Acts Online
GT Shield

Promotion of Access to Information Act, 2000 (Act No. 2 of 2000)

Board Notices

Promotion of Access to Information Manual in terms of Section 14 of the Promotion of Access to Information Act 2 of 2000

A. Particulars in terms of Section 14 of the Act

1. Functions of the IRBA [Section 14(1)(a)]

 

The IRBA is a juristic person, established in terms of Section 3 of the Auditing Profession Act 26 of 2005 (APA).

 

1.1 General functions

The IRBA is mandated to:

1.1.1 Take steps to promote the integrity of the auditing profession, including:
1.1.1.1 Investigating alleged improper conduct;
1.1.1.2 Conducting disciplinary hearings;
1.1.1.3 Imposing sanctions for improper conduct; and
1.1.1.4 Conducting inspections.
1.1.2 Take steps it considers necessary to protect the public in their dealings with registered auditors (RAs).
1.1.3 Prescribe standards of professional competence, ethics and conduct of registered auditors.
1.1.4 Encourage education in connection with, and research into, any matter affecting the auditing profession.
1.1.5 Prescribe auditing standards.

 

1.2 Functions regarding the accreditation of professional bodies

The IRBA, subject to the APA:

1.2.1 Prescribes minimum requirements for the accreditation of professional bodies, in addition to those provided in the APA;
1.2.2 Considers applications for accreditation and decides whether or not to grant such applications;
1.2.3 Prescribes the period of validity of the accreditation;
1.2.4 Keeps a register of accredited professional bodies; and
1.2.5 Terminates the accreditation of professional bodies in accordance with the APA.

 

1.3 Functions with regard to the registration of auditors

The IRBA, subject to the APA:

1.3.1 Prescribes minimum qualifications, competency standards and requirements for the registration of auditors and candidate auditors, in addition to those provided for in the APA.
1.3.2 Considers and decides on any application for the registration of auditors and candidate auditors.
1.3.3 Prescribes the period of validity of the registration of a registered auditors (RAs) and registered candidate auditors (RCAs).
1.3.4 Keeps a register of RAs and RCAs;
1.3.5 Ensures that the register of RAs and RCAs is at all reasonable times open to inspection by any member of the public.
1.3.6 Terminates the registration of RAs and RCAs in accordance with the APA.
1.3.7 Prescribes minimum requirements for the renewal of registration and re-registration.

 

1.4 Functions with regard to education, training and professional development

The IRBA:

1.4.1 In full or in part, recognises and/or withdraws its recognition of the educational qualifications or programmes or continued education, training, and professional development programmes in the auditing profession of educational institutions and accredited professional bodies.
1.4.2 Recognises and/or withdraws the recognition of any accredited professional body to conduct any qualifying examination contemplated in Section 37 of the APA or any such examinations.
1.4.3 Prescribes requirements for and conditions relating to the nature and extent of continued education, training, and professional development.
1.4.4 Prescribes training requirements, including, but not limited to, the period of training and the form of training contracts.
1.4.5 Approves and registers training contracts entered into by prospective registered auditors.
1.4.6 Prescribes competency requirements.
1.4.7 Either conditionally or unconditionally, recognises or withdraws the recognition of RAs as training officers.

 

1.5 Functions with regard to fees and charges

The IRBA prescribes:

1.5.1 Accreditation, registration, registration renewal and re-registration fees.
1.5.2 Annual fees.
1.5.3 The date on which any fee is payable.
1.5.4 The basis for assurance fees payable as per the APA.
1.5.5 Fees payable for any other service rendered by the IRBA (including administrative fees).
1.5.6 The IRBA may grant an exemption from payment of any fees referred to above