Auditing Bursaries

Bursaries for auditing students in South Africa 2023: Are you looking for auditing bursaries in South Africa 2023? In this article, I will provide you with details on the various available bursaries to study auditing in South Africa 2023, how to submit your application online and other related information.

Application is currently open for auditing bursaries in South Africa 2023. If you have a passion for numbers and for keeping order, you may be best suited to a career in the Auditing sector.

As qualified Accountants are considered one of the “scarce skills” in South Africa, there are many large corporations seeking to help students gain qualifications into the finance field by way of a bursary programme.

Whether you intend on studying towards an accounting degree/ diploma/ certificate, here are a list of big companies offering accounting degrees and scholarships for South African students in need of financial assistance to complete their studies.

Auditing bursaries in South Africa 2023

Auditing is an on-site verification process, such as the examination or inspection of a quality system to ensure that it meets compliance requirements.

An Auditors main responsibility in a business is to ensure that all financial records are accurately kept by reviewing all transactions systematically. The business owners have the responsibility to ensure that their accounting books are maintained, which Auditors then annually look at. Auditors are there to aid business owners in locating problems within their company. Once auditing is complete, the business will receive an audit report, explaining whether records were inaccurate, accurate, and/or missing.

There are 2 types of Auditors in business: internal and external Auditors.

Internal Auditors are appointed by the business owner to conduct auditing, thus checking company goals and preventing financial flaws. Internal Auditors examine business management and operations, as well as update board members and shareholders on the company’s finances.

External auditing is auditing performed by a third party (e.g. SARS, insurance company, etc.). External audits may take a look at the business’ complete financial records or just various aspects of its operations. All reports done by external Auditors are compiled using auditing standards.

To become an Auditor, you will need to obtain a relevant qualification (it is advised to work via an institution that has been endorsed by the IIA as they may offer internship programs.) Internships are fantastic as they can introduce you to the practical world of auditing. Next, you will need to become a member of a professional body (IIA SA brands), by doing this, you have an advantage as companies will want to employ branded professionals. You would then need to go through the IIA SA training program and then write the CIA exam/ specialty exam (if you wish to enhance your facilitation skills.) Lastly, you would need to adhere to the IIA SA requirements in order to maintain the professional IIA SA designations.

If this sounds like a career path you would be interested in following, here are a list of Auditing bursaries in South Africa 2023 to apply for:

  1. Breede Valley Municipality Bursary
  2. Bushbuckridge Local Municipality Bursary
  3. Cape Winelands District Municipality Mayoral Bursary
  4. City of Cape Town Bursary
  5. City of Johannesburg Bursary
  6. Department of Tourism Bursary
  7. Drakenstein Municipality Bursary
  8. Garden Route District Municipality Bursary
  9. Gauteng Dept of Roads and Transport Bursary
  10. Hessequa Local Municipality Bursary
  11. iSimangaliso Wetland Park Bursary
  12. KwaDukuza Municipality Bursary
  13. KwaZulu-Natal Government Bursaries
  14. Land Bank Bursary
  15. Langeberg Municipality Bursary
  16. Limpopo Provincial Treasury Bursary
  17. Mpumalanga Provincial Government Bursary
  18. Musina Local Municipality Bursary
  19. North West Provincial Government Bursaries
  20. NUMSA Bursary
  21. Overberg District Municipality Bursary
  22. Overstrand Municipality Bursary
  23. Palabora Mining Company Bursary
  24. Prince Albert Municipality Bursary
  25. Public Investment Corporation (PIC) Bursary
  26. Rand Water Bursary
  27. Ratlou Local Municipality Bursary
  28. Richards Bay Industrial Development Zone (RBIDZ) Bursary
  29. Saldanha Bay Municipality Bursary
  30. SIOC Community Development Trust (SIOC-cdt) Bursary
  31. South African Forestry Company Limited (SAFCOL) Bursary
  32. Stellenbosch Municipality Bursary
  33. Swartland Municipality Bursary
  34. Tegkor/ Nelson Mandela University Bursary
  35. Theewaterskloof Municipality Bursary
  36. Vhembe District Municipality Mayoral Bursary
  37. West Coast District Municipality Bursary
  38. Western Cape Provincial Treasury Bursary