Mandatory firm audit rotation results report update

SAICA released the Mandatory audit firm rotation (MAFR) results report on 27 September 2016. It has come to our attention that there were some inconsistencies between the visuals and the report narrative.

The full results report as well as the executive summary has been amended with revised design elements to achieve visual consistency with the report narrative as well to enhance the readability of the report. The data, results, narrative and conclusions remain exactly the same and are not affected by the visual design amendments.

This article is a general information sheet and should not be used or relied upon as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your financial adviser for specific and detailed advice. Errors and omissions excepted (E&OE)