Leana van der Merwe, Technical Manager, Chartered Institute for Business Accountants (CIBA) Leana van der Merwe, Technical Manager, Chartered Institute for Business Accountants (CIBA)

What the Face of the Financials Isn’t Telling You

Most accountants treat the notes to the financial statements like the terms and conditions of a software update — long, boring, and best ignored. But here’s the truth: if you’re skipping over Section 8 of the IFRS for SMEs, you’re not just missing out on disclosure—you’re risking client trust, SARS audits, and review queries that eat into your billable hours

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