South African hat trick for the strength of its auditing and reporting standards

INDEPENDENT REGULATORY BOARD FOR AUDITORS

SOUTH AFRICAN HAT TRICK AS THE AUDITING PROFESSION
IS RANKED FIRST AGAIN OUT OF 144 COUNTRIES
FOR THE STRENGTH OF ITS AUDITING AND REPORTING STANDARDS

Johannesburg / 07 September 2012

The IRBA is proud to inform Registered Auditors that for the third consecutive year South Africa has maintained the number 1 position in the World Economic Forum Survey for the strength of its auditing and reporting standards regarding company financial performance.

See an extract from the official WEF news release below.

Bernard Peter Agulhas
Chief Executive Officer

About the IRBA
The objective of the IRBA is to endeavour to protect the financial interests of the South African public and international investors in South Africa through the effective and appropriate regulation of audits conducted by registered auditors, in accordance with internationally recognised standards and processes.

______________________________

Oliver Cann, Associate Director, Media,

Persisting Divides in Global Competitiveness as Switzerland, Singapore and Finland Top Competitiveness Rankings in 2012

  • Competitiveness gap widening among European countries
  • US remains world’s innovation powerhouse despite decline in overall ranking
  • People’s Republic of China most competitive among large emerging markets; India, Russia fall
  • Download the full report profiling 144 economies, highlights, rankings and more at http://www.weforum.org/gcr
  • Watch the video interviews on the results of the report

Geneva, Switzerland, 5 September 2012 – Switzerland, for the fourth consecutive year, tops the overall rankings in The Global Competitiveness Report 2012-2013, released today by the World Economic Forum. Singapore remains in second position and Finland in third position, overtaking Sweden (4th). These and other Northern and Western European countries dominate the top 10 with the Netherlands (5th), Germany (6th) and United Kingdom (8th). The United States (7th), Hong Kong (9th) and Japan (10th) complete the ranking of the top 10 most competitive economies.

For the full release and supporting information, please visit: http://www.weforum.org/NR_GCR2012-2013_Global

This article was originally published by IRBA – click here

Print Friendly, PDF & Email
Short URL to this article: http://tinyurl.com/9og2mhr

All material subject to our Legal Disclaimers.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.