SAICA

SAICA Board approves the issuing of public statements regarding the progress and outcome of its disciplinary hearings

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Johannesburg, 7 June 2018 – The South African Institute of Chartered Accountants (SAICA) has amended its by-laws to permit the issuing of public statements by the SAICA chief executive officer (CEO) regarding the institution of any complaint or investigation or action against a member once a draft charge sheet or a charge sheet has been issued to such member and such matter, complaint, investigation or action is, in the opinion of the CEO, in the public interest. This decision is aimed at ensuring that the transparency of the SAICA disciplinary processes is enhanced.

SAICA announces disciplinary proceedings against Mr. Anoj Singh

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Johannesburg, 19 June 2018 – The South African Institute of Chartered Accountants’ (SAICA) By-Laws permit the issuing of public statements by the SAICA chief executive officer (CEO) regarding the institution of any complaint or investigation or action against a member once a draft charge sheet or a charge sheet has been issued to such member and such matter, complaint, investigation or action is, in the opinion of the CEO, in the public interest. SAICA hereby informs stakeholders and the public that, after an extensive period of investigation, charges of misconduct have been preferred against Mr. Anoj Singh.

Thuthuka Chairman, Sizwe Nxasana on the decision to pursue a complaint against Khaya Sithole

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Johannesburg, 22 June 2018 – On 22 June 2018, the South African Institute of Chartered Accountants (SAICA) began disciplinary proceedings against accused member and former Thuthuka Bursary Fund (TBF) programme manager, Mr Khaya Sithole.  During the proceedings, Mr Sithole issued a statement on this and other matters. The Thuthuka Bursary Fund wishes to respond to the statements as they relate to the bursary fund.

SAICA Chairman’s statement on allegation against SAICA executives.

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Johannesburg, 22 June 2018 – The Board of the South African Institute of Chartered Accountants’ (SAICA) has noted the statement issued out by Mr Khaya Sithole, which makes mention of allegations against SAICA’s acting CEO and executive team. The SAICA Board distances itself from all the allegations and wishes to reiterate its support for its whole leadership team.

Non-compliance: a reality in South Africa. What are the implications for SAICA members and the public at large?

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Johannesburg, 23 August 2018 – What to do when you know what you know and you know it is wrong? The SAICA Code of Professional Conduct (the Code) has, since 2006, set out certain fundamental principles that members and associates (accountants) should adhere to. The principles are integrity, objectivity, professional competence and due care, confidentiality and professional behaviour. With regard to professional behaviour, accountants are specifically required to comply with relevant laws and regulations and avoid any conduct that discredits the accountancy profession.

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