National Treasury: Accounting Manuals for Departments (AMD) for 2025/26

National Treasury: Accounting Manuals for Departments (AMD) for 2025/26

• 09 October 2025
• Accounting
• South African Accounting Academy

Summary:

The Office of the Accountant General in National Treasury has published the final Accounting Manuals for Departments (AMD) for 2025/26.

Article:
The Accounting Manuals for Departments are available on the Modified Cash Standard (MCS) Knowledge Hub.

These resources are designed to help departments apply the Modified Cash Standard (MCS) with confidence, ensuring better financial management and accountability.

The Draft Accounting Manuals were released for comment by 15 September 2025, and detailed the key amendments. Refer to our previous alert dated 5 August 2025

Click here to download the manuals:

https://lms.treasury.gov.za/mod/forum/discuss.php?d=77 

Relevance to Auditors, Independent Reviewers & Accountants:

• The PFMA is yet another piece of legislation that your relevant national and provincial departmental clients must comply with, and which you must assess compliance with.  If they don’t comply with the relevant laws and regulations, you have certain reporting obligations in terms of NOCLAR (NOn-Compliance with Laws And Regulations) – this could include reporting to management, qualifying your audit opinion, reporting a Reportable Irregularity, etc.
• As an auditor and independent reviewer, you need to consider and assess compliance with the departments that use the MCS, as required by the PFMA, including consideration of the implications of the recent flooding on financial reporting.
• These accounting manuals provide guidance when applying the MCSs to present financial information.

Relevance to Your clients:

• A department must compile their annual financial statements in accordance with the Modified Cash Standard.
• They need to be aware of these accounting manuals when applying the MCSs to present financial information.

0 COMMENTS

LEAVE A COMMENT