OUR GOVERNANCE

Driving Value Creation

Education and Assessment Committee (EAC)

Committee purpose and how it contributes to value creation

The committee’s main responsibility entails assisting the Board in providing independent oversight of:

Growth of the SAICA membership base through quality education and assessment of potential members
The quality, efficiency and integrity of the Institute’s qualification processes

Chairperson

Jacobus Swanepoel (until March 2024)
Alice le Roux (Acting Chairperson from March 2024 and appointed as Chairperson from 11 June 2024)

Members of committee in the period 1 January 2024 to 31 December 2024 and attendance

Jacobus Swanepoel (1 January to March 2024)(100%)
Alice le Roux (100%)
Thandi Thankge (100%)
Vincent Motholo (from 11 June 2024) (100%)

Meeting attendance

100%

Declaration

The committee met five times and reports that for the year ended 31 December 2024, it is satisfied that it has fulfilled its responsibilities in accordance with the Companies Act, the Board Charter, the Committee Terms of Reference, King IV^™ and other applicable standards and codes.

Key focus areas and value creating activities for the period under review

Monitored further implementation of the CA of the Future Competency Framework:

Reviewed the terms of reference of the EAC to incorporate all changes of IPD and other aspects
Monitored accreditation of higher education institutions
Revisited the total value chain of the Nation Building Division
Contributed to the future strategy of the Nation Building Division

Future focus areas 2025

Ongoing monitoring of SAICA professional examinations and the removal of possible barriers in the qualification process
Focus on the IAC and APC and ongoing development relating to the CA of the Future Framework
Development of the proposed new SAICA designations
Focus on the growth of the AT(SA) in a student model and the AGA(SA) growth
Ongoing monitoring on the implementation of further recommendations from the independent research report