CIPC: Annual Return Filing Update
- 24 January 2023
- Accounting
CIPC has issues a notice to update customers on the errors on incorrect billing and other issues whe...
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Update! CIPC Troubleshooting sessions &...
- 27 January 2023
- Accounting
CIPC recently hosted some troubleshooting sessions to help customer navigate the upgraded E-services...
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IFRS 17 Insurance Contracts comes into e...
- 15 February 2023
- Accounting
This is a reminder that IFRS 17 Insurance Contracts came into effect on 1 January 2023.
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CGSO Consumers Alert: Reliable Store
- 14 February 2023
- Accounting
The CGSO (Consumer Goods and Services Ombud) has issued another consumer alert for the year against...
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Reminder: Important dates for SAICA decl...
- 13 February 2023
- Accounting
This serves as a reminder of important upcoming dates for SAICA declarations. The 2022 CPD Declarati...
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IRBA: 4th Audit Quality Indicators Repor...
- 10 February 2023
- Accounting
IRBA has published their fourth Audit Quality Indicators Report, which confirms that the talent turn...
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The Information Regulator's first bite!
- 08 February 2023
- Accounting
In what constitutes one of the Information Regulator's biggest investigations to date, the Informati...
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IRBA Code: Revised definitions of Listed...
- 06 February 2023
- Accounting
IRBA has approved the proposed amendments to the definitions of Listed Entity and Public Interest En...
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Crypto Asset Service Providers must now...
- 01 February 2023
- Accounting
Crypto Asset Service Providers are now classified as accountable institutions, on who FIC may impose...
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Revised Due Process Policy & Revised Sta...
- 31 January 2023
- Accounting
IRBA has approved the release of the Proposed Due Process Policy for the Development, Adoption and I...
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Medical Schemes Accounting Guide
- 26 January 2023
- Accounting
SAICA has revised and issued the Medical Schemes Accounting Guide for the year ending 31 December 20...
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IFRS Standard IAS 1: how amendments made...
- 10 January 2023
- Accounting
The International Auditing and Assurance Standards Board (IAASB) has published new guidance to help...
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Payment of Pension Fund Contributions
- 09 January 2023
- Accounting
The FSCA has determined and published the format of documents in respect of requirements related to...
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Crypto Assets: Policy document
- 07 December 2022
- Accounting
The FSCA has issued a policy document supporting the declaration of Crypto Assets as a financial pro...
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Public sector: new Macro for 2022/2023 A...
- 06 December 2022
- Accounting
National Treasury has published a new Macro for 2022/2023 AFS.
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Guideline on Materiality: Modified Cash...
- 01 December 2022
- Accounting
National Treasury has published the MCS (Modified Cash Standard) Guideline on Materiality.
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Accounting Guideline on GRAP 108
- 25 November 2022
- Accounting
The Office of the Accounting-General in the Department of National Treasury has published Accounting...
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Accounting Guideline on GRAP 104
- 24 November 2022
- Accounting
The Office of the Accounting-General in the Department of National Treasury has published Accounting...
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Prescribed auditor report templates: Med...
- 23 November 2022
- Accounting
The CMS (Council for Medical Schemes) has published the prescribed statutory auditor report template...
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JSE: Proposed financial reporting disclo...
- 22 November 2022
- Accounting
The JSE is proposing amendments to the JSE Listings Requirements and JSE Debt Listings Requirements,...
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Support for small firms on the IAASB’s Q...
- 18 November 2022
- Accounting
The IFAC has released the first installment in a three-part publication series to help small- and me...
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Sustainability Assurance Engagements: FA...
- 17 November 2022
- Accounting
IRBA has issued the IRBA Staff Audit Practice Alert 8: Frequently Asked Questions on Sustainability...
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Amendments to IAS 1: Long-term debt with...
- 16 November 2022
- Accounting
The International Accounting Standards Board (IASB) has issued amendments to IAS 1 Presentation of F...
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Spotlight on Fraud
- 15 November 2022
- Accounting
The IAASB is currently working on a project to revise ISA 240, The Auditor’s Responsibilities Relati...
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Audit Evidence standard: Proposed change...
- 14 November 2022
- Accounting
The IAASB has published an Exposure Draft with the proposed changes to ISA 500 (Revised), Audit Evid...
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Ethics considerations in Sustainability...
- 11 November 2022
- Accounting
IESBA’s staff has published a document highlighting the relevance and applicability of the IESBA Cod...
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Increase in FICA Cash threshold reportin...
- 10 November 2022
- Accounting
As from 14 November the prescribed amount of cash above which a transaction must be reported will be...
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EMP501: Payments pre-populated incorrect...
- 09 November 2022
- Accounting
This tax alert notes that SARS has advised that the pre-population of the payment values on the EMP5...
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Crypto Assets in SA are now recognised a...
- 08 November 2022
- Accounting
The FSCA has published a notice to confirm that Crypto Assets in SA are now legally recognised as fi...
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Office of the Tax Ombud: Newsletter
- 07 November 2022
- Accounting
The OTO (Office of the Tax Ombud) has published their latest newsletter, Fair Play 26, to celebrate...
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Net zero disclosures - what do investors...
- 04 November 2022
- Accounting
The FRC (Financial Reporting Council) has published a lab report on Net zero disclosures, which is s...
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Ethics and Independence: Considerations...
- 25 October 2022
- Accounting
IESBA Staff has issued an Alert Highlighting Key Ethics and Independence Considerations for Accounta...
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Ethics: Guidance on Application of IESBA...
- 20 October 2022
- Accounting
IESBA and JICPA staff issued joint guidance illustrating the Application of the IESBA Code to Techno...
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IFAC Technology Matrix
- 19 October 2022
- Accounting
IFAC has created a Technology Matrix as a quick guide to help stakeholders understand and access the...
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Final guidelines: small merger notificat...
- 18 October 2022
- Accounting
The Competition Commission of South Africa recently published its final guidelines on small merger n...
