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IRBA refocuses strategy to enhance audit quality Joe Pickard March 16, 2021 (Last Updated March 16th, 2021 12:27) Share Article South Africa’s Independent Regulatory Board for Auditors (IRBA) has refocussed its strategy with the aim of enhancing audit quality and to address gaps in the audit profession and the broader financial reporting ecosystem. The South African audit profession has faced a number of challenges in recent years following several high-profile corporate and audit failures. IRBA addressed its new strategy in a letter to the National Treasury, in which it highlighted that, despite the challenges of recent years, there is broad consensus that auditors remain a key stakeholder in protecting the interests of the investing public and are an important contributor in attracting ‘much needed’ investments into the country.

South africaSouth africanJenitha johnImre nagyAudit firm rotationNational treasuryIndependent regulatory boardCaretaker boardMandatory audit firm rotationAudit quality indicatorsAuditing profession amendmentRestoring confidenceஇமெ நாகிதணிக்கை நிறுவனம் சுழற்சிதேசிய கருவூலம்சுயாதீனமான ஒழுங்குமுறை பலகை