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/ 28 November 2006

Skills shortage a threat to growth, warns auditing body

The Independent Regulatory Board for Auditors (IRBA) has warned that a looming financial-skills shortage could severely undermine South Africa’s 6% growth ambitions. Kariem Hoosain, CEO of the IRBA, says that, similar to the much-talked about shortage of medical and engineering skills, the financial needs of South Africa’s economy are rapidly outstripping supply.

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/ 3 August 2006

SA auditing regulator ‘strongest in the world’

The new Auditing Profession Act has delivered a "world-class" regulator says Kariem Hoosain, CEO of the Independent Regulatory Board for Auditors (IRBA), speaking at the launch of the IRBA. Hoosain said: "I have just returned from a trip to Canada where the senior partner of one of the largest international audit firms told me the IRBA was in his opinion the strongest regulator in the world."