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Audit Compliance

2022 TRUST ACCOUNT AUDIT REPORT TEMPLATE CHANGES
August 23, 2022
The Property Practitioners Regulatory Authority (PPRA) issued a communique dated 25 May 2022 titled “2022 Audit Reports On Trust Accounts”. According to that communique, reference was made to the final Guideline on Audit, Accounting Records And Trust Accounting Requirements for Business Property Practitioners “the...

2022 AUDIT REPORTS ON TRUST ACCOUNTS
June 1, 2022
The new Property Practitioners Act (the PPA) which came into effect on 1 February 2022 requires business property practitioners, who have not been exempted from keeping a trust account, to submit an audit report to the Property Practitioners Regulatory Authority (PPRA). According to the repealed Estate Agency Affairs Act (EAAA), audit reports on...

Draft Guidelines on Audit and Trust Accounts Requirements for Business Property Practitioners.
March 30, 2022
The Property Practitioners Regulatory Authority invites inputs and comments on the attached draft Guidelines on Audit and Trust Accounts Requirements for Business Property Practitioners. .

AUDIT REPORTS 2021 SUBMISSION REMINDER
June 7, 2021
The submission deadline of 30 June 2021 for estate agency firms with a financial year-end of 28 February 2021 is imminent and this notification serves as a reminder to principals of these estate agency firms.



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