The Independent Regulatory Board for Auditors (IRBA) plays an important role in building a reputation for South Africa as an investment market for both local and global investors and driving economic growth for the country. During December 2019, the IRBA launched its Feedback Report on Audit Quality Indicators (AQIs), providing feedback on a set of measures that audit firms reported on to the regulator, as well as providing audit committees with insights relevant to the appointment, performance, independence and reappointment of the auditor