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Administrative fines for entities who ignored compliance notices

A High Court victory for CIPC in the application of the enforcement provisions provided for by the Companies Act 71 of 2008. Citiconnect, Blue Sky Air and Sisao Project ordered to pay administrative fines in terms of Section 175 of the Companies Act. Read more

Greed remains at the heart of audit scandals

The rot in the auditing and accounting profession was laid bare during a recent round table discussion between regulators, industry bodies and Corruption Watch.
The root cause of the problems has been attributed to “pure greed and corruption”.
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SAIBA, CIGFARO sign MoU for development of accounting profession in SA

Representatives of The Southern African Institute for Business Accountants (SAIBA) and the Chartered Institute of Government Finance, Audit & Risk Officers (CIGFARO) confirm their commitment to jointly work to develop the accounting profession in South Africa.
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