LATEST UPDATE

2025 Trust Account Audit Reports Submission Reminder

In respect of the 2025 audit report submissions, registered auditors are advised to take note of the latest communication from the Property Practitioners Regulatory Authority (PPRA), which is available on:

https://theppra.org.za/article/2025_trust_account_audit_reports_submission_reminder

This is a reminder for business property practitioners who are not in possession of trust account exemption letters and have a financial year end of 28 February 2025. The principals must ensure that their auditors submit the trust account audit reports to the PPRA, on or before 31 August 2025.

This requirement is in accordance with section 54(5)(b) and 54(6) of the Property Practitioners Act. No requests for extensions will be considered, or granted by the PPRA.

Should you have any queries, please contact the PPRA directly.