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NPO Registration with Directorate
- 07 July 2023
- Accounting
- South African Accounting Academy
This applies to NPOs (Non-Profit Organisations) making donations to individuals and organisations outside SA or providing humanitarian, charitable, religious, educational or cultural services outside SA borders.
Click here to download the Gazette Notice:
https://www.gov.za/sites/default/files/gcis_document/202306/48842gon3603.pdf
Relevance to Auditors, Independent Reviewers & Accountants:
- The Nonprofit Organisations Act (amended) is yet another piece of legislation that your 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, independent reviewer and accountant, you need to consider relevant information that affects the operational compliance of NPOs.
Relevance to Your clients:
- NPOs must consider relevant information that affects the operational compliance.
To stay current with all the latest changes and updates subscribe to our Monthly Compliance and Legislative Update series for R 250.00 per month. This gives you access to a monthly 2-hour webinar and monthly newsletter:
https://accountingacademy.co.za/profession/monthly-legislation-update
Get all your CPD online. SA Accounting Academy (SAAA) offers Subscription Plans, Live Webinars, Webinars On-Demand, Access to Experts, Courses, Articles and more:
https://cpd.accountingacademy.co.za.