Are young prospective CAs(SA) expected to be ethical?

Johannesburg, 3 September 2018 – An outline of ethics education and expectations SAICA requires of prospective CAs(SA) in its rigorous qualification process. “Whether recently qualified or highly experienced, all chartered accountants [CAs(SA)] are required to uphold ethical principles and conduct themselves professionally. Acting with integrity, through adherence to the values stipulated in SAICA’s Code of…

Non-compliance: a reality in South Africa. What are the implications for SAICA members and the public at large?

Johannesburg, 23 August 2018 – What to do when you know what you know and you know it is wrong? The SAICA Code of Professional Conduct (the Code) has, since 2006, set out certain fundamental principles that members and associates (accountants) should adhere to. The principles are integrity, objectivity, professional competence and due care, confidentiality…

What are the values SAICA expects of its members?

Johannesburg, 07 August 2018 – Ongoing negative publicity regarding the accounting profession has many people asking whether accountants, and more specifically chartered accountants, are still behaving ethically. Michael Dorfan, Chairman of the SAICA Ethics Committee, outlines the values mentioned in the SAICA Code of Professional Conduct and looks at what SAICA is doing to ensure…

SAICA and KPMG part ways

Johannesburg, 01 June 2018 – The South African Institute of Chartered Accountants’ (SAICA) Board has accepted KPMG’s offer to resign as SAICA’s external auditors, citing possible perceived independence concerns if they were to perform the 2018 audit as a result of the current SAICA-appointed Ntsebeza Inquiry which is looking into some of the former and current…

Accountability in the Accounting Profession and SAICA’s role

Johannesburg, Friday 13 April 2018 – Back in the day accountants were viewed as task-oriented, pedantic bean counters, typically cast as introverted, glass-wearing math geniuses. Today, however, the picture is quite different and the scope of work has broadened. What does remain consistent is they have always been expected to maintain the values of their professional…