Johannesburg, 1 March 2024 - The International Auditing and Assurance Standards Board (IAASB) published a new auditing standard, the International Standard on Auditing for Audits of Financial Statements of Less Complex Entities (the ISA for LCE), on 6 December 2023. This auditing standard may only be applied in territories where it has been adopted for use. The adoption of this auditing standard in South Africa is currently a highly debated topic within the South African auditing profession.

As you embark on this exciting chapter of your life, transitioning from school to tertiary education, SAICA extends heartfelt wishes for an extraordinary, fulfilling year ahead.

Johannesburg, 19 February 2024 – In the 2023 Budget Speech, the Minister of Finance announced tax relief measures to address the load shedding problem the country is facing.