Home Audit News 12 June 2012

12 June 2012

Withdrawal of A Guide for Registered Auditors: The Auditor Attending the Annual General Meeting

 

 

Johannesburg / 12 June 2012

 

A Guide for Registered Auditors: The Auditor Attending the Annual General Meeting, was issued in September 2008 to provide guidance for auditors in complying with the requirements of Section 300A included in the Companies Act, Act No. 61 of 1973 by the Corporate Laws Amendment Act, Act No. 24 of 2006.

 

As attendance by the registered auditor at the annual general meeting of a company is no longer a requirement of the Companies Act, 2008, the guidance is out of date and may be misleading. Accordingly, the Committee for Auditing Standards (CFAS) has resolved that this Guide is hereby withdrawn with immediate effect.

 

Should you have any further queries please do not hesitate to contact the Standards Department at +27 (0)87 940 8800 or send an email to This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

 

Sandy van Esch
Director: Standards

 

Download this communiqué in (Doc | PDF) format.

 

 

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.