Newsmaker
Brain drain of skilled auditors could ‘kill profession’
Imre Nagy, new CEO of IRBA, says corporate scandals and SA’s uncertainty are pushing many to look elsewhere
18 September 2022 - 07:14
Imre Nagy, new CEO of the Independent Regulatory Board for Auditors (IRBA), says a brain drain of skilled auditors leaving the country will weaken the profession, making it harder to rebuild its credibility.
“We’ve seen a sharp uptick in emigration. We’re closely monitoring this because it could mean we’re losing the next generation of auditors to other countries. We’re sitting with a gap in the middle which will force audit firms to appoint more junior partners,” he says...
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