News

Memorial Tribute: Imran Vanker

  • December 06, 2024

The memorial tribute event to acknowledge the sad passing of Imran Vanker, Director: Standards, with his eldest daughter Sara will be held on 10 December at 13h00 CAT. The venue has limited seating, so there is a hybrid option for those wishing to join the memorial and tributes.

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IRBA Mourns the Sad Passing of Imran Vanker, Director - Standards

  • November 26, 2024

It is with a heavy heart that the Independent Regulatory Board for Auditors (IRBA) announces the untimely and tragic passing of Imran Vanker, our Director Standards and member of the management committee, and his daughter, Sara, in a fatal motor accident on Monday, 25 November 2024.

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Call for the Nomination of Registered Auditors to Serve on the Committee for Auditing Standards

  • November 22, 2024

Call for nominations to serve on the Committee for Auditing Standards.

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IRBA Issues Its First Reportable Irregularities Report in Efforts to Enhance Transparency and Bolster Stakeholder Confidence in the Audit Product

  • November 15, 2024

The IRBA's first-ever publication of the Reportable Irregularities Report 2022/2023 aims to not only embolden registered auditors, but to provide stakeholders with comprehensive feedback on the nature of RIs reported over a specific period and the measures taken to address them.

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Public Comments for proposed IRBA Fees with Effect from 1 April 2025

  • November 01, 2024

This letter serves to communicate to you our proposed fees increases for the 2025/2026 financial year.

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Disciplinary Hearing Schedule

  • October 07, 2024

Disciplinary hearing schedule - October 2024.

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2024/2025 Assurance Fees Payable to the IRBA as of 1 June 2024

  • June 20, 2024

Assurance Fees Payable to the IRBA as of 1 June 2024.

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Disciplinary Hearing Schedule

  • June 13, 2024

Disciplinary hearing schedule for June 2024.

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IRBA Announces Measures to Enhance Pipeline of Registered Candidate Auditors and Boost Profession's Appeal

  • May 23, 2024

The Independent Regulatory Board for Auditors (IRBA) is taking decisive action to strengthen the pipeline of Registered Candidate Auditors (RCAs) and improve the attractiveness of the auditing profession.

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Disciplinary Hearing Schedule

  • May 07, 2024

Disciplinary hearing schedule - May 2024.

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IRBA Imposes Fine and Permanent Disqualification on Auditor for Breach of Ethical Standards

  • April 28, 2024

IRBA imposes fine and permanent disqualification on auditor for breach of ethical standards.

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Disciplinary Hearing Schedule

  • April 09, 2024

Disciplinary hearing schedule - April 2024.

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Annual Renewal 2024

  • April 03, 2024

Annual individual renewal 2024 now open for submission.

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Nominations to the Inspections Committee

  • February 23, 2024

Call for nominations to the Inspections Committee.

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Firm Annual Returns: Firm Assurance Work Declaration and Public Practice Questionnaire with Firm-related Information 2024

  • February 19, 2024

The annual renewal process for firms to submit their returns is now open on the Independent Regulatory Board for Auditors' (IRBA) website.

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IRBA releases reviews on 2023 Audit Quality Indicators and Public Inspections Outcomes

  • February 16, 2024

The Independent Regulatory Board for Auditors (IRBA) has released two annual reviews covering outcomes in the 2023 year for public consumption.

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IRBA ends 2023 with a 30 percent reduction in backlog of investigations

  • January 08, 2024

A 30 percent decrease in investigations backlog from the 2021 financial year to date.

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Notice of withdrawal and reissuance of Maximum Fines for Auditors guilty of improper conduct

  • January 05, 2024

Notice of withdrawal of the notice of maximum fines for improper conduct of registered auditors issued on 15 June 2023.

