All news by: Sindy Pretorius

An Update on The Property Practitioners Act

The release date of the Estate Agency Affairs Act 112 of 1976 (EAAA) clearly indicates that it is outdated. A lot has changed in the last 43 years and now, so has this act. The Property Practitioners Act 22 of 2019 (PPA), which replaced and repealed the EAAA, was promulgated in the Government Gazette on 3 October 2019. National Technical Director of Moore South Africa, Sindy Pretorius, takes a closer look.

IFRS 16 and its Impact on Lessees

The International Accounting Standards Board (IASB) issued IFRS 16 Leases on 13 January 2016. Revising the lease accounting requirements was first added to the IASB’s agenda in 2006. Since then, several exposure drafts have been issued and hotly debated. Now that IFRS 16 has been released, our team looks at the key implications for leases and lessees.