REMINDERS: Newly Effective Audit-Related Revisions and Standards-Related Exposure Draft
REMINDER: Recent amendments apply to the International Standards on Auditing (ISAs); the International Standards on Quality Management; certain sections of the IRBA Code (Revised April 2023); and the IRBA Pronouncements.
Comments on the Exposure Draft: Proposed Guide for Registered Auditors (Revised), Joint Audit Engagements, issued on 29 November 2023, must be submitted by 29 February 2024. The Exposure Draft 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 [...]