CIPC Notice: Guidance on Sections 30A & 30B of the Companies Act (As Amended)
LEAF Quality Systems (Pty) Ltd2026-07-30T12:56:43+02:00CIPC Notice 35 of 2026 clarifies transitional provisions for sections 30A and 30B of the amended Companies Act.
IAASB Proposes Targeted Revisions to the ISA for Audits of Less Complex Entities
LEAF Quality Systems (Pty) Ltd2026-07-30T12:55:20+02:00IAASB proposes targeted revisions to the ISA for LCE addressing fraud and going concern. Feedback due 17 November 2026.
IFRS for SMEs Accounting Standard: New Webcast and Module Available
LEAF Quality Systems (Pty) Ltd2026-07-30T12:53:15+02:00IFRS Foundation releases Module 34 on Inventories and its final transition webcast for the IFRS for SMEs Accounting Standard.
IESBA Staff Publication Highlights Ethical Considerations for Accountants Using Emerging Technologies
LEAF Quality Systems (Pty) Ltd2026-07-30T12:51:44+02:00IESBA staff publication explores ethical considerations for accountants using emerging technologies, ahead of upcoming AI guidance.
Highlights from the IAASB June 2026 Meeting
LEAF Quality Systems (Pty) Ltd2026-07-30T12:40:19+02:00Key outcomes from the IAASB's June 2026 board meeting, including ISA 330, ISA 500, ISA 520 and LCE exposure drafts.
FICA Section Commencement and Amendment of Money Laundering and Terrorist Financing Control Regulations
LEAF Quality Systems (Pty) Ltd2026-07-30T12:38:11+02:00FICA sections 30, 54, 55 and 70 commenced 1 July 2026, alongside amended money laundering regulations. Here's what changed.
IASB Issues Amendments Clarifying the Fair Value Option in IAS 28
LEAF Quality Systems (Pty) Ltd2026-07-30T12:35:20+02:00IASB issues targeted amendments clarifying fair value option eligibility in IAS 28, aligning with new IFRS 18 requirements.
IRBA Exposure Draft: Proposed Guide (Revised 20XX) for Registered Auditors on Medical Scheme Assurance Engagements
LEAF Quality Systems (Pty) Ltd2026-07-30T12:35:31+02:00IRBA issues an exposure draft guide for registered auditors on medical scheme assurance engagements. Comments are due by 27 August 2026.
IAASB Releases New ISSA 5000 Materiality FAQs to Support Consistent, Effective Application in Sustainability Assurance Engagements
LEAF Quality Systems (Pty) Ltd2026-07-30T12:30:59+02:00IAASB publishes new FAQs on applying materiality under ISSA 5000 for sustainability assurance engagements. Here's what auditors need to know.
Exposure Draft Consolidation Exception Published by IASB
LEAF Quality Systems (Pty) Ltd2026-07-01T18:50:45+02:00LATEST UPDATE Exposure Draft Consolidation Exception In May 2026, the IASB published the Exposure Draft Consolidation Exception, which is available on: https://www.ifrs.org/content/dam/ifrs/project/ifrs-for-smes-accounting-standard-consolidation-exception/ed-iasb-sme-2026-1-consolidation-exception.pdf It addresses a question that was raised to the SMEIG and is open for comment until 9 September 2026, with more details on: https://www.ifrs.org/projects/work-plan/ifrs-for-smes-accounting-standard-consolidation-exception/ed-cl-consolidation-exception/ The application question was about whether the exception in paragraph 9.3 of the IFRS for SMEs Accounting Standard (Standard), from preparing consolidated financial statements (the ‘consolidation exception’), applies to an intermediate parent, if its ultimate (or intermediate) parent is an investment entity that produces separate financial statements in which [...]