Auditing news. Protecting investor interests in SA. Ensuring audit independence and quality for credible financial reporting. See pinned post for terms of RT.
Modderfontein, South Africa
Joined February 2013
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IRBA (South Africa) retweeted
The Independent Regulatory Board for Auditors (Irba), tasked with regulating the auditing profession and promoting high-quality audit and assurance services in South Africa, is planning its biggest overhaul of competence standards in more than a decade. tinyurl.com/4f47en87
IRBA (South Africa) retweeted
Don't confuse the two: Section 92 individual auditor rotation is not the same as the IRBA Mandatory Audit Firm Rotation Rule.
Section 92 of the Companies Act requires an individual auditor to rotate off an engagement after five consecutive years, but this obligation was not overturned by the Supreme Court of Appeal. It remains a legal requirement, and CIPC reviews compliance during the commission's quarterly Annual Financial Statement checks.
The IRBA rule, by contrast, deals with the rotation of audit firms, a separate requirement altogether.
#CIPC #IRBA #audit
IRBA (South Africa) retweeted
The Independent Regulatory Board for Auditors (IRBA) is the authority dedicated to enhancing audit quality and protecting the public interest in South Africa.
cfo.co.za/articles/irba-is-j…
IRBA (South Africa) retweeted
Accountancy@UJ Online Public Lecture with Mr Imran Vanker (IRBA)
🟠19 August 2024
🟠12:00 - 13:00
🟠Online via Zoom
REGISTER IN ADVANCE FOR THIS WEBINAR: tinyurl.com/ykkkzrvy
#UJ #IRBA
IRBA (South Africa) retweeted
#ExternalAuditFunctionPaperLaunch
Imre Nagy, @IRBA_ CEO: "Audit quality is in both the company and country's best interest , building alliances with regulators, professional bodies like the IoDSA and audit committees is key and this guide illustrates a collaborative approach to improving audit quality."
IRBA (South Africa) retweeted
This morning we unpack the newly published paper on the Assessment of the External Audit Function in the Listed Entity Environment Paper in collaboration with @IRBA_. Join the conversation using #ExternalAuditFunctionPaperLaunch
IRBA (South Africa) retweeted
#ExternalAuditFunctionPaperLaunch
Prof. Parmi Natesan, IoDSA CEO: "The IoDSA together with @IRBA_ have published guidance to assist Audit Committees around when and what to consider when assessing external auditors."
IRBA (South Africa) retweeted
#ExternalAuditFunctionPaperLaunch
Access our latest paper in partnership with @IRBA_ on Assessment of the External Audit Function in the Listed Entity Environment. bit.ly/IoDSA-Paper-External-…
IRBA (South Africa) retweeted
#ExternalAuditFunctionPaperLaunch
IRBA CEO Imre Nagy talks to how @IRBA_ Inspection Reports should be read and used by audit committees in today's webinar on the our Guidance Paper.
IRBA (South Africa) retweeted
SPONSORED | Independent Regulatory Board for Auditors fines, permanently disqualifies auditor for breach of ethical standards. timeslive.co.za/sunday-times…
IRBA (South Africa) retweeted
IRBA NEWS: IRBA calls for applications for membership to the Monitoring Committee. MCOM evaluates the accreditation of the professional body against the IRBA's Accreditation Model. Applicants are required to have experience in the ACCA academic programme
IRBA (South Africa) retweeted
[LISTEN] 'The Irba stands by the principle of strengthening independence through regular rotation of audit firms,' @IRBA_ CEO, Imre Nagy.
#Moneyweb #SAFM #MarketUpdate
ow.ly/c3Sy50OCJCK
IRBA (South Africa) retweeted
IRBA NEWS: Mandatory Audit Firm Rotation is effective as from 1 April 2023. Limitation on audit tenure applies to listed entities as well as public interest entities. #audit #MAFR #AuditRotation
Read more about MAFR here
irba.co.za/guidelines-to-com…
IRBA (South Africa) retweeted
Last week, our Fraud Task Force met in Tokyo to discuss further revisions to our fraud standard, including changes to enhance transparency in the auditor's report. Thank you, @jicpa_audit, for hosting us!
IRBA (South Africa) retweeted
Tomorrow at 8am EST, join us for a full update on ISA for LCE, including what we’ve been working on since the exposure draft closed early last year. Tune in to the YouTube livestream or register to participate on Zoom: bit.ly/LCE-update
IRBA (South Africa) retweeted
IRBA publishes fourth Audit Quality Indicators Report Talent turnover at manager and supervisory level is a growing risk to audit quality irba.co.za/#.Y5HngB5NZP4.twi…
IRBA (South Africa) retweeted
The #IoDSA's Audit Committee Forum invites you to a multi-perspective discussion on the IRBA Public Inspections Report.
23 Nov 2022 | 15h00 | Webinar
Register: bit.ly/3fEVV5p
Earn 1 CPD point
IRBA (South Africa) retweeted
Grateful that I had the opportunity to recognize in person the contribution of Imran Vanker of @IRBA_ to the @IAASB_News yesterday. We didn’t get a chance to do it properly when his term ended due to the pandemic.
IRBA (South Africa) retweeted
Congratulations to Imre Nagy on his new appointment as CEO of the The Independent Regulatory Board for Auditors.
IRBA (South Africa) retweeted
Proud to announce that the IRBA Board has appointed Dr Riyad Moosa as a member of the Committee for Auditing Standards (CFAS), which is the IRBA’s auditing standard-setting statutory committee that was established in terms of Section 22 of the Auditing Profession Act. #UJ