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Accounting for landfill sites
- 17 October 2022
- Accounting
The Accounting Standards Board (ASB) has issued Guidance on the accounting for landfill sites to be...
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Amendments to GRAP 1 to “cut clutter” in...
- 14 October 2022
- Accounting
The Accounting Standards Board (ASB) has issued amendments to GRAP 1 on Presentation of Financial St...
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Maximum Monetary Fines in terms of Audit...
- 13 October 2022
- Accounting
National Treasury has gazetted the newly proposed Maximum Monetary Fines in terms of Auditing Profes...
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Proposed revisions to the Headline earni...
- 12 October 2022
- Accounting
SAICA has issued Exposure Draft ED 405 on the Proposed revisions to the Headline earnings Circular.
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AUP Engagements: SAICA_FAQs on Applicati...
- 11 October 2022
- Accounting
SAICA has published FAQs on the Application of ISRS 4400 (Revised) for Agreed-Upon Procedures (AUP)...
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CIPC List of Accredited Professional Bod...
- 10 October 2022
- Accounting
CIPC has published a List of 11 accredited bodies whose members are eligible as business rescue prac...
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CIPC: New call centre system and interac...
- 06 October 2022
- Accounting
CIPC launched a new call centre and interactive voice response system.
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Public Schools_Guideline for Preparation...
- 30 September 2022
- Accounting
The National Department of Basic Education (DBE) has issued the Guideline for Preparation of Financi...
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Heritage Assets
- 29 September 2022
- Accounting
The ASB has published the approved Standard of GRAP 103 on Heritage Assets which is not yet effectiv...
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Business rescue practitioners and busine...
- 28 September 2022
- Accounting
SAICA released 18 Frequently asked question for Business rescue practitioners and business rescue ad...
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Application of the ISAs: Updated FAQs by...
- 23 September 2022
- Accounting
SAICA has once again, updated the previously published FAQs on application of the ISAs on matters ar...
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Deactivation of Domain Names
- 16 September 2022
- Accounting
The CIPC has issued a notice confirming that the Domain Name Registration service will be temporaril...
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CoR123.2: Filing requirements for appoin...
- 15 September 2022
- Accounting
The CIPC has issued Notice 22 of 2022, which sets out the filing requirements for the appointment of...
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Notice of extension cooperatives XBRL
- 14 September 2022
- Accounting
CIPC has granted an extension of Co-operative annual submission of information to the Registrar (Ann...
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Automation of company records
- 13 September 2022
- Accounting
CIPC has gazetted the Notice of Introduction of online filing of notice of location of Company Recor...
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FSCA issues fines of nearly R30 million
- 12 September 2022
- Accounting
The Financial Sector Conduct Authority (FSCA) announced that it has completed its investigations int...
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Overview of the latest Communications fr...
- 09 September 2022
- Accounting
In the past 3 months, there has been several important communications that the International Auditin...
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Revisions to the NAS Provisions of the C...
- 08 September 2022
- Accounting
SAICA has reminded members and associates that the Revision to the Non-Assurance Services (NAS) Prov...
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Revisions to the NAS Provisions of the C...
- 08 September 2022
- Accounting
SAICA has reminded members and associates that the Revision to the Non-Assurance Services (NAS) Prov...
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Reminder: Online EE submissions
- 06 September 2022
- Accounting
Designated employers are reminded that the Online Employment Equity submissions start 1 September 20...
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CIPC Update on file transition project
- 01 September 2022
- Accounting
Retrieval of files will still not be optimal and delays will be experienced until the end of Novembe...
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Modified Cash Standards Accounting Manua...
- 29 August 2022
- Accounting
The Office of the Accountant General in National Treasury has published 11 Modified Cash Standards A...
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The classification of VAT
- 24 August 2022
- Accounting
The ASB (Accounting Standards Board) has issued a 6-page Fact Sheet on the Classification of VAT.
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Tips for launching advisory services
- 23 August 2022
- Accounting
Client accounting services or advisory accounting can be highly beneficial for accountants — offerin...
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Q&A: SARS 2022 Filing season
- 19 August 2022
- Accounting
SAICA has published a compilation of questions and answers regarding the SARS 2022 filing season.
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CIPC orders Nova to stop selling propert...
- 18 August 2022
- Accounting
The CIPC has ordered Nova to stop selling properties – which may impact their going concern status.
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FFC 2023 renewal: delays!
- 17 August 2022
- Accounting
The PPRA (Property Practitioners Regulatory Authority) has confirmed that they are experiencing dela...
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Scam re invoice from Standard Bank
- 11 August 2022
- Accounting
SARS warns the public against a new phishing scam purporting to be from Standard Bank, claiming that...
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SARS Tax Practitioner Connect Newsletter
- 10 August 2022
- Accounting
SARS has published Issue 34 of the Tax Practitioner Connect newsletter for July 2022.
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SAICA: List of Guides, Circulars and FAQ...
- 04 August 2022
- Accounting
SAICA has developed numerous guides, circulars and frequently asked questions to assist its members....
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Exposure Draft re Amendments PIEs
- 01 August 2022
- Accounting
The International Auditing and Assurance Standards Board (IAASB) has released proposed narrow scope...
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Q&A on Revised Non-Assurance Services pr...
- 29 July 2022
- Accounting
The Staff of the International Ethics Standards Board for Accountants (IESBA) has released a questio...
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CIPC_Return relating to directors and re...
- 28 July 2022
- Accounting
CIPC has issued Practice Note 18 of 2022, which now states that from 1 August 2022, there is an addi...
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CIPC_Voluntary deregistration of compani...
- 26 July 2022
- Accounting
From 1 July 2022, CIPC will allow voluntary deregistration applications in terms of Section 82(3) of...
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Labour inspectors on a mission
- 25 July 2022
- Accounting
Department of Employment and Labour Inspectorate recovers over R2 Million rands for non-compliance w...
