Materiality determination process and material matters

4. Disciplinary matters and by-laws

Scrutiny of the ethics and integrity of the accountancy profession has increased in recent years due to the increasing complexity of financial regulation and the increasingly global nature of the profession

Stricter laws and regulations have been implemented to ensure that accountants adhere to ethical standards and comply with applicable laws and regulations

Additionally, the increased prevalence of accounting scandals has led to increased public scrutiny of the profession and its practitioners

SAICA has disciplinary guidelines and procedures in place to address misconduct by its members and uphold the integrity of the accountancy profession

Disciplinary Code amended to streamline disciplinary processes