The Accounting Standards Board (ASB) has released Exposure Draft (ED) 215, proposing specific amendments to the Standard of GRAP on Accounting by Principals and Agents (GRAP 109).
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The Independent Regulatory Board for Auditors (IRBA) has adopted the revised International Standard on Auditing (ISA) 240, which significantly strengthens the responsibilities of auditors regarding fraud in financial statement audits.
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The Independent Regulatory Board for Auditors (IRBA) has released revised illustrative auditor’s reports for statutory returns applicable to banks, insurers, and medical schemes, clarifying the application of the Enhanced Auditor Reporting Rule.
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The International Federation of Accountants (IFAC) has released the 2026 Handbook of International Education Standards, incorporating revised standards effective 1 July 2026.
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The South African Institute of Chartered Accountants (SAICA) has released updated guidance regarding auditor opinions required under the Sectional Titles Schemes Management Regulations.
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The South African Institute of Chartered Accountants (SAICA) has released an updated version of the Medical Schemes Accounting Guide for 2025, providing revised guidance on IFRS compliance and Council for Medical Schemes (CMS) reporting requirements.
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The IAASB has released narrow-scope amendments to its standards to align with new IESBA ethical requirements for using the work of external experts.
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The IFRS Foundation has released a suite of educational resources, including 11 modules and 5 webcasts, to support the implementation of the third edition of the IFRS for SMEs Accounting Standard.
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National Treasury has issued a GRAP Reporting Bulletin providing guidance on the recognition, measurement, and disclosure of surplus funds under the PFMA and National Treasury Instruction No. 03 of 2025/26.
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The International Accounting Standards Board (IASB) has released an Exposure Draft proposing a new accounting model to align interest rate risk management with financial reporting.
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The Independent Regulatory Board for Auditors (IRBA) has issued a reminder regarding the regulatory obligations and quality management requirements for firms auditing listed entities under the JSE Listings Requirements.
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The International Accounting Standards Board (IASB) has issued updated illustrative examples to assist companies in applying IFRS Accounting Standards when reporting the effects of uncertainties, including climate-related risks.
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The IFRS Foundation has issued a new educational module to assist entities in applying Section 23 (Revenue from Contracts with Customers) of the third edition of the IFRS for SMEs Accounting Standard.
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The Anti-Fraud Collaboration has released new guidance for external auditors on exercising and maintaining professional skepticism in accordance with international auditing standards.
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The Minister of Finance has issued new Regulations on Accounting Standards under the Public Finance Management Act, No. 1 of 1999, prescribing revised Standards of GRAP effective from 1 April 2027.
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National Treasury has updated its GRAP Knowledge Hub with new guidance on the classification of adjusting and non-adjusting events under GRAP 14.
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The International Public Sector Accounting Standards Board (IPSASB) has issued amendments to IPSAS 1, IPSAS 3, and its Conceptual Framework to align the definition of materiality.
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The IFRS Foundation has released a new educational module to support the implementation of Section 9 of the third edition of the IFRS for SMEs Accounting Standard, focusing on consolidated and separate financial statements.
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The International Accounting Standards Board (IASB) has issued narrow-scope amendments to IAS 21 to clarify the translation of financial statements from a non-hyperinflationary currency into a hyperinflationary presentation currency.
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National Treasury has issued comprehensive guidelines for Fiscal Commitments and Contingent Liabilities (FCCL) and Unsolicited Bid Proposals (USP) to strengthen the Public-Private Partnership (PPP) regulatory framework.
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The Accounting Standards Board (ASB) has issued Exposure Draft (ED) 216, proposing narrow-scope amendments to the Standards of GRAP to enhance clarity and international alignment for the 2026 reporting period.
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The Accounting Standards Board (ASB) has released the updated Directive 5 on the GRAP Reporting Framework for the 2026/27 financial year, applicable to public sector entities for periods starting 1 April 2026.
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The Independent Regulatory Board for Auditors (IRBA) has released its 2024/2025 Annual Report, marking the completion of its five-year strategic cycle and highlighting its fourth consecutive clean audit opinion.
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The Independent Regulatory Board for Auditors (IRBA) has released Issue 71 of its quarterly newsletter, detailing regulatory developments, disciplinary outcomes, and standards updates for the period July to September 2025.
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The Centre for Audit Quality (CAQ) has released a structured assessment tool designed to assist audit committees in evaluating the performance and independence of external auditors.
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