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.

Johannesburg, 24 May 2021 – The South African Institute of Chartered Accountants’ (SAICA) By-Laws (2020) (Paragraph 17 of Appendix 4) permit the issuing of public statements by the SAICA Chief Executive Officer (CEO) regarding the institution of any complaint or investigation or action against a member once a draft charge sheet or a charge sheet has been issued.