News

IRBA Issues Its First Reportable Irregularities Report in Efforts to Enhance Transparency and Bolster Stakeholder Confidence in the Audit Product

November 15, 2024

The IRBA's first-ever publication of the Reportable Irregularities Report 2022/2023 aims to not only embolden registered auditors, but to provide stakeholders with comprehensive feedback on the nature of RIs reported over a specific period and the measures taken to address them.

November 01, 2024

This letter serves to communicate to you our proposed fees increases for the 2025/2026 financial year.

October 07, 2024

Disciplinary hearing schedule - October 2024.

June 20, 2024

Assurance Fees Payable to the IRBA as of 1 June 2024.

June 14, 2024

Seamless transition as IRBA Board term comes to an end.

June 13, 2024

Disciplinary hearing schedule for June 2024.

May 23, 2024

The Independent Regulatory Board for Auditors (IRBA) is taking decisive action to strengthen the pipeline of Registered Candidate Auditors (RCAs) and improve the attractiveness of the auditing profession.

May 07, 2024

Disciplinary hearing schedule - May 2024.

April 28, 2024

IRBA imposes fine and permanent disqualification on auditor for breach of ethical standards.

April 09, 2024

Disciplinary hearing schedule - April 2024.

April 03, 2024

Annual individual renewal 2024 now open for submission.

March 18, 2024

Call for nominations.

February 23, 2024

Call for nominations to the Inspections Committee.

February 19, 2024

The annual renewal process for firms to submit their returns is now open on the Independent Regulatory Board for Auditors' (IRBA) website.

February 16, 2024

The Independent Regulatory Board for Auditors (IRBA) has released two annual reviews covering outcomes in the 2023 year for public consumption.

January 08, 2024

A 30 percent decrease in investigations backlog from the 2021 financial year to date.

January 05, 2024

Notice of withdrawal of the notice of maximum fines for improper conduct of registered auditors issued on 15 June 2023.

2023

November 30, 2023	Notification of a data breach
November 22, 2023	DISCIPLINARY HEARING SCHEDULE
October 19, 2023	Disciplinary Hearing Schedule
October 16, 2023	IRBA attains a clean audit report amidst resource constraints and cost containment measures
September 15, 2023	Disciplinary Hearing Schedule
September 01, 2023	MONITORING COMMITTEE OF THE IRBA CALL FOR NOMINATIONS
August 16, 2023	University of Johannesburg Public Lecture - Imre Nagy
August 10, 2023	DISCIPLINARY HEARING SCHEDULE
July 06, 2023	IRBA accredits ACCA as a route to audit specialisation
June 19, 2023	Minister of Finance gazettes maximum fines for auditor improper conduct
June 15, 2023	Assurance Fees Payable to the IRBA with Effect from 1 June 2023
June 01, 2023	Set aside of MAFR poses little risk to investors since the majority of public interest entity auditors have already rotated
April 21, 2023	DISCIPLINARY HEARING SCHEDULE
April 21, 2023	Fees payable to the IRBA with effect from 1 April 2023
April 03, 2023	2023 ANNUAL RENEWAL
March 28, 2023	Stakeholder Webinar Event
March 15, 2023	TENDER: PANEL OF EXTERNAL INVESTIGATORS
March 08, 2023	REMINDER: Online submission of firm assurance work declaration and firm related information 2023
February 10, 2023	DISCIPLINARY HEARING SCHEDULE
February 01, 2023	ONLINE SUBMISSION: FIRM ASSURANCE WORK DECLARATION AND FIRM RELATED INFORMATION 2023
January 23, 2023	IRBA appoints new director of operations
January 13, 2023	DISCIPLINARY HEARING SCHEDULE

