Independent Regulatory Board for Auditors (IRBA)

Contact Details

Physical: Building 2, Greenstone Hill Office Park, Emerald Boulevard, Modderfontein
Postal: PO Box 8237, Greenstone, 1616
Tel: 087 940 8800
Fax: 087 940 8878


The mission of the Independent Regulatory Board for Auditors (IRBA) is to protect the financial interests of the South African public and international investors in South Africa through the effective regulation of audits conducted by registered auditors, in accordance with internationally recognised standards and processes.

The Board's objectives are to: develop and maintain auditing standards that are internationally comparable; develop and maintain ethical standards that are internationally comparable; provide an appropriate framework for the education and training of properly qualified auditors, as well as for their ongoing competence; inspect and review the work of registered auditors and their practices to monitor their compliance with professional standards; investigate and take appropriate action against registered auditors in respect of non-compliance with standards and improper conduct; and conduct its business in an economically efficient and effective manner, in accordance with the relevant regulatory frameworks.

Office Bearers/Management

Ms R Kenosi
Chief Executive Officer
Mr B Agulhas

Ms Rene Kenosi
Deputy Chairperson:
Mr Abel Dlamini
Board Members:
Ms Lisa Keech
Mr Joe Lesejane
Ms Amanda Lethukuthula Mazibuko
Ms Matshepo More
Mr Thiru Pillay
Chief Executive Officer:
Mr Bernard Agulhas
Chief Financial Officer:
Senior Management:
Ms Jillian Bailey (Director: Investigations)
Ms Willemina de Jager (Director: Operations)
Mr Imre Nagy (Director: Inspections)
Ms Jane O'Connor (Director: Legal)
Mr Imran Vanker (Director: Standards)
Mr Robert Zwane (Director: Education and Transformation)
Communications Officers:
Lebogang Manganye (Manager: Public Relations)

Financial Information

All Financial Values: R'0002015/162014/152013/142012/13
AUDIT OUTCOMEClean AuditClean AuditClean AuditClean Audit
Current Assets37 58442 82544 43737 769
Non-Current Assets16 14916 30716 83116 492
Total Assets53 73259 13261 26954 262
Current Liabilities4 1466 37711 6615 652
Non-Current Liabilities--1 5902 545
Total Liabilities4 1466 37713 2518 198
Total Net Assets49 58652 75548 01846 064
Total Revenue92 32598 74191 10791 308
Revenue from Exchange Transactions27 26833 70030 72959 100
Revenue from Non-Exchange Transactions65 05765 04160 37832 208
Total Expenditure(95 494)(91 259)(85 289)(81 775)
Employee Costs(60 204)(52 204)(42 391)(37 925)
Surplus/(Deficit) for Year(3 169)7 4825 8199 533
Net Cash Flows from Operating Activities(3 258)4 45311 85411 483
Net Cash Flows from Investing Activities(1 533)(1 030)(2 843)(883)
Cash & Cash Equivalents at End of Year33 23638 09237 39032 290
Unauthorised Expenditure----
Irregular Expenditure443---
Fruitless & Wasteful Expenditure----
Posts Approved847577n/a
Posts Filled746971n/a
SourcesAnnual ReportAnnual ReportAnnual Report n/a

Overseeing Department/Entity

Annual Reports

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