Press Releases

IRBA to launch the new Firm and Engagement Quality Management Standards - towards restoring confidence and enhancing audit quality

  • January 24, 2022

New Firm and Engagement Quality Management Standards - towards restoring confidence and enhancing audit quality.

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IRBA completed its investigation process on all SAA complaints between 2017 and 2019

  • January 19, 2022

IRBA completed its investigation process on all SAA complaints between 2017 and 2019.

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EXTENSION OF THE PUBLIC COMMENT PERIOD FOR THE PROPOSED DISCIPLINARY RULES FOR REGISTERED AUDITORS

  • January 18, 2022

Extension of the public comment period for the Proposed Disciplinary Rules for Registered Auditors.

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Impact on auditor ethics and independence in an uncertain environment

  • January 17, 2022

Impact on auditor ethics and independence in an uncertain environment.

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IRBA successfully defends challenge to MAFR by East Rand Member District of Chartered Accountants

  • December 06, 2021

The Independent Regulatory Board for Auditors (IRBA) has received a favourable judgement with costs in the matter of East Rand Member District of Chartered Accountants (ERD) vs the IRBA.

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IRBA opens draft proposed Disciplinary Rules for Registered Auditors for public comment

  • November 22, 2021

Draft proposed Disciplinary Rules for Registered Auditors open for public comment.

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New Proposed International Standard for Less Complex Entities

  • November 11, 2021

New Proposed International Standard for Less Complex Entities.

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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 11, 2021

At June 2020, 25 percent of JSE-listed entities had rotated audit firms - driven by early adoption of compliance to the Mandatory Audit Firm Rotation (MAFR) - this has now almost doubled to 48 percent of entities having rotated - or issued notice of intent to rotate - at least once as at end August 2021.

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Fraud and the role of auditors - what more can be done to detect fraud risk?

  • October 08, 2021

Acting CEO of the Independent Regulatory Board for Auditors, Imre Nagy, recently addressed the Association for Certified Fraud Examiners' (ACFE) 14th annual conference on the Fraud Expectation Gap versus the Audit Expectation.

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IRBA to refer non-audit complaints to professional bodies

  • August 13, 2021

IRBA to refer non-audit complaints to professional bodies.

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IRBA guide on the implementation of search and seizure provisions published for comment

  • August 13, 2021

IRBA guide on the implementation of search and seizure provisions published for comment.

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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.

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Amended Act Strengthens IRBA's Investigation and Disciplinary Powers

  • May 02, 2021

Amended Act Strengthens IRBA's Investigation and Disciplinary Powers.

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

  • April 29, 2021

IRBA re-elected to the IFIAR Board for another four-year term.

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

  • March 18, 2021

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

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Refocussed IRBA strategy aims to enhance audit quality and address gaps

  • March 16, 2021

Refocussed IRBA strategy aims to enhance audit quality and address gaps.

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

  • March 09, 2021

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

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IRBA announces Acting Director: Inspections

  • March 08, 2021

IRBA announces Acting Director: Inspections.

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Early adopters on the JSE drive MAFR up to 43%

  • March 07, 2021

Early adopters on the JSE drive MAFR up to 43%.

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Irba introduces acting CEO

  • March 01, 2021

Introducing Irba's acting CEO.

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

  • February 25, 2021

Call for nominations to serve on the Board.

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IRBA updates the market on governance steps taken by Caretaker Board

  • February 16, 2021

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

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Archives

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 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?
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
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 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