News in the Leaf Quality Systems Training Office Compliance Division

Ethics, acceptance and continuance

2022-09-30T14:53:43+02:00

Ethics, acceptance and continuance 30 September 2022 Ethics is a fundamental concept that needs to be established in an auditing and accounting practice. It cannot merely be given lip service, and should lead to proactively managing the risk of ethical threats and breaches that could inappropriately influence the firm’s compliance with relevant ethical requirements. One of the occasions when ethics may be involved in audit considerations is when deciding whether to accept, or continue with client relationships and engagements. Quality, integrity and independence should be the overriding factors. Firm-level considerations ISQM 1 para 29 [...]

Ethics, acceptance and continuance2022-09-30T14:53:43+02:00

Newsflash: IFAC Practice transformation action plan

2020-06-22T16:58:02+02:00

Newsflash: IFAC Practice transformation action plan Welcome to the Fast-Future We will not recognise the accountancy profession in the next 10 years. Actually, the fact of the matter is that it will probably be in the next five years. —Barry Melancon, President & CEO, American Institute of CPAs and CEO, Association of International Certified Professional Accountants We live in a dynamic, fast-paced world. Accenture predicted that advances in robotics would automate, or eliminate 40% of basic accounting roles by 2020. Within 10 years, robots [...]

Newsflash: IFAC Practice transformation action plan2020-06-22T16:58:02+02:00

ETHICS – Rotten to the core?

2018-09-06T08:51:46+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?2018-09-06T08:51:46+02:00

SAICA training office compliance services

2018-08-20T09:57:08+02:00

SAICA Training Office Compliance The SAICA Training Regulations require of training officers and registered assessors to constantly stay up to date with the latest requirements, whilst ensuring that all training office responsibilities are met. In our fast paced business environment, professionals can't afford too much time away from productive activities. We can provide you with the assistance of an experienced and qualified individual that comes in from an independent perspective to review your existing training office processes and documentation, six-monthly assessments for trainees and other required documentation for compliance. Independent compliance monitoring of a training office can greatly assist with early [...]

SAICA training office compliance services2018-08-20T09:57:08+02:00

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