Monthly Compliance and Legislation Update - September


CPD hours: 2 Hours

Price: R380.00

Video Type: Single

Presenter: Lettie Janse van Vuuren CA(SA)
CA (SA), Registered Auditor

Compliance

Compliance
...

Monthly Compliance and Legislation Update - September

CPD Hours: 2

Price: R380.00


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Title / Topic

Monthly Compliance and Legislation Update - September


Overview   

Accountants and auditors must stay informed about changes in legislation and regulations that affect their firms and the business of their clients.  

Technical expert Lettie Janse van Vuuren CA(SA), researches and summarises all relevant and important changes on a monthly basis and presents this in an easily understandable webinar.  

The webinar includes:  

  • A reference guide of all changes to share within the firm;  

  • PPT summary of all new amendments; 

  • Interactive session with the presenter; and 

  • Online Q&A.   


Learning objectives  

After attending this webinar you will: 

  • Be aware of the latest legislative changes and what it means for your business, practice, and your clients; 

  • Be able to inform your staff and clients on how to stay compliant; 

  • Adapt business models to fit new legislative landscapes; 

  • Receive references to documents and guides;  

  • Have access to your own technical resource; and  

  • Have access to the presenter via email for follow-up Q & A. 


  Course content  

The following legislative, regulatory, industry standards, items and guides have been issued and/or updated during the preceding month and will be covered in the webinar: 

  

Accounting (IFRS, etc) 

  • Standards – What’s new? 

    • IFRS Monthly news summary 

  • Accounting issues 

    • IASB: Amendments to IFRS 19: Subsidiaries without Public Accountability: Disclosures 

  • Public Sector 

    • ASB: ED 214: Exposure Draft of the Proposed Standard of GRAP on Social Benefits – Limited Scope Amendments 

    • IPSASB: Amendments due to application of IPSAS 46: Measurement 

CIPC: 

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

    • Media Statement 5 of 2025: CIPC goes Digital with Automation for Reinstatement Applications 

    • Notice 36 of 2025: Complaints regarding businesses operating during deregistration process or final deregistration 

    • Notice 38 of 2025: New Trademark AI Image Search Functionality: Implementation and Roll-out 

Anti-Money Laundering and FICA 

  • FIC Advisory & Guidance:  

    • Accountable institutions must register under correct item numbers 

    • Accountable institutions to visit goAML message board daily 

    • Upgrades to the FIC’s goAML registration and reporting platform 

    • FATF: New Risk Assessment Toolkit to Help Tackle Money Laundering Risks 

Sustainability & Integrated Reporting 

  • Important issues: 

    • IAASB: New Resources to support ISSA 5000 adoption and Implementation - Extracts from ISSA 5000 for Limited and Reasonable Assurance Engagements 

    • IAASB: FAQ Document on ISAE 3000: New Resource to support ISSA 5000 adoption and Implementation 

    • ISSB: Disclosing information about anticipated financial effects of sustainability-related risks and opportunities 

    • IAASB: New ISSA 5000 Webinar Series for Sustainability Assurance Engagements 

Technology 

  • Important issues: 

    • IFAC: Embracing the AI Frontier Part 1: The Transformative Impact of AI on Audit Firms & Methodologies 

    • IFAC: Embracing the AI Frontier Part 2: Rethinking Auditor Skills and Education 

Labour Law: 

  • Employment law: 

    • DoL Reminder: Employment Equity Reporting Season is now open 

    • DoL: Joint Blitz inspection Uncovers Widespread Non-Compliance In Rustenburg 

    • National Minimum Wage changes in 2026  

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

  • This month’s big 5: 

    • SAICA Legal Update 2025 Volume 20 Issue 12 covers new relevant National laws up to 8 Aug 2025 

    • SAICA Legal Update 2025 Volume 20 Issue 13 covers new relevant National laws up to 22 Aug 2025 

  • Other acts and articles: 

    • POPIA: Information Regulator - Reporting security compromises guide 

    • POPIA: Information Regulator - Fact Sheet on handling of Security Compromises 

    • AARTO 

SARS: 

  • Guides (new, updated & issued): 

    • Guide to Section 18A Approval for Specific United Nations Entities 

    • Taxation in South Africa 2025 

    • Tax Guide for Small Businesses (2024/2025) 

    • 2 Guides re Biometric Facial Recognition for VAT and PAYE Registration 

  • Interpretation Notes (updated & issued): 

    • Updated Interpretation Note 44 (Issue 4): Tightening CGT Rules for PBOs 

    • Updated Interpretation Note 10 (Issue 5): NB for PBOs Claiming SDL Exemption 

    • Draft Interpretation Note 64 (Issue 5) – Income tax exemption: Bodies corporate, share block companies, and associations of persons managing the collective interests common to all members 

    • Interpretation Note 139 – Taxation of amounts received by or accrued to missionaries 

  • Notices and other publications issued: 

    • 2025 Draft Tax Bills & Draft Regulations 

    • SAICA’s 2025 Draft TALAB summary 

    • Reminder: EMP501 Interim submissions 

    • FINAL Reminder: IT3(t) submission for Trusts - Deadline 30 September 

    • Taxpayers can now update their Security Contact details on eFiling without having to log in 

    • Table 3 – Updated Tables of Interest Rates 

  • Taxpayers must be on the lookout for New Scams: 

    • EMP Statement of Account 

    • Process Quote letter 

  • High court cases: 

    • CSARS v Glencore International AG (A138/2023; 34490/2021) [2025] ZAGPPHC (5 August 2025) 

Regulator news: 

  • IRBA News & press releases: 

    • IRBA and ISACA conclude strategic MOU to strengthen digital auditing 

  • SAICA press releases and other publications: 

    • Comments: Proposed Narrow-Scope Amendments to IAASB Standards Arising from the IESBA’s Using the Work of an External Expert Project 

  • CIBA press releases and other publications: 

    • Newsletters 

  • Companies Tribunal:  

    • 10 Cases finalised in Aug 2025  

  • FSCA publications & press releases:  

    • Virtual launch of Money Smart Week 2025 

    • 10 Warnings issued against fraudulent FSPs 

  • Competition Commission:  

    • WesBank and Toyota Financial Services to pay R30m penalty in CompCom settlement 

  • IVSC:  

    • eNews August 2025 

  • SARS:  

    • Latest Monthly Tax Digest – August edition 

    • Latest Tax Practitioner Newsletter – Issue 65 (AUGUST 2025) 

General Announcements / News Releases: 

  • Media articles:  

    • New e-hailing regulations 

    • Say goodbye to electrical plugs as you know them in South Africa 

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