IRBA announces Acting Director: Inspections

Johannesburg, Monday, March 8, 2021 – The Independent Regulatory Board for Auditors (IRBA) has announced the new Acting Director: Inspections in place of Imre Nagy, who has taken up the Acting CEO role. Ms Ntlambi Gulwa, the Acting Director: Inspections, is a CA(SA) and a Registered Auditor (RA) with 15 years of experience in both private and public sectors, mainly in the auditing profession.

Ms Gulwa joined the Independent Regulatory Board for Auditors (IRBA) in 2016 as an inspector. She was shortly promoted to Team Leader: Inspections, responsible for providing leadership, mentoring; and ensuring that quality inspection’s reports are issued - a role she has fulfilled since 2018.

Prior to joining the IRBA, Gulwa served in various positions, the last being an Acting Senior Manager at the Office of the Auditor General of South Africa (AGSA). With two degrees, a BA Education (Economics) and Bachelor of Accounting Sciences (B Compt) as well as a Post Graduate Diploma in Accountancy and Honours (Compt), Ms Gulwa is currently undertaking a Masters in Accounting Science. Ms Gulwa is well qualified for the position and her appointment to Acting Director has been welcomed by management and staff.

Her auditing experience was gained in a medium to large audit firm, after teaching accounting and economics to Grade 10-12 for six years at Senyukele Senior Secondary School (Mt Frere - Eastern Cape). Her experience in auditing encompasses audits of Public Interest Entities (PIEs), large State-Owned-Entities (SOEs), government departments/entities as well as various private companies.

Gulwa’s career is driven by a passion for growth, training and development of young auditors to serve and take on leadership roles in the auditing profession to ensure continued protection of public interest. She is involved in various projects that work towards improving audit quality in the auditing profession, with an overall aim of restoring confidence in the credibility of financial reporting and auditing.

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More about the IRBA:

The IRBA is a public protection statutory body established to protect the financial interests of the public by ensuring registered auditors and their firms deliver services of the highest quality. It upholds audit firm independence to ensure that audit quality is such that it enhances the accuracy and credibility of financial performance reporting. In this way, the IRBA has an important role to play in building the reputation of South Africa as an investment market for both local and global investors and driving economic growth for the country.

The IRBA also registers suitably qualified accountants as auditors, who must adhere to the highest ethics standards, and promotes the auditing profession through the effective regulation of assurance conducted in accordance with internationally recognised standards and processes.