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Recent Updates & News
Exposure Draft: Proposed SAAPS 3 (Revised XXX 2026), Illustrative Reports
By LEAF Quality Systems (Pty) Ltd|2026-07-01T18:51:59+02:00June 25th, 2026|Categories: Latest Updates|Tags: assurance standards, audit compliance, audit reporting, auditing standards, Auditor Reports, CAS, Committee for Auditing Standards, Early Adoption, exposure draft, external audit, Financial Statement Audits, Fraud in Financial Statement Audits, going concern, illustrative reports, International Standards on Quality Management, IRBA, ISA 240 Revised, ISA 570 Revised 2024, ISQM, Professional Standards, Public Comment, Regulatory Update, SAAPS 3, SAAPS 3 Revised 2026, South Africa auditing, South African Regulatory Updates|
LATEST UPDATE Exposure Draft: [...]
IASB issues IFRS 20 to improve financial reporting for companies subject to rate regulation
By LEAF Quality Systems (Pty) Ltd|2026-07-01T18:52:09+02:00June 25th, 2026|Categories: Latest Updates|Tags: accounting compliance, accounting standards, Annual Reporting, corporate reporting, financial reporting, financial statements, Future Cash Flows, Global Accounting Standards, IASB, IASB News, IFRS 14, IFRS 15, IFRS 20, IFRS implementation, IFRS Standards, IFRS Update, International Accounting Standards, Investor Transparency, Rate-Regulated Activities, Regulatory Accounting, Regulatory Assets, Regulatory Liabilities, Revenue Recognition, Utility Companies|
LATEST UPDATE IASB issues [...]
Effective date of sections 30m 30A and 30B of the Companies Act
By Leaf Quality Systems|2026-06-25T14:57:05+02:00June 25th, 2026|Categories: Latest Updates|Tags: AFS Disclosure, AGM Compliance, Alternative Dispute Resolution, Annual Financial Statements, Annual General Meeting, Board Remuneration, Business Regulation, Commencement Notice, Companies Act, Companies Act Amendments, Companies Amendment Act 2024, Companies Tribunal, Company Law Updates, Company Secretarial, Compliance Update, Corporate Compliance, Corporate Governance, Corporate Law, corporate reporting, Director Benefits Disclosure, Director Remuneration, Effective Date 22 May 2026, Executive Compensation, financial reporting, Financial Statement Disclosure, Governance and Compliance, Governance Framework, legal update, Prescribed Officers, Public Companies, Regulatory Compliance, Regulatory Developments, Remuneration Governance, Remuneration Policy, Remuneration Report, SAICA, South Africa, South Africa Business Law, South African Companies Act, South African Legislation, State-Owned Companies|
LATEST UPDATE Effective date [...]
Key Audit Issues and Trends in Fraud Risk Discussions
By Leaf Quality Systems|2026-06-05T13:09:09+02:00May 29th, 2026|Categories: Audit Issues & Trends|Tags: audit committee, audit deficiencies, audit file documentation, audit issues and trends, audit planning, fraud risk, fraud risk assessment, internal audit, ISA 240, professional scepticism, Risk of material misstatement, those charged with governance|
Fraud Risk Discussions ISA 240 requires auditors to [...]
IESBA Releases Guide on Proportionality of the IESBA Code
By Leaf Quality Systems|2026-05-29T16:26:17+02:00May 29th, 2026|Categories: Latest Updates|Tags: accounting ethics, Auditor Independence, Ethics Standards, fundamental principles, IESBA, IESBA 2026, IESBA Code, proportionality, small and medium practices, SMP|
LATEST UPDATE IESBA Releases [...]
Educational Modules on the Third Edition of IFRS for SMEs Published
By Leaf Quality Systems|2026-05-29T16:28:07+02:00May 29th, 2026|Categories: Latest Updates|Tags: accounting standards, Educational Modules, IFRS 2026, IFRS for SMEs, IFRS Foundation, intangible assets, related party disclosures, share-based payment, small and medium practices, SMEs|
LATEST UPDATE Educational Modules [...]
IRBA Anonymous Tip-Offs
By Leaf Quality Systems|2026-05-29T16:15:14+02:00May 29th, 2026|Categories: Latest Updates|Tags: anonymous tip-offs, audit firm breaches, Audit Regulation, auditor misconduct, IRBA, IRBA complaints, professional conduct, regulatory reporting, South Africa auditing, whistleblowing|
LATEST UPDATE IRBA Anonymous [...]
IFAC and SAICA to Co-host 2028 World Congress of Accountants in Cape Town, South Africa
By Leaf Quality Systems|2026-05-29T16:03:52+02:00May 29th, 2026|Categories: Latest Updates|Tags: accountancy profession, Africa accountancy, Cape Town, global accountants, IFAC, SAICA, South Africa, WCOA, WCOA 2028, World Congress of Accountants|
LATEST UPDATE IFAC and [...]







