The revised ISA 570 Going Concern standard becomes effective for relevant audits beginning on or after 15 December 2026. South African businesses should strengthen cash-flow forecasts, scenario analysis and supporting evidence before their next audit cycle.
SAICA has asked National Treasury to clarify how provisional taxpayer status is determined and to provide relief where obligations only become clear after year-end. The proposal is not law, but it highlights practical cash-flow and compliance risks for businesses with irregular income.