Happy Noo Yeah! It's always great to start a new year - there is a mountain of resolutions to ignore and weight to gain etc.
Rob Davies, rather sweetly, left us with a little new year reading. It seems that the DTI has realised that the codes limited accreditation to only SANAS. Their solution is to repeal paragraph 10 of code 000 and replace it with notice 110. Not a bad idea - although paragraph 10.1 was the one that spoke of verification being "encouraged". I can't say that this really matters because it has got to the point now where only accredited verification agency certificates will be accepted.
Rob has now allowed the Independent Regulatory Board for Auditors (IRBA) to become an accreditation body. I assume that the repealing of paragraph 10 will allow other types of bodies to become accreditation bodies too.
Nicolaas van Wyk, posting on his blog, made a very pertinent observation
Inexplicably the proposed amendments exclude members from other professional bodies such as SAICA, ACCA, SAIPA and SAIBA from being recognized. Members of these professional bodies will have to undergo the arduous process of obtaining SANAS accreditation before they will be allowed to perform B-BBEE verification of measured entities.
I know nothing about the IRBA, and at the time of posting their website was down. Is this now a political thing or is it that only the IRBA requested to become an accreditation body?
A few other points that I noticed
- The body itself must remain a superior contributor to BEE (level three and higher) - as must VAs
- The DTI has pledged total faith in that dodgy verification manual
- The code applies to regulatory bodies like ABVA. Please don't tell me we are now going to get another ABvacuous.
You have about 50 days left to bitch about it.
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