18 October 2023
CA(SA) and SAICA are back to number 1 in the world
“I am delighted to announce that the CA(SA) designation was found to be the most trusted CA designation and SAICA the most trusted chartered accountancy institute in the world. This is according to a recent study done by Edelman DxI, in collaboration with Chartered Accountants Worldwide (CAW).
This is a major accolade for SAICA and the profession that continues to work tirelessly to maintain and improve auditing and professional services standards, as well as promote ongoing transformation seen as vital to the growth of the South African economy. We believe the ranking will go a long way to enhance the market standing of our members as well as attract new talent to the profession.
The survey from its inception in 2018, says trust in Chartered Accountants worldwide has exhibited remarkable growth, spiking by seven points since 2021. While trust in other global financial professions has been wavering, Chartered Accountants have managed to carve a niche for themselves, and this is particularly noteworthy in South Africa where the trust score has moved from 85% to 96% in the past two years.
The survey examined four key aspects of trust – ability, integrity, dependability, and purpose. Ninety-one percent of South African businesses now recognise Chartered Accountants as their foremost allies in confronting economic adversity.
Freeman Nomvalo
SAICA CEO”
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