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IRBA refocuses strategy to enhance audit quality - International Accounting Bulletin


IRBA refocuses strategy to enhance audit quality
Joe Pickard
March 16, 2021 (Last Updated March 16th, 2021 12:27)
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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 Africa , South African , Jenitha John , Imre Nagy , Audit Firm Rotation , National Treasury , Independent Regulatory Board , Caretaker Board , Mandatory Audit Firm Rotation , Audit Quality Indicators , Auditing Profession Amendment , Restoring Confidence , இமெ நாகி , தணிக்கை நிறுவனம் சுழற்சி , தேசிய கருவூலம் , சுயாதீனமான ஒழுங்குமுறை பலகை , கவனிப்பவர் பலகை , கட்டாயமாகும் தணிக்கை நிறுவனம் சுழற்சி , தணிக்கை ப்ரொஃபெஶந் திருத்தம் , மீட்டமைத்தல் நம்பிக்கை ,

IRBA chief Jenitha John steps down with immediate effect


Jenitha John resigned as IRBA CEO amid concerns around her non-executive directorship at Tongaat Hulett.
Minister of Finance Tito Mboweni is appointing a caretaker board following the dissolution of the IRBA board.
The caretaker board includes Nonkululeko Gobodo and Roy Andersen, while Imre Nagy serves as acting CEO, and Karen Maree as acting accountant general.
The Independent Regulatory Board of Auditors announced on Tuesday that its CEO Jenitha John tendered her resignation, amid concerns around her non-executive directorship at Tongaat Hulett.
In a statement, IRBA announced that Minister of Finance Tito Mboweni would appoint Nonkululeko Gobodo and Roy Andersen to a caretaker board after the IRBA board was dissolved. ....

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