Webinars On-Demand

IFRS: 

• Standards – What’s new? 

  • IASB - Revenue standard (IFRS 15) 

  • IASB - Statement of cash flows research project 

  • IASB - Proposed improvements in applying the equity method comment deadline - 20.01.2025 

  • IASB - Tentative agenda decision - Recognition of revenue from tuition fees (IFRS 15) - comment deadline - 18.11.2024 

  • IASB - Tentative agenda decision - Guarantees issued on obligations of other entities - comment deadline - 18.11.2024 

  • IASB - Narrow scope amendments to IAS 21 published - comment deadline - 22.11.2024 

  • IASB: Proposed amendments to IFRS 19 published - comment deadline - 27.11.2024 

  • IASB - Climate-related and other uncertainties in the financial statements - comment deadline - 28.11.2024 

  • IASB - Proposed IFRS Taxonomy Update on contracts for renewable electricity - comment deadline - 14.10.2024 

  • IASB - Proposed IFRS Taxonomy Update on new and amended IFRS Accounting Standards - comment deadline - 28.11.2024 

• Public sector 

  • ASB - ASB meeting highlights. 

  • ASB - Post-implementation review of GRAP 109 

  • OAG - Accounting Manuals for Departments 2024/2025 issued 

  • IPSASB - IPSASB meeting Highlights 

Auditing (IRBA, IAASB, etc): 

• Standards 

  • IAASB -ISSA 5000 approved.  

  • IAASB - 2022-2023 Public Report released. 

  • AFC -The Role of the Auditor: Assessing and Responding to Fraud Risk 

• Other 

  • IRBA - Clean Audit Report Reflects the Sustainability and Relevance of the IRBA Amidst the Challenging Economic Landscape 

  • LPFF - Various publications for registered auditors 

  • PAOB - Observations From the Target Team’s 2023 Inspections 

  • FRC - Audit committees and assurance: conversation starters 

CIPC: 

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

  • CIPC announce the IFRS Sustainability Disclosure iXBRL Taxonomy 

  • Notice 62 of 2024: Academic requirements for business rescue practitioner licensing  

  • Notice 63 of 2024: Automation of filing of status reports, substantial implementations and terminations 

  • Notice 64 of 2024: CIPC Scan to email Requirements 

  • Notice 65 of 2024: CIPCs inline eXtensible Business Reporting Language (iXBRL) Taxonomy Update 

  • Notice – Beware of Scammers 

Financial Intelligence Centre (FIC) 

• FIC Advisory & Guidance 

  • Grey list: Regulators target trusts and NGOs in compliance drive 

  • SA’s largest asset manager, the PIC, feels the sting of greylisting    

  • Small FSP that was fined R1.1m shares four lessons in FICA compliance 

  • FIC cracks down on non-compliant accountable institutions 

Sustainability & Integrated Reporting 

• Important issues: Sustainability 

  • IFRS Foundation: Guide for companies as investors call for voluntary application of ISSB Standards 

  • Siemens Launches Digital Decarbonization Tool at Climate Week NYC to Help Simplify the Path to Net-Zero Facilities 

  • Global Investors Push for Stronger Climate Policies Ahead of COP29, Urging Governments to Unlock $29 Trillion for Net-Zero Transition 

  • IVSC Perspectives Paper - ESG and Real Asset Valuation 

• Important issues: Technology (Articles) 

  • Top apps for Accountants 2024  

  • IAASB Unveils New Technology Position to Shape the Future of Audit and Assurance Standards 

Labour Law: 

• Employment law: 

  • Landmark judgment reinforces employee rights in business transfer case 

  • Labour Court upholds dismissal of Famous Brands' employee over missing bag of sugar  

  • Trial of seven Chinese nationals charged with human trafficking and child labour  

  • Department of Employment and Labour Status of Compliance Report highlights the need to improve compliance with labour law 

  • Inspectors implored to be ready to enforce another “wave” of labour law amendments 

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

• Other acts and articles: 

  • State-owned companies to be freed from Public Finance Management Act  

  • South African National Water Resource Infrastructure Agency SOC Limited Act  

SARS: 

• Guides (new, updated & issued): 

  • See Maitland & Associates Inc News Round Up - September 2024 

  • SARS has finally published the FAQ's on the IT3(t)s 

Regulator news: 

• CIBA 

  • Accounting Weekly Newsletter  

  • CFO Talks 

  • Various guides are available to members in good standing 

• SAICA 

  • Global Ethics Day 

• Companies Tribunal 

  • Name disputes (4 granted 1 dismissed) 

  • Directors' disputes (2 dismissed) 

  • Exemptions (1 dismissed) 

• Information Regulator 

  • Information Regulator close to finalising regulation of telemarketing industry 

• PPRA 

  • Important communication on fraudulent activities by some property practitioners 

• Competitions Commission 

  • EFPM Report released 4.10.2024 

  • NEF and Competition Commission sign landmark MOU to entrench compliance and fair business practice 

• FCSA publications  

  • FSCA Integrated Report 2023-24 

• CGSO 

  • The biggest consumer complaint in South Africa  

General Announcements / News Releases: 

• Media articles and other thoughts:  

  • Warning for complexes and estates in South Africa