News

IRBA shares guidance with auditors on the implications of COVID-19 on audits and auditors

March 25, 2020

IRBA shares guidance with auditors on the implications of COVID-19 on audits and auditors.

March 24, 2020

Sharemax disciplinary hearing postponed to October 2020.

March 23, 2020

IRBA takes steps to assist government with containment of community transmissions.

March 23, 2020

Fee schedule 2020

March 16, 2020

Sharemax hearing temporarily adjourns.

March 02, 2020

Court rules on disclosure of documents in MAFR challenge.

February 26, 2020

IRBA foresees audit reforms will regain confidence in profession if audit firms follow suit.

February 07, 2020

Update on CEO Recruitment Process.

February 05, 2020

At the January 2020 meeting, the Board of the IRBA approved a change to the practice on Sanctions for Improper Conduct in relation to resigned Registered Auditors (RAs).

February 01, 2020

The IRBA is introducing a new online process, on the IRBA website, for submission of the assurance work declaration and firm related information.

2019

December 03, 2019	ACCREDITATION COMMITTEE OF THE IRBA: CALL FOR NOMINATIONS
December 02, 2019	IRBA launches Audit Quality Indicators: Evaluating audit quality and promoting transparency of audit firms
November 21, 2019	INSITITUTE OF INTERNAL AUDITORS Launch of State of Governance Report
October 29, 2019	IRBA achieves a decade of clean audit opinions
October 16, 2019	DISCIPLINARY COMMITTEE OF THE IRBA: CALL FOR NOMINATIONS
October 09, 2019	Slight improvement in perception of auditing and accounting standards and shareholder governance
October 07, 2019	21 percent of JSE-listed companies have changed their auditors ahead of MAFR deadline
September 26, 2019	Hearing Dates on African Bank - hearing should conclude in December 2019
September 09, 2019	CALL FOR NOMINATIONS TO SERVE ON THE STATUTORY COMMITTEES OF THE IRBA
July 01, 2019	Hearing Dates for Deloitte auditors on African Bank
June 12, 2019	ASSURANCE FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2019
May 16, 2019	CALL FOR PERSONS TO SERVE ON THE DISCIPLINARY COMMITTEE OF THE INDEPENDENT REGULATORY BOARD FOR AUDITORS
April 01, 2019	17 percent of JSE-listed companies have rotated auditors ahead of MAFR
March 28, 2019	Linkway Trading auditor deregistered - ordered to contribute to costs
March 19, 2019	IRBA investigation into Steinhoff auditors will recommence once restated financials are released
March 15, 2019	DISCLOSURE OF ASSURANCE STATUS ON IRBA WEBSITE AND HOW TO CHANGE YOUR STATUS
March 05, 2019	FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2019
February 19, 2019	IRBA inspections reveal recurring quality deficiency themes
February 15, 2019	IRBA concludes sanctions hearings on Gupta-linked Linkway auditor
February 07, 2019	NOTICE OF HEARING: Sanction hearing for former auditor of Linkway Trading
February 07, 2019	The IRBA welcomes the introduction of the Financial Matters Amendment Bill with APA Amendments
February 04, 2019	Comments on the Financial Matters Amendment Bill
January 31, 2019	CALL FOR NOMINATION OF PERSONS TO SERVE ON THE BOARD AND STATUTORY COMMITTEES OF THE INDEPENDENT REGULATORY BOARD FOR AUDITORS (IRBA)

2018

December 14, 2018	ANNUAL FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2019
December 14, 2018	In the matter of African Bank Deloitte
December 10, 2018	CALL FOR NOMINATION OF PERSONS TO SERVE ON THE BOARD AND STATUTORY COMMITTEES OF THE INDEPENDENT REGULATORY BOARD FOR AUDITORS (IRBA)
December 10, 2018	NITASHA NAICKER APPOINTED DIRECTOR OPERATIONS
November 07, 2018	IRBA responds regarding actions against auditors of VBS
September 17, 2018	Auditing Profession Act Amendments 2018 Continued regulatory improvement for public protection
September 12, 2018	AFIAAR adopts strategy for continental integration of accounting and auditing regulation
August 21, 2018	NOTICE OF HEARING
August 02, 2018	33% of all audit firm rotations since 2017 due to MAFR
July 31, 2018	IRBA issues notice of transparency reporting for audit firms
July 05, 2018	Hearing of evidence into conduct of auditor for Linkway Trading concludes
June 19, 2018	Firm Fees Payable to the IRBA with Effect from 01 April 2018
June 12, 2018	IRBA welcomes standard setting reform focused on greater independence and enhanced public interest focus
May 04, 2018	A few bad auditors have cost many good people their reputations IRBA takes steps to mitigate collateral damage
April 18, 2018	IRBA Act Amendments will strengthen oversight powers
April 13, 2018	IRBA CEO addresses Zimbabwe Accountants Conference (ZAC2018) on Ethics
March 12, 2018	FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2018
March 02, 2018	1st AFIAAR meeting heralds new focus on independent accounting and auditing regulation in Africa
February 25, 2018	IRBA identifies lines of inquiry but requires restated financials for Steinhoff
February 08, 2018	IRBA deals firmly with crisis of confidence in accounting and auditing professions
February 02, 2018	IRBA Board trusts Agulhas to navigate current audit landscape
January 12, 2018	Update on IRBA investigations into KPMG