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Archives

December 08, 2022 IRBA publishes fourth Audit Quality Indicators Report Talent turnover at manager and supervisory level is a growing risk to audit quality
November 30, 2022 MONITORING COMMITTEE OF THE IRBA - CALL FOR NOMINATIONS
November 06, 2022 MAFR rotations of listed entities is almost complete
October 31, 2022 IRBA appoints Ms Ntlambi Gulwa as Director: Inspections
October 19, 2022 DISCIPLINARY HEARING SCHEDULE
September 27, 2022 IRBA unveils its new brand
September 22, 2022 DISCIPLINARY HEARING SCHEDULE
September 21, 2022 MAXIMUM MONETARY FINES IN TERMS OF AUDITING PROFESSION ACT, 2005 - CALL FOR COMMENTS
September 07, 2022 IRBA appoints Imre Nagy as new CEO
August 03, 2022 DISCIPLINARY HEARING SCHEDULE
July 01, 2022 Call for Nominations/Applications of persons to serve on the board of the IRBA
June 14, 2022 2022/2023 ASSURANCE FEES PAYABLE TO THE IRBA WITH EFFECT FROM 10 JUNE 2022
May 27, 2022 IRBA Announces New Telephone Contact Details
May 06, 2022 IRBA Appeals High Court Judgement on IRBA Fees
April 08, 2022 INVESTIGATING COMMITTEE OF THE IRBA: CALL FOR NOMINATIONS
April 04, 2022 New disciplinary rules for registered auditors gazetted
March 28, 2022 FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2022
March 28, 2022 IRBA PUBLISHES NEW DISCIPLINARY RULES FOR REGISTERED AUDITORS
March 16, 2022 PRESCRIPTION OF REVISED REGISTRATION, RE-REGISTRATION AND ANNUAL RENEWAL REQUIREMENTS, IN TERMS OF THE AUDITING PROFESSION ACT 26 OF 2005
February 21, 2022 Call for Nominations to Serve on the IRBA's Monitoring Committee: Academic vacancies
February 18, 2022 Call for Nominations to serve on the IRBA's Accreditation Committee: Senior Academic
February 05, 2022 ONLINE SUBMISSION OF ASSURANCE WORK DECLARATION AND FIRM RELATED INFORMATION 2022
January 24, 2022 IRBA to launch the new Firm and Engagement Quality Management Standards - towards restoring confidence and enhancing audit quality
January 19, 2022 IRBA completed its investigation process on all SAA complaints between 2017 and 2019
January 18, 2022 EXTENSION OF THE PUBLIC COMMENT PERIOD FOR THE PROPOSED DISCIPLINARY RULES FOR REGISTERED AUDITORS
January 17, 2022 Impact on auditor ethics and independence in an uncertain environment
December 06, 2021 IRBA successfully defends challenge to MAFR by East Rand Member District of Chartered Accountants
November 22, 2021 IRBA opens draft proposed Disciplinary Rules for Registered Auditors for public comment
November 15, 2021 CALL FOR NOMINATIONS TO SERVE ON THE DISCIPLINARY COMMITTEE
November 11, 2021 New Proposed International Standard for Less Complex Entities
October 11, 2021 48% of JSE Listed entities have rotated at least once since June 2017 - Covid does not appear to have an impact on the pace of rotations
October 08, 2021 Fraud and the role of auditors - what more can be done to detect fraud risk?
September 21, 2021 CALL FOR NOMINATIONS TO SERVE ON THE EDUCATION, TRAINING AND PROFESSIONAL DEVELOPMENT COMMITTEE (EDCOM)
August 13, 2021 IRBA to refer non-audit complaints to professional bodies
August 13, 2021 IRBA guide on the implementation of search and seizure provisions published for comment
August 03, 2021 CALL FOR NOMINATION OF PERSONS TO SERVE ON THE INSPECTIONS COMMITTEE (INSCOM) OF THE INDEPENDENT REGULATORY BOARD FOR AUDITORS (IRBA)
July 30, 2021 ACCREDITATION COMMITTEE OF THE IRBA AND PANEL OF SUBJECT MATTER EXPERTS: CALL FOR NOMINATIONS