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Trust Accounts: Legal Practitioners
- 14 July 2022
- Accounting
The LPFF (Legal Practitioners Fidelity Fund) has issued 4 important publications re Engagements on L...
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2022 Trust Account Audits (Property Prac...
- 13 July 2022
- Accounting
The PPRA (Property Practitioners Regulatory Authority) has issued a document emphasizing some transi...
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GRAP: Useful lives of assets
- 11 July 2022
- Accounting
The ASB has published Newsletter #4, where they discuss and confirm a few points to remember on the...
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Discretionary Grant: deadline extended
- 05 July 2022
- Accounting
FASSET has extended the closing date for the Discretionary Grant funding to 7 July 2022.
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Tips for online suppliers on how to ensu...
- 08 July 2022
- Accounting
The Consumer Goods & Services Ombud (CGSO) has published some useful tips for online suppliers on ho...
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Warning against an online retailer
- 07 July 2022
- Accounting
The Consumer Goods and Services Ombud (CGSO) has issued a warning to all consumers against PC Link C...
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Guidance on Principal-Agent Arrangements
- 05 July 2022
- Accounting
National Treasury has published guidance in the form of a presentation on the application of GRAP 10...
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JSE Sustainability disclosure Guidance
- 04 July 2022
- Accounting
JSE has published its first guidance on sustainability and climate disclosures, which illustrates th...
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Section 15 Retirement Fund AUP Engagemen...
- 01 July 2022
- Accounting
The FSCA (Financial Sector Conduct Authority) issued further clarification of the use of certain pre...
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Who is not eligible to register as a Tax...
- 01 July 2022
- Accounting
SARS has issued a Draft Interpretation Note on Persons not eligible to register as a Tax Practitione...
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Office of the Tax Ombud Newsletter
- 30 June 2022
- Accounting
The Office of the Tax Ombud have issued their Fairplay Newsletter (Issue 24).
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AFS template for government departments
- 29 June 2022
- Accounting
National Treasury has published the AFS template for the 2022/2023 financial year for comment and te...
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Who must submit returns for the 2022 tax...
- 28 June 2022
- Accounting
SARS has gazetted the schedule that specifies the persons who must submit returns for the 2022 year...
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FAQs re the Companies Act
- 28 June 2022
- Accounting
SAICA released 25 FAQs relating to the Companies Act addressing issues raised by SAICA members and a...
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Reminder: Trusts have a duty to register...
- 27 June 2022
- Accounting
SARS have published information to remind trusts of their duty to register trusts for income tax pur...
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Urgent clarification on the status of St...
- 27 June 2022
- Accounting
The Accounting Standards Board (ASB) has issued an urgent clarification on the status of Standards o...
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Tax practitioner registration & CPE: Cha...
- 23 June 2022
- Accounting
SARS announces changes to the Recognised Controlling Bodies (RCBs) criteria and certain processes (i...
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Implications for SA of new Revised Defin...
- 22 June 2022
- Accounting
IRBA announced that they will now consider the impact that the revised the IESBA Code has on the IRB...
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Revised GRAP 25 (Employee Benefits)
- 21 June 2022
- Accounting
The Office of the Accounting-General in the Department of National Treasury has issued Revised GRAP...
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Directors’ critical governance role in i...
- 20 June 2022
- Accounting
IFAC has issued a publication confirming that Boards of Directors have a critical governance role in...
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New SCOA Circular issued by National Tre...
- 14 June 2022
- Accounting
National Treasury has issued a New SCOA circular on the allocation of expenditure in response to the...
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CGSO Newsletter: 1st quarter 2022
- 13 June 2022
- Accounting
The CGSO’s latest newsletter covers the period January to March 2022, and contains interesting case...
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CIPC Practice Note on Independent Review
- 10 June 2022
- Accounting
CIPC has issued a Practice Note to clarify the additional reporting requirement for Annual Reporting...
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Deregistration from Compensation Fund
- 08 June 2022
- Accounting
The Compensation Commissioner gazetted and released Form CF-1C Application for employer deregistrati...
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Professional skepticism and inquiring mi...
- 08 June 2022
- Accounting
IFAC has published an article on Professional skepticism and inquiring mind - connecting the standar...
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New Guidance on Fraud in an Audit of Fin...
- 06 June 2022
- Accounting
The IAASB has Issued New Non-Authoritative Guidance on Fraud in an Audit of Financial Statements.
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Updated FAQs on MCS published
- 02 June 2022
- Accounting
The Office of the Accountant General in National Treasury has published a new FAQ document on the ap...
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Mindset and Enabling Skills of Professio...
- 31 May 2022
- Accounting
CPA Canada, ICAS, IESBA and IFAC release the 4th and final publication in series exploring Ethics in...
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ISA 600: Fact sheet
- 27 May 2022
- Accounting
The IAASB published a factsheet on the revised ISA 600: standard for audits of group financial state...
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Anti-Money Laundering: new Installment 9...
- 25 May 2022
- Accounting
IFAC released a new installment in the Anti-Money Laundering: The Basics educational series: Install...
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Anti-fraud leaflet
- 20 May 2022
- Accounting
SARS has published an Anti-fraud leaflet to assist taxpayers in protecting their tax profile from fr...
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2022 Tax Debt Management Guide
- 19 May 2022
- Accounting
SAICA has published their 2022 Tax Debt Management Guide, which includes the various provisions in t...
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GRAP 19 accounting manual/guideline upda...
- 18 May 2022
- Accounting
The Office of the Accounting-General in the Department of National Treasury has published an update...
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Direct Marketing: info and tips
- 17 May 2022
- Accounting
The Consumer Goods & Services Ombud (CGSO) has published some interesting facts that both suppliers...
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Trade Mark Certificates
- 16 May 2022
- Accounting
CIPC has issued a Practice Note stating that all trade mark related certificates will be issued elec...
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NEW! Revised standard for group audits
- 13 May 2022
- Accounting
The IAASB have published the Revised standard for group audits, which includes new and revised requi...