2017

December 15, 2017	IRBA confirms investigation into conduct of Steinhoff auditors
December 14, 2017	IRBA beefs up sanctions and will pursue amendments to the Act
December 07, 2017	Accounting irregularities do not necessarily indicate an audit failure
September 27, 2017	Drop in SA WEF ranking is regrettable but expected
September 20, 2017	SAICA has no legal mandate to lead independent inquiries
September 17, 2017	KPMG Matter
September 10, 2017	IRBA welcomes international boards' drive to focus on professional scepticism
September 07, 2017	SHAREHOLDERS ARE HAVING THEIR SAY ON AUDITOR APPOINTMENTS
August 18, 2017	The Independent Regulatory Board for Auditors appoints its new chairman
June 30, 2017	Audit regulator launches probe into KPMG audits of Linkway Trading
June 21, 2017	IRBA says additional measures required to promote transformation of audit profession
June 12, 2017	RULE ON MANDATORY AUDIT FIRM ROTATION
June 06, 2017	MAFR: FREQUENTLY ASKED QUESTIONS
June 02, 2017	MAFR gazetted to enhance auditor independence and protect public interest
June 02, 2017	Inspection Fees Payable to the IRBA with Effect from 01 April 2017
May 05, 2017	TENDER IRBA017/2017
April 10, 2017	ANNUAL RENEWAL DOCUMENTS AVAILABLE ON WEBSITE
March 16, 2017	IRBA Inspections Report shows decline in audit quality
March 14, 2017	Real empowerment remains an evasive ideal
March 10, 2017	FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2017
February 18, 2017	IRBA TURNS ITS ATTENTION TO PROMOTING MEASURABILITY AND TRANSPARENCY IN AUDIT
February 13, 2017	NEW PROCESS FOR UPDATING PERSONAL AND FIRM DETAILS AND ANNUAL RENEWAL
February 07, 2017	Audit Regulator welcomes public hearing into audit firm rotation
February 02, 2017	Board Appointments by the Finance Minister to the Independent Regulatory Board for Auditors
January 20, 2017	IRBA Comment process yields solid engagement

2016

December 13, 2016	COMMITTEE MEMBERS REQUIRED
November 18, 2016	Call for the Nomination of Members to Serve on the Committee for Auditor Ethics
October 25, 2016	The IRBA issues consultation paper on Mandatory Audit Firm Rotation
September 28, 2016	South Africa retains pole position for auditing and reporting standards for seventh year in a row
September 26, 2016	The IRBA announces timeline for public participation process around mandatory audit firm rotation
September 06, 2016	The IRBA recognised by EU Commission as an Equivalent Competent Authority
August 31, 2016	Deadline approaches for the IRBA Withdrawal from B-BBEE Assurance Services Regulation
August 30, 2016	CALL FOR NOMINATION OF PERSONS TO SERVE ON THE INDEPENDENT REGULATORY BOARD FOR AUDITORS (IRBA)
August 29, 2016	The IRBA announces measures to strengthen auditor independence and enhance investor protection
July 11, 2016	How independent is your auditor and audit committee?
June 14, 2016	Fees on Assurance engagements Payable to the IRBA with effect from 01 April 2016
April 21, 2016	Fees Payable to the IRBA - 01 April 2016
April 01, 2016	The IRBA turns 10
February 01, 2016	IRBA Language Policy 2015

2015

December 11, 2015	The IRBA mandates disclosure of audit tenure
December 11, 2015	Broad-Based Black Economic Empowerment (B-BBEE)
December 10, 2015	Further Clarification: IRBA Strengthens Auditor Independence By Mandating Disclosure Of Audit Tenure
December 04, 2015	IRBA Strengthens Auditor Independence by Mandating Disclosure of Audit Tenure
December 03, 2015	Calling Boards and Audit Committees to Action in Strengthening Audit Quality in South Africa
December 03, 2015	The IRBA issues its Public Inspections Report for 2015
November 12, 2015	Inspections Findings Newsflash
September 30, 2015	South Africa maintains first position for the strength of Auditing and Reporting Standards for six years in a row
July 29, 2015	Audit Regulator overview on the new Auditor Reporting Standards
July 01, 2015	SAFM Interview with Rene Kenosi Chairman of the IRBA
June 08, 2015	Rene Kenosi Appointed First Black Female Chairman of The Independent Regulatory Board For Auditors
March 20, 2015	An article on March 16 in Business Report under the headline New law set to change the face of auditing contained inaccuracies
March 17, 2015	IRBA welcomes outcome of voting on the Auditing Profession Amendment Bill