The South African Institute of Chartered Accountants (SAICA) is South Africa’s foremost professional accounting body whose main objective is to serve the interests of the Chartered Accountancy profession and society, by upholding professional standards and integrity and the pre-eminence of the CA(SA) designation locally and internationally.
The Chartered Accountancy profession in South Africa is currently faced with significant criticism following the purported misdemeanours of Chartered Accountants [CAs(SA)] in unethical business activity.
SAICA is currently in a process of reviewing its governance structure and is engaging with members with members in order to get their input on how the Institute can improve its operations and continue to maintain the status of being a trusted and reliable institute.
SAICA Members are subject to the SAICA Code of Professional Conduct (the Code) which defines five fundamental professional principles, namely: integrity; objectivity; professional competence and due care; confidentiality; and professional behaviour. The Institute uses clearly outlined disciplinary processes to address allegations of improper conduct and in the process protects the public from unscrupulous practices, unprofessional or unethical conduct from its members.