INFORMATION
ANCILLARY INFORMATION
Acronyms A–C
| 4IR | Fourth Industrial Revolution |
| ABASA | Association for the Advancement of Black Accountants in Southern Africa |
| ACFE | Association of Certified Fraud Examiners |
| AG | Auditor General |
| AGA | Associate General Accountant |
| AGC | The Assurance Guidance Committee |
| AGM | Annual General Meeting |
| AICPA | American Institute of Certified Public Accountants |
| APC | Assessment of Professional Competence |
| ARC | Audit and Risk Committee |
| ARP | Audit Reform Project |
| ASA | Accountancy SA magazine |
| APAC | Alliance of the Asia-Pacific Region |
| AT | Accounting Technician (AT[SA]) |
| AWCA | African Women Chartered Accountants |
| BASA | Banking Association of Southern Africa |
| B-BBEE | Broad-Based Black Economic Empowerment |
| BLSA | Business Leadership South Africa |
| BUSA | Business Unity South Africa |
| CAANZ | Chartered Accountants Australia and New Zealand |
| CAQ | Centre for Audit Quality |
| CAW | Chartered Accountants Worldwide |
| CAPtR | CA Pathways to Relevance project |
| CEO | Chief Executive Officer |
| CFO | Chief Financial Officer |
| CIPC | Companies and Intellectual Property Commission |
| CIPFA | Chartered Institute of Public Finance and Accountancy |
| CISO | Cyber and Information Security Information Officer |
| COGTA | Cooperative Governance and Traditional Affairs |
| COO | Chief Operating Officer |
| CoPc | Code of Professional Conduct |
| CPD | Continuous Professional Development |
| CTA | Certificate in the Theory of Accounting |
Acronyms D–F
| DEI | Diversity, equity, and inclusion |
| DOA | Delegation of Authority |
| DTGC | Digital Transformation Governance Committee |
| EAC | Education and Assessment Committee |
| EAT | Exam Assessment Training |
| EE | Employment Equity |
| ED | Employment Development |
| EMEA | Europe, the Middle East and Africa |
| ERM | Enterprise Risk Management |
| ERMC | Enterprise Risk Management and Compliance |
| ESD | Enterprise and Supplier Development |
| ESG | Environment, Social and Governance |
| E&Y | Ernst & Young |
| FASSET | Sector Education and Training Authority (Seta) for the Finance, Accounting, Management Consulting and Other Financial Services Sector |
| FATF | Financial Action Task Force |
| FET | Further Education and Training |
| FRSC | Financial Reporting Standards Council |
| FSCA | Financial Sector Conduct Authority |
Acronyms G–L
| GAA | Global Accounting Alliance |
| GIBS | Gordon Institute of Business |
| GP | Gauteng Province |
| GET | General Education and Training |
| GRAP | Generally Recognised Accounting Practice |
| HDIs | Historically Disadvantaged Individuals |
| HDSA | Human Development Student Association |
| HODs | Heads of Department |
| Hons | Honours |
| HR | Human Resources |
| HR & REMCO | Human Resources and Remuneration Committee |
| IAASB | International Auditing and Assurance Standards Board |
| IAESB | International Accounting Education Standards Board |
| IAT | Initial Assessment of Competence |
| IDO | Insights-driven organisation |
| IEP | Integrated Ethics Plan |
| IESBA | International Ethics Standards Board for Accountants |
| IEWG | Integrated Ethics Working Group |
| IFAC | International Federation of Accountants |
| IFRS | International Financial Reporting Standards |
| IMC | Integrated Marketing Communications |
| IRBA | Independent Regulatory Board for Auditors |
| IRITS | Integrated Reporting, Integrated Thinking and Sustainability |
| ISFAP | Ikusasa Student Financial Aid Programme |
| ISSB | International Sustainability Standards Board |
| ITC | Initial Test of Competence |
| JSE | Johannesburg Stock Exchange |
| LEMS | Leadership Evolution Masterclass |
| LPC | Legal Practice Council |
| KPI | Key Performance Indicator |
| KZN PAG | KwaZulu-Natal Provincial Accountants General |
Acronyms M–R
| MANCO | Management Committee |
| MFMA | Municipal Finance Management Act |
| MIB | Members in Business |
| MSOC | Managed Security Operations Centre |
| MOU | Memorandum of Understanding |
| NDP | National Development Plan |
| NPO | Non-Profit Organisation |
| NSFAS | National Student Financial Aid Scheme |
| OECD | Organisation for Economic Co-operation and Development |
| PAFA | Pan African Federation of Accountants |
| PAIB | Professional Accountants in Business |
| PCC | Professional Conduct Committee |
| PFMA | Public Finance Management Act |
| PGDA | Postgraduate Diploma in Accounting |
| PHI score | Professional Health Index |
| RCB | Recognised Controlling Bodies |
| RFP | Request for Proposal |
Acronyms S–Z
| SAAPTI | South African Auditing Profession Trust Initiative |
| SAICA CVO | Chief Value Officer |
| SAICA-ED | SAICA Enterprise Development |
| SALGA | South African Local Government Association |
| SAQA | South African Qualifications Authority |
| SARS | South African Revenue Service |
| SDGs | Sustainable Development Goals |
| SED | Socio-economic development |
| SETO | Social, Ethics and Transformation Committee |
| SMME | Small, Medium and Micro Enterprises |
| SMP | Small and Medium Practices |
| SSTC | SAICA Sustainability Technical Committee |
| STI | Short Term Incentives |
| TCMS | Training Contract Management System |
| TEUF | Thuthuka Education Upliftment Fund |
| THF | The Hope Factory |
| TOR | Terms of Reference |
| TVET | Technical Vocational Education and Training |
| TOM | Target Operating Model |
| UIF | Unemployment Insurance Fund |
| UN | United Nations |
| UNDP | United Nations Development Programme |
| VAT | Value-added Tax |
| W&RSETA | Wholesale & Retail Sector Education and Training Authority |
| XBRL | Business Reporting language |
ReCAlibrate
The Recalibration of force and vision turns a lump of clay into a work of art. This is where precision meets passion.
A pottery wheel calibrates rotational speed to match the artist’s touch, while hands align pressure and angle to shape symmetry. The calibrated spin avoids wobble; while the movements creates form and shape. This kind of calibration controls chaos.