Internal auditors decry lack of regulation

Lack of regulation has been identified as one of the challenges facing the Institute of Internal Auditors Botswana (IIAB).

Speaking on Wednesday at the organisation’s fifth annual conference in Gaborone, IIAB president, Boemo Maboane said the institution, which was established in 1996, had no law to regulate internal auditors, unlike accountants.

Maboane said the Botswana Institute of Chartered Accountants (BICA) has since indicated to them that all internal auditors working in government, parastatals and private sector shall not register with BICA.

Editor's Comment
Oh what a State funeral!

That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...

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