Audit

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Unleashing the Future: How AI is Transforming the Auditing Landscape at Rakoma & Associates Inc.

In the rapidly evolving landscape of auditing, artificial intelligence (AI) has emerged as a transformative force, reshaping traditional practices, and offering unprecedented opportunities for enhanced efficiency, accuracy, and insights. At Rakoma & Associates Inc., we recognize the significance of embracing […]

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Understanding IRBA

The Independent Regulatory Board for Auditors, commonly referred to as IRBA, is a vital regulatory body in South Africa’s financial landscape. Established to safeguard the interests of investors and the general public, IRBA plays a pivotal role in ensuring the

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Improving Audit Quality: A Pathway to Trustworthy Financial Reporting

High-quality audits are the foundation of trustworthy financial reporting. They provide assurance to investors, regulators, and stakeholders that a company’s financial statements accurately represent its financial position and performance. However, concerns have been raised about the quality of audits, highlighting

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Understanding SIACA

The South African Institute of Chartered Accountants, commonly known as SAICA, plays a pivotal role in shaping the accounting profession in South Africa. Established in 1980, SAICA has since become a respected and influential organization, providing support, guidance, and regulation

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