South African Institute of Chartered Accountant’s statement on BEE accreditation

SANAS accredited verification agencies vs. IRBA approved auditors

March 18, 2013

It has come to our attention that business owners are sceptical over BEE certificates issued by IRBA approved auditors believing that only certificates issued by SANAS accredited verification agencies are valid.

This notice seeks to clarify that the IRBA is appointed as the Approved Regulatory Body to approve registered auditors who meet the requirements to provide B-BBEE Verification Assurance services with effect from 1 October 2011 in terms of Notice 754, Amendment of the Codes of Good Practice that was published in Government Gazette No. 34612.The IRBA document containing the additional information for Registered Auditors wanting approval from IRBA is on the IRBA website.

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