New IAASB Resources Alert: Explore ISSA 5000 FAQ on Materiality
As part of its global outreach campaign, the IAASB is responding to requests for additional information on materiality matters, with regard to ISSA 5000, General Requirements for Sustainability Assurance Engagements, available on:
A comprehensive set of FAQs, The Application of Materiality by the Entity and the Assurance Practitioner, is available on:
Recent Articles
Newsletter February 2025
Bending the Rules Auditors often find themselves in a delicate situation where an audit client wants a certain outcome, while the rules do not allow it. The correct treatment is [...]
Newsletter January 2025
Changes in SAICA Training Regulations SAICA recently issued their updated SAICA 2025 Training Regulations, effective from 1 January 2025. Training officers must ensure that the current version of the training [...]
Newsletter November 2024
Audit Implications of IFRS 18 In the constantly evolving field of financial reporting, auditors must stay abreast of significant changes in accounting standards to ensure accurate and compliant financial statements. [...]
Newsletter October 2024
IRBA EAR Rule The IRBA Rule on Enhanced Auditor Reporting for the audit of financial statements of public interest entities (EAR Rule) was published in the Government Gazette on 15 [...]
Newsletter September 2024
Providing Accounting Services to Audit Clients Many audit firms provide financial statement preparation services to voluntary audit clients through accounting staff and engagement partners that do not form part of [...]
Guidance on Beneficial Ownership, in Terms of Section 21b of the FIC Act
Guidance on Beneficial Ownership, in Terms of Section 21b of the FIC Act The FIC has published PCC 59, which offers accountable institutions guidance on compliance with the beneficial ownership [...]