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Digging deeper with forensic auditing

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A clean audit gives a company a clean bill of health. However, when a company finds itself in a situation that could lead to...

Focus on transfer pricing in Africa increasing!

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Tax is the price we pay for civilisation and transfer pricing is the price we pay for globalisation. Over the years, transfer pricing has...

Rule on mandatory audit firm rotation announced

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In compliance with section 10(1)(a) of the Auditing Profession Act, 26 of 2005, the Independent Regulatory Board for Auditors (IRBA) has announced and published the rule on Mandatory Audit Firm Rotation (MAFR) for auditors of all public interest entities, as defined in section 290.25 to 290.26 of the amended IRBA Code of Professional Conduct for Registered Auditors.

IAASB – update on enhancing audit quality projects

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The South African Institute of Chartered Accountants (SAICA) recently hosted representatives from the International Auditing and Assurance Standards Board (IAASB) and received first-hand feedback on their work relating to quality control and related projects, with touchpoints regarding audit quality and how this is set to affect practice going forward.

SAICA WEIGHS IN ON IRBA’S REPORT

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On 16 March 2017, the Independent Regulatory Board for Auditors (IRBA) released its Public Inspections Report, 2016, following shortly after the International Forum of Independent Audit Regulators’ (IFIAR) 2016 Survey of Inspection Findings on 3 March 2017.

A NEW ERA IN AUDIT REPORTING

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South Africa and the world recently saw one of the most significant changes in the audit sector with the International Auditing and Assurance Standards...

MAFR NEGATIVE IMPACT!

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The Association of International Certified Professional Accountants (the Association) has voiced its strong opposition to a plan by South Africa’s Independent Regulatory Board for...

KING IV: SIMPLE BUT FEARLESS

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Aimed at promoting the highest standards of corporate governance in South Africa, the King Report on Corporate Governance (King I) was published by the...

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