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Final Pronouncement: Revisions to the De...
- 12 May 2022
- Accounting
The IESBA released the Final Pronouncement: Revisions to the Definitions of Listed Entity and Public...
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CIPC: Status update on file transition p...
- 11 May 2022
- Accounting
CIPC confirmed that even though the move of files to the new storage facility was complete, delays w...
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Educational material on the application...
- 10 May 2022
- Accounting
SAICA has published educational material on the application of IAS 12 – Income Taxes and IFRS for SM...
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GRAP Tool on GRAP 13
- 09 May 2022
- Accounting
National Treasury has published GRAP tool on GRAP 13: Leases.
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GRAP Accounting and Disclosure Checklist...
- 06 May 2022
- Accounting
National Treasury has published the 2022 GRAP Accounting and Disclosure/Compliance Checklist.
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Accounting Guideline on GRAP 1
- 05 May 2022
- Accounting
The Office of the Accounting-General in the Department of National Treasury has published Accounting...
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Modified Cash Standard FAQs
- 04 May 2022
- Accounting
National Treasury has published Annual Financial Statements 2021/2022 FAQs on Modified Cash Standard...
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Legal compliance considerations in a vir...
- 03 May 2022
- Accounting
SAICA has released FAQs (Frequently Asked Questions) on Legal compliance considerations in a virtual...
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Updated Guide on Retention of Records
- 29 April 2022
- Accounting
The updated SAICA Retention of records guide has been released.
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Anti-fraud collaboration webpage
- 26 April 2022
- Accounting
Audit committees and external auditors can find resources on deterring and detecting fraud by visiti...
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Property Practitioners: Guidelines on Au...
- 25 April 2022
- Accounting
The Property Practitioners Regulatory Authority invites inputs and comments on the draft Guidelines...
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Anti-Money Laundering: new Installment 8...
- 12 April 2022
- Accounting
IFAC released a new installment in the Anti-Money Laundering: The Basics educational series: Install...
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Four skills internal auditors should dev...
- 06 April 2022
- Accounting
The Institute of Internal Auditors have published an article that takes a look at 4 skills internal...
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Identifying and mitigating bias and mis-...
- 01 April 2022
- Accounting
IFAC released the 3rd publication in a 4-part thought-leadership series examining the impact of rapi...
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New IFAC Digital platform assists public...
- 31 March 2022
- Accounting
IFAC launched a new digital platform, Pathways to Accrual
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Anti-Money Laundering: new Installment 7...
- 30 March 2022
- Accounting
IFAC released a new installment in the Anti-Money Laundering: The Basics educational series: Install...
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Independence expectations in Group Audit...
- 29 March 2022
- Accounting
IESBA released the Exposure Draft: Proposed Revisions to the Code Relating to the Definition of Enga...
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Summary Update on Covid19 TERS and UIF p...
- 28 March 2022
- Accounting
The Department of Labour provided an Update on Covid-19 TERS and normal UIF benefit payments in Limp...
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IFAC_Time for action on sustainability
- 25 March 2022
- Accounting
IFAC has published an explanatory document that states that it is time for action on sustainability,...
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CPA Guidelines for calculating cancellat...
- 24 March 2022
- Accounting
The CGSO has published the 2nd Part of information that provides guidelines for calculating cancella...
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Quality Management: Focus area
- 23 March 2022
- Accounting
The IAASB have created a dedicated webpage with all their resources that relate to the new and revis...
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Proposed Technology-related enhancements...
- 22 March 2022
- Accounting
IESBA has issued an Exposure Draft on Proposed Technology-related Revisions to the Code.
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Name Reservation and Approval
- 14 March 2022
- Accounting
CIPC confirms that a for-profit company may be registered without a name.
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New International Public Sector Accounti...
- 11 March 2022
- Accounting
International Public Sector Accounting Standards (IPSAS) 43 on Leases was approved and will replace...
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New platform available to access Interna...
- 09 March 2022
- Accounting
IFAC has launched their handy new platform available to access International Standards.
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Updated proposed on Conceptual Framework...
- 04 March 2022
- Accounting
The ASB issued ED 197 on proposed Conceptual Framework Update: Chapter 3, Qualitative Characteristic...
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Reminder: Co-operatives to submit financ...
- 24 February 2022
- Accounting
Remember that Co-operatives have to submit financial statements via XBRL from 1 April 2022.
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SAICA: Updated FAQs on application of th...
- 23 February 2022
- Accounting
SAICA has updated the previously published FAQs on application of the ISAs on matters arising from m...
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Consumer Goods and Services Ombud (CGSO)...
- 17 February 2022
- Accounting
The Consumer Goods and Services Ombud (CGSO) has announced that all eligible suppliers of consumer g...
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Certification requirements for documents...
- 16 February 2022
- Accounting
CIPC has issued a Practice Note to confirm the Certification requirements for documents filed with t...
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Consumer Goods and Services Ombud (CGSO)...
- 14 February 2022
- Accounting
The Consumer Goods and Services Ombud (CGSO) has issued a warning to all consumers against Online at...
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Consumer Goods and Services Ombud (CGSO)...
- 09 February 2022
- Accounting
The CGSO has published the 1st Part of information that clarifies the confusion about the rights and...
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FAQs on Revised Fee-related Provisions o...
- 09 February 2022
- Accounting
The Staff of the International Ethics Standards Board for Accountants (IESBA) released a set of freq...
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Reminder: The new AUP standard is now ef...
- 24 January 2022
- Accounting
The Revised ISRS 4400 is now effective for Agreed-Upon Procedures engagements for which the terms of...
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Body Corporate Template AFS 2021
- 10 January 2022
- Accounting
SAICA has issued the draft IFRS for SMEs Illustrative Financial Statements for Body Corporates.
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How to account for Inventory write-offs...
- 10 January 2022
- Accounting
SAICA has published educational material on presentation of inventory write-offs and costs as a resu...
