Financial Reporting2023-07-24T09:51:24+02:00

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Recent Updates & News

CIPC Notice: Guidance on Sections 30A & 30B of the Companies Act (As Amended)

By |July 30th, 2026|Categories: Latest Updates|Tags: , , , , |

CIPC Notice 35 of 2026 clarifies transitional provisions for sections 30A and 30B of the amended Companies Act.

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IAASB Proposes Targeted Revisions to the ISA for Audits of Less Complex Entities

By |July 29th, 2026|Categories: Latest Updates|Tags: , , , , |

IAASB proposes targeted revisions to the ISA for LCE addressing fraud and going concern. Feedback due 17 November 2026.

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IFRS for SMEs Accounting Standard: New Webcast and Module Available

By |July 28th, 2026|Categories: Latest Updates|Tags: , , , , |

IFRS Foundation releases Module 34 on Inventories and its final transition webcast for the IFRS for SMEs Accounting Standard.

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IESBA Staff Publication Highlights Ethical Considerations for Accountants Using Emerging Technologies

By |July 27th, 2026|Categories: Latest Updates|Tags: , , , , |

IESBA staff publication explores ethical considerations for accountants using emerging technologies, ahead of upcoming AI guidance.

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FICA Section Commencement and Amendment of Money Laundering and Terrorist Financing Control Regulations

By |July 25th, 2026|Categories: Latest Updates|Tags: , , , , |

FICA sections 30, 54, 55 and 70 commenced 1 July 2026, alongside amended money laundering regulations. Here's what changed.

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IASB Issues Amendments Clarifying the Fair Value Option in IAS 28

By |July 24th, 2026|Categories: Latest Updates|Tags: , , , , |

IASB issues targeted amendments clarifying fair value option eligibility in IAS 28, aligning with new IFRS 18 requirements.

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IRBA Exposure Draft: Proposed Guide (Revised 20XX) for Registered Auditors on Medical Scheme Assurance Engagements

By |July 23rd, 2026|Categories: Latest Updates|Tags: , , , , |

IRBA issues an exposure draft guide for registered auditors on medical scheme assurance engagements. Comments are due by 27 August 2026.

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