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Professional Bodies Alliance Agreement
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Professional Bodies Alliance Agreement
Accountability of Professionals

Signing Ceremony, 10 September 2018, IRMSA Offices, Sandton

(Back row, left to right: Jaco de Jager, CEO ACFE; Angela Cherrington, CEO IoDSA; Shafiek Dollie, CEO SAIPA)
(Front row, left to right: Gillian le Cordeur, CEO IRMSA; Stephen Sadie, CEO CSSA; Claudelle von Eck, CEO IIASA)

 

Professional Bodies collaborating to protect the interest of the Public

We are delighted to advise that on Monday 10 September, IRMSA signed an Alliance Agreement with the Association of Certified Fraud Examiners South African Chapter (ACFE), Chartered Secretaries Southern Africa (CSSA), Institute of Directors in Southern Africa (IoDSA)Institute of Internal Auditors South Africa (IIA SA) and South African Institute of Professional Accountants (SAIPA).  The purpose of the Memorandum of Understanding is to collaborate to protect the interest of the public. 

Protecting the interest of the public is a key element in the mandate of professional bodies.  Central to this element is holding professionals accountable against a Code of Ethics as well as professional standards.

Reports around professionals breaching the Codes of Ethics of their respective professional bodies have escalated in recent times.  Professional bodies are therefore under increasing pressure to hold their members accountable, and visibly so.

There has been an increase in the number of individuals who hold multiple memberships across professional bodies and members who join alternate professional bodies after having been disciplined by their professional body without disclosure to the alternate professional body.

In this context, the parties have therefore concluded that there is a need to collaborate with each other in order to ensure that:

  • Professionals are not able to use loopholes to evade being held accountable
  • Proper mechanisms of disclosure are in place
  • The professional bodies can speak with one voice where an individual holds multiple designations and/or memberships
  • Unnecessary duplication of effort is avoided
  • Costs are contained

Should you require more information, please contact us.

Professional Bodies Alliance Agreement - Signed

Item Name Posted By Date Posted
Professional Bodies Alliance Agreement - Signed PDF (662.85 KB) Administration 2019/03/05
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