SA auditing firms are seeing a sharp increase in staff turnover at the supervisory and managerial levels.
According to the industry watchdog, the Independent Regulatory Board for Auditors , the local auditing profession is bleeding from the"These findings were part of IRBA's 2022 Audit Quality Indicators Report based on data collected from JSE-accredited audit firms. It analysed turnover and audit quality statistics of 13 firms from 2018 to the end of 2021. There were 19 audit firms accredited with the JSE in 2021.Get 14 days free to read all our investigative and in-depth journalism.
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