| Title |
Date Issued |
Effective Date |
Download Documents |
SAAPS 2 - Financial Reporting Frameworks and the Auditors Reports
|
| SAAPS 2 (Revised 2018) - Financial Reporting Frameworks and the Auditor’s Report |
May 2022 |
- Audits and reviews of financial statements for periods beginning on or after 15 December 2022; and
- Other assurance and related services engagements beginning on or after 15 December 2022.
|
PDF | Word |
| SAAPS 2 (Revised 2018) - Financial Reporting Frameworks and the Auditor’s Report |
March 2018 |
Periods ending on or after 1 April 2018 |
PDF |
| SAAPS 2 (Revised November 2013) – Financial Reporting Frameworks and the Auditor's Report |
November 2013 |
November 2013 |
PDF |
SAAPS 3 – Illustrative Reports
|
| SAAPS 3 (Revised March 2024) – Illustrative Reports |
March 2024 |
Audits or independent reviews of financial statements for periods ending on or after 15 December 2024, with early adoption permitted. |
PDF | Word |
| Updated SAAPS 3 (Revised May 2019) – Illustrative Reports |
June 2023 |
Audits and reviews of financial statements for periods ending on or after 31 December 2023, with early adoption permitted. |
PDF | Word |
| Updated SAAPS 3 (Revised May 2019) - Illustrative Reports |
May 2022 |
- Audits and reviews of financial statements for periods beginning on or after 15 December 2022; and
- Other assurance and related services engagements beginning on or after 15 December 2022.
|
PDF | Word |
| Updated SAAPS 3 (Revised May 2019) - Illustrative Reports |
November 2020 |
Effective as of 16 November 2020 |
PDF | Word |
| SAAPS 3 (Revised May 2019) - Illustrative Reports |
May 2019 |
Auditor's reports issued on or after 15 June 2019 |
PDF | Word |
| SAAPS 3 (Revised November 2015) – Illustrative Reports |
November 2015 |
Periods ending on or after 15 December 2016 |
PDF | Word |
SAAPS 4 - Letters of Specific Inquiry to the Entity’s External Legal Practitioner Regarding Litigation and Claims Involving the Entity
|
| SAAPS 4 (Revised 2019) - Letters of Specific Inquiry to the Entity’s External Legal Practitioner Regarding Litigation and Claims Involving the Entity |
May 2022 |
- Audits and reviews of financial statements for periods beginning on or after 15 December 2022; and
- Other assurance and related services engagements beginning on or after 15 December 2022.
|
PDF | Word |
| SAAPS 4 (Revised 2019) - Letters of Specific Inquiry to the Entity’s External Legal Practitioner Regarding Litigation and Claims Involving the Entity |
29 August 2019 |
Effective for letters of specific inquiry requested on or after 1 September 2019 |
PDF | Word
|
| SAAPS 4 – Enquiries Regarding Litigation and Claims |
October 2005 |
This SAAPS is effective |
PDF |
SAAPS 5 – Reporting on Donor Funding Engagements
|
| SAAPS 5 – Reporting on Donor Funding Engagements |
March 2007 |
This SAAPS is effective |
PDF | Word |
Warning to Readers
Registered auditors are alerted to the fact that the practice statement has not been updated for amendments to legislation that has been referenced, types and categories of donors and for amendments to:
- ISA 240, The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements, effective for audits of financial statements for periods beginning on or after 15 December 2009;
- ISA 250, Consideration of Laws and Regulations in an Audit of Financial Statements, effective for audits of financial statements for periods beginning on or after 15 December 2009;
- ISRE 2400 (Revised), Engagements to Review Historical Financial Statements, effective for reviews of financial statements for periods ending on or after 31 December 2013;
- ISA 610 (Revised 2013), Using the Work of Internal Auditors; effective for audits of financial statements for periods ending on or after 15 December 2014;
- ISA 700 (Revised), Forming an Opinion and Reporting on Financial Statements, effective for audits of financial statements for periods ending on or after 15 December 2016;
- ISA 800, Special Considerations – Audits of Financial Statements Prepared in Accordance with Special Purpose Frameworks, soon to be revised; and
- ISRS 4400 (Revised), Agreed-Upon Procedures Engagements, effective for agreed-upon procedures engagements for which the terms of engagement are agreed on or after 1 January 2022.
If reports are issued in terms of this guide they should be updated in terms of the Act and Standards.
Additionally, this practice statement has not been updated for the IFRS Foundation® Trade Mark Guidelines.
However, any reference in it to the IFRS Foundation, the IASB, the ISSB and the work of these bodies is intended to be aligned to the IFRS Foundation Trade Mark Guidelines.
Furthermore, registered auditors are encouraged to adhere to the guidance issued by the IAASB when referencing the IFRS Accounting Standards in their reports.
|
| South African Auditing Practice Statement (SAAPS) 6: External Confirmations from Financial Institutions |
May 2022 |
- Audits and reviews of financial statements for periods beginning on or after 15 December 2022; and
- Other assurance and related services engagements beginning on or after 15 December 2022.
|
PDF | Word |
SAAPS 6 - External Confirmations from Financial Institutions
|
| SAAPS 6 – External Confirmations from Financial Institutions |
July 2013 |
This SAAPS is effective for external confirmation requests issued on or after 1 October 2013 |
PDF | Word |
