Technical Updates

Accounting. Assurance. Law. Ethics. Taxation. Technology

The International Sustainability Standards Board’s (ISSB) First two exposure drafts of Sustainability and related Financial and Climate disclosure requirements are available for public consultation and comments until 29 July 2022.

IFAC Release: New Implementation Tool for auditing accounting estimates.

IFAC issued 8th instalment in the “Anti-Money Laundering, The Basics”- series

Read more regarding recent CIPC Notices published and compliance due

International Ethics Standards Board for Accountants (IESBA): Exposure draft published for comment until 20 Jun 2022 with proposed Technology-related enhancements to Global Ethics

Reminder of Employer Reconciliation Declarations due 31 May 2021

SARS issued anti-fraud leaflet to raise awareness on how to protect taxpayers eFiling profiles

Customs Registration Licensing Document was updated on 19 April 2022

SARS published the new Preferential Procurement Policy on 23 March 2022

New Basic Conditions of Employment Act (BCEA) earnings threshold to R 224,080.48 per annum with effect from 1 March 2022

Department of Labour Update on Covid-19-TERS and UIF provides important principles

Reminder: Commencement of the Property Practitioners Act 22 of 2019

New Excel Text and Array functions improvement on Text to Column function

Financial Modellers and Data Analysers should take note of Microsoft Excel’s new Dynamic Array functions