LEAF Technical Archives - Page 4 of 4 - Leaf Quality Systems (Pty) Ltd

Practical implications of the new IRBA Code
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LEAF Audit Quality, LEAF Financial Reporting, LEAF Methodology, LEAF Technical, LEAF Training

Practical implications of the new IRBA Code

LEAF Quality Systems (Pty) Ltd2020-03-02T12:11:20+02:00

Practical implications of the new IRBA Code Practical implication of the new IRBA code The new IRBA Code of Professional Conduct for Registered Auditors (Revised November 2018) (IRBA Code) came into effect recently, but not all registered auditors understand the practical implications thereof. This article sets out important practical areas to consider to ensure ethical compliance. When does what apply? The effective dates relevant to the new IRBA Code are as follows: • Parts 1 & 3: 15 June 2019 • Part 4A & [...]

Practical implications of the new IRBA CodeLEAF Quality Systems (Pty) Ltd2020-03-02T12:11:20+02:00

Attorneys: audit report template
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Attorneys: audit report template

Tarina Els2025-05-07T13:59:22+02:00

Attorneys: audit report template Important news for the current reporting period SAICA has issued a very important communication regarding the audit report template to be used for attorneys trust accounts for the current year. SAICA's communication on the transitional arrangement relating to the Legal Practice Act and Legal Practice Council Rules is available on the SAICA website. How is this different from previous communications? In the LEAF Webinar on Attorneys trust accounts and in the previous newsletter on the same topic, dual reporting was [...]

Attorneys: audit report templateTarina Els2025-05-07T13:59:22+02:00

Estate Agents
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Estate Agents

LEAF Quality Systems (Pty) Ltd2019-07-25T09:07:36+02:00

Estate Agents Estate Agents Estate agent trust accounts pose various challenges to auditors, which may easily result in an audit file failing inspections. The Financial Intelligence Centre Amendment Act, 2017 (FIC Amendment Act) introduced important changes to be aware of, while auditors sometimes still have to contend with existing Estate Agency Affairs Board (EAAB) requirements and online audit report submissions. This article aims to guide auditors and highlight significant areas. Amendments to FIC requirements The FIC Amendment Act became effective in [...]

Estate AgentsLEAF Quality Systems (Pty) Ltd2019-07-25T09:07:36+02:00

ISA 540 Revised
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ISA 540 Revised

LEAF Quality Systems (Pty) Ltd2018-11-01T11:03:53+02:00

ISA 540 Revised ISA 540 Revised Auditing Accounting Estimates and Related Disclosures The International Standard on Auditing (ISA) 540 (Revised): Auditing Accounting Estimates and Related Disclosures was approved by the International Audit and Assurance Standards Board (IAASB) during their June 2018 meeting and is effective for audits of financial statements beginning on or after 15 December 2019. Why did the IAASB revise the standard? The developing reporting environment – specifically with the introduction of the expected credit loss model of accounting, revised standards dealing with [...]

ISA 540 RevisedLEAF Quality Systems (Pty) Ltd2018-11-01T11:03:53+02:00