The Ministry of Finance is pleased to announce that Mr. Trevor Manuel, Minister of Finance, will establish the Ministerial Panel for the review of the Accounting Professions' Bill on Thursday, 5 December 2002. The Minister will hold a meeting with the Review Panel and introduce the chairperson and members.
Procedural matters, the involvement of outside stakeholders and the required timeframes will be discussed at the meeting.
South Africa is the first emerging market country to formally review the regulations of the professions.
At the end of the meeting the Minister will introduce the panel to the media and release the terms of reference. There will be an opportunity for questions to the Minister and the Ministerial Panel.
The media is invited to a briefing on the expected work of the Review Panel.