National Treasury: Draft 2025/26 Accounting Manuals for Departments

Posted 05 August 2025 Written by Acts Online
Category Financial and Accounting

Brought to you by SA Accounting Academy: The National Treasury has released the draft Accounting Manuals for Departments (AMD) for the 2025/26 financial year for public comment.

In terms of the Public Finance Management Act, No. 1 of 1999 (PFMA), the Office of the Accountant General (OAG) has published updated guidance to assist national and provincial departments in complying with the Modified Cash Standard (MCS). The AMDs provide the technical framework for the preparation of annual financial statements and ensure uniformity in the application of accounting policies across the public sector.

The 2025/26 updates are currently available for review and comment on the MCS Knowledge Hub. These manuals are essential for accounting officers and financial practitioners to understand the evolving reporting requirements and disclosure obligations mandated by the National Treasury.

Stakeholders can access the specific manuals and the announcement via the following links:

What this means for you, your business, or your clients

  • For yourself: Review the draft 2025/26 AMDs to identify technical changes in the Modified Cash Standard application that will affect your professional duties in public sector accounting.
  • For your business: Update internal audit protocols and compliance frameworks to align with the proposed 2025/26 reporting requirements for departmental engagements.
  • For your clients: Advise departmental clients on the specific updates to accounting policies and disclosure requirements to ensure their financial systems are prepared for the 2025/26 financial year.

Originally published at https://accountingacademy.co.za/news/read/national-treasury-accounting-manuals-for-departments-amd-for-2025-26

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