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|Companies Act Section 90(2)|
Change in the method of recovery of cost for inspections performed by the IRBA
Johannesburg / 22 December 2011
I refer to our communication of 14 November 2011 relating to the above, which was e-mailed to RAs and is on our website.
In this communication, we stated that we would send out detailed documentation relating to the change in the process of Inspection fee billing before the end of December 2011.
Please note that this documentation will now be sent to you in January 2012.
Bernard Peter Agulhas
Chief Executive Officer
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.