Duration: 2 hours   Overview: This training will give participants a practical understanding of key requirements and considerations relating to retirement fund audits, and how to approach these engagements efficiently.   Content and outline Explanation of the following concepts and demonstration of their practical application: Regulatory context Types of Funds Legislation Annual financial statements Audit reports Audit fieldwork focus areas Other focus areas Latest developments   Certification: Upon completion of the course, participants will be awarded with a verifiable Bronze LEAF certificate.   Registration: To register for the SAICA Training Regulation 2025 please submit the form below. We will get in contact [...]

Going Concern Part 2: Trading While Factually Insolvent   Overview: In South Africa it is not uncommon in business for an entity’s liabilities to exceeds its assets. When the liabilities exceed the assets, factual insolvency exists. The directors of an entity is responsible to ensure that an entity operates in a responsible manner. Auditors need to consider the actions taken by the directors in the circumstances. There is no prohibition against an entity continuing to trade while it is factually insolvent, however, it does raise the risk for potential reckless trading or even fraud, in the sense that liabilities may be [...]

Webinar Going Concern Part 2: Trading While Factually Insolvent   Overview: In South Africa it is not uncommon in business for an entity’s liabilities to exceeds its assets. When the liabilities exceed the assets, factual insolvency exists. The directors of an entity is responsible to ensure that an entity operates in a responsible manner. Auditors need to consider the actions taken by the directors in the circumstances. There is no prohibition against an entity continuing to trade while it is factually insolvent, however, it does raise the risk for potential reckless trading or even fraud, in the sense that liabilities may [...]