I pulled out of B-BBEE auditing over a year ago because I couldn’t work with the rubbish manner in which the new codes have been drafted. Well, now the Independent Regulatory Board for Auditors has also pulled out. In a sudden announcement on 4 August, the IRBA advised that they have withdrawn as the designated sole regulatory body for B-BBEE auditors and verification agents. Not surprising at all – it just took them more than a year longer than me, but then they would have had to jump through quite a lot of hoops to come to the final decision.
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