July 19, 2021 IRBA heeds stakeholder calls and opens consultation on Enhancing Disclosures in Audit Reports
July 06, 2021 ASSURANCE FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2021
July 02, 2021 IRBA IMPLEMENTS THE PROTECTION OF PERSONAL INFORMATION ACT, 4 OF 2013 (POPIA)
June 18, 2021 CEO update on the new IRBA Board
June 14, 2021 MEDIA STATEMENT: IRBA BOARD
June 09, 2021 INVESTIGATING COMMITTEE OF THE IRBA CALL FOR NOMINATIONS
May 04, 2021 DISCIPLINARY HEARING SCHEDULE
May 02, 2021 Amended Act Strengthens IRBA's Investigation and Disciplinary Powers
April 29, 2021 IRBA RE-ELECTED TO THE IFIAR BOARD FOR ANOTHER FOUR-YEAR TERM
April 07, 2021 ACCREDITATION COMMITTEE OF THE IRBA: SUBJECT MATTER EXPERTS CALL FOR APPLICATIONS
March 18, 2021 IRBA approves IAASB revised suite of quality management standards for early adoption Strengthening the foundation of audit quality
March 16, 2021 Refocussed IRBA strategy aims to enhance audit quality and address gaps
March 12, 2021 FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2021
March 09, 2021 INVESTIGATING COMMITTEE OF THE IRBA CALL FOR NOMINATIONS
March 09, 2021 IRBA's Second AQI Report outlines actionable recommendations for audit quality
March 08, 2021 IRBA announces Acting Director: Inspections
March 07, 2021 Early adopters on the JSE drive MAFR up to 43%
March 01, 2021 Irba introduces acting CEO
February 25, 2021 Caretaker Board at Irba issues call for nominations to serve on the Board
February 16, 2021 IRBA updates the market on governance steps taken by Caretaker Board
February 01, 2021 ONLINE SUBMISSION OF ASSURANCE WORK DECLARATION AND FIRM RELATED INFORMATION 2021
January 28, 2021 THE INDEPENDENT REGULATORY BOARD FOR AUDITORS BOARD OF DIRECTORS DISSOLVED
December 11, 2020 IRBA expresses disappointment at soft sanction against Deloitte auditor
December 11, 2020 Disciplinary Committee's Sanction Ruling: IRBA vs M Jordan
November 19, 2020 Disciplinary Committee's merits ruling in the African Bank matter
November 12, 2020 IRBA Mourns the death of Auditor General Kimi Makwetu
August 28, 2020 AUDIT DEVELOPMENT COMMITTEE (ADCOM) OF THE IRBA: CALL FOR NOMINATIONS
July 16, 2020 IRBA confirms investigation into auditors of EOH
July 15, 2020 ACCREDITATION COMMITTEE OF THE IRBA: CALL FOR NOMINATIONS - SUBJECT MATTER EXPERTS
June 30, 2020 Auditors' duty to report RIs on non-compliance with EAAB regulatory deadline of 30 June 2020
June 30, 2020 INSPECTIONS COMMITTEE OF THE IRBA CALL FOR NOMINATIONS
June 21, 2020 25% of JSE-listed entities have rotated audit firms ahead of 2023 MAFR deadline
May 29, 2020 ASSURANCE FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2020
May 29, 2020 African Bank / Deloitte final arguments will proceed in June
May 22, 2020 DISCIPLINARY COMMITTEE OF THE IRBA CALL FOR NOMINATIONS
May 22, 2020 EDUCATION, TRAINING AND PROFESSIONAL DEVELOPMENT COMMITTEE OF THE IRBA CALL FOR NOMINATIONS
May 15, 2020 INVESTIGATIONS COMMITTEE OF THE IRBA: CALL FOR NOMINATIONS
May 14, 2020 IRBA draws attention to the Key Audit Matters in auditor's reports as it relates to COVID-19
May 11, 2020 DISCIPLINARY COMMITTEE OF THE IRBA: CALL FOR NOMINATIONS
May 05, 2020 African Bank Deloitte final arguments set for June
April 28, 2020 IRBA Board appoints Jenitha John as new CEO
April 23, 2020 AUDIT DEVELOPMENT COMMITTEE OF THE IRBA CALL FOR APPLICATIONS
April 20, 2020 A Fine Balancing Act for Market Recovery By Bernard Agulhas, CEO of the Independent Regulatory Board for Auditors
