HOW WE CREATE VALUE

Stakeholder engagement and value creation

LEGEND

Expectations met
Improvement required
Worsening
Improving
Stable
Expectations met
Improvement required
Worsening
Improving
Stable

Government

How we Engage; Their role in value creation; and how we address these interests
Their material interests
  • Well-functioning capital markets
  • Transforming the profession in line with the national context
  • Identifying opportunities to support the National Development Plan, particularly eliminating corruption and providing accounting support for African entrepreneurs and emerging small businesses
How we engaged
  • National Treasury Public Workshops: Tax Amendment Bills
How we addressed needs and interests
  • Contributed to discussions with Parliament on budget
  • Advocacy submissions to improve governance and financial reporting in the public sector
  • The role of the profession in preventing the recurrence of the state capture
  • Partnership between SAICA and Department of CoGTA with regard to improving the governance of municipalities
Risks/opportunities
  • Contribute to the development of the South African economy and society
  • Loss of stakeholder confidence and inability to attract funding for growth and transformation
Strategic response
  • Forge good relationships with government bodies
  • Explore opportunities to play a leadership role in addressing key challenges facing the country
IMPACT
STRATEGIC PILLAR
Material matters
Key metrics and objectives tracked to monitor value delivered
  • Government engagement score = 83% (FY22: 87%)
  • Value delivered
FIRMS

Drop us a Message