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A 4 year project to professionalise the compliance industry culminated in late 2012 with the Compliance Institute SA being recognised by the South African Qualifications Authority as the professional body for all compliance officers.
Compliance will soon be big business in South Africa. It became big business after the 2008 global financial crisis – for good reason – and the idea is to prevent such financial catastrophes from occurring again in future.
Pravin Gordhan made it sound as if rogue tax practitioners were a dime a dozen in his budget speech last year, when he declared that they owe over R260m to the government in their personal capacity.
In a move to strengthen the crucial role of auditors as public protectors and to maintain globally accepted audit practices in South Africa, the Independent Regulatory Board for Auditors (IRBA) is revising its education and training programme for aspiring
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?