STAKEHOLDERS, INTERESTS

AND ENGAGEMENT CHANNELS

STAKEHOLDERS, INTERESTS AND ENGAGEMENT CHANNELS

LEGEND:

Worsening

Improving

Stable

Expectations met

Improvements required

Expectations not met

The tables below demonstrate our commitment, engagement and quality of our relationships with key stakeholders through the value we have delivered

LEGEND:

Worsening

Improving

Stable

Expectations met

Improvements required

Expectations not met

Non-governmental organisations and the general public

(Stakeholder Group D)

THEIR MATERIAL INTERESTS

  • Professional conduct of members
  • Impact of members on the public, 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 ADDRESSED THESE INTERESTS IN 2022

  • Regular engagement and quarterly meetings. XBRL SA board meeting
  • Engagement with SALGA on potential collaboration and alliance agreement
  • Engagement with the Chartered Institute of Government Finance, Audit and Risk Officers (CIGFARO) on potential collaborations and action plan for MoU signed

RISKS and
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, 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

KEY METRICS/OBJECTIVES TRACKED TO MONITOR VALUE DELIVERED

  • Brand admiration indexes are as follows:
  • Member satisfaction of PHI declined slightly from 68% (FY21) to 67%
  • The overall PHI market trust index remained at 83%
  • The overall PHI for Brand Admiration (composite among all stakeholders) remained at 79%
  • VALUE DELIVERED

STRATEGIC INITIATIVES AFFECTED

MATERIAL MATTERS AFFECTED

Non-governmental organisations and the general public

(Stakeholder Group D)

THEIR MATERIAL INTERESTS

  • Professional conduct of members
  • Impact of members on the public, 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 ADDRESSED THESE INTERESTS IN 2022

  • Regular engagement and quarterly meetings. XBRL SA board meeting
  • Engagement with SALGA on potential collaboration and alliance agreement
  • Engagement with the Chartered Institute of Government Finance, Audit and Risk Officers (CIGFARO) on potential collaborations and action plan for MoU signed

RISKS and
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, 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

KEY METRICS/OBJECTIVES TRACKED TO MONITOR VALUE DELIVERED

  • Brand admiration indexes are as follows:
  • Member satisfaction of PHI declined slightly from 68% (FY21) to 67%
  • The overall PHI market trust index remained at 83%
  • The overall PHI for Brand Admiration (composite among all stakeholders) remained at 79%
  • VALUE DELIVERED

STRATEGIC INITIATIVES AFFECTED

MATERIAL MATTERS AFFECTED

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SAICA Integrated Report 2022.
All Rights Reserved.

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SAICA Integrated Report 2022. All Rights Reserved.

Site Links

Site Links

Head Office