Webinars On-Demand

IFRS: 

• Standards – What’s new? 

  • IFRS Monthly news summary 

• Accounting issues 

  • SAICA: Educational material on the application of IAS 12 – Income Taxes 

• National Treasury (Office of the Accountant General):  

  • Modified Cash Standards FAQs 

  • Accounting Guideline on GRAP 1 

  • GRAP Accounting and Disclosure checklist 2022 

  • Update to GRAP 19 accounting manual published 

  • GRAP Tool on GRAP 13 

  • New FAQ on MCS published 

IRBA: 

• Standards:  

  • IAASB: Revised standard for group audits 

  • IAASB: ISA 600 Fact sheet 

• Legal/Ethics:  

  • IESBA: Final Pronouncement: Revisions to the Definitions of Listed Entity and Public Interest Entity (#PIE) in the Code 

• Other:  

  • IFAC releases new implementation tool for auditors 

  • Issue of Illustrative Regulatory Reports in terms of the Insurance Act 

  • Revised Illustrative Section 15 Retirement Fund Agreed-upon Procedures Reports 

  • IFAC’s new IAASB Fact Sheet addresses engagement team definition 

CIPC: 

• Notices and Practice Notes issued (enforcement and to customers): 

  • Practice Note 2 of 2022: Trademark Certificates 

  • Notice 9 of 2022 – Status update on file transition project 

Other Laws & Regulations affecting your client AND impact on NOCLAR: 

• This month’s big 5: 

  • Volume 17 Issue 7 (covers legislation up to 8 April 2022): 

  1. The Disaster Management Act: Transitional COVID-19 measures; 

  2. The Electronic Communications Act: End-users and subscribers; 

  3. The Electronic Communications Act: Equipment authorisation; 

  4. The Hazardous Substances Act: Industrial substances and pesticides; and 

  5. The National Environmental Management Waste Act: Extended producer responsibility. 

  • Volume 17 Issue 8 (covers legislation up to 22 April 2022): 

  1. The Compensation for Occupational Injuries and Diseases Act: Assessment of employer; 

  2. The Critical Infrastructure Protection Act: Draft interim critical infrastructure protection regulations; 

  3. The Electronic Communications Act: Limiting control and ownership; 

  4. The Electronic Communications and Transactions Act: ZA registry and registrar; and 

  5. The South African Post Office Soc Ltd Act: Draft Amendment Bill 2022. 

• Other acts, Guides and articles: 

  • SAICA: FAQs on Legal compliance considerations in a virtual environment 

• COIDA Update: 

  • COIDA: Notice of the Maximum Earnings and Minimum Assessment (OID limit) for 2023 

  • Deregistration from Compensation Fund 

• Reminders:  

  • Dept. of Labour Return of Earnings 2021: Open from 1 April 2022 to 31 May 2022 

SARS: 

• Guides (new, updated & issued): 

  • Third Party Data – updated  

  • Tax Directives legislative changes - updated 

• Notices and other publications issued: 

  • Anti-fraud leaflet 

  • SARS Notice to employer changes on the PAYE Admin penalties and disputes process 

  • SARS PAYE BRS PAYE Employer Reconciliation_V21_1 

  • Reminder to Tax Practitioners of SARS online channel functionality 

  • Implementation of Tax Directives Enhancements 

  • 2022 Draft Rates Bill 

  • Transfer Duty applications 

  • Distribution of funds to non-resident trusts by resident trusts 

• Taxpayers must be on the lookout for New Scams: 

  • SARS-SCAM-311 – SARS eFiling notification – 14 April 2022 

  • SARS-SCAM-310 – Letter of Demand email – 13 April 2022 

  • SARS-SCAM-309 – Customer PO Order – 6 April 2022 

Regulator news: 

• IRBA News & press releases: 

  • IRBA News #57 

• SAICA press releases and other publications: 

  • Retention of records guide updated 

  • 2022 Tax Debt Management Guide 

• SAIBA press releases and other publications: 

  • Newsletters: 

    • CFO Talks (CFO Talks™ is devoted to sharing ideas and conversations between CFOs. It is a platform which facilitates insightful and powerful talks relevant to CFOs) 

    • Accounting Weekly (weekly newsletter) 

• Companies Tribunal:  

  • 13 Cases finalised in APRIL 2022 

• Information Regulator:  

  • Information Regulator monitors the Department of Health on POPIA compliance 

• FSCA publications & press releases:  

  • FSCA fines Viva Cover (Pty) Ltd and Comit Technologies (Pty) Ltd both R110 000 for contravening financial sector laws 

  • FSCA fines Tempest Trading (Pty) Ltd R200 000 and Storm Elisio R200 000 for contravention of financial sector laws 

  • FSCA fines Mr Renault Otto Kay R500 000 and debar him for a period of 5 years 

  • 13 Warnings issued against fraudulent FSPs 

• CGSO:  

  • CPA Guidelines: Did you know? Direct Marketing: info and tips for suppliers and consumers 

  • CPA Guidelines: Did you know? CPA tips for consumers & suppliers 

  • CGSO: Consumers warned against online supplier: Sassy Heels 

  • Quarterly newsletter 

• Anti-Fraud Collaboration:  

  • Anti-fraud collaboration webpage 

• PPRA:  

  • Draft Guidelines on Audit and Trust Accounts Requirements for Business Property Practitioners 

• IFAC:  

  • New instalment in the Anti-Money Laundering: The Basics educational series: Instalment 9: Tools to fight back 

General Announcements / News Releases: 

• Media articles:  

  • IFAC: Mindset and Enabling Skills of Professional Accountants – A Competence Paradigm Shift explores how the accountancy profession can stay relevant in a time of unprecedented change