From the Practice.

The Independent Regulatory Board for Auditors has finalised its implementation guidance for ISQM 1 and ISQM 2. Here is what registered auditors in South Africa need to know about the practical requirements, the compliance timeline, and the documentation obligations on every registered firm.

Many JSE AltX-listed companies face new ESG disclosure expectations under IFRS S1 and S2 without a clear roadmap. This guide outlines a proportionate approach, helping smaller listed entities begin their sustainability reporting journey without over-engineering the process.

Asset management remains one of the most frequently qualified areas in South African public sector audit reports. We examine the most common findings, their root causes, and the practical remediation strategies entities can implement before the next audit cycle.

Pension fund tax exemptions under Section 10(1)(d) of the Income Tax Act are frequently misapplied, creating unnecessary exposure for administrators and their clients. This article clarifies the scope of the exemption and the most common compliance errors observed in practice.

The Auditor General’s 2024 consolidated outcomes reveal persistent patterns in SOE procurement non-compliance. We unpack the key findings and what they mean for management, audit committees and internal audit functions heading into the 2025 audit cycle.

The JSE has outlined its phased adoption timeline for IFRS S1 and S2. This article breaks down what is required, when, and for which categories of listed issuers — with practical guidance for companies beginning their preparation now.