Trust & Ethics

December 16, 2021

What it takes to rebuild trust at work

Many, if not most of us, have reported feelings of burnout, exhaustion, extreme stress, and even fatigue. To some extent, the COVID-19 pandemic has brought this on with the multitude of disruptions it has thrust on us at work and at home. And when you find yourself in an unsupportive work environment, this stress is exacerbated to a disproportionate level.
November 16, 2021

From Chartered Accountants to change agents

Chartered Accountants now have a mandate to become agents of change in their organisations and in society at large: that was one of the clear conclusions from the ‘Rebuilding Trust’ webinar hosted by Chartered Accountants Worldwide, held to mark the launch of research into financial decision makers’ opinions of the profession.
October 7, 2021

Rebuilding Trust – What is the role of finance & business in shaping the future

As the world emerges from the pandemic, who will be trusted to support business recovery and to build the sustainable, resilient economies we need? Chartered Accountants Worldwide have partnered with Edelman research to understand the views of over 1,000 international business leaders and the role that they expect the finance and business profession to play in shaping the future.
September 16, 2021

Principles versus rules in professional ethics

By adopting a principles-based code, SAICA requires all its members to apply professional judgement at all times to identify, evaluate and address threats to professional accountants’ compliance with the fundamental principles of ethics. These principles determine the standard of behaviour that the public can expect of members of the profession, and adhering to the code would restore public trust in the profession
September 15, 2021

The auditing profession – Where to next?

Our views in this article are to large extent based on our involvement in high-profile cases involving the prosecution of professional misconduct allegations levelled against auditors Several auditing and accounting scandals in recent years − most notably in relation to African Bank, Steinhoff and Tongaat Hulett − undoubtedly had a […]
August 11, 2021

Corporate failures… Why don’t we learn?

The world of accounting is rapidly changing as South Africa scrambles to regain its status as one of the world’s leaders in terms of corporate reporting. But the profession has been marred by enormous scandals over the past few years, causing mistrust amongst society for a profession that used to be characterised by integrity
April 7, 2021

Auditing Profession in Peril

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.