News › Press release

17 Jun 2022

The impact of AGSA’s extended mandate on the misuse of public funds

As a result of the misuse of public funds over the years and accounting officers or authorities not acting quickly to recover the money and taking the necessary action, the Public Audit Act (PAA) was amended on 1 April 2019. This gave the Auditor-General South Africa (AGSA) the mandate to report on material irregularities and to respond if municipal managers did not deal with them appropriately.

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31 May 2022

Revised agreement provides shorter access to CAs(SA) seeking dual-designation status with CIMA

Tuesday 31 May 2022: The South African Institute of Chartered Accountants (SAICA) and Chartered Institute of Management Accountants (CIMA) have agreed to sign a revised agreement that will make it more accessible for members who wish to use both the chartered accountant (CA(SA)) and Chartered Global Management Accountant (CGMA) designations.

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