Reminder: New Illustrative Reports Approved for Use by Independent Assurance Practitioners

Reminder!!

On 1 March 2023, the CFAS approved the issue of illustrative reports to be used by independent assurance practitioners, in terms of the Property Practitioners Act of 2019 (Act No. 22 of 2019), for the year-end of property practitioners on or after 28 February 2023. These reports are due on or before 31 August 2023.

Please also refer to the communication issued by the PPRA, on:

https://theppra.org.za/article/audit_compliance_2023_new_illustrative_trust_account_audit_reports 

The reports may be downloaded on:

https://www.irba.co.za/guidance-to-ras/industry-specific-guides-and-regulatory-reports/estate-agents-trust-account-report

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