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;
- IRBA Staff Ethics Practice Alerts.
INFORMATION FOR USERS:With the publication of the IRBA Staff Audit Practice Alert 3: The Audit Implications of International Financial Reporting Standard 15, Revenue from Contracts with Customers, the IRBA has started numbering IRBA Staff Audit Practice Alerts. The IRBA Staff Audit Practice Alert: The Audit Implications of the Expected Credit Loss Model for the Auditors of Banks (issued September 2016) and the IRBA Staff Audit Practice Alert: Determining Other Information as Defined in ISA 720 (Revised) in the South African Context (issued April 2017), may be considered as IRBA Staff Audit Practice Alerts 1 and 2, respectively. |
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| Title | Date issued | Effective date | Download |
|---|---|---|---|
| IRBA Staff Audit Practice Alert 9: Guidance on the IRBA Rule on Enhanced Auditor Reporting for the Audit of Financial Statements of Public Interest Entities | September 2023 | Effective for audits of financial statements of public interest entities for periods ending on or after 15 December 2024. Early adoption is permitted if the EAR Rule is early adopted. | |
| IRBA Staff Audit Practice Alert 8: Frequently Asked Questions on Sustainability Assurance Engagements | October 2022 | Immediate | |
| IRBA Staff Audit Practice Alert 7: Content of a Transparency Report | August 2022 | Immediate | |
|
IRBA Staff Audit Practice Alert 6: Protection and Retention of Client Data |
September 2021 | Immediate | |
|
IRBA Staff Audit Practice Alert 5: The Auditor's Considerations with respect to Transactions that are not at Arm's Length |
June 2020 | Immediate | |
|
IRBA Staff Audit Practice Alert 4: A South African Perspective on the Auditor’s Considerations Relating to Fraud |
May 2022 | Immediate | |
| IRBA Staff Audit Practice Alert 4: A South African Perspective on the Auditor’s Considerations Relating to Fraud | June 2020 | Immediate | |
| IRBA Staff Audit Practice Alert 3: The Audit Implications of International Financial Reporting Standard 15, Revenue from Contracts with Customers | May 2022 | Immediate | |
| IRBA Staff Audit Practice Alert 3: The Audit Implications of International Financial Reporting Standard 15, Revenue from Contracts with Customers | November 2019 | Immediate | |
| IRBA Staff Audit Practice Alert: Determining Other Information as Defined in ISA 720 (Revised) in the South African Context | April 2017 | Withdrawn | |
|
IRBA Staff Audit Practice Alert: The Audit Implications of the Expected Credit Loss Model for the Auditors of Banks |
May 2022 | Immediate | |
| IRBA Staff Audit Practice Alert: The Audit Implications of the Expected Credit Loss Model for the Auditors of Banks (Updated for alignment to the IRBA Code of Professional Conduct (Revised November 2018)) | November 2019 | ||
| IRBA Staff Audit Practice Alert: The Audit Implications of the Expected Credit Loss Model for the Auditors of Banks | Sept 2016 | Immediate | |
Ethics Practice Alerts
| Title | Date issued | Effective date | Download |
|---|---|---|---|
| IRBA Ethics Audit Practice Alert 1: The Auditor’s Considerations with Respect to Long Association of Personnel with an Audit Client (including Partner Rotation) | September 2022 | Immediate | |
Related communiques
- 31 October 2022: IRBA Staff Audit Practice Alert 8: Frequently Asked Questions on Sustainability Assurance Engagements
- 29 September 2022: IRBA Staff Ethics Practice Alert 1: The Auditor's Considerations with Respect to Long Association of Personnel with an Audit Client (including Partner Rotation)
- 28 September 2021: IRBA Staff Audit Practice Alert 6: Protection and Retention of Client Data
- 30 June 2020: IRBA Staff Audit Practice Alert 5: The Auditor's Considerations with respect to Transaction that are not at Arm's Length
- 18 June 2020: IRBA Staff Audit Practice Alert 4: A South African Perspective on the Auditor's Considerations Relating to Fraud
- 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
