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Audit regulator’s ‘flagrant failure’ to follow Auditing Professions Act | SA News

South Africa’s Independent Regulatory Board of Auditors (Irba) has been blasted by the High Court in Johannesburg for failing to follow the empowering provisions of the Auditing Professions Act (APA) when investigating a complaint against an auditor.

Judge Mandlenkosi Motha said in a judgment handed down on Friday that Irba’s failure to follow the act “coloured the entire process with arbitrariness”.

Auditors lack appropriate professional scepticism and professional judgement
Labat successfully appeals judgment on ‘excessive fees’ charged by auditors

Thomas Lessing, a Serengeti Estates resident and member of…

The Knysna Oyster Festival: This annual festival celebrates the local oyster harvest
and includes various activities and events centered around food and culture.

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  1. Fun South African Fact: The national animal of South Africa is the Springbok, the only southern African gazelle.

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