Board Notice No. 24 of 2019

Independent Regulatory Board for Auditors » the Fees payable to the IRBA with effect from 1 April 2019

Title	Independent Regulatory Board for Auditors » the Fees payable to the IRBA with effect from 1 April 2019
Department	Board Notices
Gazette	National Gazettes, No. 42258 of 01 March, 2019, 2 page(s), 172Kb

STAATSKOERANT, 1 MAART 2019                       No. 42258    111

BOARD NOTICE 24 OF 2019

INDEPENDENT REGULATORY BOARD FOR AUDITORS

THE FEES PAYABLE TO THE IRBA WITH EFFECT FROM 1 APRIL 2019

1.    Registration as an auditor:
                   1.1  Individual registration, payable on application for registration   R10 210.00
                   1.2  Proficiency interviews, payable on notification of interview     R1 730.00
                        (Application of the “Three-Year Rule”)

1.3  Application for recognition as tax practitioner with IRBA as RCB   R1 050.00
                   1.4  Administration fee for cancellation or withdrawal from 1.1, 1.2 and 1.3
                        above (Recovery of cost)                                  15% of the above applicable
                   Note: No firm registration fee is payable and the registration fee includes the   fee
                   first-year annual fee.
             2.    The annual renewal of registration fees payable by any individual registered
                   as an auditor shall become due and payable on 1 April of every calendar year.
                   2.1  Annual renewal of registration payable by any person as long as he/she   R8 100.00
                        remains registered as an auditor

2.2  Annual renewal of tax practitioner status payable by any registered   R2 100.00
                        auditor who is recognised as a tax practitioner with IRBA as RCB

2.3  Administration fee for reinstatements (not limited to reinstatements after   R4 050.00
                        lapsing)
                   2.4  Administration fee for reinstatement of tax practitioner recognition   R1 050.00

Note: Requests for reinstatement will be processed up until 31 January 2020.
                   No applications for re-registration by RAs who fail to pay any of the above
                   annual fees will be processed before 1 February 2020.
             3.    Once-off fees payable in respect of registration of training contracts:
                   3.1  Training contract                                                R2 680.00

4.    Once-off fees payable in respect of registration of an Audit Development
                   Programme contract:

4.1  Audit Development Programme (ADP)                                R6 120.00
                   4.2   Administration fee for cancellation or withdrawal from 4.1 above
                        (Recovery of cost):
                        ?  Registered candidate auditor resigns within six (6) months. The   15% of the above fee
                           IRBA has not conducted an introductory visit and an inspection visit

?  Registered candidate auditor resigns within six (6) months. The
                           IRBA has conducted an introductory visit, but not an inspection visit   50% of the above fee
                        ?  Registered candidate auditor resigns within six (6) months. The
                           IRBA has conducted an introductory visit and an inspection visit   100% of the above fee

Type your email for free alerts on latest Board Notices notices as they are published

greengazette

Board Notice No. 24 of 2019

Links

Publications