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IRBA: Annual Report 2025
- 06 November 2025
- Financial Reporting
- South African Accounting Academy
Summary:
The Independent Regulatory Board for Auditors (IRBA) has officially tabled its Annual Report for the 2024/2025 financial year before the Standing Committee of Finance in Parliament, marking the conclusion of its five-year strategic cycle and the beginning of a new chapter for the regulator and the auditing profession.
Article:
The Annual Report reflects a year of significant progress in restoring trust with key stakeholders, enhancing oversight effectiveness, and fostering transparency within the profession.
Key highlights included in the report cover the following topics:
- Strategic Transition
- Audit Quality Improvements
- Transformation and Talent Development
- Regulatory Advancements
- Stakeholder Engagement
The IRBA also received a clean audit opinion from the Auditor-General of South Africa for the fourth year in a row.
Click here to download the 104-page Annual Report:
https://www.irba.co.za/upload/IRBA%20Annual%20Report%202025.pdf
Relevance to Auditors, Independent Reviewers & Accountants:
- Members of IRBA should stay up-to-date with the latest developments and publications that affect registered auditors.
- IRBA recognises their pivotal role in protecting the public interest and ensuring investor confidence through high-quality regulation and oversight.
- IRBA also plays a vital role in maintaining the integrity and credibility of the auditing profession.