An Overview of the Accounting Sector in South Africa
The accounting firms in South Africa ensure the requirements for financial reports and play a crucial role in the South African economy. Recent legislation attempts to strengthen efforts to keep auditors accountable. Still, there are worries they may deter graduates from entering the field since they may fear severe repercussions if they are connected to corporate crimes. This, together with professional evacuation, has raised worries about auditor scarcity.