11 March 2010

Practitioners are reminded that the closing date for comments on the Exposure Draft of Rules Regarding Improper Conduct and the Code of Professional Conduct, issued on 27 November 2009 for public comment is 31 March 2010.

Interested and affected stakeholders are invited to submit written comments on the Exposure Draft to the IRBA. As significant changes to the existing IRBA Code have been effected, the profession is encouraged to consider the implications of the changes and submit comments thereon.

The Committee for Auditor Ethics (CFAE) will consider comments received on the proposed Code prior to adoption of the final Code. All comments received will be regarded as being on public record unless confidentiality is requested.

Please submit written comments, preferably by e-mail, or on a computer disk to:

The Director Standards
Independent Regulatory Board for Auditors
P O Box 751595
Garden View
2047
For attention: Mrs SD van Esch

Tel: + 27 87 940 8871
Fax: + 27 86 575 6535
E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

The Board Notice, Explanatory Memorandum, the Rules and the Code may be downloaded free of charge from the Ethics Standards section of the IRBA website.

Sandy van Esch
Director: Standards

About the IRBA

The objective of the IRBA is to endeavour to protect the financial interests of the South African public and international investors in South Africa through the effective and appropriate regulation of audits conducted by registered auditors, in accordance with internationally recognised standards and processes. The CFAS assists the IRBA to develop and maintain auditing pronouncements which are internationally comparable.

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