Modified Cash Standard (MCS) - Webcast
Who Should Attend

All members, associates and non-members involved in public finance management and financial reporting directly or indirectly, including but not limited to lecturers, accountants, finance managers, chief finance officers, internal auditors, external auditors, audit committee members, consultants and analysts.


This seminar will provide members and associates with an understanding of the key requirements relating to the Modified Cash Standard which is applicable to national and provincial departments.


The Public Finance Management Act (PFMA), No 1 of 1999, requires departments to “prepare financial statements for each financial year in accordance with generally recognised accounting practice”. The Office of the Accountant General (OAG) in the National Treasury has developed and issued the Modified Cash Standard which is generally recognised accounting practice for departments and sets out the principles for the recognition, recording, measurement, presentation and disclosure of information required in terms of the prescribed formats.

The Standard has been developed for application by national departments listed in Schedule 1 to the Public Service Act, 1994; provincial departments listed in Schedule 2 to the Public Service Act, 1994 and the Office of a Premier listed in Schedule 1 to the Public Service Act, 1994. Departments that claim compliance with the modified cash basis of accounting must adhere fully with the principles, presentation and disclosure requirements contained in this Standard in order to achieve fair presentation, and compliance with the PFMA and its regulations This seminar aims to be a refresher of the key requirements of the Modified Cash Standards and will also focus on practical application challenges pertaining to certain framework requirements.


08:00 - Session 1 – MCS refresher
10:45 - Comfort break
11:00 - Session 2 – Practical discussion and examples on the MCS
13:00 - Session Ends


The session will cover the following:

  • Refresher on the Modified Cash Standards
  • Practical application challenges pertaining to certain requirements of MCS

Facilitator: Natashia Soopal CA(SA) Senior Executive – Public Sector and Enabling Competencies at SAICA.

Presenter: Garth Pretorius CA(SA), RA
Garth is the founder and principal owner of GPA Consulting and Training with over 15 years of experience within the public sector across various disciplines. Garth possesses a multitude of skills ranging from auditing to consulting, complementing his bespoke skill set. His most recent role prior to starting GPA Consulting and Training, was serving as a partner for a big four firm where he led the Government and Infrastructure Sector for the Cape Region (Western and Eastern Cape). This portfolio had a regional focus across various disciplines, and he was the Subject Matter Expert (SME) for Financial Accounting and Advisory Services.

A fundamental component of the roles Garth has facilitated is that of training where he has been responsible for development and transfer of skills. Garth has notably worked in the AGSA's audit research and development unit and also led finance transformation projects at provincial departments that gave him immense practical experience with the application of the Modified Cash Standards (MCS) requirements.

Dates And Venues
Thurs, 22 AprWebcastOnline Reserve a place
There is no cost for members but booking is essential.
SAICA's CPD policy has changed effective 1 January 2020 from an input measurement basis to an output measurement basis. Learning and the development of professional competence is unique to each member and should be aligned to your personal needs identified in your reflective learning plans. For further information and guidance on SAICA's CPD website. The competencies being addressed in this seminar are listed in the brochure.

As a result of the above, you will no longer be required to swipe your CPD card at events or to log hours with SAICA.

If you are required to log CPD hours (for instance if you are a SAICA Tax Practitioner or registered with other professional bodies or organisations such as the IOD, SAIPA, SAIT etc.), please note that this seminar affords you 5 CPD hour.
How To Enrol

Book Online: Please note that the 'Book Online' button is disabled as you will need to be logged in to register for the event.
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Register as a website user: If you are not a SAICA member or have never attended a SAICA event, you will need to register as a new user on the website. Your login details will be emailed to you and after you have updated your details you will be able to register for the event.
Add multiple attendees: If you would like to add multiple attendees, you will be required to log in and have the ID numbers or SAICA membership numbers of the attendees you wish to register. If you enter an ID number that does not exist on the database, it is a quick process to register the delegate as a user first and then add them as an attendee.
Bill to company: If you would like your company to be billed for the event, please ensure that the 'Work Company' details under your profile are correct.

