2020 Audit Regulatory Transparency Report has been saved
2020 Audit Regulatory Transparency Report
We have deliberately set the bar high for ourselves and this report describes some of the principles, policies, standards and actions we have implemented to support our commitment to leading the profession.
This report has been prepared in accordance with the provisions of the Article 13 of EU Regulation 537/2014, of the European parliament and the council of European Union of 16 April 2014 on specific requirements regarding statutory audit of public-interest entities, which requires the publication of certain information by transparency reporting auditors, such as Deloitte South Africa. This report relates to the firm’s audit activities in South Africa for the year ended 31 May 2020.
In addition to the requirements of the instrument, the Independent Regulatory Board for Auditors (IRBA) issued a call, in July 2018, for South African audit firms to produce transparency reports providing insight into the audit firm’s operations, governance, leadership, culture, ethics, audit quality, transformation, and audit engagements, amongst others.