South Africa Ranked as Strongest Economy for Auditing, Reporting Standards The World Economic Forum has released its annual Global Competitiveness Report 2010-2011, once again ranking South Africa as the top economy in terms of the strength of its auditing and reporting standards for company financial performance. The report credits South Africa’s decision to adopt International Standards on Auditing as early as 2005 in helping South Africa to consistently move up in ranking over the last few years, culminating in the top position for the past two years. The report examines factors that enable national economies to achieve sustained economic growth and long-term prosperity.

South Africa Ranked as Strongest Economy for Auditing, Reporting Standards

The World Economic Forum has released its annual Global Competitiveness Report 2010-2011, once again ranking South Africa as the top economy in terms of the strength of its auditing and reporting standards for company financial performance. The report credits South Africa’s decision to adopt International Standards on Auditing as early as 2005 in helping South Africa to consistently move up in ranking over the last few years, culminating in the top position for the past two years. The report examines factors that enable national economies to achieve sustained economic growth and long-term prosperity.