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IRBA disciplinary hearing panel imposes permanent disqualification, R1.6 million fine and a R9.2M cost order against former audit partner of VBS Mutual Bank

April 16, 2026

16 Apr 2026Johannesburg – Thursday, 16 April 2026 – The

20 Years of Independent Audit Regulation and Safeguarding the Public Interest

April 1, 2026

01 Apr 2026 Today, the Independent Regulatory Board for Auditors

IRBA releases 2025 Public Inspections Report: a risk focused diagnostic on audit quality where accountability matters most

March 30, 2026

30 Mar 2026 Johannesburg – Monday, 30 March 2026 – The

New IRBA data shows how independence, resourcing and review practices are shaping audit quality in South Africa

March 26, 2026

26 Mar 2026 Johannesburg, Thursday, 26 March, 2026 — The Independent

Strengthening External Auditing in South Africa: The IRBA Welcomes the Establishment of the University of Johannesburg’s Wiseman Nkuhlu Centre for Innovation, Thought Leadership and Governance (WNCIG)

February 9, 2026

09 Feb 2026Johannesburg, Monday, 9 February 2026 — The Independent Regulatory

IRBA Highlights Heightened Responsibilities and Risks in Auditing Listed Entities

December 3, 2025

IRBA Highlights Heightened Responsibilities and Risks in Auditing Listed Entities

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June 14, 2024	Seamless transition as IRBA Board term comes to an end; Board, Chair and Deputy Chair reappointed for a second term
May 23, 2024	IRBA Announces Measures to Enhance Pipeline of Registered Candidate Auditors and Boost Profession’s Appeal
April 28, 2024	IRBA Imposes Fine and Permanent Disqualification on Auditor for Breach of Ethical Standards
February 16, 2024	IRBA releases reviews on 2023 Audit Quality Indicators and Public Inspections Outcomes
January 08, 2024	IRBA ends 2023 with a 30 percent reduction in backlog of investigations
January 05, 2024	Notice of withdrawal and reissuance of Maximum Fines for Auditors guilty of improper conduct

October 16, 2023	IRBA attains a clean audit report amidst resource constraints and cost containment measures
July 06, 2023	IRBA accredits ACCA as a route to audit specialisation
June 19, 2023	Minister of Finance gazettes maximum fines for auditor improper conduct
June 01, 2023	Set aside of MAFR poses little risk to investors since the majority of public interest entity auditors have already rotated
January 23, 2023	IRBA appoints new director of operations

December 08, 2022	IRBA publishes fourth Audit Quality Indicators Report Talent turnover at manager and supervisory level is a growing risk to audit quality
November 06, 2022	MAFR rotations of listed entities is almost complete
October 31, 2022	IRBA appoints Ms Ntlambi Gulwa as Director: Inspections
September 27, 2022	IRBA unveils its new brand
September 07, 2022	IRBA appoints Imre Nagy as new CEO
April 04, 2022	New disciplinary rules for registered auditors gazetted
January 24, 2022	IRBA to launch the new Firm and Engagement Quality Management Standards – towards restoring confidence and enhancing audit quality
January 19, 2022	IRBA completed its investigation process on all SAA complaints between 2017 and 2019
January 18, 2022	EXTENSION OF THE PUBLIC COMMENT PERIOD FOR THE PROPOSED DISCIPLINARY RULES FOR REGISTERED AUDITORS
January 17, 2022	Impact on auditor ethics and independence in an uncertain environment

December 06, 2021	IRBA successfully defends challenge to MAFR by East Rand Member District of Chartered Accountants
November 22, 2021	IRBA opens draft proposed Disciplinary Rules for Registered Auditors for public comment
November 11, 2021	New Proposed International Standard for Less Complex Entities
October 11, 2021	48% of JSE Listed entities have rotated at least once since June 2017 – Covid does not appear to have an impact on the pace of rotations
October 08, 2021	Fraud and the role of auditors – what more can be done to detect fraud risk?
August 13, 2021	IRBA to refer non-audit complaints to professional bodies
August 13, 2021	IRBA guide on the implementation of search and seizure provisions published for comment
July 19, 2021	IRBA heeds stakeholder calls and opens consultation on Enhancing Disclosures in Audit Reports
May 02, 2021	Amended Act Strengthens IRBA’s Investigation and Disciplinary Powers
April 29, 2021	IRBA RE-ELECTED TO THE IFIAR BOARD FOR ANOTHER FOUR-YEAR TERM
March 18, 2021	IRBA approves IAASB revised suite of quality management standards for early adoption Strengthening the foundation of audit quality
March 16, 2021	Refocussed IRBA strategy aims to enhance audit quality and address gaps
March 09, 2021	IRBA’s Second AQI Report outlines actionable recommendations for audit quality
March 08, 2021	IRBA announces Acting Director: Inspections
March 07, 2021	Early adopters on the JSE drive MAFR up to 43%
March 01, 2021	Irba introduces acting CEO
February 25, 2021	Caretaker Board at Irba issues call for nominations to serve on the Board
February 16, 2021	IRBA updates the market on governance steps taken by Caretaker Board

December 11, 2020	IRBA expresses disappointment at soft sanction against Deloitte auditor
November 12, 2020	IRBA Mourns the death of Auditor General Kimi Makwetu
July 16, 2020	IRBA confirms investigation into auditors of EOH
June 30, 2020	Auditors’ duty to report RIs on non-compliance with EAAB regulatory deadline of 30 June 2020
June 21, 2020	25% of JSE-listed entities have rotated audit firms ahead of 2023 MAFR deadline
May 29, 2020	African Bank / Deloitte final arguments will proceed in June
May 14, 2020	IRBA draws attention to the Key Audit Matters in auditor’s reports as it relates to COVID-19
May 05, 2020	African Bank Deloitte final arguments set for June
April 28, 2020	IRBA Board appoints Jenitha John as new CEO
April 20, 2020	A Fine Balancing Act for Market Recovery By Bernard Agulhas, CEO of the Independent Regulatory Board for Auditors
March 25, 2020	IRBA shares guidance with auditors on the implications of COVID-19 on audits and auditors
March 24, 2020	Sharemax disciplinary hearing postponed to October 2020
March 23, 2020	IRBA takes steps to assist government with containment of community transmissions
March 23, 2020	THE FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2020
March 16, 2020	Sharemax hearing temporarily adjourns
March 02, 2020	Court rules on disclosure of documents in MAFR challenge
February 26, 2020	IRBA foresees audit reforms will regain confidence in profession if audit firms follow suit

Press Releases

IRBA disciplinary hearing panel imposes permanent disqualification, R1.6 million fine and a R9.2M cost order against former audit partner of VBS Mutual Bank

20 Years of Independent Audit Regulation and Safeguarding the Public Interest

IRBA releases 2025 Public Inspections Report: a risk focused diagnostic on audit quality where accountability matters most

New IRBA data shows how independence, resourcing and review practices are shaping audit quality in South Africa

Strengthening External Auditing in South Africa: The IRBA Welcomes the Establishment of the University of Johannesburg’s Wiseman Nkuhlu Centre for Innovation, Thought Leadership and Governance (WNCIG)

IRBA Highlights Heightened Responsibilities and Risks in Auditing Listed Entities

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