Are you aware that you must respond to non-compliances as a professional accountant that must adhere to the Professional Code of Conduct? We sometimes need clarification on what is expected of us when identifying NOCLAR. This session will clarify what the auditor and management should do when NOCLAR has been identified. Sometimes we don’t know that NOCLAR exists because we do not know what to look for. Therefore, we will cover some basic requirements from FICA (new requirements since 2023), POCA, POCDARARA, PRECCA, etc.

Where there are rules, they will be broken. This is a universal truth, but while some rules were made to be broken, others were created to protect the best interest of all relevant parties. In this session, we unpack the responsibility in terms of the NOCLAR section in the code of conduct for Professional accountants. The following will be covered during this lesson: • What are the reasons for, and why is it necessary to respond to NOCLAR? • What is a NOCLAR? • Who needs to comply with this section in the code? • Types of laws and regulations and exclusions of the scope • What does it mean for non-compliance to become known? • What should be done when non-compliance is identified or becomes known? o Senior Professional Accountants in business o Other Professional Accountants in business o Professional Accountants in public practice who provides services other than audits • What does it mean to obtain an understanding of the matter? • Who should you discuss the matter with and what should be discussed? • When should you take further action and what should these further actions be? • Should the matter be disclosed to an authorised body? • When are you prohibited from disclosure? • What needs to be documented

Management of a business, accountants and auditors seeking to know what their responsibility is when NOCLAR has been identified.