Overview

Professional accountants might come across situations where they determine, or suspect, that their employing organization or a client is not compliant with laws or regulations. They are then required by the Code of Conduct to take appropriate action, putting the interests of the public first.

NOCLAR (Non-Compliance with Laws and Regulations) addresses breaches of laws and regulations that deal with matters such as fraud, corruption and bribery, money laundering, tax payments, financial products and services, environmental protection, and public health and safety. The proactive role of professional accountants in relation to NOCLAR can lead to an earlier response by management or those charged with governance, thereby mitigating any adverse consequences for stakeholders, or deterring potential NOCLAR for the greater benefit of business (and society).

The Code’s fundamental principles of integrity and professional behaviour require accountants to respond to non-compliance with laws and regulations (NOCLAR) appropriately. This webinar will summarise some of the practical resources that are currently available to assist in your NOCLAR dilemmas.

Join our technical expert Lettie Janse van Vuuren CA(SA) on 9 December 2020 from 10:00 a.m. to 12:00 p.m. as she unpacks this topic and gives you guidelines on what to do when you encounter instances of NOCLAR.

Learning objectives

By the end of this webinar the attendee will:

• Have a better understanding of the implications of NOCLAR for professional accountants by obtaining an overview of NOCLAR;
• Understand how PAIBs (Public Accountants in Business) respond to NOCLAR;
• Understand how PAPPs (Public Accountants in Public Practice) respond to NOCLAR;
• Understand how to report Reportable Irregularities to CIPC and IRBA on audits and independent reviews, respectively); and
• Have a list of helpful NOCLAR resource locations, including:
  • Flowcharts.
  • FAQs.
  • South African legislation that contains reporting requirements.
  • Illustrative examples relating to the professional accountant’s NOCLAR obligations.
  •  NOCLAR webpages of various professional bodies.

Content

The webinar will cover the following topics:

• Overview of NOCLAR.
• Responding to NOCLAR for PAIBs (Public Accountants in Business).
• Responding to NOCLAR for PAPPs (Public Accountants in Public Practice).
  • Reporting of Reportable Irregularities to CIPC and IRBA (on audits and independent reviews, respectively).
• Helpful NOCLAR resources.
  • Flowcharts
  • FAQs
  • Relevant legislation.
  • Illustrative examples.
  • Professional bodies' webpages on NOCLAR.

Obtaining your CPD certificate

This webinar qualifies for 2 CPD hours with your professional body including: ACCA, SAICA, AAT, SAIPA, SAIBA, IAC, CIS, ICBA, LSSA, FPI, and the IBA. The SAAA CPD policy is compliant with IFAC IES7 and is recognised by all relevant professional bodies. All attendees are issued with a CPD certificate available in an online profile.

About the presenter

Lettie Janse van Vuuren CA(SA), RA

Lettie is a Chartered Accountant, Registered Auditor, as well as an Assessor and Moderator. She joined SA Accounting Academy in November 2017 as Head of Technical. As a professional trainer and webinar host, she is able to hold the attention of an audience with her relaxed and humorous presentation style. She has a unique ability to communicate with delegates at their respective levels of knowledge and experience. Over the last 20 years, she has trained thousands of partners, managers, trainee accountants and other professionals.

She is responsible for researching, compiling and presenting our MCLU (Monthly Compliance and Legislation Updates). She was the Professional Development Manager at SAICA for 4 years and in charge of accrediting new training offices and monitoring existing ones (including the moderation of training offices and trainee assessments).

Who should attend?

The following persons will benefit from attending this webinar:

• Professional accountants including: RA, CA(SA), PA(SA) and BAP(SA).
• Accounting officers.
• Bookkeepers.
• Trainee accountants.

Price

• R 475.00 - Online admission - Individual.

• R 950.00 - Online admission - Company.

Steps to register for the event:

If you already have a profile, login and register for the webinar.

If you don’t have a profile, create a free profile then login and register for the webinar.

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series).

Click here to find out about the Technical Resource Centre & CPD Subscription options.

Additional material

By attending this webinar you will be provided with:

• Summarised slide presentation;
• Reference documents and/or course material where available; and
• You can ask questions during the webinar and you will also have access to the presenter after the webinar.