Independent Regulatory Board for Auditors (IRBA)

Financial Information

FINANCIAL POSITION
All Financial Values: R'000	2023/24	2022/23	2021/22	2020/21	2019/20

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

Current Assets	131 238	111 744	94 439	82 143	33 518
Non-Current Assets	24 448	24 729	24 109	14 427	15 790
Total Assets	155 686	136 473	118 548	96 570	49 307
Current Liabilities	15 278	15 522	17 794	15 925	10 689
Non-Current Liabilities	3 204	3 393	3 330	-	584
Total Liabilities	18 482	18 916	21 214	15 925	11 273
Total Net Assets	137 204	117 557	97 424	80 645	38 035

FINANCIAL PERFORMANCE
Total Revenue	210 376	195 043	162 633	192 480	158 503
Revenue from Exchange Transactions	64 117	66 065	53 072	50 223	48 685
Revenue from Non-Exchange Transactions	146 259	128 978	109 561	142 256	109 818
Total Expenditure	(190 729)	(174 910)	(145 853)	(149 870)	(152 439)
Employee Related costs	(132 485)	(122 512)	(110 581)	(99 858)	(90 445)
Surplus/(Deficit) for Year	19 647	20 133	16 780	42 610	6 064

CASH FLOW
Net Cash Flows from Operating Activities	21 371	11 820	22 607	47 175	11 600
Net Cash Flows from Investing Activities	(3 876)	(3 890)	(11 320)	(413)	(1 577)
Cash & Cash Equivalents at End of Year	111 183	93 689	85 758	74 472	27 710

UIFW EXPENDITURE
Unauthorised Expenditure	-	-	-	-	-
Irregular Expenditure	-	-	19	10 431	336
Fruitless & Wasteful Expenditure	-	-	-	-	-

HUMAN RESOURCES
Posts Approved	102	100	97	91	89
Posts Filled	96	86	87	82	79

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.