Regulated Industry Reports
Home Audit and Ethics Pronouncements Standards and Pronouncements Regulated Industry Reports
Various regulators prescribe Regulatory Reports for auditors of specific industries. The IRBA prescribes Guides for regulated industries, which may include such reports. Guides are available here.
Automotive Production Reports
Warning to Readers
Registered auditors are alerted to the fact that the illustrative reports have not been updated for amendments to:
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| Title | File Size | Download |
| Company Specific Percentage (CSP) Report | Word 50 KB | Download |
| Imported Component Values (Form C1) Report | Word 47KB | Download |
| Production Rebate Credit Certificate (PRCC) Report | Word 47KB | Download |
| Standard Materials Declaration (SMD) Report | Word 47KB | Download |
Banks & Mutual Banks Act Reports
SARB Banks Act Regulatory Reports
In terms of Regulations 39, 40 and 46 of the Regulations relating to Banks issued in terms of the Banks Act (No. 94 of 1990), the external auditor of a bank is required to report to the SARB on various regulatory matters.
In terms of Regulation 46(6) of the aforementioned regulations, the illustrative reports have been rendered in accordance with the wording and practices agreed from time to time between the Prudential Authority, the South African Institute of Chartered Accountants (SAICA) and the IRBA.
| Title | Date Issued | Effective Date | Documents |
| Revised Illustrative Reg 46 – SA Reports | 28 November 2025 | Financial years beginning on or after 15 December 2024 | PDF | Word |
| Revised Illustrative Reg 46 – Foreign Reports | 28 November 2025 | Financial years beginning on or after 15 December 2024 | PDF | Word |
| Revised Illustrative Reg 46 – SA Reports | 5 September 2025 | Periods ending on or after 15 June 2025 | PDF | Word |
| Revised Illustrative Reg 46 – Foreign Reports | 5 September 2025 | Periods ending on or after 15 June 2025 | PDF | Word |
| Revised Illustrative Reg 46 – SA Reports | 18 March 2022 | Engagements where the terms of engagement have been agreed on or after 1 January 2022 | PDF | Word |
| Revised Illustrative Reg 46 – Foreign Reports | 18 March 2022 | Engagements where the terms of engagement have been agreed on or after 1 January 2022 | PDF | Word |
| Revised Illustrative BA 501 Reports | 18 March 2022 | Engagements where the terms of engagement have been agreed on or after 1 January 2022 | PDF | Word |
| South African and Consolidated Operations – Revised Illustrative Regulatory Reports A-I | 17 March 2021 | Engagements with periods ending on or after 1 January 2021 | PDF | Word |
| Foreign Operations (BA 610 returns) – Revised Illustrative Regulatory Reports A-H | 17 March 2021 | Engagements with periods ending on or after 1 January 2021 | PDF | Word |
| Updated South African and Consolidated Operations – Revised Illustrative Regulatory Reports A-I | 5 November 2020 | Effective as of 16 November 2020 | PDF | Word |
| Updated Foreign Operations (BA 610 returns) – Revised Illustrative Regulatory Reports A-H. | 5 November 2020 | Effective as of 16 November 2020 | PDF | Word |
| Illustrative BA 501 Reports | 18 June 2019 | Effective for banks and affected entities with year ends on or after 28 February 2019 | PDF | Word |
| Illustrative Mutual Banks Act Reports (Parts A-F) | 28 November 2019 | Effective for banks with year ends on or after 31 December 2019 | PDF | Word |
| South African and Consolidated Operations – Revised Illustrative Regulatory Reports A-I | 28 November 2019 | Effective for banks with year ends on or after 31 December 2019 | PDF | Word |
| Foreign Operations (BA 610 returns) – Revised Illustrative Regulatory Reports A-H. | 28 November 2019 | Effective for banks with year ends on or after 31 December 2019 | PDF | Word |
| Revised illustrative regulatory reports A-H | 28 November 2016 | Effective for banks with year ends on or after 15 December 2016 | PDF | Word |
| Illustrative regulatory reports A-H | 1 July 2016 | Effective for banks with year ends on or after 31 December 2015 | PDF | Word |
| Illustrative regulatory reports I-J | 1 July 2016 | Effective for banks with year ends on or after 31 December 2015 | PDF | Word |
South African Reserve Bank Prudential Authority
- Directives issued by the Prudential Authority
- Documents issued for consultation by the Prudential Authority
SARB Mutual Banks Act Regulatory Reports
In terms of Regulation 6 of the Regulations relating to Mutual Banks issued in terms of the Mutual Banks Act (No. 124 of 1993), the external auditor of a mutual bank is required to report to the SARB on various regulatory matters.
