News
SAICA’s June 2025 IAC results reflect ongoing advancement in growth as an inclusive and future-ready profession
Johannesburg, Friday 29 August 2025 - With the release of the results for the June 2025 Initial Assessment of
Competence (IAC), formerly known as the Initial Test of Competence (ITC), the South African Institute of Chartered
Accountants (SAICA) has announced an overall throughput pass rate for both the January and June 2025 IAC sittings of
76%. An improvement from the previous year’s overall pass rate for the January and June 2024 ITC sittings of 61%,
demonstrating the impact of SAICA’s candidate support initiatives in collaboration with FASSET.
SAICA champions AI readiness through landmark maturity assessment for South Africa
Johannesburg, 21 August 2025 — The South African Institute of Chartered Accountants (SAICA) has reaffirmed its commitment to supporting artificial intelligence (AI) development in the country through its contribution to South Africa’s AI Maturity Assessment Framework (AI MAF) and the first assessment of the country's AI readiness.
Congratulations to Joey Mathekga for his appointment as a member of the IFRS Taxonomy Consultative Group
The South African Institute of Chartered Accountants (SAICA) congratulates Joey Mathekga for his appointment to serve as member of the IFRS Taxonomy Consultative Group (ITCG) effective, 1 August 2025.
SAICA Welcomes Treasury Changes To Budget Process
Johannesburg, 31 July 2025 – The South African Institute of Chartered Accountants (SAICA) welcomes positive changes announced by National Treasury on 23 July 2025 that should assist the country in creating a budget and budget process that is not only efficient, but also effective in dealing with the needs of South Africa, its people and the unique challenges and trade-offs we face.
Understanding Financial Intelligence Centre Act Beneficial Ownership and Targeted Financial Sanctions Obligations
Trust and company service providers (TCSPs) operate in an environment that makes them vulnerable to abuse by entities or individuals who may seek to misuse corporate structures to hide illicit funds and their beneficial owners.
Stay vigilant this tax season: protect yourself against tax scams and eFiling fraud
As the 2025 tax filing season ramps up, taxpayers and tax practitioners must remain alert due to increased scams and fraudulent activity that will leverage and seek to undermine the Tax Filing 2025 Season.
