The function of the IRBA is to help create an ethical, value-driven financial sector that encourages investment, creates confidence in the financial markets and promotes sound practices.
Here are 5 things to know about the IRBA:
1. The IRBA’s role is to protect the public by regulating the auditing profession and setting auditing and ethics standards.
3. The IRBA issued its first public Inspections report in 2015.
4. The IRBA launched the Auditing Development Programme, a new way of qualifying registered auditors in 2015.
5. The IRBA received approval of the South African Qualifications Authority (SAQA) for the Registered Auditor (RA) designation.
-BUSINESS REPORT ONLINE