Accounting

Pan African Federation of Accountants Call to Action 21 December 2022 Pan African Federation of Accountants (PAFA) issued a call for action for African professional accountancy organisations to adopt strategies that support professional accountants for people, planet, and prosperity. Professional accountants have both a public interest responsibility and a transformative opportunity to lead change. PAFA’s …

Pan African Federation of Accountants Call to Action Read More »

To address queries relating to filing Annual Returns (AR) general response is provided on the following topics in the Quick Reference Guide: How to file and general questions on AR Validation Errors AR not moving to cart or slow response on payment module Known challenges on annual returns which is pending correction in the next …

E-SERVICES AND BIZPORTAL: QUICK REFERENCE GUIDE – ANNUAL RETURNS Read More »

13 January 2023 Since the migration of the transacting platforms on Monday, 9 January 2023 the CIPC has worked on challenges with the implementation of the system. The following issues have been resolved: User Login Error Login Validation Errors System Performance Improvement Disclosure Documents not sent to Customers/Incorrect document Duplicate name reservations Dispatch of certificates …

CIPC Notices: System challenges with eservices and BizPortal platforms Read More »

In working towards a truly global common language of sustainability-related financial disclosures, the International Sustainability Standards Board (ISSB) agreed that it would be beneficial to ground its standard-setting work by clearly articulating the relationship between sustainability matters and financial value creation. In its session on 13 December 2022, the ISSB agreed on how to describe …

ISSB describes the concept of sustainability and its articulation with financial value creation Read More »

12 December 2022 IFAC’s Professional Accountants in Business (PAIB) Advisory Group has compiled insights on how professional accountants are navigating uncertain global conditions and expanding their roles in both the private and public sectors in a new report. The report, Professional Accountants as Finance and Business Leaders, summarizes the key insights and learnings from the discussions amongst this global group …

Expanding Roles of Accountants in Sustainability and Digital Transformation Read More »

9 December 2022 The Patents Division will introduce new efiling functionality on IPonline (http://iponline.cipc.co.za/) to enable the electronic submission of outstanding documentation for patent applications. A list of documents that can be electronically uploaded is included in Annexure A of Practice Note 5. From 12 December the Patent Office will issue Notices of Acceptance and …

CIPC Practice note 5: changes to patent applications Read More »

The IFR4NPO Project has reached a major milestone in developing International Non-Profit Accounting Guidance (INPAG). Led by Humentum, a non-profit membership association, and CIPFA, the Chartered Institute of Public Finance and Accountancy in the UK, the highly collaborative project design includes engagement and consultation with all types of stakeholders all over the world. INPAG is intended to be …

New Exposure Draft: International Non-Profit Accounting Guidance (INPAG) Read More »

20 November 2022 From the 5th December 2022, the CIPC will only accept debit/credit card payment method for transactions on the CIPC electronic platforms; however, EFTs and declining balances will be permitted for manual transactions. Application for refunds for unused balances should be made by using the functionality on the new, enhanced e-services platform which …

Important changes to CIPC e-services platform and implementation of card payments Read More »

9 November 2022 CIPC offices in Pretoria, Johannesburg, Cape Town and Durban will be closed to the public on 18 November 2022. Various offices will be re-opened on Monday, 21 November 2022. The lodgment of documents will be accepted until 15:30 on Thursday, 17 November. Automated services that do not require back-office intervention will carry …

CIPC Notice – offices will be closed on Friday, 18 November Read More »

1 November 2022 At the supplementary board meeting the ISSB voted to confirm that companies will be required to use climate-related scenario analysis to report on climate resilience and to identify climate-related risks and opportunities to support their disclosures.  The ISSB also agreed to provide application support to preparers including making use of materials developed by the …

ISSB confirms requirement to use climate-related scenario analysis Read More »