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financial auditing

CAs(SA) Taking First Place!

South African Chartered Accountants have distinguished themselves by securing the premier spot in the global trust survey spearheaded by Edelman on behalf of Chartered Accountants Worldwide (CAW). The survey drew participation from over 1,300 individuals across eight key global markets, including South Africa, England, Scotland, Wales, Northern Ireland, Ireland, Australia, and New Zealand.

This is an achievement for the South African Institute of Chartered Accountants (SAICA) and the professionals who continuously strive to uphold and enhance financial auditing and professional service standards. Our professional standards are crucial to attracting foreign investment in the country’s economy.

Maintaining High Professional Standards

The Chartered Accountants Worldwide (CAW) survey delved into four crucial facets: ability, integrity, dependability, and purpose. It found that 91% of South African businesses view Chartered Accountants (SA) as their primary partners in tackling economic challenges, underscoring the profession’s pivotal role in business resilience.

Since the survey’s inception in 2018, trust in Chartered Accountants worldwide has significantly increased. Amidst fluctuating trust levels in other global financial professions, Chartered Accountants have distinguished themselves, particularly in South Africa, which saw an increase of 9% in their trust score over the last two years, highlighting the profession’s increased credibility and reputation.

Despite the prevailing economic instability and the cost-of-living crisis, 89% of South African respondents affirmed that South African Chartered Accountants have been crucial to the nation’s businesses. 79% of South African respondents also stated that their organisations relied heavily on Chartered Accountants to ensure data integrity, exceeding the 74% recorded in Wales and the 72% in Australia.

Shaping The Global Accounting Landscape

The South African Institute of Chartered Accountants (SAICA) is globally acknowledged as a leading accounting institute. Providing an extensive array of support services to over 50,000 members and associates, SAICA is home to a network of professionals in various spheres of commerce and industry – all pivotal in energising South Africa’s economic development.

Auditing Excellence with MMS Group

All MMS Group Audit Partners are registered with the South African Institute of Chartered Accountants (SAICA) and the Independent Regulatory Board for Auditors (IRBA). Our adherence to professional standards and regulatory compliance assures our clients of our commitment to quality, integrity, and transparency.

Furthermore, we reflect the industry excellence identified in this survey through our comprehensive suite of audit services that go beyond assuring financial data. Our auditors leverage industry-specific knowledge and experience to offer valuable financial, internal control, and operational recommendations to enhance business performance. Our audit approach also aligns with International Auditing Standards, guaranteeing high-quality audits within stipulated timeframes.

For more information about our financial auditing services, please reach out to our team.