In terms of Regulation 6(5) of the aforementioned Regulations, the illustrative reports have been rendered in accordance with the wording and practices recommended from time to time by the South African Institute of Chartered Accountants (SAICA) in consultation with the Prudential Authority and the IRBA.
| Title | Date issued | Effective date | Documents |
| Revised Illustrative Mutual Banks Act Reports | 28 November 2025 | Financial years beginning on or after 15 December 2024 | PDF | Word |
| Revised Illustrative Mutual Banks Act Reports | 11 December 2023 | Financial years ending on or after 30 June 2023 | PDF | Word |
| Revised Illustrative Mutual Banks Act Reports | 18 March 2022 | Engagements where the terms of engagement have been agreed on or after 1 January 2022 | PDF | Word |
| Updated Illustrative Mutual Banks Act Reports (Parts A-F) | 5 November 2020 | Effective as of 16 November 2020 | PDF | Word |
| Illustrative Mutual Banks Act Reports (Parts A-F) | 28 November 2019 | Effective for banks with year ends on or after 31 December 2019 | PDF | Word |
| Illustrative Mutual Banks Act Reports (Parts A-F) | 28 November 2019 | Effective for banks with year ends on or after 31 December 2019 | PDF | Word |
The Chief Representative Officer Report
The illustrative agreed-upon procedures report was developed by the SAICA Basel Task Group and was approved by SAICA’s Assurance Guidance Committee on 10 August 2022.
| Title | Date issued | Effective date | Documents |
|---|---|---|---|
| Illustrative Representative Office Agreed-upon procedures report | 10 August 2022 | PDF | Word |
Useful links
- South African Reserve Bank
- IRBA Staff Audit Practice Alert: AUDIT IMPLICATIONS OF THE EXPECTED CREDIT LOSS MODEL FOR THE AUDITORS OF BANKS
Related communiques
- 05 September 2025: Revised Illustrative Banks Act Regulatory Auditor’s Reports
- 11 December 2023 – Revised Illustrative Mutual Banks Act Regulatory Auditor’s Reports
- 18 March 2022 – Revised Illustrative Banks Act Regulatory Auditor’s Reports
- 17 March 2021 – Revised Illustrative Banks Act Regulatory Auditor’s Reports
- 28 November 2019 – Revised Illustrative Banks Act Regulatory Auditor’s Reports
- 19 June 2019 – Illustrative Banks Act Regulatory Auditor’s Reports
- 04 December 2018 – Revised Illustrative Banks Act Regulatory Auditor’s Reports
- 01 December 2016 – Revised Illustrative South African Reserve Bank (SARB) Banks Act Regulatory Auditor’s Reports A-H
- 07 July 2016 – Illustrative South African Reserve Bank (SARB) Banks Act Regulatory Auditor’s Reports
Exchange Control Department Reports
Exchange Control Department Reports
The auditor’s limited assurance report regarding the company’s compliance with the Imports and Exports Undertakings is incorporated in the Exchange Control Rulings of the Exchange Control Department of the South African Reserve Bank.
| Title | Date Issued | Effective Date | Download Documents |
|---|---|---|---|
| Illustrative Report: SARB Macro Prudential Foreign Exposure Limit Return Report | May 2022 |
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PDFPDFPDF |
| Illustrative Revised Macro-Prudential Foreign Exposure Return Reports | 18 June 2019 | Year ends on or after 28 February 2019 | PDF | Word PDFPDFPDF |
Section B.2(I)(xiii) of the Currency and Exchanges Manual for Authorised Dealers: Auditor’s limited assurance report on the Macro-Prudential Foreign Exposure Limit Return | 12 September 2016 | Year ends on or after 31 December 2016 | |
| Exchange Control Circular No. 11/2006: Foreign portfolio investments by South African Institutional Investors – audit requirements | 28 March 2006 |
Useful links
- South African Reserve Bank
- Exchange Control Documents (including non-resident definition)
Insurance Reports
The Committee for Auditing Standards (CFAS) have issued the following reports for use by auditors of Insurers:
Illustrative Regulatory Reports in terms of the Insurance Act
| Title | Date Issued | Effective Date | Download Documents |
|---|---|---|---|
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28 November 2025 | Financial years beginning on or after 15 December 2024 | PDF |Word PDF |Word PDF |Word |
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28 November 2025 | Immediate | PDF |Word |
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08 April 2022 | Effective for financial years ending on or after 1 January 2022 | PDF |Word PDF |Word PDF |Word PDF |Word |
| Report to SASRIA | |||
| Report of the Independent Auditors to SASRIA Limited | |||
WarningRegistered auditors are alerted to the fact that the illustrative report has not been updated for amendments to the International Standards on Auditing (ISA) 800 (Revised), Special Considerations – Audits of Financial Statements Prepared in Accordance with Special Purpose Frameworks, which is effective for audits of financial statements for periods ending on or after 15 December 2016.Auditors should ensure that any report issued is in full compliance with the Standards. |
Useful Links
Related Communiqués
JSE Reports
Reporting on the Compilation of Pro Forma Financial Information Included in a Prospectus/Pre-Listing Statement/Circular
