Auditing Profession Act, 2005 (Act No. 26 of 2005)Board NoticesIndependent Regulatory Board for AuditorsAssurance Fees Payable to the IRBAAssurance Fees Payable to the IRBA with effect from 1 April 2026Board Notice 889 of 2026 |
Board Notice 889
6 March 2026
GG 54268
Independent Regulatory Board for Auditors
Assurance Fees Payable to the IRBA with effect from 1 April 2026
In Board Notice 851 of 2025 (“Board Notice”) the Independent Regulatory Board for Auditors (IRBA) informed the public and Registered Auditors (“RAs”) of its intention to prescribe assurance fees payable by RAs for the 2026-2027 financial year in accordance with Section 8(1)(b) of the Auditing Profession Act, 2005 (Act 26 of 2005) and invited public comments on the proposed fees.
Having considered the comments from the public consultation process, the Board has resolved not to increase the rates payable by firms from the prior year.
Accordingly, assurance fees payable from 01 April 2026 to 31 March 2027 are prescribed herewith as approved by the Board:
Fee Percentages and Applicable Categories |
|
Total Assurance Fee (both High-Risk and Low-Risk) (R) Declared |
Rates adopted as proposed in the November 2025 Board Notice. |
> 702 250 000 |
0.393% |
> 140 450 000 |
0.594% |
> 126 405 000 |
0.606% |
> 112 360 000 |
0.618% |
> 98 315 000 |
0.630% |
> 84 270 000 |
0.677% |
> 70 225 000 |
0.701% |
> 56 180 000 |
0.773% |
> 42 135 000 |
0.891% |
> 28 090 000 |
1.010% |
> 60 400 |
1.146% |
<= 60 400 |
0.000% |