Tag: internal control
Audit profession – failure to reform
The last five years have seen an improvement in the audit profession when it comes to audit failures. Is this evidence that the entire financial ecosystem finally understands the importance of taking responsibility for the audit process or is it because of the increase in legislative mandate and high scrutiny that is currently imposed on the audit profession?
The warning signs of a fraudster in your company
Christo Snyman | National Director of Forensic Services | Mazars | christo.snyman@mazars.co.za | www.mazars.co.za |
The typical company loses around 5% of its annual revenue...
IAASB – update on enhancing audit quality projects
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.
