CIPC Issues Notice on Beneficial Ownership Compliance Inspections
SIU Proclamations 325 and 329 of 2026: Mangaung Metro & Gauteng Health Tenders Under Investigation
Eskom Restructuring Framework Approved for Independent TSO Transition
National Treasury Issues Draft Manual on Cross-Border Crypto Asset Activities
National Treasury Releases Withheld Equitable Share Allocations to North West Municipalities
ISSB Proposes Updates to IFRS Sustainability Disclosure Taxonomy for GHG Emissions
Draft Regulations on Oaths and Affirmations Published for Public Comment
Draft Crypto Assets Manual released for cross-border activity regulation
Parliament Section 89 Impeachment Committee Proceedings Interdicted
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The South African Institute of Chartered Accountants (SAICA) has released the updated Medical Schemes Accounting Guide for the financial year ending 31 December 2024, providing essential guidance on IFRS application within the regulatory framework of the Medical Schemes Act.
The Accounting Standards Board (ASB) has released updated Frequently Asked Questions (FAQs) regarding the Standards of Generally Recognised Accounting Practice (GRAP), incorporating new research on asset and liability measurement.
The National Treasury Office of the Accountant-General has released updated FAQs to guide national and provincial departments in preparing 2024/25 financial statements under the Modified Cash Standard. The Office of the Accountant-General has released the Modified Cash Standard for the 2025/26 and 2026/27 financial years, as required by the Public Finance Management Act, No. 1 of 1999.
The Property Practitioners Regulatory Authority (PPRA) has confirmed that no extensions will be granted for the submission of 2025 trust account audit reports for practitioners with a February year-end.
The Institute of Directors in South Africa (IoDSA) has highlighted updated guidelines for Audit Committees regarding the assessment and response to fraud risks, focusing on the fraud triangle of incentives, opportunities, and attitudes. The Institute of Directors South Africa (IoDSA) has clarified the Audit Committee’s role in risk oversight under the Companies Act and King IV. SAICA has updated its repository of example audit reports for Public Interest Entities (PIEs) to assist auditors in complying with the IRBA Enhanced Auditor Reporting (EAR) Rule.
The Independent Regulatory Board for Auditors (IRBA) has released an Exposure Draft proposing significant revisions to the Code of Professional Conduct to incorporate ethics and independence standards for sustainability assurance.
The International Public Sector Accounting Standards Board (IPSASB) has released Exposure Draft (ED) 93, proposing amendments to the definition of material within IPSAS 1, IPSAS 3, and the Conceptual Framework.
The Independent Regulatory Board for Auditors (IRBA) has issued a notice calling for public comment on proposed revisions to the Code of Professional Conduct for Registered Auditors to align with international standards. The Independent Regulatory Board for Auditors (IRBA) has released a Feedback Statement following its post-implementation review of South African Assurance Engagements Practice Statement (SAAEPS) 1.
The IFRS Foundation has updated its educational material on going concern assessments to reflect the issuance of IFRS 18 and the revised ISA 570.
The International Auditing and Assurance Standards Board (IAASB) has released a Frequently Asked Questions (FAQ) document to assist with the implementation of International Standard on Auditing 570 (Revised 2024), Going Concern. The Independent Regulatory Board for Auditors (IRBA) has published its quarterly newsletter for January to March 2025, detailing a new strategic focus and updates to standards. The IAASB has confirmed the withdrawal of ISAE 3410, consolidating greenhouse gas assurance into the new ISSA 5000 framework effective December 2026.
Three companies have been hit with fines equivalent to 10% of turnover for failing to file annual financial statements within six months of the yearend.
The Financial Advisory and Intermediary Services Act (“Fais”) is unclear about which intermediary services require licensing. It violates the Rule of Law principle that laws must indicate with reasonable clarity what is. 
The government is intent on micro-managing the financial serices sector with layer upon layer of regulation. Now it is the turn of insurers. New regulation will be dumped on the sector despite evidence that customers are on the whole rather satisfied, writes independent consultant Gerrit Sandrock.
The Financial Advisory and Intermediary Services (FAIS) Act turned a decade old this week. By all accounts, it has fulfilled its promise of greater transparency and fairness in the marketing and sale of financial products.
South African Revenue Services (SARS) has the power to appoint anyone as its collection agent. It has done it to employers, banks and now retirement funds, writes Ciaran Ryan.
Economists and tax specialists were generous in their praise of finance minister Pravin Gordhan’s 2013 budget delivered yesterday, but the big question remains: where is the growth?
Finance minister Pravin Gordhan has announce personal tax relief of R7 billion over the 2013 tax year. Adjustments to the medical tax credit and other relief will add R350 million in relief to South African tax-payers.The views expressed herein are those of the author and do not necessarily reflect those of Acts Online. Acts Online accepts no responsibility for the accuracy, completeness or fairness of the article, nor does the information contained herein constitute advice, legal or otherwise.
