SAICA submission on the Joint IESBA and IAASB Stakeholder Survey - Strategy and Workplans for 2028-2031

In its submission, SAICA has emphasised that the strength of the International Auditing and Assurance Standards Board’s and International Ethics Standards Board for Accountants’ frameworks lies in their principles‑based nature, which provides durability and adaptability across jurisdictions, entities, and emerging risks. SAICA has proposed that the standard-setting boards should place greater emphasis on high-quality, timely implementation guidance as opposed to frequent revision of extant standards and the proliferation of new requirements.