IMPORTANT PUBLIC NOTICE
IT IS A CONTRAVENTION OF THE LAW FOR ANY PERSON TO PERFORM THE WORK OF
AN EXTERNAL AUDITOR
WITHOUT BEING REGISTERED WITH
THE PAAB FOR THAT PURPOSE.
BEFORE ENGAGING THE SERVICES OF AN EXTERNAL AUDITOR, PLEASE CONFIRM THEIR REGISTRATION WITH
THE PAAB.
Section 22 of the PAA Act
“…no person shall -
(a) engage in public practice as an accountant or auditor or hold himself out as an
accountant or auditor in public
practice or use any designation or description likely to create the impression that
he
is an accountant or auditor in
public practice; or
(b) accept an appointment or act as an auditor where the appointment of an auditor
or
the performance of an audit is
required by law,
unless he is registered as an accountant and auditor in terms of this Act and has
paid,
at the rate applicable to a
registered accountant and auditor who is engaged in public practice, the annual fees
as
may be prescribed or such
portion thereof as may be determined by the board…”