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2022 MTEF Guidelines for Public Entities
- 10 January 2022
- Accounting
National Treasury has issued Public Entities MTEF (Medium Term Exposure Framework) guidelines for co...
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NEW! SAICA 2022 Training Regulations
- 10 January 2022
- Accounting
SAICA has published the new 2022 Training Regulations, which become effective on 1 January 2022.
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CIPC: Appointing and resignation of audi...
- 06 December 2021
- Accounting
CIPC have announced that only the current directors and/or the current company secretary of the comp...
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Important SAICA Deadline!
- 06 December 2021
- Accounting
As per SAICA’s CPD policy, all SAICA members and associates need to complete their annual declaratio...
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Fraudulent scheme by directors - who get...
- 30 November 2021
- Accounting
If the directors of a company defraud its customers, the proceeds can belong to the company.
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CIPC Alternative to call centre
- 30 November 2021
- Accounting
Due to technical difficulties, the CIPC call centre is currently closed. CIPC suggests using the En...
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IAASB & IFAC: Less Complex Entities Cons...
- 30 November 2021
- Accounting
IAASB &IFAC have released the Less Complex Entities Consultation Survey, as an easy alternative to p...
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Reminder: ISRS 4400 (Agreed-Upon Procedu...
- 23 November 2021
- Accounting
ISRS 4400 (Revised) will be effective for AUP engagements for which the terms of engagement are agre...
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Draft Companies Amendment Bill: Some goo...
- 22 November 2021
- Accounting
An interesting proposal in the Draft Companies Amendment Bill is that all share buy-backs in terms o...
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POPIA for community schemes and gated co...
- 18 November 2021
- Accounting
Community schemes and gated communities that do not meet the requirements of POPIA face hefty fines,...
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ASB proposes changes to the Standard on...
- 18 November 2021
- Accounting
The Accounting Standards Board (ASB) issued ED195 with proposed amendments to GRAP 103 on Heritage A...
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Compensation Commissioner: Notice on ban...
- 18 November 2021
- Accounting
The Compensation Commissioner issued a notice on banking information requirements in terms of sectio...
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Directors: Increased obligations and pot...
- 17 November 2021
- Accounting
Directors need to be aware of the increased obligations and potential exposure to liability as set o...
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Co-operative Annual returns and Annual s...
- 25 October 2021
- Accounting
The Co-operatives Division at the CIPC published a Notice on the requirements of submitting the annu...
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Latest Community Schemes Ombud Service (...
- 25 October 2021
- Accounting
The CSOS (Community Schemes Ombud Service) has issued 3 Circulars on, inter alia: the Opening of a B...
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3 Public Sector tools
- 12 October 2021
- Accounting
3 Public Sector tools that are applicable to the financial year ending 31 March 2022, have been issu...
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Filling of joint business rescue practit...
- 12 October 2021
- Accounting
The new eservices system is designed to cater for joint appointments of business rescue practitioner...
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IAASB First-time Implementation Guide fo...
- 04 October 2021
- Accounting
The International Auditing and Assurance Standards Board (IAASB) has released an updated version of...
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IAASB Handbook: electronic version
- 27 September 2021
- Accounting
The IAASB published the electronic version of their 2020 Handbook of International Quality Control,...
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King Committee Guidance papers
- 16 September 2021
- Accounting
The King Committee released 3 guidance papers on: climate change, corporate failures and stakeholder...
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NB! Deadline extended re Legal Practitio...
- 03 September 2021
- Accounting
The LPC (Legal Practice Council) has extended the date for submission of trust account auditor’s rep...
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Summary of IFAC Code amendments for SMPs
- 20 August 2021
- Accounting
IFAC has published a handy summary of all 2020 and 2021 Code amendments from the perspective of a SM...
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IESBA: Proposed Quality Management-relat...
- 17 August 2021
- Accounting
IESBA issued proposed conforming amendments to the Code based on the new quality management standard...
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Block exemption - Essential goods
- 12 August 2021
- Accounting
The Minister of Trade, Industry and Competition issued Block Exemptions for the Security of Supply o...
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CIPC: Practice Guideline re Independent...
- 11 August 2021
- Accounting
CIPC has issued a Practice Guideline to facilitate compliance with Companies Regulation 29, and to u...
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CIPC File Transition Project to possibly...
- 30 July 2021
- Accounting
CIPC is busy moving files and inform customers of possible delays over the next 4 months (until late...
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SAICA Retention of records guide updated
- 04 June 2021
- Accounting
SAICA has revised and issued the updated Guide on the retention of records, which refers to the legi...
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CIPC delays the launch of automated Busi...
- 04 June 2021
- Accounting
CIPC has announced a delay in the release of automation of business rescue proceedings, business res...
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IESBA Launches the Post-Implementation R...
- 11 May 2021
- Accounting
The International Ethics Standards Board for Accountants (IESBA) has released a questionnaire that s...
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SA's new debit order system
- 07 May 2021
- Accounting
South Africa's new debit order system, DebiCheck, came into effect on 1 May 2021.
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SAICA Revised IFRS Circular 1/2021 – Hea...
- 21 April 2021
- Accounting
Circular 1/2021 – Headline Earnings was revised and issued by SAICA to amend the detailed rules pert...
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Council for Medical Schemes issued guida...
- 09 March 2021
- Accounting
The Council for Medical Schemes has issued guidance on the submission of COVID-19 related financial...
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CIPC’s New Automated Processes & latest...
- 01 March 2021
- Accounting
CIPC will be introducing a new registration system called K2 (automated processes) to simplify the p...
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Tito’s 2021 Budget from an accountant’s...
- 26 February 2021
- Accounting
Taxpayers and accountants are being left to sort out a mess brought on by some truly awful decisions...
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New Minimum Wage effective from 1 March...
- 26 February 2021
- Accounting
1 March 2021 will see the introduction of the increased national minimum wage.
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IASB amends 3 Standards to improve accou...
- 25 February 2021
- Accounting
The IASB (International Accounting Standards Board) has issued narrow-scope amendments to the follow...
