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Root Cause Analysis
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General LEAF

Root Cause Analysis

LEAF Quality Systems (Pty) Ltd2018-11-01T10:37:20+02:00

Root Cause Analysis What is root cause analysis and why is it necessary? Root cause analysis (RCA) is a problem-solving method used for identifying the root causes of faults and/or problems, for example, the underlying causes behind review findings, whether specific to one audit, or more widespread inside the firm as a whole or further afield. RCA is conducted with the aim of developing appropriate and achievable remedial action to prevent recurrence of the issues identified. According to the 2017 IRBA Public Inspections Report, "There [...]

Root Cause AnalysisLEAF Quality Systems (Pty) Ltd2018-11-01T10:37:20+02:00

ETHICS – Rotten to the core?
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General LEAF, LEAF Audit Quality, LEAF Global, LEAF IFRS, LEAF Training, Training Office Compliance

ETHICS – Rotten to the core?

LEAF Quality Systems (Pty) Ltd2018-09-06T08:51:46+02:00

ETHICS - Rotten to the core? Have you wondered why the auditing profession is in such a sad state? Maybe we should start with some serious introspection and fundamental changes. Not only the IRBA Public Inspections Report 2017, but also multiple auditing scandals in the media showed that independence was the root cause of most audit deficiencies recently. Firm culture needs to be revamped drastically to start changing this around. Leadership must set a good example and communicate principles of quality and ethics to enable staff to function optimally. Build high performance teams through trust, integrity [...]

ETHICS – Rotten to the core?LEAF Quality Systems (Pty) Ltd2018-09-06T08:51:46+02:00

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