STAKEHOLDER

ENGAGEMENTS IN 2022

STAKEHOLDER ENGAGEMENT AND VALUE CREATION

The re-introduction of face-to-face events post the easing of lockdown restrictions provided an opportunity to engage with stakeholders both locally and abroad and host various networking events for members to engage with each other. Key themes that were topics of discussion for engagements during 2022 include:

The re-introduction of face-to-face events post the easing of lockdown restrictions provided an opportunity to engage with stakeholders both locally and abroad and host various networking events for members to engage with each other. Key themes that were topics of discussion for engagements during 2022 include:

TOPICS OF DISCUSSION

  • Fraud and corruption prevention
  • Audit reform and audit quality
  • Corporate reporting improvement
  • Reputation management and disciplinary updates
  • Capacitating and professionalising the public sector
  • Engagements with partner organisations and potential partners
  • Ethics
  • SAICA strategy
  • The state of the economy and current challenges in South Africa
  • Economic development initiatives to grow the South African economy

TOPICS OF DISCUSSION

  • Transformation in the industry, Institute and industry pipe- line
  • Topical interviews and media engagements throughout the year
  • Awareness of and delivery on the UN SDGs and sustainability reporting standard-setting
  • Impact of climate change
  • Increasing regulatory requirements and expectations
  • Understanding the different requirements of members from a professional as well as life stage perspective
  • Office and responsiveness of public sector stakeholders

TOPICS OF DISCUSSION

  • Fraud and corruption prevention
  • Audit reform and audit quality
  • Corporate reporting improvement
  • Reputation management and disciplinary updates
  • Capacitating and professionalising the public sector
  • Engagements with partner organisations and potential partners
  • Ethics
  • SAICA strategy
  • The state of the economy and current challenges in South Africa
  • Economic development initiatives to grow the South African economy

TOPICS OF DISCUSSION

  • Transformation in the industry, Institute and industry pipe- line
  • Topical interviews and media engagements throughout the year
  • Awareness of and delivery on the UN SDGs and sustainability reporting standard-setting
  • Impact of climate change
  • Increasing regulatory requirements and expectations
  • Understanding the different requirements of members from a professional as well as life stage perspective
  • Office and responsiveness of public sector stakeholders

STAKEHOLDERS, INTERESTS AND ENGAGEMENT CHANNELS

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

STAKEHOLDERS, INTERESTS AND ENGAGEMENT CHANNELS

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

MEMBERS AND ASSOCIATES

(Stakeholder Group A)

THEIR MATERIAL INTERESTS

  • Value of the SAICA membership
  • Reputation of SAICA designations
  • SAICA’s disciplinary process for members under investigation
  • Ethical standing of the profession
  • CA(SA), AGA(SA), AT(SA) brand clarity and enhancement
  • SAICA and member relationships with key government agencies
  • Sustainability of the accountancy profession
  • Enhancement of their professional competencies

HOW WE ADDRESSED THESE INTERESTS IN 2022

  • CEO roadshows for members in South Africa and abroad
  • Roadshows at a district level by Standards and Member Engagement divisions
  • International member engagement in Perth, Melbourne and Sydney
  • Focus groups to better understand member expectations beyond traditional products and services
  • Value analyses for the SMP and MiB constituencies to ensure alignment with needs and expectations
  • New members induction to explain how engagement drives value in their career progression
  • Focus on members in the 35 to 55 age group to deeper understand how SAICA can support their requirements

RISKS and
OPPORTUNITIES

  • Negative perceptions of SAICA designations
  • Ineffective disciplinary processes
  • Unethical conduct of SAICA members
  • SAICA qualifications not recognised by international accreditation bodies

STRATEGIC
RESPONSE

  • Proactive ongoing engagement
  • Structure support and services to meet specific needs of members across categories

KEY METRICS/OBJECTIVES TRACKED TO MONITOR VALUE DELIVERED

  • Member satisfaction score = 67% (FY21: 68.42%)
  • VALUE DELIVERED

STRATEGIC INITIATIVES AFFECTED

MATERIAL MATTERS AFFECTED

MEMBERS AND ASSOCIATES

(Stakeholder Group A)

THEIR MATERIAL INTERESTS

  • Value of the SAICA membership
  • Reputation of SAICA designations
  • SAICA’s disciplinary process for members under investigation
  • Ethical standing of the profession
  • CA(SA), AGA(SA), AT(SA) brand clarity and enhancement
  • SAICA and member relationships with key government agencies
  • Sustainability of the accountancy profession
  • Enhancement of their professional competencies

HOW WE ADDRESSED THESE INTERESTS IN 2022

  • CEO roadshows for members in South Africa and abroad
  • Roadshows at a district level by Standards and Member Engagement divisions
  • International member engagement in Perth, Melbourne and Sydney
  • Focus groups to better understand member expectations beyond traditional products and services
  • Value analyses for the SMP and MiB constituencies to ensure alignment with needs and expectations
  • New members induction to explain how engagement drives value in their career progression
  • Focus on members in the 35 to 55 age group to deeper understand how SAICA can support their requirements

RISKS and
OPPORTUNITIES

  • Negative perceptions of SAICA designations
  • Ineffective disciplinary processes
  • Unethical conduct of SAICA members
  • SAICA qualifications not recognised by international accreditation bodies

STRATEGIC
RESPONSE

  • Proactive ongoing engagement
  • Structure support and services to meet specific needs of members across categories

KEY METRICS/OBJECTIVES TRACKED TO MONITOR VALUE DELIVERED

  • Member satisfaction score = 67% (FY21: 68.42%)
  • VALUE DELIVERED

STRATEGIC INITIATIVES AFFECTED

MATERIAL MATTERS AFFECTED

SAICA BOARD - STAKEHOLDER GROUP a

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SAICA Integrated Report 2022.
All Rights Reserved.

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SAICA Integrated Report 2022. All Rights Reserved.

Site Links

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Head Office