IoDSA Guidance: Audit Committee Oversight of Risk
The Institute of Directors South Africa (IoDSA) has re-emphasised the role of the Audit Committee in risk management, focusing on sustainability and external factors.-
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The Institute of Directors South Africa (IoDSA) has re-emphasised the role of the Audit Committee in risk management, focusing on sustainability and external factors.IoDSA Guidance: Audit Committee Oversight of Risk [abb465]
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 Updates Enhanced Auditor Reporting (EAR) Example Reports
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.Mine Health & Safety: New Guidelines for Fire and Change Management Codes of Practice
The Department of Mineral Resources and Energy has issued mandatory guidelines for the compilation of codes of practice regarding fire prevention and change management under the Mine Health and Safety Act, 1996.DPCI Personnel Regulation Amendments Gazetted
The Department of Police has gazetted amendments to the regulations governing personnel requirements for the Directorate for Priority Crime Investigation (DPCI), effective immediately.Municipal Police: New Crowd Management and Arrest Standards Gazetted
The Department of Police has gazetted new standards for municipal police services regarding crowd management and the arrest and treatment of persons, repealing all previous iterations.Legal Sector Code Charter Council to Monitor Briefing Patterns
The Legal Sector Code Charter Council, established in March 2025, has begun monitoring briefing patterns to ensure compliance with the B-BBEE Legal Sector Code of Good Practice.SAICA Releases Updated Guide to Artificial Intelligence
SAICA has updated its Difference Makers’ Guide to Artificial Intelligence, offering practical insights and regulatory considerations for accountants and auditors using emerging technologies.IESBA Issues Staff Q&As on International Ethics Standards for Sustainability Assurance (IESSA)
The International Ethics Standards Board for Accountants (IESBA) has released a Staff Questions & Answers publication to support the implementation of the International Ethics Standards for Sustainability Assurance (IESSA).IAASB and IESBA Issue Joint FAQs on Sustainability Assurance Standards
The IAASB and IESBA have released joint FAQs to support the interoperability of ISSA 5000 and the International Ethics Standards for Sustainability Assurance (IESSA).Proposed IRBA Code Revisions for Sustainability Assurance
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.CIPC Releases Draft Data Models for IFRS 2025 Taxonomy Update
The Companies and Intellectual Property Commission (CIPC) has published draft data models aligned with the IFRS 2025 Taxonomy and a proposed sustainability extension for public review.CIPC Updates B-BBEE Registration Platform for EMEs
The CIPC has introduced technical enhancements to its B-BBEE registration platform, incorporating Sector Charter Councils, SIC codes, and specific distinctions for non-South African Black ownership.South Africa Moves Toward FATF Greylist Exit Following Plenary Determination
The Financial Action Task Force (FATF) has made an initial determination that South Africa has substantially completed its action plan to address anti-money laundering and counter-terrorist financing deficiencies.Submissions Invited on South African Reserve Bank Amendment Bill
The Standing Committee on Finance has issued a call for written submissions regarding the South African Reserve Bank Amendment Bill, which proposes the full nationalisation of the central bank.Military Veterans Act: Draft Burial Support Regulations Published
The Department of Military Veterans has published draft regulations under the Military Veterans Act, No. 18 of 2011, detailing the formal procedures for burial support applications.Parliament Invites Submissions on Four Amendment Bills
Parliament has called for public comment on four legislative proposals, including amendments to the Income Tax Act and the repeal of the Municipal Demarcation Act, with a submission deadline of 30 June 2025.Treasury and Presidency Outline Electricity Transmission Milestones
National Treasury and the Presidency have issued statements detailing progress on South Africa’s independent electricity transmission programme and broader economic recovery initiatives.Judicial Matters Amendment Bill: Call for Submissions
The Portfolio Committee on Justice and Constitutional Development has invited written submissions on the Judicial Matters Amendment Bill, with a deadline of 10 July 2025.IoDSA Guidelines: Audit Committee Obligations for Reportable Irregularities
The Institute of Directors South Africa has released guidance on the role of audit committees concerning reportable irregularities under the Auditing Profession Act, No. 26 of 2005.SARS: 2025 Tax Season Filing Dates for Individuals
SARS has announced the 2025 tax season filing dates, setting a deadline of 20 October 2025 for manual amendments to auto-assessments.IPSASB ED 93: Proposed Amendments to the Definition of Material
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.IRBA Proposes Revisions to Code of Professional Conduct
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.Plant Breeders’ Rights Act, 2018: Commencement and Regulations
The Plant Breeders’ Rights Act, No. 12 of 2018, has officially commenced, repealing the 1976 Act and introducing new regulations and fee structures.General (Family) Laws Amendment Bill: Explanatory Summary Gazetted
The Department of Justice & Constitutional Development has gazetted the explanatory summary of the General (Family) Laws Amendment Bill, 2025, which proposes amendments to the Divorce Act, No. 70 of 1979.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.