Circulars

Date Issued

• Circular 1/2019 – Headline Earnings (360Kb PDF)

December 2019

• 2/95 Use of the designations CA(SA) and Registered Accountant and Auditor (reference update March 2007) (23Kb PDF)

March 1995

• Circular 1/2016 – Guidelines for audits done on behalf of the Auditor-General of SA (105Kb PDF)

March 2016

• Circular 1/2015 – Guideline on Fees for Audits done on Behalf of the Auditor-General South Africa (AGSA) (112Kb PDF)

March 2015

• Circular 4/2014 (Revised) – Illustrative Reporting Irregularity Letters to Independent Reviews, Updated and issued December 2014 (Revised May 2015) (217Kb PDF)

• Circular 2/2014 – The SAICA Circular on the Chartered Accountants Report to the Applicant to Comply with the Department of Home Affairs’ Request in Terms of the Immigration Act, No 13 of 2002 and the Immigration Regulations (94Kb PDF)

• Circular 1/2014 - Guideline on Fees for Audits done on behalf of the Auditor-General South Africa (AGSA) (113Kb PDF)

• Circular 1/2013 – Guideline on Fees for Audits done on behalf of the Auditor-General South Africa (AGSA) (39Kb PDF)

• Circular 2/2013 – Headline Earnings (304Kb PDF)

• Circular 3/2012 – Headline Earnings (515Kb PDF)

• Circular 2/2012 – Guidelines on Fees for Audits on behalf of the Auditor General (45Kb PDF)

• Circular 1/2012 – Engagement Letter Template for Review Engagements, (Updated and issued November 2012)  (107Kb PDF)

• Circular 4/2011 – Illustrative Reportable Irregularity Letters, for Independent Reviews (53Kb PDF)

• Circular 3/2011 - Impact of the Dividends Tax on deferred tax assets arising from unutilised Secondary Tax on Companies (STC) credits (40Kb PDF)

• Circular 2/2011 - Guideline on Fees for Audits done on behalf of the Auditor General South Africa (AGSA). (40Kb PDF)

• Circular 1/2011 - Statement of Generally Accepted Accounting Practice (GAAP): International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) (229Kb PDF)

• Circular 1/2010 - Guideline on Fees for Audits done on behalf of the Auditor General (46Kb PDF)

• Circular 3/2009 - Headline Earnings (200Kb PDF)

• Circular 2/2009 - Statement of Generally Accepted Accounting Practice (GAAP): International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) (54Kb PDF)

• Circular 1/2009 - Guideline on Fees for Audits done on behalf of the Auditor-General (46Kb PDF)

• Circular 9/2007 - Statement of Generally Accepted Accounting Practice for Small and Medium-sized Entities (SMEs) (210Kb PDF)

September 2007

• Circular 8/2007 - Headline Earnings (211Kb PDF)

July 2007

• Circular 7/2007 - Implications of the Small Business Tax Amnesty on Accounting, Auditing, Legislation and Ethics (149Kb PDF)

May 2007

• Circular 5/2007 - Template letters for Auditors: Compliance with the reporting requirements of section 45 - duty to report on Reportable Irregularitaries. (34Kb PDF)

May 2007

• Circular 4/2007 - Letters for Auditors to send to clients outling the requirements of section 45 of the Auditing profession Act - The duty to report on Reportable Irregularities. (83Kb PDF)

April 2007

• Omsendbrief 4/2007 - Brief wat ouditeure aan kliente stuur waarin die vereistes van artikel 45 van die 'Auditing Profession Act' - Die plig om Rapporteerbare Onreëlmatighede te rapporteer - uiteengesit word. (115Kb PDF)

April 2007

• Circular 3/2007 – Guideline on Fees for Audits done on behalf of the Auditor-General (100Kb PDF)

• Circular 1/2007 – Medical Schemes' Summarised Financial Statements (40Kb PDF)

• Circular 8/2006 - Disclosure of Accounting Policy for Accounting for Black Economic Empowerment (BEE) Transactions (85Kb PDF)

