HOW WE CREATE VALUE

Stakeholder engagement and value creation

LEGEND

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

Non-governmental organisations and the general public

How we Engage; Their role in value creation; and how we address these interests
Their material interests
  • Professional conduct of members
  • Impact of members on the public sector, private sector and economy
  • Enhancing the independence and ethical conduct of the profession
  • SAICA’s role and commentary on their particular areas of public interest
How we engaged
  • Regular engagement and quarterly meetings. XBRL SA board meeting
  • Engagement with SALGA on potential collaboration and alliance agreement
  • SAICA attendance at CIPC engagements in the future of corporate reporting in the country
How we addressed needs and interests
  • Collaboration and potential projects between SAICA and OUTA
  • Discuss partnership between the Whistleblower House and AEPF
Risks/opportunities
  • No reliance on SAICA and member opinions
  • Negative rating of the impact of the profession by decision-makers
  • SAICA losing recognition nationally and internationally
Strategic response
  • Continuous in-depth monitoring and tracking of trust and credibility through independent feedback
  • Effective, and differentiating marketing, communication and public relations activities#professionofnationalvalue)
  • Showcase the profession’s contribution to the South African economy and society through Thought Leadership articles
IMPACT
STRATEGIC PILLAR
Material matters
Key metrics and objectives tracked to monitor value delivered
  • Non-governmental organisations engagement score = 50% (FY 22: 57%)
  • Value delivered

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