FSCA Releases Integrated Annual Report 2024/25
The Financial Sector Conduct Authority has published its 2024/25 Integrated Annual Report, highlighting a surge in enforcement actions and the licensing of 264 crypto asset service providers.-
Draft VAT Amendments Issued for Valuable Metals Reverse Charge
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General Fuel Levy Relief Adjusted and June 2026 Fuel Prices Announced
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dtic Gazettes Retrospective Competition Act Merger Thresholds and Filing Fees
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B-BBEE: Parliamentary Committee Briefed on ICT Sector Transformation and EEIP Dispute
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Employment Services Amendment Bill to Introduce R100,000 Fines for Non-Compliance
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Mastering Financial Statement Compilation: 2026 Regulatory Guide
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CIPC Mandates Black and White Scanning for Document Submissions
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CIPC Clarifies Grounds for BRP License Suspension and Revocation
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The Financial Sector Conduct Authority has published its 2024/25 Integrated Annual Report, highlighting a surge in enforcement actions and the licensing of 264 crypto asset service providers.National Treasury: Final 2025/26 Accounting Manuals for Departments
The Office of the Accountant General has released the final Accounting Manuals for Departments for the 2025/26 financial year, providing essential guidance for Modified Cash Standard compliance.National Treasury: MCS Interim Financial Statements Template 2025/2026
The National Treasury has issued the Modified Cash Standard (MCS) Interim Financial Statements template for the 2025/2026 financial year, applicable to all national and provincial departments.National Treasury publishes 2025/26 Specimen AFS for Departments
The Office of the Accountant General has released the specimen annual financial statements for national and provincial departments for the financial year ending 31 March 2026.IFRS Foundation Releases Educational Module on Section 35 Transition
The IFRS Foundation has issued a new educational module to assist entities in transitioning to the third edition of the IFRS for SMEs Accounting Standard.IFRS for SMEs: New Educational Module on Business Combinations and Goodwill
The IFRS Foundation has released a new educational module for Section 19 of the third edition of the IFRS for SMEs Accounting Standard, focusing on business combinations and goodwill.IRBA Issues Revised Auditor’s Report Templates for Medical Schemes
The Independent Regulatory Board for Auditors (IRBA) has released updated illustrative auditor’s report templates for medical schemes to align with revised international standards and local enhanced reporting rules.IPSASB: Amendments to Standards Following IPSAS 46 Measurement
The International Public Sector Accounting Standards Board (IPSASB) has issued amendments to several standards to integrate the current operational value measurement basis, effective 1 January 2028.ASB Releases ED 214: Proposed GRAP Standard on Social Benefits Limited Scope Amendment
The Accounting Standards Board has issued Exposure Draft 214, proposing limited-scope amendments to the Standard of GRAP on Social Benefits.IRBA: Revised Illustrative Banks Act Regulatory Auditor’s Reports
The Independent Regulatory Board for Auditors (IRBA) has issued revised illustrative regulatory auditor’s reports in terms of the Banks Act, No. 94 of 1990, effective for periods ending on or after 15 June 2025.IRBA Adopts ISA 570 (Revised 2024) Going Concern
The Independent Regulatory Board for Auditors (IRBA) has approved the adoption and prescription of ISA 570 (Revised 2024) to enhance auditor responsibilities regarding an entity’s ability to continue as a going concern.IRBA Issues Revised SAAPS 3 Illustrative Reports (September 2025)
The Independent Regulatory Board for Auditors (IRBA) has published the revised South African Auditing Practice Statement (SAAPS) 3, providing updated illustrative reports for auditors and independent reviewers.IAASB Releases 2025 Handbook with New Sustainability Standard
The International Auditing and Assurance Standards Board (IAASB) has published its 2025 Handbook, introducing a dedicated volume for the new International Standard on Sustainability Assurance (ISSA) 5000.IESBA Releases Guidance on External Experts and Sustainability Assurance
The International Ethics Standards Board for Accountants (IESBA) has issued new staff implementation guidance on using external experts and applying the International Ethics Standards for Sustainability Assurance (IESSA), effective December 2026.IAASB Aligns Publicly Traded Entity Definition with IESBA Code
The International Auditing and Assurance Standards Board (IAASB) has issued narrow-scope amendments to align the definition of a listed entity with the publicly traded entity definition in the IESBA Code of Ethics.IASB Issues Amendments to IFRS 19 Disclosure Requirements
The International Accounting Standards Board (IASB) has issued amendments to IFRS 19, Subsidiaries without Public Accountability: Disclosures, to incorporate reduced disclosure requirements for standards issued between February 2021 and May 2024.IFRS Foundation: Draft Examples for Reporting Uncertainties
The IFRS Foundation has released a near-final staff draft providing illustrative examples on how to disclose uncertainties in financial statements, specifically focusing on climate-related risks.IPSASB Launches Technical Issue Submission Portal
The International Public Sector Accounting Standards Board (IPSASB) has introduced a formal online submission process for technical and application issues related to IPSAS.CMS Circular 22 of 2025: Audit Quality Indicators for Medical Schemes
The Council for Medical Schemes has issued Circular 22 of 2025, proposing Audit Quality Indicators for the appointment of auditors under the Medical Schemes Act.ASB Invites Comments on Draft GRAP for Social Benefit Liability Verification
The Accounting Standards Board (ASB) has issued a call for public comment on a draft Standard of Generally Recognised Accounting Practice (GRAP) concerning the verification of social benefit liabilities.National Treasury: Draft 2025/26 Accounting Manuals for Departments
The National Treasury has released the draft Accounting Manuals for Departments (AMD) for the 2025/26 financial year for public comment.National Treasury: Proposed Changes to AFS Annexure 5
The National Treasury has released proposed amendments to Annexure 5 of the Annual Financial Statements template for government departments for public comment.IASB Issues Revised IFRS Practice Statement 1 Management Commentary
The International Accounting Standards Board has released a revised Practice Statement to align management commentary with global sustainability reporting and investor needs.IASB: Post-Implementation Review of IFRS 16 (Leases)
The International Accounting Standards Board has issued a Request for Information as part of its Post-Implementation Review of IFRS 16 (Leases).PCAOB Issues Audit Focus on Auditing Accounting Estimates
The Public Company Accounting Oversight Board (PCAOB) has released a new Audit Focus resource to assist auditors, particularly those in smaller firms, with the complexities of auditing accounting estimates and addressing common inspection deficiencies.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.