APC: Lower pass rate confirms how tough CA(SA) qualification standards are

The results of the Assessment of Professional Competence (APC) – the final hurdle in the seven-year (minimum) chartered accountancy qualification journey – recently released yielded critical insight into the quality of newly qualified CAs(SA) being produced for business. While the results reflect a decline in the pass rate, which stands at 68% for the 2018…

CPD: New long association rules for auditors long overdue?

The 2018 edition of the International Ethics Standards Board for Professional Accountants (IESBA) Code (renamed the International Code of Ethics for Professional Accountants (including International Independence Standards)) was completely rewritten under a new structure and drafting convention which makes it easier to navigate, use and enforce. The South African Institute of Chartered Accountants (SAICA) has…