Technical resources
New consolidation standard - lessons learned from the first year of application (13 May 2014)
2021
Financial Reporting
Revenue Recognition will never be the same again ( 12 June 2014)
2021
Financial Reporting
IFRS 9 – Financial Instruments - The IASB’s longer-term answer to the lessons learned from the financial crisis (23 June 2014)
2021
Financial Reporting
Bulk-e-mail - SA GAAP to be withdrawn - March 2012
2021
Financial Reporting
The Future of Financial Reporting in South Africa and what Framework to apply - July 2012
2021
Financial Reporting
Micro GAAP - June 2012
2021
Financial Reporting
The future of Statements of Generally Accepted Accounting Practice (GAAP) - June 2011 (58Kb)
2021
Financial Reporting
Circulars
16
Circular 1/2023 – Headline Earnings
2023
Circular
Financial Reporting
Educational Material – Application of IAS 12 – Income Taxes – Substantively Enacted Tax Rates (Also applicable to IFRS for SMEs)
March 2021
Circular
Financial Reporting
Circular 1/2021 – Headline Earnings
March 2021
Circular
Financial Reporting
Circular 2/2020 – Recognition of Lease Income and Expense on a Basis other than the Straight Line Basis under IFRS 16 – Leases
March 2020
Circular
Financial Reporting
Circular 1/2019 – Headline Earnings
2021
Circular
Financial Reporting
Circular 2/2017 – Determining Revenue/Purchases as a result of financing components
June 2017
Circular
Financial Reporting
Circular 2/2013 – Headline Earnings
2021
Circular
Financial Reporting
Circular 3/2012 – Headline Earnings
2021
Circular
Financial Reporting
Circular 1/2011 - Statement of Generally Accepted Accounting Practice (GAAP): International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs)
2021
Circular
Financial Reporting
Circular 3/2009 - Headline Earnings
2021
Circular
Financial Reporting
Circular 8/2007 - Headline Earnings
2021
Circular
Financial Reporting
Circular 9/2007 - Statement of Generally Accepted Accounting Practice for Small and Medium-sized Entities (SMEs
2021
Circular
Financial Reporting
Circular 9/2006 - Cover page
May 2006
Circular
Financial Reporting
Circular 9/2006 - Transactions giving rise to adjustments to revenue/purchases Cover page
May 2006
Circular
Financial Reporting
Circular 1/2006 - Disclosure in Relation to Deferred Tax
2021
Circular
Financial Reporting
Circular 4/2006 - Afrikaans Translation - Illustrative Financial Statements
2021
Circular
Financial Reporting
Guides
2
Revised Guide on Pro Forma Financial Information (Revised and Issued September 2014)
September 2014
Guide
Financial Reporting
Guide on Financial Reporting by Share Block Companies
June 2011
Guide
Financial Reporting
Educational material
15
Educational material - Application of IAS 12 – Income Taxes – Substantively Enacted Tax Rates (Also applicable to IFRS for SMEs) updated April 2022
2022
Educational material
Financial Reporting
Educational Material 14 - Presentation of Inventory write-offs and costs as a result of the civil unrest in South Africa
November 2021
Educational material
Financial Reporting
Educational material 9 - Application of IFRS standards in light of the coronavirus disease (COVID-19) uncertainty – Issued financial guarantee contracts within the scope of IFRS 9 Financial Instrument
May 2020
Educational material
Financial Reporting
Educational material 10 - Application of IFRS standards in light of the coronavirus disease (COVID-19) Uncertainty -IFRS 9 Financial Instruments – Change in held-to-collect business models
May 2020
Educational material
Financial Reporting
Educational material 11 - Application of IFRS standards in light of the coronavirus disease (COVID-19) Uncertainty -IFRS 9 Financial Instruments – measurement of expected credit losses on trade receiv
May 2020
Educational material
Financial Reporting
Educational material 12 - Application of IFRS standards in light of the coronavirus disease (COVID-19) Uncertainty -IFRS 9 Financial Instruments – modifications of financial liabilities
May 2020
Educational material
Financial Reporting
Educational Material 13 – Application of IFRS Standards in light of the Coronavirus Disease (COVID-19) uncertainty – Government Grants – IAS 20
May 2020
Educational material
Financial Reporting
Educational material 6 - Application of IFRS Standards in light of the Coronavirus Disease (COVID-19) Uncertainty -Onerous contracts IAS 37
April 2020
Educational material
Financial Reporting
Educational material 7 - Application of IFRS standards in light of the Coronavirus Disease (COVID-19) Uncertainty – Potential implications on contingent consideration in a business combination where a
April 2020
Educational material
Financial Reporting
Educational material 8 - Application of IFRS Standards in light of the Coronavirus Disease (COVID-19) Uncertainty –IAS 2 Inventories
April 2020
Educational material
Financial Reporting
Educational Material 2 - Application of IFRS Standards in light of the Corona Virus Disease (COVID-19) Uncertainty – Going Concern
April 2020
Educational material
Financial Reporting
Educational Material 3 - Application of IFRS Standards in light of the Corona Virus Disease (COVID-19) Uncertainty - Disclosure of judgements and sources of estimation uncertainty
April 2020
Educational material
Financial Reporting
Educational Material 4 – Application of IFRS Standards in light of the Corona Virus Disease (COVID-19) Uncertainty – Borrowing costs IAS 23
April 2020
Educational material
Financial Reporting
Educational Material 1 - Application of IFRS Standards in light of the Corona Virus Disease (COVID-19) Uncertainty – Events After the Reporting Period
April 2020
Educational material
Financial Reporting
Educational material 5 - Application of IFRS Standards in light of the Coronavirus Disease (COVID-19) Uncertainty - IFRS 15 Revenue from Contracts with Customers
April 2020
Educational material
Financial Reporting
FAQ
6
Frequently Asked Question (FAQ) Applicability of IFRS 9 – Financial Instruments, IFRS 15 – Revenue from Contracts with Customers and IFRS 16 – Leases to entities applying the IFRS for SMEs Standard
September 2021
FAQ
Financial Reporting
Frequently Asked Question (FAQ) Accounting for Subsequent Expenditure on Biological Assets in terms of IFRS for SMEs
March 2021
FAQ
Financial Reporting
Frequently Asked Question (FAQ) Accounting for Subsequent Expenditure on Biological Assets
December 2020
FAQ
Financial Reporting
Frequently Asked Question on Attorney’s Trust Accounts
January 2018
FAQ
Financial Reporting
Illustrative Financial Statements
3
SAICA Body Corporate Template – Illustrative Financial Statements – Explanatory Commentary
2023
Illustrative Financial Statements
Financial Reporting
SAICA Body Corporate Template – Illustrative Financial Statements
2023
Financial Statements
Financial Reporting
IFRS for SMEs Illustrative Financial Statements for Close Corporations (included from page 84 to138 of the SAICA Close Corporations Guide)
May 2015
Illustrative Financial Statements
Financial Reporting
Pronouncement
5
Pronouncement 5: Summary Financial Statement
2021
Pronouncement
Financial Reporting
Pronouncement 4: The Limit On A Defined Benefit Asset, Minimum Funding Requirements and Their Interaction Under International Financial Reporting Standards (IFRS) in The South African Pension Fund Env
2021
Pronouncement
Financial Reporting
Pronouncement 3: Accounting for Black Economic Empowerment transactions under International Financial Reporting Standards for small and medium enterprises
2021
Pronouncement
Financial Reporting
Pronouncement 2: Accounting for Black Economic Empowerment (BEE) Transactions under International Financial Reporting Standards (IFRS)
2021
Pronouncement
Financial Reporting