General News

2022/2023 ASSURANCE FEES PAYABLE TO THE IRBA WITH EFFECT FROM 10 JUNE 2022

  • June 14, 2022

2022/2023 Assurance fees payable to the IRBA with effect from 10 June 2022.

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IRBA Announces New Telephone Contact Details

  • May 27, 2022

We would like to inform all our stakeholders that following a recent partnership agreement with a new service provider for our calling services, our telephone contact details have now changed. The new switchboard number is 010 496-0600.

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IRBA Appeals High Court Judgement on IRBA Fees

  • May 06, 2022

The Independent Regulatory Board for Auditors (IRBA) recently received a judgement handed down in the North Gauteng High Court regarding an application brought by the East Rand Member District of Chartered Accountants (ERMD) for the review and setting aside of certain fees and fee increases prescribed by the IRBA during the 2019/2020 and 2020/2021 financial years.

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FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2022

  • March 28, 2022

Section 8 of the Auditing Profession Act No. 26 of 2005, as amended, gives the Independent Regulatory Board for Auditors (IRBA) the power to determine the fees that are payable to the regulator, in respect of the performance of some of its legislated functions and other related services.

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IRBA PUBLISHES NEW DISCIPLINARY RULES FOR REGISTERED AUDITORS

  • March 28, 2022

Following a public comment process, the Board of the Independent Regulatory Board for Auditors (IRBA) approved the publication of the revised disciplinary rules (rules) in the Government Gazette. The rules will come into effect on 1 April 2022.

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PRESCRIPTION OF REVISED REGISTRATION, RE-REGISTRATION AND ANNUAL RENEWAL REQUIREMENTS, IN TERMS OF THE AUDITING PROFESSION ACT 26 OF 2005

  • March 16, 2022

The IRBA is a Supervisory Body in terms of the Financial Intelligence Centre Act 38 of 2001. Following the Financial Action Task Force's (FATF) review of South Africa's anti-money laundering and counter-terrorist financing measures in 2019, and the subsequent FATF's Mutual Evaluation report issued in October 2021, priority actions were recommended for implementation by South Africa to address the key deficiencies identified during the evaluation. These deficiencies included the lack of criminal verifications in relation to beneficial owners.

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ONLINE SUBMISSION OF ASSURANCE WORK DECLARATION AND FIRM RELATED INFORMATION 2022

  • February 05, 2022

The firm assurance work declaration and firm related information are now available for submission on the IRBA website.

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