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News Articles and Press & media releases

2019/2018

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2017

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Below are just a few of the latest press releases:

Audit Requirements relating to the Business Accounts of Legal Practitioners now clarified
Audit Requirements relating to the Business Accounts of Legal Practitioners now clarified
Category
Johannesburg, 9 December 2019 - In October 2019, the Companies and Intellectual Property Commission (CIPC) issued a notice of the withdrawal of the non-binding opinion (“this” or “the” “opinion”) pertaining to Regulation 28(2)(a) of the Companies Regulations, 2011 (Companies Regulations) to the Companies Act, 2008 (the Companies Act).
SAICA highlights CIPC Compliance checklist challenges
SAICA highlights CIPC Compliance checklist challenges
Category
Johannesburg, 9 December 2019 – The CIPC Compliance Checklist will be implemented by the CIPC from 1 January 2020. SAICA highlights some of the challenges with the process as it is currently proposed, writes Juanita Steenekamp, Project Director: Governance and Non-IFRS Reporting at the South African Institute of Chartered Accountants (SAICA).
How to streamline your accounting function
How to streamline your accounting function
Category
Johannesburg – 09 December 2019 – Bookkeeping has always been an essential yet time-consuming task for small and medium entities. Streamlining bookkeeping tasks is core to providing a better view of the business’s financial insights, writes Jeanne Viljoen, SAICA Project Director: SMP.
Promoting transparency through digital reporting
Promoting transparency through digital reporting
Category
Johannesburg, 3 December 2019 – The manner in which financial information is consumed and reported in South Africa has substantially changed, as companies were, as from July 2018, required by the Companies and Intellectual Property Commission (CIPC) to submit financial statements to the CIPC using in-line eXtensible Business Reporting Language (XBRL).
Thuthuka and KZN Provincial Treasury: A study in success
Thuthuka and KZN Provincial Treasury: A study in success
Category
An exciting partnership between the South African Institute of Chartered Accountants (SAICA) and the KwaZulu-Natal Provincial Treasury has had far-reaching results, entrenching a culture of accountability in the department while creating opportunities for the province’s youth.
Audit outcomes signify the need for AG to fast-track full implementation of his additional powers
Audit outcomes signify the need for AG to fast-track full implementation of his additional powers
Category
Johannesburg, 21 November 2019 – The disappointing audit outcomes signify the need for the Auditor-General (AG) to fast-track full implementation of his additional powers to curb corruption and financial mismanagement, says Julius Mojapelo, Senior Executive: Public Sector at the South African Institute of Chartered Accountants.
Data Analytics for audit and assurance practitioners
Data Analytics for audit and assurance practitioners
Category
Johannesburg, 11 November 2019 - There are a number of reasons for this lack of adoption of audit analytics and the key barrier is relevant guidance for the auditor. The aggressive acceleration of the technological revolution has surpassed the ability of the auditors’ regulators to keep the guidance relevant.
How preparers of financial statements and auditors will be impacted by the recent amendments to the JSE Listing Requirements
How preparers of financial statements and auditors will be impacted by the recent amendments to the JSE Listing Requirements
Category
Johannesburg – 6 November 2019 – In November 2019, the Johannesburg Stock Exchange (JSE) announced amendments to its Listings Requirements.
Chartered Accountants Worldwide launches logo for members to promote the value of the profession globally
Chartered Accountants Worldwide launches logo for members to promote the value of the profession globally
Category
Johannesburg, 4 November 2019 - Chartered Accountants Worldwide (CAW) has launched a network member logo that recognises and promotes a global family of Chartered Accountants.
SAICA announces its new Board chairperson
SAICA announces its new Board chairperson
Category
Johannesburg, 30 October 2019 – The South African Institute of Chartered Accountants (SAICA) has announced the Deputy Auditor-General of South Africa, Tsakani Maluleke CA(SA), as its new non-executive Board Chairman.

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