SESSION 2 - Responding to and Reporting Non-Compliance (NOCLAR, APA & Professional Obligations) Participants will learn how to evaluate non-compliance, determine materiality and decide whether withdrawal from an engagement is necessary. This session unpacks reporting lines, including mandatory reporting to IRBA, the Companies and Intellectual Property Commission (CIPC), and other authorities. It also covers NOCLAR requirements under the IESBA Code, timing of reporting and legal risks for auditors who fail to report.

Key Topics Covered:

• Responding to identified non-compliance under ISA 250

• NOCLAR: Ethical responsibilities under the Code

• Reportable Irregularities – Auditing Profession Act requirements

• Reporting timelines and escalation processes

• Documentation of findings and actions taken

• Anti-bribery and corruption considerations (PRECCA/FICA)

• Legal consequences for failure to report

• Communication with management and those charged with governance

• Internal and external auditors

• Audit trainees and junior auditors

• Audit seniors and supervisors

• Compliance officers

• Audit quality reviewers

• Professionals preparing for professional board exams