OUR GOVERNANCE
Driving Value Creation
Board Committee Focus for 2024 and Outlook for the Year Ahead
The Board ensures that its arrangements for delegation within its own structures promote independent judgement and assists with the balance of power and the effective discharge of duties.
Board Committees
According to the constitution, the Board holds the authority to make decisions regarding the Institute’s affairs unless those decisions are reserved for the members. It can also create Board committees and delegate powers to them.
To enhance its oversight and governance, the Board has established six standing committees, each tasked with specific duties. The authority of these committees is outlined in formal terms of reference, which the Board reviews and approves annually.
See governance framework and detailed committee reports.
The Disciplinary Panel
The Board appoints legal practitioners and CA(SA) members to a Disciplinary Panel for a three-year term, renewable for additional terms.
Members from this panel are selected to serve on the Professional Conduct Committee (PCC) and the Disciplinary Committee (DC).
These independent committees operate under the by-laws, enforcing professional conduct standards within the Institute. Their powers and responsibilities are delegated by the Board, ensuring a structured approach that upholds objectivity, professionalism, and accountability.
The Professional Conduct Committee
The PCC is formed as needed from members of the Disciplinary Panel who have no conflicts of interest. For advisory matters, the PCC consists of two members, while three members are required for other matters. The PCC’s key functions are detailed in paragraph 7 of the Disciplinary Code, ensuring that it effectively upholds the standards of professionalism within the Institute.
The Disciplinary Committee
The DC is appointed as needed from the Disciplinary Panel members who have no conflicts of interest. Comprising three members, the committee is led by a Chairperson who must be a lawyer. The DC’s responsibilities are outlined in paragraph 7 of the Disciplinary Code, ensuring fair and effective handling of disciplinary matters within the Institute.
See details of the independent review of the SAICA Disciplinary procedures in the Disciplinary Matters section.
Collective Skills and Experience
Board committee members are carefully nominated for specific sub-committees based on their unique skills, experience, proven track record, and availability.
This ensures that both the Board and its sub-committees maintain a balanced mix of diverse and complementary expertise.
By integrating a rich blend of perspectives, we enhance decision-making and drive the organisation forward effectively.
Committee Membership
For representation by the various directors on the Board committees see Board committee reports:
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