training

PPRA on Trust Accounts and Audits 2024

Webinar - The Property Practitioners Act, 2019 and Property Practitioners Regulations 2022 focusing on Audits & Trust Accounts

STOP THE CONFUSION

The deadline is 31 August 2024 for Auditing.

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

Topics:

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 and 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 account Exemption

 a. Four Categories

o  New entrance

o  Existing PPs

o  Payment Processing Agents

o  Body corporates

b.     Exemption procedures

Exemption letter

d.    PPRA Exemption letter

6.   Payment Processing Agents

7.   Banking Association

8.   Audit Of Trust Accounts

9.   PPRA Auditors Portal

10.  Contraventions and Listed Fines

 

Please send an e-mail to koti@maxilisitng.co.za for more information.