Circular 31 of 2025: Authorisation of Auditors and IFRS advisors 2025

The Council for Medical Schemes (CMS) wishes to inform stakeholders that the final version of the Standards for Authorisation of auditors and IFRS advisors can be accessed on this link: Standards_for_ authorisation_of_auditors_for_medical_schemes. Note that the standards have remained unchanged from the previous year.

1. Previously authorised audit firms, individual auditors and IFRS advisors

All audit firms, individual auditors and IFRS advisors who were previously granted authorisation for the audit of medical schemes for the financial year ending 31 December 2024, will automatically have their accreditation extended to include the audits of the financial year ending 31 December 2025. No application forms or annual declarations are required in relation to these authorisations.

Audit firms and individuals are however reminded of the requirement to submit the results of any updated IRBA inspection or investigation reports to the auditor authorisation FTP site as detailed further below.

For previously authorised firms, the link to the FTP site is provided below:

a) FTP site for upload of documentation.

2. New authorisation submissions

As previously communicated on ICT-related issues encountered by the CMS, the applications for new audit firms, new individual auditors and new IFRS advisors are now replaced by a manual Microsoft Forms (MS Forms) submission.

The submission of new firms and new individual auditor / IFRS advisors for authorisation will commence on 10 September 2025, and the deadline for new submissions is 23 September 2025.

For new firms, please contact the Auditor Authorisation Project Leader, Ms Miracle Mabasa, at m.mabasa@medicalschemes.co.za to obtain a username and password for the FTP site.

Download the Circular here.