2022

December 08, 2022	IRBA publishes fourth Audit Quality Indicators Report Talent turnover at manager and supervisory level is a growing risk to audit quality
November 30, 2022	MONITORING COMMITTEE OF THE IRBA - CALL FOR NOMINATIONS
November 06, 2022	MAFR rotations of listed entities is almost complete
October 31, 2022	IRBA appoints Ms Ntlambi Gulwa as Director: Inspections
October 19, 2022	DISCIPLINARY HEARING SCHEDULE
September 27, 2022	IRBA unveils its new brand
September 22, 2022	DISCIPLINARY HEARING SCHEDULE
September 21, 2022	MAXIMUM MONETARY FINES IN TERMS OF AUDITING PROFESSION ACT, 2005 - CALL FOR COMMENTS
September 07, 2022	IRBA appoints Imre Nagy as new CEO
August 03, 2022	DISCIPLINARY HEARING SCHEDULE
July 01, 2022	Call for Nominations/Applications of persons to serve on the board of the IRBA
June 14, 2022	2022/2023 ASSURANCE FEES PAYABLE TO THE IRBA WITH EFFECT FROM 10 JUNE 2022
May 27, 2022	IRBA Announces New Telephone Contact Details
May 06, 2022	IRBA Appeals High Court Judgement on IRBA Fees
April 08, 2022	INVESTIGATING COMMITTEE OF THE IRBA: CALL FOR NOMINATIONS
April 04, 2022	New disciplinary rules for registered auditors gazetted
March 28, 2022	FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2022
March 28, 2022	IRBA PUBLISHES NEW DISCIPLINARY RULES FOR REGISTERED AUDITORS
March 16, 2022	PRESCRIPTION OF REVISED REGISTRATION, RE-REGISTRATION AND ANNUAL RENEWAL REQUIREMENTS, IN TERMS OF THE AUDITING PROFESSION ACT 26 OF 2005
February 21, 2022	Call for Nominations to Serve on the IRBA's Monitoring Committee: Academic vacancies
February 18, 2022	Call for Nominations to serve on the IRBA's Accreditation Committee: Senior Academic
February 05, 2022	ONLINE SUBMISSION OF ASSURANCE WORK DECLARATION AND FIRM RELATED INFORMATION 2022
January 24, 2022	IRBA to launch the new Firm and Engagement Quality Management Standards - towards restoring confidence and enhancing audit quality
January 19, 2022	IRBA completed its investigation process on all SAA complaints between 2017 and 2019
January 18, 2022	EXTENSION OF THE PUBLIC COMMENT PERIOD FOR THE PROPOSED DISCIPLINARY RULES FOR REGISTERED AUDITORS
January 17, 2022	Impact on auditor ethics and independence in an uncertain environment

2021

December 06, 2021	IRBA successfully defends challenge to MAFR by East Rand Member District of Chartered Accountants
November 22, 2021	IRBA opens draft proposed Disciplinary Rules for Registered Auditors for public comment
November 15, 2021	CALL FOR NOMINATIONS TO SERVE ON THE DISCIPLINARY COMMITTEE
November 11, 2021	New Proposed International Standard for Less Complex Entities
October 11, 2021	48% of JSE Listed entities have rotated at least once since June 2017 - Covid does not appear to have an impact on the pace of rotations
October 08, 2021	Fraud and the role of auditors - what more can be done to detect fraud risk?
September 21, 2021	CALL FOR NOMINATIONS TO SERVE ON THE EDUCATION, TRAINING AND PROFESSIONAL DEVELOPMENT COMMITTEE (EDCOM)
August 13, 2021	IRBA to refer non-audit complaints to professional bodies
August 13, 2021	IRBA guide on the implementation of search and seizure provisions published for comment
August 03, 2021	CALL FOR NOMINATION OF PERSONS TO SERVE ON THE INSPECTIONS COMMITTEE (INSCOM) OF THE INDEPENDENT REGULATORY BOARD FOR AUDITORS (IRBA)
July 30, 2021	ACCREDITATION COMMITTEE OF THE IRBA AND PANEL OF SUBJECT MATTER EXPERTS: CALL FOR NOMINATIONS
July 19, 2021	IRBA heeds stakeholder calls and opens consultation on Enhancing Disclosures in Audit Reports
July 06, 2021	ASSURANCE FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2021
July 02, 2021	IRBA IMPLEMENTS THE PROTECTION OF PERSONAL INFORMATION ACT, 4 OF 2013 (POPIA)
June 18, 2021	CEO update on the new IRBA Board
June 14, 2021	MEDIA STATEMENT: IRBA BOARD
June 09, 2021	INVESTIGATING COMMITTEE OF THE IRBA CALL FOR NOMINATIONS
May 04, 2021	DISCIPLINARY HEARING SCHEDULE
May 02, 2021	Amended Act Strengthens IRBA's Investigation and Disciplinary Powers
April 29, 2021	IRBA RE-ELECTED TO THE IFIAR BOARD FOR ANOTHER FOUR-YEAR TERM
April 07, 2021	ACCREDITATION COMMITTEE OF THE IRBA: SUBJECT MATTER EXPERTS CALL FOR APPLICATIONS
March 18, 2021	IRBA approves IAASB revised suite of quality management standards for early adoption Strengthening the foundation of audit quality
March 16, 2021	Refocussed IRBA strategy aims to enhance audit quality and address gaps
March 12, 2021	FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2021
March 09, 2021	INVESTIGATING COMMITTEE OF THE IRBA CALL FOR NOMINATIONS
March 09, 2021	IRBA's Second AQI Report outlines actionable recommendations for audit quality
March 08, 2021	IRBA announces Acting Director: Inspections
March 07, 2021	Early adopters on the JSE drive MAFR up to 43%
March 01, 2021	Irba introduces acting CEO
February 25, 2021	Caretaker Board at Irba issues call for nominations to serve on the Board
February 16, 2021	IRBA updates the market on governance steps taken by Caretaker Board
February 01, 2021	ONLINE SUBMISSION OF ASSURANCE WORK DECLARATION AND FIRM RELATED INFORMATION 2021
January 28, 2021	THE INDEPENDENT REGULATORY BOARD FOR AUDITORS BOARD OF DIRECTORS DISSOLVED

