The profession has taken a reputational knock in recent years, amid serious accounting scandals
The accountancy profession must push the integration of climate change and corporate risk in integrated reporting, and ensure that corporate social responsibility indexes include…
Incoming chief executive Ruwayda Redfearn says Deloitte has learned a lot about the importance of ‘professional scepticism’ from its corporate mishaps
Its reputation is not being helped at all by the crisis at its independent regulatory body
Nedbank announced on Monday that Ernst & Young and Deloitte & Touche would take over its external auditing
Saica’s members that are implicated include former CEO Andile Ramavhunga and former holding company Vele Investments chairperson Tshifhiwa Matodzi
IRBA cannot afford to hire more investigators
In a Financial Matters Amendment Bill released for comment, treasury proposed changes to the Auditing Profession Act, the law that created IRBA
Jacques Wessels, who audited Linkway Trading accounts, is facing six charges relating to improper conduct and tax evasion
The Independent Regulatory Board of Auditors seeks to establish whether Jacques Wessels was ‘grossly negligent on several occasions’
The banking sector has fared well despite a difficult economic climate
The Independent Regulatory Board for Auditors admitted to Parliament on Wednesday that it has resource constraints
KPMG South Africa has seen an exodus of clients in recent weeks; the Auditor General, Barclays Africa, Sibanye-Stillwater and Redefine Properties
The revelations are another blow to the auditing firm, which has battled to restore its credibility after allegedly assisting Gupta-linked companies
At the top of the 2018 Budget was renewed vigour in tackling corruption that had become commonplace in the public sector
KPMG has been widely criticised for not probing the R30-million payment used to fund the now infamous Gupta wedding
The IRBA is legally mandated to ensure the public can trust that audits are clean
Regulatory body seeks Hawks intervention