April 03, 2020 MONITORING COMMITTEE OF THE IRBA CALL FOR NOMINATIONS
April 02, 2020 INVESTIGATIONS COMMITTEE OF THE IRBA CALL FOR NOMINATIONS
March 25, 2020 IRBA shares guidance with auditors on the implications of COVID-19 on audits and auditors
March 24, 2020 Sharemax disciplinary hearing postponed to October 2020
March 23, 2020 IRBA takes steps to assist government with containment of community transmissions
March 23, 2020 THE FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2020
March 16, 2020 Sharemax hearing temporarily adjourns
March 02, 2020 Court rules on disclosure of documents in MAFR challenge
February 26, 2020 IRBA foresees audit reforms will regain confidence in profession if audit firms follow suit
February 07, 2020 Update on CEO Recruitment Process
February 05, 2020 Change to Practice on Sanctions for Improper Conduct
February 01, 2020 NEW PROCESS: ONLINE SUBMISSION OF ASSURANCE WORK DECLARATION AND FIRM RELATED INFORMATION 2020
December 03, 2019 ACCREDITATION COMMITTEE OF THE IRBA: CALL FOR NOMINATIONS
December 02, 2019 IRBA launches Audit Quality Indicators: Evaluating audit quality and promoting transparency of audit firms
November 21, 2019 INSITITUTE OF INTERNAL AUDITORS Launch of State of Governance Report
October 29, 2019 IRBA achieves a decade of clean audit opinions
October 16, 2019 DISCIPLINARY COMMITTEE OF THE IRBA: CALL FOR NOMINATIONS
October 09, 2019 Slight improvement in perception of auditing and accounting standards and shareholder governance
October 07, 2019 21 percent of JSE-listed companies have changed their auditors ahead of MAFR deadline
September 26, 2019 Hearing Dates on African Bank - hearing should conclude in December 2019
September 09, 2019 CALL FOR NOMINATIONS TO SERVE ON THE STATUTORY COMMITTEES OF THE IRBA
July 01, 2019 Hearing Dates for Deloitte auditors on African Bank
June 12, 2019 ASSURANCE FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2019
May 16, 2019 CALL FOR PERSONS TO SERVE ON THE DISCIPLINARY COMMITTEE OF THE INDEPENDENT REGULATORY BOARD FOR AUDITORS
April 01, 2019 17 percent of JSE-listed companies have rotated auditors ahead of MAFR
March 28, 2019 Linkway Trading auditor deregistered - ordered to contribute to costs
March 19, 2019 IRBA investigation into Steinhoff auditors will recommence once restated financials are released
March 15, 2019 DISCLOSURE OF ASSURANCE STATUS ON IRBA WEBSITE AND HOW TO CHANGE YOUR STATUS
March 05, 2019 FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2019
February 19, 2019 IRBA inspections reveal recurring quality deficiency themes
February 15, 2019 IRBA concludes sanctions hearings on Gupta-linked Linkway auditor
February 07, 2019 NOTICE OF HEARING: Sanction hearing for former auditor of Linkway Trading
February 07, 2019 The IRBA welcomes the introduction of the Financial Matters Amendment Bill with APA Amendments
February 04, 2019 Comments on the Financial Matters Amendment Bill
January 31, 2019 CALL FOR NOMINATION OF PERSONS TO SERVE ON THE BOARD AND STATUTORY COMMITTEES OF THE INDEPENDENT REGULATORY BOARD FOR AUDITORS (IRBA)
December 14, 2018 ANNUAL FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2019
December 14, 2018 In the matter of African Bank Deloitte
December 10, 2018 CALL FOR NOMINATION OF PERSONS TO SERVE ON THE BOARD AND STATUTORY COMMITTEES OF THE INDEPENDENT REGULATORY BOARD FOR AUDITORS (IRBA)
