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Individual auditors can be fined up to R10m for improper conduct
The Minister of Finance has re-issued the Notice setting out the maximum fines, after inserting the omissions.
Conventional wisdom says that living expenses rise uniformly with inflation, so many financial plans are based simply on that. But analysing the spending patterns of retirees shows us that the data tells a different story.
Read moreThe Minister of Finance has re-issued the Notice setting out the maximum fines, after inserting the omissions.
But will this have unintended adverse consequences for the profession?
Irba says it will work with Parliament to address the technical legal issue raised by the Supreme Court of Appeal’s judgment.