IRBA Inspections tip-offs hotline The IRBA has implemented a Tip-Offs hotline. The IRBA’s 9th Inspections Cycle Information Handbook explains the process, and is available on: https://www.irba.co.za/guidance-for-ras/inspections/tip-offs This initiative is already operational, with a dedicated email address for the submission of tip-offs via the IRBA website. Tip-offs may be provided anonymously. The primary benefit of this process will be the enhanced proactive benefits of the risk-based inspections approach, also for other IRBA departments. Go to more snippets Other Updates Go to News Room

CA2025 Updated to CA of the Future SAICA's CA2025 project has transformed into the CA of the Future initiative, aiming to equip Chartered Accountants with leadership skills. A major revision of the CA(SA) entry-level Competency Framework is being implemented across various aspects of the qualification process. More information about the updates of the CA of the Future initiative may be found on: https://www.saica.org.za/become-a-member/future-members/exam-information The standard and quality of the exam will not change. Go to more snippets Other Updates Go to News Room

Staff Audit Practice Alert 10: Key Considerations With the assistance of the Committee for Auditing Standards, the IRBA has issued the Staff Audit Practice Alert 10: Key Considerations – Acceptance and Continuation of Client Relationships of Audit Engagements (IRBA Staff Audit Practice Alert), to assist registered auditors. The alert is available for downloading in a PDF format from the IRBA website, on: Click Here For queries, contact the Standards Department by emailing standards@irba.co.za. go to more snippets Other Updates Go to News Room

Key Considerations on the VCMs Published by IFAC, CPA Canada and ISF VCMs were created to mobilise private capital at scale towards nature-based climate solutions and innovative low-carbon technologies. IFAC, CPA Canada and the ISF published a resource for professional accountants, and existing and potential market participants, on the state of VCMs and their future development. Understanding Voluntary Carbon Markets: Key considerations for professional accountants and purchasers on the carbon credit life cycle is available on: https://www.ifac.org/knowledge-gateway/professional-accountants-business-paib/publications/understanding-voluntary-carbon-markets?utm_source=Main+List+New&utm_campaign=adeb581d05-EMAIL_CAMPAIGN_2024_06_11_02_48&utm_medium=email&utm_term=0_-adeb581d05-%5BLIST_EMAIL_ID%5D Other Updates Go to News Room

The IFRS Foundation Releases Jurisdictional Guide at IOSCO Annual Meeting The IFRS Foundation has released a guide, the Inaugural Jurisdictional Guide for the adoption or other use of ISSB Standards (Guide), which was published at the IOSCO Annual Meeting in Athens. The Guide aims to show market participants how jurisdictions are progressing towards delivering globally consistent and comparable sustainability-related information. The Guide is available on the link below: https://www.ifrs.org/content/dam/ifrs/supporting-implementation/adoption-guide/inaugural-jurisdictional-guide.pdf Other Updates Go to News Room

IASB Issues Narrow-scope Amendments to Requirements in IFRS 9 The IASB has issued amendments to the classification and measurement requirements in IFRS 9 Financial Instruments. Read Amendments to the Classification and Measurement of Financial Instruments ‒ Amendments to IFRS 9 and IFRS 7, available on the link below: https://www.ifrs.org/premium/ These amendments respond to the 2022 Post-implementation Review of the Accounting Standard, available on the link below: https://www.ifrs.org/news-and-events/news/2022/12/iasb-publishes-its-review-of-classification-and-measurement-requirements-related-to-financial-instruments/ The amendments are effective for annual reporting periods beginning on or after 1 January 2026. Other Updates Go to News Room