Auditors faced various challenges during 2019, after the South African Legal Practice Council Rules (Rules), issued by the Legal Practice Council (LPC), came into effect on 1 November 2018, as the guidance available to auditors had not yet been updated and re-issued at the time. After following a thorough and consultative process, the IRBA has now finally issued the Guide for Registered Auditors: Engagements on Legal Practitioners' Trust Accounts (Revised March 2020) (IRBA Guide). This article highlights the key changes and practical considerations in this regard. General changes to the IRBA Guide The IRBA Guide has been updated based [...]