IFRS:
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Standards – What’s new?
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IFRS Monthly news summary
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IIFRS - Disclosure requirements to enhance the transparency of supplier finance arrangement published
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IFRS - Amendments to IAS 12 published
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IFRS - IFRS 17 effective from 1 January 2023
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IFRS - IFRS Interpretations Committee Agenda Decisions Volume 8 published
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IASB - Classification and measurement requirements for financial instruments - comment deadline - 19 July 2023
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IASB - Impairment requirements for financial instruments - comment deadline - 27 September
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IASB - IASB work plan update
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Accounting issues
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SAICA - Body Corporate Illustrative Annual Financial Statements template published
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IASB - Guidance for developing and drafting disclosure requirements in IFRS accounting standards published
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CAQ - International Practices Task Force Meeting Highlights
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Public sector
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OAG - MCS Frequently Asked Questions
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IPSASB - IPSASB approves amended RPGs 1 and 3
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IPSASB - IPSASB Measurement-Related Pronouncements
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IPSASB - Activities update
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Sustainability Reporting
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Technology
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IRBA:
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Legal/Ethics
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IRBA - IRBA Code of Professional Conduct for Registered Auditors (Revised April 2023)
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IESBA - IESBA Consultation Paper: Proposed Strategy and Work Plan 2024 - 2027
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APA amendments out for comment
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Technology
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Other
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CIPC:
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Financial Intelligence Centre (FIC)
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News releases
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The FIC case studies and indicators collection
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IFAC, TI-UK, and World Economic Forum’s PACI Review of Anti-Corruption Reporting Sheds Light on Current Practice & Encourages Increased Transparency
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New IFAC Publication Equips Accountancy Organizations to Lead the Fight Against Corruption
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Understanding anti-corruption reporting, with the support of the WEF
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Sustainability and Integrated Reporting:
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News releases
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ISSB - Which projects should be added onto the ISSB two-year work plan?
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ISSB - First global baseline of sustainability disclosure Standards to be published by the end of June 2023
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IASB - Key questions for audit committees overseeing sustainability-related disclosure
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UN DESA - UN Experts aiming to analyse SDGs and climate action synergies for maximum impact action
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The transition to a Chief Value Officer - An opportunity for the profession
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ISSB - ISSB to unlock sustainable capital and reshape how businesses report over climate and wider sustainability disclosures
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Are companies overwhelmed by ESG requests?
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Technology
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News releases
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CAQ: Generative AI: Are You Addressing Factors of Trust and Ethics? There’s No Time to Waste
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One step closer for first of its kind, AI Act
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Generative AI and Copyright, who owns what?
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Google Bard: Experiment is here (Google’s generative AI)
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Cyber crime’s annual impact on SA estimated at R2.2bn
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How can organizations prepare for generative AI?
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Labour Law:
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Employment law:
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Maximum Earnings on Provisional Assessment
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Extension of ROE
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COIDA reminder - Confirmation of Life
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EE Act targets Regulations
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The WEF Jobs Report 2023 has been released
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National Minimum Wage Act: Medium-term targets for the national minimum wage report
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Public Administration Management Act: Amendment Bill
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Other Laws & Regulations affecting your client AND impact on NOCLAR:
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Other acts and articles:
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NPO Act Amendments
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National Health Insurance Bill
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Promotion of Access to Information Act: Access to tax records
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Tax Administration Act: Disclosure and secrecy of taxpayer information
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Employment Equity Act: Draft 5-year sectoral numerical targets
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Financial Advisory and Intermediary Services Act: Crypto asset exemption
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Merchant Shipping Bill
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South African Post Office SOC Ltd: Amendment Bill 2023
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SARS:
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Regulator news:
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Technology:
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News releases
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Open AI releases the more advanced and capable GPT-4
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7 Biggest Questions about ChatGPT answered by Gartner Experts
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Creating value in metaverse will require trust
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General Announcements / News Releases:
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