IEASA Webinar - Audits & Trust Accounts - 24 April 2024

By IEASA http://ieasa.org.za/pub/home

Wed Apr 24, 10:00 - Wed Apr 24, 12:30

Online Webinar

ABOUT


IEASA Webinar - Audits & Trust Accounts


Presenter: Koti Steynberg

Host: Annette Evans


What changed since the PPA and the PPR came into effect?


Practical PPA & PPR - STEP BY STEP WORKSHOP covering: The year after the new Act and Regulations hit us.


We have a serious look at what to do and how it should be done. STOPPING THE CONFUSION 


FOCUS: TRUST ACCOUNTS (Closing/Keeping), WINDING UP AUDITS (Closed Trust accounts - How to submit) and ANNUAL AUDITS


1. Property Practitioners & Property Practitioner Businesses


2. Financial Records & Audit Of Statements


3. Independent Review Of Annual Financial Statements


4. Trust Accounts And Trust Accounting Records

a. Definition of Trust Account

b. When lawfully entitled to?

c. Bank charges & Balancing accounts

d. Accounting Records & Systems

e. Winding up Trust accounts

f. Unclaimed Or Unidentified

g. Interest Earned 

h. Requirements for exemption from keeping trust accounts


5. Trust Accounts Exemption


a. Four Categories 


  • New entrance
  • Existing PP’s
  • Payment Processing Agents
  • Body corporates


b. Exemption procedures 

c. How to submit to PPRA

d. PPRA Exemption letter


6.  Payment Processing Agents


7.  Banking Association


8.  Audit Of Trust Accounts


9.  PPRA Auditors Portal


10. Non Compliance


  • Contraventions 
  • Listed Fines
  • Process 


Auditors, Accountants, Principals, admin staff & agents welcome to attend.


Date: Wednesday 24 April 2024

Time: 10h00 - 12h30

Location: Online via Zoom

Cost: R200 

Certificate of Attendance - 2.5 Hours