Professional Skepticism: AFC Guidance for External Auditors
The Anti-Fraud Collaboration has released new guidance for external auditors on exercising and maintaining professional skepticism in accordance with international auditing standards.-
Draft Amendments to Magistrates’ Courts Rules Published for Comment
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Minister Refers MICT SETA Governance Concerns to National Skills Authority
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DHA Rolls Out Phase II of Trusted Employer Scheme Amid Government-Wide Digitisation Push
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High Court Grants R326m Freezing Order in Tembisa Hospital Fraud Case
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Launch of IDAC Oversight Judge Office Clarifies Statutory Mandate
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AFU Secures R326m Forfeiture Order in Tembisa Hospital Procurement Fraud Case
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IESBA Announces Targeted Ethics Code Update on Firm Culture and Governance
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Department of Water and Sanitation Begins Raw Water Tariff Consultations
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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.Magistrates’ Courts Rules: Proposed Amendments to Land Eviction Review Procedures
The Rules Board for Courts of Law has invited public comment on proposed amendments to the Magistrates’ Courts rules concerning the automatic review of eviction orders under land-related legislation.National Treasury Issues New GRAP Regulations under PFMA
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.National Treasury Issues Guidance on GRAP 14 Post-Reporting Date Events
National Treasury has updated its GRAP Knowledge Hub with new guidance on the classification of adjusting and non-adjusting events under GRAP 14.South African Police Service Amendment Bill: Explanatory Summary Gazetted
The Civilian Secretariat for the Police Service has published an explanatory summary of the South African Police Service Amendment Bill, signaling its imminent tabling in Parliament to align the principal Act with the Constitution.Draft Rules for Land Court Published for Comment
The Rules Board for Courts of Law has released draft rules for the Land Court under the Land Court Act, No. 6 of 2023, with a comment deadline of 27 February 2026.Draft National Entrepreneurship Strategy and Implementation Plan Released for Comment
The Department of Small Business Development has invited public comment on a draft strategy designed to create a supportive ecosystem for economic growth and innovation.Competition Commission issues draft guidelines on minority shareholder protections
The Competition Commission has published draft guidelines under the Competition Act, No. 89 of 1998, outlining its approach to transactions where minority shareholder protections may constitute a change of control.IPSASB Aligns Definition of Material in Public Sector Standards
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.Parliament Passes Marine Oil Pollution and Public Service Amendment Bills
Parliament has passed the Marine Oil Pollution (Preparedness, Response & Co-operation) Bill and the Public Service Amendment Bill, sending both to the President for signature.2025 Employment Equity Reporting Deadline: 15 January 2026
The 2025 Employment Equity reporting cycle for online submissions closes on 15 January 2026, requiring designated employers to submit annual reports and align five-year plans with sector-specific targets.Draft General Finance Laws Amendment Bill: Jibar Transition and Procurement Changes
National Treasury has released the draft General Finance Laws (Official Benchmarks & Procurement) Amendment Bill for public comment, proposing critical updates to financial benchmark management and procurement reporting.IAASB Issues FAQ on ISSA 5000 Sustainability Assurance in the EU
The International Auditing and Assurance Standards Board (IAASB) has released a Frequently Asked Questions document on the relevance of ISSA 5000 to sustainability reports issued within the European Union.IAASB Updates Technology Position: Catalog of Issues and Possible Actions (Nov 2025)
The International Auditing and Assurance Standards Board (IAASB) has released Version 2 of its Technology Position Catalog, identifying regulatory gaps and proposed actions for auditing standards in the face of rapid technological change.SARS Gazettes New Regulations on Automatic Exchange of Information
The South African Revenue Service has issued new regulations under the Tax Administration Act, No. 28 of 2011, regarding the automatic inter-jurisdictional exchange of financial account information, effective 1 March 2026.Environmental Management: Proposed Generic EMPr for Prince Edward Islands
The Department of Forestry, Fisheries & the Environment has called for public comment on a proposed generic environmental management programme for conservation and research on the Prince Edward Islands.AARTO Implementation: Withdrawal of Commencement Proclamations and Regulations
Presidential proclamations and implementing regulations for the AARTO Act and its 2019 Amendment Act have been officially withdrawn, deferring the phased implementation until July 2026.IoDSA and King Committee Publish King V Report 2025
The Institute of Directors in South Africa (IoDSA) and the King Committee have released the King V Report on Corporate Governance, effective for financial years starting on or after 1 January 2026.Tobacco Products Bill: Parliamentary Progress Update
The Tobacco Products and Electronic Delivery Systems Control Bill [B33-2022] remains in the National Assembly Health Committee following the postponement of key voting and response sessions in November 2025.Legislative Update: Status of Bills in Parliament (November 2025)
Parliament is processing 43 Bills ahead of the December 2025 recess, including the Immigration Amendment Bill and the Independent Municipal Demarcation Authority Bill.Public Comment Opportunities: December 2025 Legislative Consultations
National government has invited stakeholders to submit representations on various legislative proposals and draft regulations currently open for public comment during December 2025.Financial Sector Regulation Act: Transitional Arrangements Extended
National Treasury has gazetted a notice extending the transitional arrangements under the Financial Sector Regulation Act, No. 9 of 2017, for medical schemes, pension funds, and other financial entities.Political Party Funding Act: Regulatory Amendments Gazetted
Substantive amendments to the regulations under the Political Party Funding Act, No. 6 of 2018, have been gazetted and are now in force.Draft Regulations: Hate Crimes & Hate Speech Act
The Department of Justice and Constitutional Development has invited public comment on draft regulations intended to operationalise the Prevention and Combating of Hate Crimes and Hate Speech Act, No. 9 of 2024.IFRS Foundation Issues Educational Module 9 for SMEs
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.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.