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New Employee earnings threshold effectiv...
- 24 February 2021
- Accounting
With effect from 1 March 2021, the BCEA earnings threshold will increase to R211 596.30 per annum (a...
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New Legal opinion on trainee severance p...
- 19 February 2021
- Accounting
SAICA obtained an opinion on severance pay payable to trainees who may be retrenched for reasons res...
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Evolving risks from Money Laundering, Te...
- 17 February 2021
- Accounting
IESBA (International Ethics Standards Board for Accountants) have published a staff alert on the evo...
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What the change in “loop structure” rule...
- 15 February 2021
- Accounting
Lifting exchange control rules on loop structures is intended to attract foreign investment to SA
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SARS MobiApp Enhancements
- 15 February 2021
- Accounting
SARS have updated their guide to the SARS MobiApp to include the new enhancements.
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IESBA proposes holistic approach to defi...
- 15 February 2021
- Accounting
The proposed revisions broaden the definition of a public interest entity (PIE) to include more cate...
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NEW! Updated Schedule of write-off perio...
- 11 February 2021
- Accounting
SARS have updated and issued BGR (Binding General Ruling) 7 on Wear-and-Tear Allowances, including t...
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The Companies and Intellectual Property...
- 08 February 2021
- Accounting
The Companies and Intellectual Property Commission (“CIPC”) has released 2 new notices.
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The Independent Regulatory Board for Aud...
- 01 February 2021
- Accounting
IRBA’s Board of Directors was dissolved by the Minister of Finance, taking into account the resignat...
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Guide released on new SARS eFiling Brows...
- 29 January 2021
- Accounting
SARS have published a brand new guide on how to download the new SARS eFiling Browser.
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The International Federation of Accounta...
- 28 January 2021
- Accounting
The International Federation of Accountants (IFAC) has updated and published 2 support documents tha...
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SAICA issued the new 2021 Training Regul...
- 22 January 2021
- Accounting
SAICA issued the latest Training Regulations which are effective from 1 January 2021.
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Infiniti provides a tool to guide your p...
- 18 January 2021
- Accounting
Saica has recently changed its CPD policy from input-based (in other words, a requirement to put in...
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Accountex Virtual Summits go Global
- 30 September 2020
- Accounting
Accountex is going global this autumn, with the launch of two new virtual summits for South African...
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IRBA re LP Trust Accounts
- 28 September 2020
- Accounting
IRBA advises on very important information re Legal Practitioners’ Trust Accounts.
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Closing Dates for UIF COVID-19 TERS Bene...
- 23 September 2020
- Accounting
The Department of Employment and Labour has confirmed the closing dates for UIF COVID-19 TERS benefi...
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IRBA: no more extensions for 2nd RI repo...
- 23 September 2020
- Accounting
IRBA is no longer considering written requests for extensions for submissions of second Reportable I...
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Compensation for Occupational Injuries a...
- 21 September 2020
- Accounting
COIDA Amendment Bill now includes domestic workers and gardeners in the definition of an “employee”,...
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Unilateral change to employee’s retireme...
- 18 September 2020
- Accounting
Unilateral change to employee’s retirement age may constitute an automatically unfair dismissal in t...
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New SARS guide on Third Party Appointmen...
- 17 September 2020
- Accounting
SARS publishes new guide on Third Party Appointments via eFiling.
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Submission of AFS using GRAP in XBRL
- 16 September 2020
- Accounting
State Owned Companies (SOCs) can now submit their GRAP AFSs in the XBRL format from 1 October 2020.
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NEW! UIF TERS Updates
- 11 September 2020
- Accounting
UIF TERS benefit payments have been suspended again, and the TERS system will be unavailable for the...
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CIPC Guidance Note 2 of 2020: Director q...
- 10 September 2020
- Accounting
CIPC released a guide in terms of Regulation 4 of the Companies Regulations 2011 to highlight critic...
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IRBA proposes amendments to the Code re...
- 09 September 2020
- Accounting
IRBA issues Proposed Amendments to the Code of Professional Conduct for Registered Auditors: Propose...
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UIF TERS extension some companies may no...
- 08 September 2020
- Accounting
A recent radio interview confirms that the TERS extension to 15 September 2020 only applies to certa...
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IRBA issues Guide for RAs on Joint Audit...
- 04 September 2020
- Accounting
IRBA has issued a Guide for Registered Auditors: Joint Audit Engagements
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IFAC: Exploring the IESBA Code Nr 9 – NO...
- 02 September 2020
- Accounting
IFAC released the latest installment of Exploring the IESBA Code – Installment 9: Responding to Non-...
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SARS: New developments in next phase of...
- 01 September 2020
- Accounting
SARS have a number of new service offerings to assist taxpayers in the next phase of individual fili...
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TERS payments reinstated
- 27 August 2020
- Accounting
After applicants were left hanging for 24 hours, UIF lifts suspension on TERS benefit.
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Inability to hold AGMs
- 27 August 2020
- Accounting
Can’t hold AGM due to COVID-19? Contact the Companies Tribunal!
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IASB issues IFRS Taxonomy Update to IFRS...
- 24 August 2020
- Accounting
On 18 August 2020, the IASB issued an update to the IFRS Taxonomy 2020 for Covid-19-Related Rent Con...
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Estates: Master releases Directive 1 of...
- 21 August 2020
- Accounting
Master’s office released Directive 1 of 2020 to address concerns regarding the placement of adverts...
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SARS Updated Income Tax Exemption Applic...
- 20 August 2020
- Accounting
SARS has issued an updated Income Tax Exemption Application Checklist.
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TERS Update: Vulnerable employees and em...
- 18 August 2020
- Accounting
The new TERS directive published in August 2020 makes provision for 2 further applicants to apply fo...
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SARS Notifications re progress of your a...
- 18 August 2020
- Accounting
You will now receive notifications from SARS to see the progress of your audit case.
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Applications for TERS benefit extension...