December 10, 2018 NITASHA NAICKER APPOINTED DIRECTOR OPERATIONS
November 07, 2018 IRBA responds regarding actions against auditors of VBS
September 17, 2018 Auditing Profession Act Amendments 2018 Continued regulatory improvement for public protection
September 12, 2018 AFIAAR adopts strategy for continental integration of accounting and auditing regulation
August 21, 2018 NOTICE OF HEARING
August 02, 2018 33% of all audit firm rotations since 2017 due to MAFR
July 31, 2018 IRBA issues notice of transparency reporting for audit firms
July 05, 2018 Hearing of evidence into conduct of auditor for Linkway Trading concludes
June 19, 2018 Firm Fees Payable to the IRBA with Effect from 01 April 2018
June 12, 2018 IRBA welcomes standard setting reform focused on greater independence and enhanced public interest focus
May 04, 2018 A few bad auditors have cost many good people their reputations IRBA takes steps to mitigate collateral damage
April 18, 2018 IRBA Act Amendments will strengthen oversight powers
April 13, 2018 IRBA CEO addresses Zimbabwe Accountants Conference (ZAC2018) on Ethics
March 12, 2018 FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2018
March 02, 2018 1st AFIAAR meeting heralds new focus on independent accounting and auditing regulation in Africa
February 25, 2018 IRBA identifies lines of inquiry but requires restated financials for Steinhoff
February 08, 2018 IRBA deals firmly with crisis of confidence in accounting and auditing professions
February 02, 2018 IRBA Board trusts Agulhas to navigate current audit landscape
January 12, 2018 Update on IRBA investigations into KPMG
December 15, 2017 IRBA confirms investigation into conduct of Steinhoff auditors
December 14, 2017 IRBA beefs up sanctions and will pursue amendments to the Act
December 07, 2017 Accounting irregularities do not necessarily indicate an audit failure
September 27, 2017 Drop in SA WEF ranking is regrettable but expected
September 20, 2017 SAICA has no legal mandate to lead independent inquiries
September 17, 2017 KPMG Matter
September 10, 2017 IRBA welcomes international boards' drive to focus on professional scepticism
September 07, 2017 SHAREHOLDERS ARE HAVING THEIR SAY ON AUDITOR APPOINTMENTS
August 18, 2017 The Independent Regulatory Board for Auditors appoints its new chairman
June 30, 2017 Audit regulator launches probe into KPMG audits of Linkway Trading
June 21, 2017 IRBA says additional measures required to promote transformation of audit profession
June 12, 2017 RULE ON MANDATORY AUDIT FIRM ROTATION
June 06, 2017 MAFR: FREQUENTLY ASKED QUESTIONS
June 02, 2017 MAFR gazetted to enhance auditor independence and protect public interest
June 02, 2017 Inspection Fees Payable to the IRBA with Effect from 01 April 2017
May 05, 2017 TENDER IRBA017/2017
April 10, 2017 ANNUAL RENEWAL DOCUMENTS AVAILABLE ON WEBSITE
March 16, 2017 IRBA Inspections Report shows decline in audit quality
March 14, 2017 Real empowerment remains an evasive ideal
March 10, 2017 FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2017
February 18, 2017 IRBA TURNS ITS ATTENTION TO PROMOTING MEASURABILITY AND TRANSPARENCY IN AUDIT
February 13, 2017 NEW PROCESS FOR UPDATING PERSONAL AND FIRM DETAILS AND ANNUAL RENEWAL
February 07, 2017 Audit Regulator welcomes public hearing into audit firm rotation
February 02, 2017 Board Appointments by the Finance Minister to the Independent Regulatory Board for Auditors
January 20, 2017 IRBA Comment process yields solid engagement