Staff Practice Alerts

Where necessary, IRBA Staff Practice Alerts are developed to meet local requirements.

IRBA Staff Practice Alerts do not constitute authoritative pronouncements from the IRBA, nor do they amend International Standards, South African Standards, South African Practice Statements or South African Guides.

IRBA Staff Practice Alerts may comprise:

  • IRBA Staff Review Engagements Practice Alerts – currently none;
  • IRBA Staff Assurance Engagements Practice Alerts – currently none;
  • IRBA Staff Related Services Practice Alerts – currently none;
  • IRBA Staff Audit Practice Alerts:
Title Date issued Effective date Download
IRBA Staff Audit Practice Alert: Determining Other Information as Defined in ISA 720 (Revised) in the South African Context April 2017 Immediate PDF
IRBA Staff Audit Practice Alert: The Audit Implications of the Expected Credit Loss Model for the Auditors of Banks Sept 2016 Immediate PDF

Link to relevant guidance on IFRS 9 and the ECL model

Related communiques

11 April 2017: IRBA Staff Audit Practice Alert: Determining Other Information as Defined in ISA 720 (Revised) in the South African Context

26 September 2016: IRBA Staff Audit Practice Alert: The Audit Implications of the Expected Credit Loss Model for the Auditors of Banks