...S.P.J. von Wielligh The purpose of this study was to determine current practices for two salient aspects of the audits1 of listed South African long‐term insurers by empirically analysing prevailing practices. First, current practices for the composition of the audit teams responsible...

...S.P.J. von Wielligh Gaining an understanding of the business and accounting processes of the insurers concerned is a key element of the complex, high‐risk external audits1 of listed South African long‐term insurers. In this empirical study, the value chain concept developed by Porter in the 1980s...

...S.P.J. von Wielligh As a result of the significant influence of actuaries on policy liabilities and the related earnings in the financial statements of a listed South African long‐term insurer, auditors encounter a number of key issues and considerations relating to the incorporation of actuarial...

...S.P.J. von Wielligh Audits of long‐term insurers are complex, high‐risk engagements. The auditor’s consideration of materiality has a direct impact on the quality of such audits. So far, however, no research has been published on the application of materiality in audits of long‐term insurers...

...S.P.J. von Wielligh; J.P. van den Berg The objective of this study was to identify the impact of a perceived inadequacy of authoritative South African financial reporting guidance for long‐term insurers, on the basic financial statement characteristic of comparability. The authors attempted...

...S.P.J. von Wielligh The objective of this research is to identify those industry‐specific elements of the financial statements of listed South African long‐term insurers that are potentially exposed to the highest level of inherent risk. Auditors of these companies should focus on these elements...