Investment / Fee
Member R 0,00
Non-member R 0,00
Terms And Conditions

Standard Terms and Conditions of Business

These terms and conditions will apply to all bookings for a seminar or conference or workshop or webcast or similar event organised or to be organised by SAICA or any of its Representatives and marketed as such ('Event'). All bookings will be subject to a confirmation by SAICA and once confirmation of a booking has been sent the booking will be confirmed.
  1. Bookings and Confirmations
    1. Bookings can only be done online. Once submitted such booking shall be deemed to be confirmed and as such, SAICA's payment and cancelation terms as set in clauses 3 and 5 below shall apply.
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  2. Payment and Refunds
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    2. The price of the Event will be the price displayed under the Fees section of the brochure. The price shall include Value Added Tax.
    3. After payment is made, individuals must submit their proof of payment, clearly stating the invoice number that appears on the invoice. Proof of payment should be emailed or faxed to the person whose name and contact details appear under the Contact Details section of the brochure or alternatively emailed to
    4. Proof of payment must be submitted no later than 2 (two) working days prior to the date of an Event. Individuals who have booked within 7 (seven) or less working days prior to the date of an Event must produce proof of payment on the day of the Event unless proof of payment was submitted to, and receipt thereof was confirmed by, SAICA.
    5. Payment shall be made by electronic funds transfer, or direct deposit to a bank account to be designated on the invoice, or by credit card payment using the payment facility on the SAICA website.
    6. Individuals shall not be entitled to receive a refund of the Event fee except in circumstances where -
      1. there was an overbooking by SAICA;
      2. or the Event was cancelled.
  3. Cooling-off Period
  4. All payments by means of an electronic transaction shall be subject to section 44 (Cooling-Off Period) of the Electronic Communications and Transactions Act No 25 of 2002, as amended. As such, individuals shall be entitled to cancel this agreement without reason or penalty within 7 (seven) days after the date of the booking.
    1. If the cooling-off period under clause 7.1 does not apply, and a person is a consumer protected by the Consumer Protection Act No 68 of 2008 and the person makes a booking as a result of direct marketing, then that person shall be entitled (under section 16 (Consumer's right to cooling-off period after direct marketing) of the Consumer Protection Act) to cancel this agreement within five (5) business days after the date of the booking by completing and sending to SAICA the notice attached hereto as Annexure A.
  5. Cancellations
  6. Individuals wishing to cancel a booking must send a written cancellation notice to the person whose name and contact details appear under the Contact Details section of the brochure. Telephonic cancellations will not be accepted.
    1. All cancellations received less than 8 (eight) calendar days prior to the date of the Event shall incur a cancellation fee of 50% (fifty) percent of the Event fee.
    2. Individuals who have booked for an Event but fail to cancel, or transfer (in accordance with 7 below) or substitute (in accordance with 6 below) a booking shall remain liable for the booking and as a result thereof forfeit the Event fee.
    3. No cancellation fee shall be levied by SAICA on cancellation of a booking for reasons of death or hospitalisation.
    4. Failure to a) cancel within 4 working days of the event and/or; b) not show up at a free event; shall attract an administration fee of R350 free events.
  7. Substitutions
    1. Individuals are entitled to substitute bookings that have been confirmed. Only written substitution requests will be considered. Telephonic requests for substitution will not be accepted.
    2. A request for substituting an individual for another must be submitted to SAICA in writing 24 (twenty four) hours before the date of the Event. No late substitution requests will be considered. Requests for substitution must be sent to the person whose name and contact details appear in the Contact Details section below.
    3. Non-members who substitute a member will be liable for the difference between the member Event fee and non-member Event fee.
  8. Transfers
    1. Requests for the transfer of a booking to a different Event venue or Event date or different Event ('Transfer') shall be made in writing to SAICA. Requests for Transfers must be made to the person whose name and contact details appear in the Contact Details section below. Telephonic transfers will not be accepted.
    2. No charges will be levied for a Transfer unless a request for a Transfer is received 15 (fifteen) working days after the first booking, in which case an administration fee of R300 (three hundred rand) shall be charged..
    3. Transfer requests received within 3 (three) working days prior to the Event date shall be subject to a charge amounting to 50% (fifty percent) of the Event fee.

  9. Webcast disclaimer
  10. Whilst SAICA takes all reasonable steps to ensure that the access to the webcast is reliable and the webcast is of the highest quality and standard, SAICA will not be held liable for any mistakes, omissions, loss, or damage due to the use of the platform. We cannot provide any warranty or guarantee of any nature, express or implied in respect of the information within the webcast, the opinions of the presenters or perceived quality of the experiences or services rendered. Furthermore SAICA will not be held liable for the conduct of the host instructor or institution or any potential benefits not provided against information contained therein

  11. Protection of Personal Information (POPIA)

  12. Collection and Lawful Processing of Personal Information: SAICA respects your privacy and recognise the importance of protecting your privacy in respect of your personal information. By registering for this webinar we will collect or verify, and process your personal information mainly for the purpose of understanding your requirements and delivering our services accordingly. What Personal Information we collect and process: Upon your registration for this webinar we will collect or verify your personal information, including but not limited to your full name, membership number and contact details. Processing of Personal Information: The personal information we collect or verify will only be processed for the purpose it is collected for. Please follow this link for our complete Data Protection Notice. For our General Data Protection & Retention Policy and Privacy Policy please follow this link.

  13. Limitation of Liability
    To the extent allowed by law, SAICA shall not be liable to any person whatsoever in respect of any loss or damage caused by or arising from any fact or circumstance beyond the reasonable control of SAICA, or which is consequential or incidental or damage of whatever nature and howsoever arising from or in connection with any booking. To the extent allowed by law, SAICA's liability shall in any event and under all circumstances be limited to the refund of the Event fee.
Contact Details
Event Administrator
Telephone: 08610 SAICA or 08610 724 22
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