2020

December 11, 2020	IRBA expresses disappointment at soft sanction against Deloitte auditor
December 11, 2020	Disciplinary Committee's Sanction Ruling: IRBA vs M Jordan
November 19, 2020	Disciplinary Committee's merits ruling in the African Bank matter
November 12, 2020	IRBA Mourns the death of Auditor General Kimi Makwetu
August 28, 2020	AUDIT DEVELOPMENT COMMITTEE (ADCOM) OF THE IRBA: CALL FOR NOMINATIONS
July 16, 2020	IRBA confirms investigation into auditors of EOH
July 15, 2020	ACCREDITATION COMMITTEE OF THE IRBA: CALL FOR NOMINATIONS - SUBJECT MATTER EXPERTS
June 30, 2020	Auditors' duty to report RIs on non-compliance with EAAB regulatory deadline of 30 June 2020
June 30, 2020	INSPECTIONS COMMITTEE OF THE IRBA CALL FOR NOMINATIONS
June 21, 2020	25% of JSE-listed entities have rotated audit firms ahead of 2023 MAFR deadline
May 29, 2020	ASSURANCE FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2020
May 29, 2020	African Bank / Deloitte final arguments will proceed in June
May 22, 2020	DISCIPLINARY COMMITTEE OF THE IRBA CALL FOR NOMINATIONS
May 22, 2020	EDUCATION, TRAINING AND PROFESSIONAL DEVELOPMENT COMMITTEE OF THE IRBA CALL FOR NOMINATIONS
May 15, 2020	INVESTIGATIONS COMMITTEE OF THE IRBA: CALL FOR NOMINATIONS
May 14, 2020	IRBA draws attention to the Key Audit Matters in auditor's reports as it relates to COVID-19
May 11, 2020	DISCIPLINARY COMMITTEE OF THE IRBA: CALL FOR NOMINATIONS
May 05, 2020	African Bank Deloitte final arguments set for June
April 28, 2020	IRBA Board appoints Jenitha John as new CEO
April 23, 2020	AUDIT DEVELOPMENT COMMITTEE OF THE IRBA CALL FOR APPLICATIONS
April 20, 2020	A Fine Balancing Act for Market Recovery By Bernard Agulhas, CEO of the Independent Regulatory Board for Auditors
April 03, 2020	MONITORING COMMITTEE OF THE IRBA CALL FOR NOMINATIONS
April 02, 2020	INVESTIGATIONS COMMITTEE OF THE IRBA CALL FOR NOMINATIONS
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	THE FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 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	Change to Practice on Sanctions for Improper Conduct
February 01, 2020	NEW PROCESS: ONLINE SUBMISSION OF ASSURANCE WORK DECLARATION AND FIRM RELATED INFORMATION 2020

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

2013

September 03, 2013

South Africa maintains first position for the strength of Auditing and Reporting standards for five years in a row

News

IRBA Issues Its First Reportable Irregularities Report in Efforts to Enhance Transparency and Bolster Stakeholder Confidence in the Audit Product

Public Comments for proposed IRBA Fees with Effect from 1 April 2025

Disciplinary Hearing Schedule

2024/2025 Assurance Fees Payable to the IRBA as of 1 June 2024

Seamless transition as IRBA Board term comes to an end; Board, Chair and Deputy Chair reappointed for a second term

Disciplinary Hearing Schedule

IRBA Announces Measures to Enhance Pipeline of Registered Candidate Auditors and Boost Profession's Appeal

Disciplinary Hearing Schedule

IRBA Imposes Fine and Permanent Disqualification on Auditor for Breach of Ethical Standards

Disciplinary Hearing Schedule

Annual Renewal 2024

AUDIT DEVELOPMENT COMMITTEE OF THE IRBA CALL FOR NOMINATIONS

Nominations to the Inspections Committee

Firm Annual Returns: Firm Assurance Work Declaration and Public Practice Questionnaire with Firm-related Information 2024

IRBA releases reviews on 2023 Audit Quality Indicators and Public Inspections Outcomes

IRBA ends 2023 with a 30 percent reduction in backlog of investigations

Notice of withdrawal and reissuance of Maximum Fines for Auditors guilty of improper conduct

Archives

2023

2022

2021

2020

2019

2018

2017

2016

2015

2013

Social Media