Holding Out
Important Notices
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…”