| Title | Issues by | Date issued | Effective date | Download Documents |
|---|---|---|---|---|
| Communiqué 6 September 2012 – ISAE 3420 and Illustrative Reporting Accountant’s Report for JSE Listings Requirements | IRBA | 6 September 2012 | Word | |
| JSE Limited Bulletin 8 of 2012: ISAE 3420 reports | JSE Limited | 3 September 2012 | View | |
| Illustrative assurance report prepared to meet the JSE Listing Requirements: Independent reporting accountant’s assurance report on the compilation of pro forma financial information included in a prospectus/pre-listing statement/circular | IRBA | 6 September 2012 | ISAE 3420 Illustrative Report is effective for assurance reports on pro forma financial information issued on or before 29 March 2018 | PDF_|_Word |
| Revised ISAE 3420 Assurance Engagements to Report on the Compilation of Pro Forma Financial Information Included in a Prospectus | IRBA | May 2022 |
| PDF | Word |
| Revised ISAE 3420 Assurance Engagements to Report on the Compilation of Pro Forma Financial Information included in a prospectus/pre-listing statement/circular (Updated for alignment to the IRBA Code of Professional Conduct (Revised November 2018)) | IRBA | 27 November 2019 | PDF | Word | |
| Revised ISAE 3420 Assurance Engagements to Report on the Compilation of Pro Forma Financial Information included in a prospectus/ pre-listing statement/circular | IRBA | 9 March 2018 | ISAE 3420 is effective for assurance reports on pro forma financial information issued on or after 30 March 2018 | PDF | Word |
| Communiqué 9 March 2018 Revised Illustrative Assurance Report prepared to meet the Johannesburg Stock Exchange Limited (JSE) Listing Requirements | IRBA | 9 March 2018 | ISAE 3420 is effective for assurance reports on pro forma financial information issued on or after 30 March 2018 | Word |
| SAICA Revised Guide on Pro Forma Financial Information (September 2014) | SAICA | September 2014 | The guide was revised and reissued in September 2014… | Download |
Annual Stockbroker’s Audit Reports
| Title | Issued by | Date issued | Effective date | Download Documents |
|---|---|---|---|---|
| Annual Stockbroker’s Audit Reports Submitted to the JSE Limited in terms of the Financial Markets Act and JSE Directive DG 1.7 | ||||
| IRBA | November 2021 | Effective for engagements for which the terms of engagement are agreed on or after 1 January 2022 | PDF_|_Word |
| IRBA | September 2016 | Reports issued in respect of financial years ending on or after 31 December 2016 |
Useful links
Property Practitioner Trust Accounts
Reports
| Title | Date issued | Effective date | Download documents |
|---|---|---|---|
| Illustrative regulatory reports on the property practitioners trust accounts, Parts A and B | March 2023 | Effective for year-ends of property practitioners on or after 28 February 2023 | PDF | Word |
| Illustrative limited assurance report on the payment processing agent’s trust accounting environment | March 2023 | Effective for year-ends of property practitioners on or after 28 February 2023 | PDF | Word |
| Illustrative regulatory reports on the agreed-upon procedures engagement in respect of the payment processing agent’s list of mandating client business property practitioners | March 2023 | Effective for year-ends of property practitioners on or after 28 February 2023 | PDF | Word |
Reports
Useful linksRelated communiqués
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Retirement Fund Reports
Reports
The following auditor reports are included in the Prescribed Financial Statements Applicable to the Different Categories of Funds (see below):
| The Financial Services Board (FSB) gazetted the new Prescribed Financial Statements Applicable to the Different Categories of Funds, including all the auditor reports for the different types of funds, on 18 July 2014, in Board Notice 77 of 2014, Government Gazette 37844. The FSB was succeeded by the Financial Sector Conduct Authority (FSCA), effective 1 April 2018. |
| Title | Date issued | Effective date | Download documents |
|---|---|---|---|
| Updated Schedule D auditor report (Updated for narrow-scope amendments made to IAS 1) | June 2023 | Audits and reviews of financial statements for periods ending on or after 31 December 2023, with early adoption permitted | PDF | Word |
Warning to readersThis illustrative auditor’s report has not been updated to reflect the Registered auditors are encouraged to refer to SAAPS 3 (Revised March 2024) and Staff Audit Practice Alert 9 for guidance. | |||
| Schedule D auditor report | March 2020 | Refer to the FSCA RF Notice 5 of 2020 and FSCA Communication 6 of 2020 | PDF | Word |
| Regulation 28 auditor report | May 2022 |
| PDF | Word |
| Regulation 28 auditor report | March 2020 | Refer to FSCA RF Notice 5 of 2020 | PDF | Word |
| FSCA RF Notice 5 of 2020 | March 2020 | ||
| FSCA Communication 6 of 2020 | March 2020 | ||
Prescribed Financial Statements
Refer to the Retirement Funds section of the FSCA website.
Useful Links
Related communiqués
- 15 June 2022 – Section 15 Engagements
- 22 April 2022 – Revised Reports
- 31 March 2020 – RF Auditor Reports
- 11 September 2014 – FSCA Guidance