- 14 August 2020
- Accounting
The directive allowing for the extended Covid-19 relief scheme has finally been signed and applicati...
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SAICA: Guidance on sign off of financial...
- 11 August 2020
- Accounting
SAICA issues guidance on CEO and FD sign off of internal financial reporting controls
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CIPC warns: File all outstanding Annual...
- 06 August 2020
- Accounting
The Companies and Intellectual Property Commission (CIPC) advises customers that it would be finally...
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Where and how should COVID-19 impacts be...
- 05 August 2020
- Accounting
Whether a company presents its COVID-19 impacts on the face of the income statement or discloses the...
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IFAC: Exploring the IESBA Code - NOCLAR...
- 05 August 2020
- Accounting
IFAC releases latest installment of Exploring the IESBA Code – Installment 8: Responding to Non-Comp...
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SASSA: Payment method changes for COVID-...
- 03 August 2020
- Accounting
SASSA will be opening the system to enable approved applicants to change their method of SRD payment...
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Professional Scepticism explained
- 31 July 2020
- Accounting
This article attempts to clarify the concept of professional scepticism and how auditors can practic...
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Consumer Goods and Services Ombud (CGSO)...
- 29 July 2020
- Accounting
The CGSO have published their 2nd quarterly newsletter for 2020.
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CIPC re directors’ remuneration when AFS...
- 28 July 2020
- Accounting
CIPC urges entities to comply with the requirement to disclose remuneration and benefits of director...
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Consumer Goods and Services Ombud (CGSO)...
- 27 July 2020
- Accounting
If a payment is made to a business in error, should it be fully refunded?
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Small Business - Tax Relief Measures lea...
- 24 July 2020
- Accounting
This leaflet is a quick reference to the draft Disaster Management Tax Relief Administration Bill, a...
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SARS warns of 3 new scams
- 23 July 2020
- Accounting
SARS warns the public against 3 new phishing scams purporting to be from SARS, including threatening...
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UIF TERS relief payments extended by 6 w...
- 22 July 2020
- Accounting
The SA Government has decided to extend the COVID-19 Temporary Employee Relief Scheme (TERS) benefit...
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CIPC confirms recommencement of referral...
- 22 July 2020
- Accounting
CIPC will once again start to automatically refer non-compliant companies and close corporations for...
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CIPC announces NEW method of confirming...
- 17 July 2020
- Accounting
CIPC announces the NEW method of issuing confirmations of processing COR123.1, COR125.2, COR125.3, a...
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UIF confirms New Login Rules for UIF TER...
- 17 July 2020
- Accounting
The UIF COVID-19 TERS National Disaster Application System now displays the New Login Rules. COVID-1...
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CIPC advises on regulatory compliance du...
- 14 July 2020
- Accounting
CIPC confirms that regulatory and operational concessions and arrangements made in certain Notices,...
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Tribunal reaches consent on 3 more cases...
- 13 July 2020
- Accounting
Competition Tribunal confirms 3 more consent agreements relating to COVID-19 excessive pricing compl...
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IAASB issues Staff Audit Practice Alert...
- 13 July 2020
- Accounting
This Staff Audit Practice Alert highlights key areas of focus in the current environment when undert...
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Dis-Chem fined R1,2million after long-aw...
- 10 July 2020
- Accounting
The Competition Tribunal has found Dis-Chem Pharmacies Limited (Dis-Chem) guilty of charging excessi...
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IRBA issues Staff Audit Practice Alert 5...
- 08 July 2020
- Accounting
This IRBA Staff Audit Practice Alert serves to provide auditors with guidance and considerations to...
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International Auditing and Assurance Sta...
- 06 July 2020
- Accounting
This Staff Audit Practice Alert highlights key considerations for auditors performing reviews of int...
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IRBA alerts auditors regarding the possi...
- 03 July 2020
- Accounting
The 2020 interim reporting period is expected to disclose information over and above what is typical...
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Estate Agency Affairs Board (EAAB) Waive...
- 01 July 2020
- Accounting
There are no fines for late submissions for audit reports of estate agents’ business and trust accou...
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Accounting in the age of coronavirus
- 27 June 2020
- Accounting
There are several challenges arising from the coronavirus that impact the accounting profession.
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SARS will start issuing "auto-assessment...
- 26 June 2020
- Accounting
The third phase of Filing Season 2020 opens on 1 August 2020, and is referred to as the “auto-assess...
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Legal Practitioners Fidelity Fund (LPFF)...
- 24 June 2020
- Accounting
The Legal Practice Act, No. 28 of 2014 (LPA) makes it mandatory for Legal Practitioners to pay any u...
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IRBA issues Staff Audit Practice Alert 4...
- 24 June 2020
- Accounting
This IRBA Staff Audit Practice Alert provides auditors with implementation guidance in responding to...
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Tax treatment of losses incurred during...
- 22 June 2020
- Accounting
Individuals and business who incur expenditure or losses as a result of the COVID-19 pandemic, must...
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Refusal to work by employee due to COVID...
- 18 June 2020
- Accounting
An employer may not take any disciplinary action against an employee for exercising his right to ref...
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Taxing Times: What the post-Covid world...
- 18 June 2020
- Accounting
Tax agencies worldwide are shifting their focus from short-term relief to longer-term pro-growth inc...
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Estate Agency Affairs Board (EAAB) provi...
- 17 June 2020
- Accounting
The EAAB (Estate Agency Affairs Board) has issued guidelines which aims to assist employers, employe...
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Employment and Labour Head Office and it...
- 15 June 2020
- Accounting
The Department of Employment and Labour head office and its entity the Compensation Fund offices, wi...
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After a lost decade, now it’s time to fo...
- 13 June 2020
- Accounting
The Covid crisis has gifted SA a once-in-a-generation opportunity to reform what's broken about the...
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Competition Tribunal confirms fines for...
- 12 June 2020
- Accounting
The Competition Commission summarised the outcome of hearings by the Competition Tribunal against co...
