CATEGORIES
- (2)Account / Profile
- (498)Accounting
- (6)Audit
- (97)Auditing and Assurance
- (1)Business
- (3)Business Rescue & Business Valuations
- (31)CIPC
- (6)Compliance
- (4)Ethics and Professionalism
- (18)Financial Reporting
- (3)Guides
- (2)Law
- (35)Legal and Compliance
- (2)Management
- (12)Money Laundering
- (1)Personal & Professional Development
- (1)Practice Management
- (1)Professional Ethics
- (1)Public Sector
- (22)Regulatory Compliance and Legislation
- (9)Sustainability Reporting
- (19)Tax
- (1)Tax Update
- (1)Technology
- Show All
SAICA Code: Revisions to the Definitions of Listed Entity and Public Interest Entity
- 06 March 2023
- Accounting
- South African Accounting Academy
The SAICA adopted the International Ethics Standards Board for Accountants’ (IESBA) International Code of Ethics for Professional Accountants (including International Independence Standards) (IESBA Code), published in 2018, following the issue of the proposed amendments on exposure in South Africa, together with South African enhancements.
SAICA also considers amendments proposed by the Independent Regulatory Board for Auditors (IRBA) to its Code of Professional Conduct for Registered Auditors (Revised November 2018) (the IRBA Code) and updates the SAICA Code where applicable.
All proposed changes to the SAICA Code based on amendments proposed by the IRBA. SAICA extends its gratitude to the IRBA and its Committee for Auditors Ethics (CFAE) in involving SAICA in its processes as well as the effort it has put to ensure that the amendments adequately address the South African environment,
Deadline to complete the survey for comments is 27 March 2023.
Click here to download the Proposed Amendments and Explanatory Memorandum:
Relevance to Auditors, Independent Reviewers & Accountants:
- Adherence with our Code of Conduct is crucial in the performance of our duties.
- Auditors, Independent Reviewers and Accountants should be aware of the latest publications and guidance issued by regulators and standard-setting boards, such as the SAICA, IRBA and IESBA.
- The definitions of Listed Entity and Public Interest Entity will determine which sections of the IRBA Code must be applied by auditors and accountants.
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.