BOARDROOM TALES
ANN CROTTY: Saica not invested in investigating
Saica crows about a survey that ranked local CAs as the most trusted in eight countries — but it’s a hollow achievement
On its website, the South African Institute of Chartered Accountants (Saica) explains that its disciplinary process “plays a crucial role in maintaining the integrity of the profession and protecting the public interest”. It goes on to tell us that through the exercise of professional authority over members, the institute protects the public from unscrupulous practices and unprofessional or unethical conduct.
Well, there wasn’t much sign of any of that at Saica’s recent disciplinary hearing of one of its members, Graeme Rigby, who had been accused of gross negligence, dishonesty and bringing the profession into disrepute...
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