Press Releases

IRBA heeds stakeholder calls and opens consultation on Enhancing Disclosures in Audit Reports

July 19, 2021

IRBA heeds stakeholder calls and opens consultation on Enhancing Disclosures in Audit Reports.

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.

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 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

Introducing Irba's acting CEO.

February 25, 2021

Call for nominations to serve on the Board.

February 16, 2021

IRBA updates the market on governance steps taken by Caretaker Board.

2020

December 11, 2020	IRBA expresses disappointment at soft sanction against Deloitte auditor
November 12, 2020	IRBA Mourns the death of Auditor General Kimi Makwetu
July 16, 2020	IRBA confirms investigation into auditors of EOH
June 30, 2020	Auditors' duty to report RIs on non-compliance with EAAB regulatory deadline of 30 June 2020
June 21, 2020	25% of JSE-listed entities have rotated audit firms ahead of 2023 MAFR deadline
May 29, 2020	African Bank / Deloitte final arguments will proceed in June
May 14, 2020	IRBA draws attention to the Key Audit Matters in auditor's reports as it relates to COVID-19
May 05, 2020	African Bank Deloitte final arguments set for June
April 28, 2020	IRBA Board appoints Jenitha John as new CEO
April 20, 2020	A Fine Balancing Act for Market Recovery By Bernard Agulhas, CEO of the Independent Regulatory Board for Auditors
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

2019

December 02, 2019	IRBA launches Audit Quality Indicators: Evaluating audit quality and promoting transparency of audit firms
October 29, 2019	IRBA achieves a decade of clean audit opinions
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
July 01, 2019	Hearing Dates for Deloitte auditors on African Bank
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
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

2018

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
November 07, 2018	IRBA responds regarding actions against auditors of VBS
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 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 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

2017

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 06, 2017	MAFR: FREQUENTLY ASKED QUESTIONS
June 02, 2017	MAFR gazetted to enhance auditor independence and protect public interest
March 16, 2017	IRBA Inspections Report shows decline in audit quality
March 14, 2017	Real empowerment remains an evasive ideal
February 18, 2017	IRBA TURNS ITS ATTENTION TO PROMOTING MEASURABILITY AND TRANSPARENCY IN AUDIT
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

2016

October 25, 2016	The IRBA issues consultation paper on Mandatory Audit Firm Rotation
September 28, 2016	South Africa retains pole position for auditing and reporting standards for seventh year in a row
September 26, 2016	The IRBA announces timeline for public participation process around mandatory audit firm rotation
September 06, 2016	The IRBA recognised by EU Commission as an Equivalent Competent Authority
August 31, 2016	Deadline approaches for the IRBA Withdrawal from B-BBEE Assurance Services Regulation
August 29, 2016	The IRBA announces measures to strengthen auditor independence and enhance investor protection
July 11, 2016	How independent is your auditor and audit committee?

2015

December 11, 2015	The IRBA mandates disclosure of audit tenure
December 03, 2015	Calling Boards and Audit Committees to Action in Strengthening Audit Quality in South Africa
November 12, 2015	Inspections Findings Newsflash
September 30, 2015	South Africa maintains first position for the strength of Auditing and Reporting Standards for six years in a row
July 29, 2015	Audit Regulator overview on the new Auditor Reporting Standards
July 01, 2015	SAFM Interview with Rene Kenosi Chairman of the IRBA
June 08, 2015	Rene Kenosi Appointed First Black Female Chairman of The Independent Regulatory Board For Auditors
March 20, 2015	An article on March 16 in Business Report under the headline New law set to change the face of auditing contained inaccuracies
March 17, 2015	IRBA welcomes outcome of voting on the Auditing Profession Amendment Bill

2013

September 03, 2013

South Africa maintains first position for the strength of Auditing and Reporting standards for five years in a row

Press Releases

IRBA heeds stakeholder calls and opens consultation on Enhancing Disclosures in Audit Reports

Amended Act Strengthens IRBA's Investigation and Disciplinary Powers

IRBA RE-ELECTED TO THE IFIAR BOARD FOR ANOTHER FOUR-YEAR TERM

IRBA approves IAASB revised suite of quality management standards for early adoption Strengthening the foundation of audit quality

Refocussed IRBA strategy aims to enhance audit quality and address gaps

IRBA's Second AQI Report outlines actionable recommendations for audit quality

IRBA announces Acting Director: Inspections

Early adopters on the JSE drive MAFR up to 43%

Irba introduces acting CEO

Caretaker Board at Irba issues call for nominations to serve on the Board

IRBA updates the market on governance steps taken by Caretaker Board

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