Independent reviews are not just a quick sign-off. Under ISRE 2400, practitioners carry real responsibilities that go far beyond ticking boxes. You are the referee who ensures the game is fair, the professional who applies scepticism when numbers do not add up, and the communicator who helps clients understand the value of limited assurance. When you own your role, you protect the public, elevate your practice, and strengthen the credibility of financial reporting.

Independent Reviews have become an essential assurance service for many South African companies that do not require a full audit. Guided by ISRE 2400, these engagements offer limited assurance through a structured process of enquiry and analytical procedures. For Chartered Business Accountants in Practice, understanding the scope, purpose, and legal requirements of Independent Reviews is key to delivering value while staying compliant with the Companies Act. This article explains what ISRE 2400 covers, how Independent Reviews differ from audits and compilations, and when they are required in South Africa.

The Property Practitioners Act (PPA) has introduced specific compliance responsibilities that directly affect accountants working with clients in the property sector. This article outlines the key thresholds, reporting requirements, and common errors made by property clients. It also highlights how practitioners can add value through independent reviews, trust account oversight, and timely advisory services grounded in regulatory updates.

Many Independent Reviews unravel long before the first analytical procedure is performed. The real trouble often starts with poor client take-on, vague engagement terms, and overlooked ethical concerns. When practitioners rush through pre-engagement checks or ignore their instincts, they risk compromising the entire engagement. This article outlines how to apply ISRE 2400 (Revised) with clarity and caution, helping you make informed decisions from the outset and avoid unnecessary professional exposure.