VALUE CREATION
OUR STRATEGY, PERFORMANCE AND IMPACT
Performance Measures and Monitoring
SAICA’s balanced scorecard integrates its strategic pillars and objectives, setting clear measures and targets for each initiative. The strategy cascades through divisional and individual scorecards, aligning employees’ daily activities with organisational priorities. Progress is reviewed bi-annually, with continuous monitoring by the Board and sub-committees.
Monitoring, Refinement and Review
Progress on strategic initiatives is regularly reviewed to assess effectiveness and alignment with objectives. Adjustments are made as needed to enhance delivery. Quarterly CEO integrated performance reports and balanced scorecards are reviewed by Board sub-committees to track progress against SAICA’s strategic objectives. At year-end, final performance reviews are conducted, and results are tied to incentives per HR policies.
Resource Allocation and Financial Sustainability
Resource Allocation, R7 372 (FY23: R6 962)
Member fee split across strategic pillars and retained in reserves and retained in reserves
Looking Ahead
Looking ahead, SAICA’s strategy over the next four years will focus on enhancing operational efficiency, digital integration, and addressing the root causes of low APC pass rates. Key initiatives will include advancing sustainability skills, digital acumen, audit reforms, and stakeholder engagement to drive membership growth and transformative impact. Collaboration and strategic partnerships will expand resources and expertise, amplifying the reach of these efforts.
Guided by the SAICA Board, the strategy will undergo annual reviews and refinement to remain dynamic and aligned with the evolving professional landscape. Balancing immediate priorities with long-term goals, SAICA is committed to sustainable growth, public interest, and shaping a resilient accountancy profession for the future.
To explore the full SAICA strategy, visit the official SAICA website.
Embracing the Future of Accountancy
ReCAlibrate
Adapt to constant change and embrace technology
Reimagine
Continuously develop and implement creative solutions to emerging challenges and opportunities
Renew
Evolve the profession into a sustainable future
Together, we will shape a resilient, relevant and responsible accountancy profession for South Africa and beyond
