The Financial Reporting Act, 2010 (the Act) ushered in the Botswana Accountancy Oversight Authority to, among other functions:

1. improve the standard and quality of accounting and audit services; and
2. protect the interest of the public and investors in entities.

With specific reference to Certified Auditors and Audit Firms, Section 24 of the Financial Reporting Act, 2010 (the Act) states that “notwithstanding anything contained in the Companies Act, or any other law, a person shall not hold any appointment, or offer any services for remuneration, as a Certified Auditor of Public Interest Entity (PIE), unless he or she is registered by the Authority as a Certified Auditor of PIE under this Act”, while Section 25 of the Act states that “An audit firm shall not practise or provide audit services to a public interest entity, unless such firm is registered with the Authority’’.

Pursuant to the foregoing, the following Certified Auditors and Audit Firms of Public Interest Entities (PIEs) are registered with the Authority as at 21 January 2019:

All Public Interest entities are therefore informed that only the above listed certified auditors and audit firms are permitted to offer audit services to Public Interest Entities. If you wish to obtain any more information or clarification, please contact the Authority.

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