Since 2017, the auditing profession has been plagued by high-profile corporate failures that have implicated auditors.
As a result of state capture revelations, share price collapses, and corruption allegations, the South African public continues to question how audit can be relied upon to protect its investments.
If the audit profession in South Africa is serious about restoring trust it will need to reassert the primacy of professional scepticism and independence.
There needs to be a balance between radical thinking and practical solutions. Greater clarity and transparency in the profession will ultimately result in a regime that allows auditors to better assess, assure and inform. Only then can real change come about.
In the third part of ICAEW’s remote worker series mental health speaker Nick Elston explains what can be done to ensure people don’t feel disconnected in a home working environment.
Whilst some have thrived on the flexibility of remote working, many have not had the same experience.
Instalment two of ICAEW’s remote working series explores how one business completed an 18-month project in two weeks by shifting whole workforces from office to home working.
In the first of a new remote working series, we speak with a CFO on their experience integrating a whole business through remote acquisition, as well as a recent virtually onboarded employee.
With remote working set to continue as the pandemic transforms traditional ways of working life, a new series from ICAEW Insights aims to underline first-hand experiences of this shift – including the process of remote onboarding.
At the rate that technology is evolving and how we’re seemingly unfazed by almost every new product and feature that today’s tech giants roll out, one would be led to think that when thrust into a “Covid-19 world”, we’d be perfectly at home with it. Well, not quite.
As SAICA members, we should and can do more to support and develop small businesses and entrepreneurs in South Africa if we are to outlast and outperform this crisis and boost our economy.
