IRBA releases News #58

09 August 2022
Auditing and Assurance
South African Accounting Academy

This newsletter covers the period April to June 2022, and includes summaries on the following topics:

Changes to Standards (including Ethics)
22 open cases (involving 11 categories of improper conduct) referred to the Legal Department for disciplinary hearings
1 matter finalised – previously referred for disciplinary hearings
Reportable Irregularities statistics
Matters relating to Investigations:
- Investigating Committee referred 26 matters to the Enforcement Committee
- Enforcement Committee concluded on 38 matters:
  - Decision Not to Charge: 5 matters, where the respondents were not guilty of improper conduct
  - Decision to Charge and Matters Finalised by Fines Issued: 27 matters were finalised by fines issued, with a short summary of each matter
  - Decision to Charge and Matters Referred for Disciplinary Hearings: 6 matters were referred to the Legal Department for disciplinary hearings
Inspections: A recurring deficiency: Evaluation of Uncorrected Misstatements
Education & Transformation news: The ADP Reloaded initiative
Some general news items.

Click here to download the newsletter:

https://www.irba.co.za/upload/IRBA%20News%2058.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.