May 2006

• Circular 7/2006 - Auditor's reporting responsibilities in terms of the Regulations to the Banks Act (89Kb PDF)

April 2006 

• Circular 4/2006 - Afrikaans Translation - Illustrative Financial Statements (97Kb PDF)

March 2006

• Omsendbrief 4/2006 - Afrikaanse Vertaling - Illustrerende Voorbeeld van Finansiële State (97Kb PDF)

March 2006

• 1/2006 - Disclosure in Relation to Deferred Tax (46Kb PDF)

February 2006

• 13/2005 - Reports Relating to Certificates Prepared by a Company for Conveyancing Purposes Download Adobe Acrobat file (26KB)

December 2005

• 11/2005 - Reporting in terms of the Immigration Act (As Amended) and the Immigration Regulations Download Adobe Acrobat file (22KB)

September 2005

• Circular 10/2005 – Reporting on Attorneys' Trust Accounts in Terms of the Attorneys Act and the Rules of the Law Societies (250Kb PDF)

• 9/2005 -The Reporting Accountant's Reporting Responsibilities in Terms of Section 13 of the Listings Requirementsof the JSE Limited Download Adobe Acrobat file (47KB)

August 2005

• 8/2005- Status of professional pronouncements Download Adobe Acrobat file (226KB)

August 2005

• 6/2005 - Submission of Annual Returns of Private Companies to CIPRO Download Adobe Acrobat file (80KB)

May 2005

• 5/2005 - Guidance on Access to Internal Audit Working Papers by the Auditor-General Download Adobe Acrobat file (15KB)

May 2005

• 4/2005 - Guidance on the Term 'State-Controlled Entities'in the Context of IAS 24(AC 126) - Related Parties Download Adobe Acrobat file (30KB)

April 2005

• 10/2004 - Institute Advisory Services Download Adobe Acrobat file (11KB)

October 2004

• 7/2004 Status and Effective Dates of Statements of GAAP and Interpretations Download Adobe Acrobat file (51KB)

June 2004

• Circular 6/2004 – Guidance for Chartered Accountants in respect of the Financial Advisory and Intermediary Services Act (110Kb PDF)

• 3/2004 Guidance for the Inclusion of items in the results of operating activities Download Adobe Acrobat file (13KB)

March 2004

• 2/2004 The Auditor's Reporting Responsibilities in terms of Section 8.64 of the JSE Securities Exchange South Africa Listings Download Adobe Acrobat file (20KB)

March 2004

• 5/2003 Alignment of the Text of Statements of Generally Accepted Accounting Practice with that of International Financial Reporting Standards Download Adobe Acrobat file (150KB)

November 2003

• 7/2002 Headline Earnings with Issue 1 - 8 Download Adobe Acrobat file (168KB)

December 2002

• 3/2001 Professional Fees Download Adobe Acrobat file (46KB)

September 2001

• 1/2001 Continuing professional education: Competence self-appraisal Download Adobe Acrobat file (15KB)

January 2001

• 1/00 Monitored compulsory continuing professional education Download Adobe Acrobat file (69KB)

April 2000

• Circular 8/1999 – Compliance with Section 286(3) and Paragraph 5 of Schedule 4 to the Companies Act, 61 of 1973 and Statements of Generally Accepted Accounting Practice (190Kb PDF)

• Circular 5/99 Auditor's report on the annual financial statements of private higher education institutions Download Adobe Acrobat file (584 KB)

June 1999

• Circular 5/1998 – Right of the South African Revenue Service (SARS) to Call for Audit Files (580Kb PDF)

• 11/94 The auditor's liability to a third party Download Adobe Acrobat file (18KB)

November 1994

• 03/94 Recovery of professional fees (reference update March 2007) Download Adobe Acrobat file (41KB)

February 1994

• 06/93 Sequestration of the estate of a member (reference update March 2007) Download Adobe Acrobat file (25KB)

December 1993

• 10/91 Application for exemption from disclosure of information in the annual financial statements in terms of Section 15A(1)(b) of the Companies Act, 1973 Download Adobe Acrobat file (50KB)

July 1991