IRBA: News issue #59

IRBA: News issue #59 logo

This newsletter covers the period July to September 2022, and includes summaries on the following topics:

  • Changes to Standards (including Ethics)
  • Disciplinary Committee (overview and short summaries)
    • 4 matters finalised
    • 19 open cases (involving 12 categories of improper conduct) referred to the Legal Department for disciplinary hearings
    • 3 matters finalised through consent orders and/or admission of guilt processes – previously referred for disciplinary hearings
    • 2 matters heard by the Disciplinary Committee
  • Reportable Irregularities statistics
  • Matters relating to Investigations:
    • Investigating Committee referred 21 matters to the Enforcement Committee
    • Enforcement Committee concluded on 38 matters:
      • Decision Not to Charge: 10 matters, where the respondents were not guilty of improper conduct
      • Decision to Charge and Matters Finalised by Fines Issued: 25 matters were finalised by fines issued, with a short summary of each matter
      • Decision to Charge and Matters Referred for Disciplinary Hearings: 3 matters were referred to the Legal Department for disciplinary hearings
  • Inspections: How prepared are firms for the new Quality Management Standards?
  • Education & Transformation news: Audit Development Programme (ADP), Overview of accreditation activities and Competency Framework Activities
  • Some general news items.

Click here to download the latest IRBA Newsletter:

https://www.irba.co.za/upload/IRBA%20News%2059.pdf

Relevance to Auditors, Independent Reviewers & Accountants:

  • Members of IRBA should stay up-to-date with the latest developments that affect registered auditors.
  • This newsletter summarises all the relevant changes for the preceding quarter.

To stay current with all the latest changes and updates subscribe to our Monthly Compliance and Legislative Update series for R 250.00 per month. This gives you access to a monthly 2-hour webinar and monthly newsletter:
https://accountingacademy.co.za/profession/monthly-legislation-update


Get all your CPD online. SA Accounting Academy (SAAA) offers Subscription Plans, Live Webinars, Webinars On-Demand, Access to Experts, Courses, Articles and more:
https://cpd.accountingacademy.co.za.


The SA Accounting Academy (SAAA) Technical Resource Centre is constantly updated by our team of experts to help you stay compliant and informed.
The Technical Resource Centre service is free for all SAAA Designation CPD subscriber members to use.

Legislation


Access updated legislation including amendments

Read More

Ask a Technical Question


Get your questions answered by one of our Technical Experts

Read More

Articles


View technical articles written by our Technical Experts

Read More

Resources On-Demand


Update yourself with our accounting resources-on-demand

Read More
 

Courses


Browse our relevant and practical courses

Read More

Events


View upcoming events

Read More

Technical FAQs


A source of commonly asked technical questions

Read More

Catch-up on your events


Missed any events? Access them here

Read More

There are not comments for this article at the moment, check back later.
You must be logged in to add a comment, log in now.
Need Help ?

Explore Smarty