King corporate governance codes
The King reports and codes are South African corporate-governance frameworks. An answer must identify the edition and relevant context rather than treating “King” as a timeless list of principles. King V was released on 31 October 2025, replacing King IV, with effect for financial years beginning from 1 January 2026. This professional update does not by itself establish which edition a particular exam assessment requires.
Worked example
A South African organisation preparing governance disclosures for a financial year beginning in February 2026 checks King V and the requirements applicable to it, instead of automatically using an older King IV checklist found in a study text.
Common mistake
Presenting King IV as the latest edition or applying a South African framework as if it were binding law for every international scenario.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | SBL | Supporting | September 2026–June 2027 |