Independent Regulatory Board for Auditors (IRBA)

Financial Information

FINANCIAL POSITION
All Financial Values: R'000	2024/25	2023/24	2022/23	2021/22	2020/21

AUDIT OUTCOME	Clean Audit	Clean Audit	Clean Audit	Clean Audit	Financially Unqualified

Current Assets	144 335	131 238	111 744	94 439	82 143
Non-Current Assets	22 083	24 448	24 729	24 109	14 427
Total Assets	166 418	155 686	136 473	118 548	96 570
Current Liabilities	26 910	15 278	15 522	17 794	15 925
Non-Current Liabilities	2 748	3 204	3 393	3 330	-
Total Liabilities	29 658	18 482	18 916	21 214	15 925
Total Net Assets	136 760	137 204	117 557	97 424	80 645

FINANCIAL PERFORMANCE
Total Revenue	209 892	210 376	195 043	162 633	192 480
Revenue from Exchange Transactions	67 728	64 117	66 065	53 072	50 223
Revenue from Non-Exchange Transactions	142 164	146 259	128 978	109 561	142 256
Total Expenditure	(207 905)	(190 729)	(174 910)	(145 853)	(149 870)
Employee Related costs	(144 013)	(132 485)	(122 512)	(110 581)	(99 858)
Surplus/(Deficit) for Year	1 987	19 647	20 133	16 780	42 610

CASH FLOW
Net Cash Flows from Operating Activities	19 246	21 371	11 820	22 607	47 175
Net Cash Flows from Investing Activities	(2 175)	(3 876)	(3 890)	(11 320)	(413)
Cash & Cash Equivalents at End of Year	125 823	111 183	93 689	85 758	74 472

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	-	-	-	19	10 431
Fruitless & Wasteful Expenditure	-	-	-	-	-

HUMAN RESOURCES
Posts Approved	101	102	100	97	91
Posts Filled	95	96	86	87	82

SOURCE	Annual Report	Annual Report	Annual Report	Annual Report	Annual Report

The information in this directory is compiled from various sources and is subject to continual change. If you notice any errors or omissions, contact us so that we may correct them.