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International Accounting Standards Board...
- 11 June 2020
- Accounting
The amendments prohibit a company from deducting from the cost of property, plant and equipment amou...
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IRBA draws attention to the Key Audit Ma...
- 10 June 2020
- Accounting
The COVID-19 pandemic presents a unique set of circumstances and challenges to the financial reporti...
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International Accounting Standards Board...
- 04 June 2020
- Accounting
The IASB (International Accounting Standards Board) has issued an amendment to IFRS 16 Leases (effec...
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National Employers’ Association of South...
- 03 June 2020
- Accounting
All industries, business entities, both private and in the public sector, that are permitted to oper...
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A thundering defeat for government over...
- 02 June 2020
- Accounting
The Pretoria High Court has delivered a thundering defeat to government over its "irrational" lockdo...
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IAASB issues illustrative examples for a...
- 02 June 2020
- Accounting
The examples demonstrate how an auditor’s work effort, to comply with the requirements of ISA 540 (R...
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The Accounting Standards Board (ASB) has...
- 01 June 2020
- Accounting
This document outlines the high-level issues that entities that apply Standards of GRAP should consi...
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IAASB releases COVID-19 related guidance...
- 27 May 2020
- Accounting
This Staff Audit Practice Alert highlights potential implications on audit reports, independent revi...
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Clarification on the Audit Requirements...
- 27 May 2020
- Accounting
In withdrawing the non-binding legal opinion, CIPC has made it clear that legal practitioners that a...
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CIPC to implement a new card payment sys...
- 25 May 2020
- Accounting
The new card payment system will require customers to transact with CIPC using debit and credit card...
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International Auditing and Assurance Sta...
- 22 May 2020
- Accounting
This publication has been prepared to highlight key areas of focus in the current environment when u...
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UIF issues Final letter to TERS benefits...
- 21 May 2020
- Accounting
Employers who have received TERS benefits are advised to complete and return the letter, as failure...
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Competition Commission releases New Buye...
- 20 May 2020
- Accounting
The Competition Commission has issued the Price Discrimination and Buyer Power Guidelines aimed at b...
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Legal Practice Council (LPC) extends sub...
- 19 May 2020
- Accounting
The Legal Practice Council extended the submission date of trust account auditor’s reports by one mo...
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SAICA Education Modules re COVD-19 Finan...
- 19 May 2020
- Accounting
SAICA has compiled and issued educational material on 12 Financial Reporting topics that require spe...
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Consumer Goods And Services Ombud (CGSO)...
- 15 May 2020
- Accounting
Consumers are returning clothing bought during Level 4 Lockdown, and some clothing suppliers are not...
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Banks launch online application portals...
- 13 May 2020
- Accounting
The major banks this week launched their online portals providing loans to small and medium-sized bu...
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IESBA released Q&As on COVID-19: Ethics...
- 13 May 2020
- Accounting
To help accountants navigate ethics and independence issues that might arise during the COVID-19 pan...
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DoL released OHS measures that employers...
- 11 May 2020
- Accounting
The Department of Labour (DoL) has released Occupational Health and Safety Measures to reduce and el...
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SAICA issues clarification re COVID-19 T...
- 11 May 2020
- Accounting
SAICA met with the UIF Commissioner and have issued a media statement on 7 May 2020 (containing 4 de...
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UIF clarifies deadline for COVID19 TERS...
- 07 May 2020
- Accounting
The Department of Labour clarified that no deadline has been reached for UIF COVID-19 TERS claims. T...
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CIPC reopens on 6 May 2020
- 06 May 2020
- Accounting
Today, 6 May 2020, CIPC has incrementally recommenced back office processing services for Companies...
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You don’t qualify for bank assistance? G...
- 28 April 2020
- Accounting
The relief packages offered by banks could be the cause of untold legal cases in the months to come.
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Counting the economic cost of the lockdo...
- 21 April 2020
- Accounting
The economic costs of the Covid-19 lockdown are horrific. Here are some of them.
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Here are some alternative funding source...
- 16 April 2020
- Accounting
Fintech companies offering 90-minute loan approvals are seeing a spike in loan applications
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Look who’s winning during lockdown
- 08 April 2020
- Accounting
Netflix, Zoom, teleconferencing - and SA Accounting Academy.
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Here's the Covid relief being offered by...
- 01 April 2020
- Accounting
It's a bit of a damp squib compared to other countries.
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March 2020 monthly compliance update: Au...
- 26 March 2020
- Accounting
The month of March 2020 will be remembered for the Covid-19 lockdown, the 9/11 of our age.
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Covid-19 financial assistance hub
- 26 March 2020
- Accounting
All on one page, the places where you can find assistance to help you through the Covid-19 crisis
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It's a Covid lockdown. Here are Ramaphos...
- 24 March 2020
- Accounting
A range of measures are planned to limit the economic effects of the Coronavirus.
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Taxpayer loses 2-1 against Sars in capit...
- 24 March 2020
- Accounting
A recent case involving an unnamed taxpayer didn't quite go as planned.
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Audit in the time of coronavirus: a tale...
- 24 March 2020
- Accounting
Already we are seeing a weakening of audit standards under the cloak of Covid-19
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CIPC issues notice ditching compliance c...
- 11 March 2020
- Accounting
The CIPC has ditched the proposed compulsory compliance checklist for smaller companies.
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It just got a whole lot easier to do bus...
- 06 March 2020
- Accounting
New web platform makes it possible to register a company in minutes.
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SAAA brings accounting services and hope...
- 06 March 2020
- Accounting
Here's how SA Accounting Academy is helping bring accounting services to the townships
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Monthly Compliance and Legislation Updat...
- 28 January 2020
- Accounting
It's been a busy period in court for SA Revenue Services, while accounting standard setters debate i...
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CIPC compliance checklist raises concern...
- 13 January 2020
- Accounting
The CIPC Compliance Checklist became effective on 1 January 2020 but is raising concerns among accou...
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