SAICA’s CEO, Mr Freeman Nomvalo, has been appointed to serve on the task team that will be advising the Minister on matters pertaining to the professionalisation of the public service. Mr Nomvalo will serve on the public finance and audit stream of the task team.

Johannesburg, 31 May 2021 – The appendix to IFRS 10 defines consolidated financial statements as the financial statements of a group in which the assets, liabilities, equity, income, expenses and cash flows of the parent and its subsidiaries are presented as those of a single economic entity.

Johannesburg, 26 May 2021 – The South African Revenue Services (SARS) has issued a draft amended list of qualifying expenditure for physical impairment or disability.