Special Report – Audit Reform

How can auditor independence be enhanced and the audit market be deconcentrated and transformed? Victor Sekese elaborate. The recent reported global and local corporate governance failures have put a spotlight on auditors and their role in the financial reporting process. Furthermore, the revelations at the Zondo Commission have accentuated public debate on the role of…

Integritax: SARS Update

We highlight below some of SARS’ operational and tax administration matters that have been addressed recently Author | Somaya Khaki, Project Director: Tax (Member Services) SARS’ use of Adobe Flash As noted in the February issue of ASA, following the discontinuation of Adobe Flash Player and the subsequent challenges that taxpayers experienced, SARS released its…

Special Report – Audit Reform: Fixing the faults in South Africa’s: Corporate reporting ecosystem

SAICA’s CEO Freeman Nomvalo and Project Director Thandokuhle Myoli spoke to Monique Verduyn about redesigning the audit profession so that it brings out the best in its people and the wider role and purpose of audit in serving the public interes. Since 2017, the auditing profession has been plagued by high-profile corporate failures that have…